0.0 00 Gold futures prices inched lower this morning during Asian trade hours thanks to a stronger U.S. dollar. The dollar perked up thanks to a stronger than expected non-farm payroll report released on Friday. However, …
Read More »Asian Markets Fall as the Nikkei Tumbles over 2%
0.0 00 Monday morning, during Asian trade hours, the Asian bourses were mostly lower as the Japanese Nikkei fell over 2.3 percent. Investors are reacting to a better than expected non-farm payroll report that sent Treasury …
Read More »Australian Dollar Gains on Chinese PMI Data
0.0 00 The Australian dollar got a boost this morning after the Chinese private Caixin Purchasing Manager’s Index (PMI) expanded a stronger than expected pace this morning for January. This was the best expansion in six …
Read More »Gold Prices fall ahead of Today’s NFP Report
0.0 00 Gold prices slipped this morning during Asian trade hours. Investors are waiting on today’s non-farm payroll report due out during the North American trade session. Investors are looking o guidance regarding U.S. monetary policy …
Read More »Gold Falls thanks to Fed Remarks and Policy
0.0 00 This morning, during Asian trade hours, gold futures moved lower. Yesterday, Federal Reserve left interest rates as is but hinted at hikes later this year. The remarks were a bit more hawkish than expected. …
Read More »Crude Oil Gains thanks to OPEC
0.0 00 U.S. WTI crude oil extended gains this morning during Asian trade hours. This is thanks to OPEC’s commitment and compliance to production curbs which helped offset rising production in the United States. U.S. shale …
Read More »Australian Housing Data Hurts the AUD
0.0 00 The Australian dollar took a hit before recovering a bit after the release of economic data from both Australia and China. The economic data was a mixed bag of results. January’s Caixin purchasing managers …
Read More »Gold inches Higher this Morning
0.0 00 The prices of gold futures contracts rose higher this morning during Asian hours as the dollar lost some ground ahead of today’s Federal Reserve Board’s interest rate and monetary policy decision. This is due …
Read More »Asian Markets Close Higher Reversing Losses
0.0 00 Asian stock markets were marginally higher this morning, after reversing some losses. The Asian bourses ignored steep losses on Wall Street, overnight. The Asian and Japanese benchmark, the Nikkei 225 reversed early losses and was up …
Read More »Australian CPI Release Misses the Mark
0.0 00 The Australian dollar, including the benchmark AUD/USD Forex market took an initial hit after the Australian consumer price data was released. It was rather weak. The fourth quarter consumer price index rose by 0.6 …
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