On Tuesday morning base metals are trading up by 0.2 to 1.2 percent at LME electronic platform. Asian equities are also trading up by 0.4 to 1.6 percent as early morning the Chinese non-manufacturing PMI increased more than expectation supporting gains in riskier assets coupled with gains in western markets. As expected, the Euro-Summit after […]
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Gold fell to the lowest level in almost 4-weeks amid signs of slowing US growth while dollar gained on speculation that European Union leaders will struggle to solve the debt crisis. Gold has lost its safe haven title as investors begin to move into the risk markets. Although risk aversion remains the theme with no
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Equities are trading down following the increased risk from Europe to control the rising debt concerns. World leaders pressured Europe at the Group of 20 Nations Summit on Monday to take ambitious new steps to resolve its debt crisis while China has committed itself to boosting the resources of the International Monetary Fund in order
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