0.0 00 Gold prices fell lower this morning, during Asian trade hours. They extended losses now through two days as the dollar firmed and U.S. Treasury yields moved higher. As of 1 am GMT, spot gold …
Read More »Asian Markets follow Wall Street Lower
0.0 00 This morning, Asian stock markets followed the soft close on Wall Street overnight, and moved lower. Investors had very little in the way of economic news to spark trading in the region. The Asian …
Read More »Japanese Yen falls a Jobless Rate Weakens
0.0 00 This morning, before Asian trade hours and Tokyo’s open, Japanese jobs data crossed the news wires. The Japanese yen weakened, a tad, against its Forex trading partners, including the benchmark USD/JPY Forex market. The …
Read More »Treasury Yields Tick Higher on GDP Miss
0.0 00 U.S. government treasury yields rose Friday afternoon after the country’s gross domestic product growth, for the fourth quarter, unexpectedly slowed. As of 11:30 am EST, the yield on the 10 year Treasury note was higher. …
Read More »Gold Benefits from a Weak Dollar
0.0 00 Gold futures inched higher Monday morning during Asian trade hours. The yellow metal continues to benefit from a weakening US currency. The sawbuck is hovering near a three year low and the bullion is …
Read More »Strong Demand Pushes up Crude Oil
0.0 00 Crude oil prices were firm Monday morning during Asian trade hours. They were supported by strong global demand, a weak US dollar and continuing supply constraints by OPEC and non-member countries led by Russia. …
Read More »Crude Oil dips on Stronger Dollar
0.0 00 Crude oil futures contracts fell lower Friday morning during Asian trade hours. The dollar halted its fall lower and traders expect the market’s fundamentals to weaken at some point. As of 1 am GMT, …
Read More »Gold Dips then Inches Higher this Morning
0.0 00 Gold prices dipped this morning then edged higher. The yellow metal fell at least one percent from its near 18 month high, in the previous session, after President Donald trump backed a stronger U.S. …
Read More »Gold Futures hit a one and half Year High
0.0 00 Gold futures, during today’s Asian trade session, rose to their highest price points since August 2016. The yellow metal is being supported by a broadly weak dollar as the sawbuck has fallen to three …
Read More »Crude Oil Hits 2014 Highs on US Inventories
0.0 00 Crude oil prices hit their highest price points since December 2014. Oil was supported by the tenth week in a row of inventory declines in the United States. A continuing weakening dollar has also …
Read More »