0.0 00 New Zealand released its consumer price index data this morning. The result tamed the current Kiwi rally a bit, as the benchmark NZD/USD Forex market moved lower during Asian trading hours. The softer inflation …
Read More »Major Asian Bourses have a Mixed Day
0.0 00 The major Asian stock exchanges traded mixed this morning. This follows an up day for Wall Street as Asian investors are more focused on corporate earnings releases. The Japanese benchmark, the Nikkei 225 was down 0.45 …
Read More »Gold Moves Higher as the Dollar Sinks Again
0.0 00 Gold future contracts continue to be firm thanks to an ever weakening U.S. dollar. The bullion is trading near a four month high and the almighty buck is near a three year low. As …
Read More »Japanese Yen follows the Bank of Japan
0.0 00 This morning, the Japanese yen, including the benchmark USD/JPY, barley moved on strong Japanese economic data. This was thanks to a dovish monetary policy decision thanks to the Bank of Japan. The preliminary manufacturing …
Read More »Crude Oil Rises on Global Economic Growth
0.0 00 Crude oil contract prices inched higher during Asian trade hours. Oil was supported by solid global economic growth as well as OPEC led efforts to reign in production. Russia is also part of that …
Read More »Gold Steady again Despite Weak US Dollar
0.0 00 Gold prices traded steadily this morning despite a weakened U.S. Dollar. The almighty buck did pare some of its losses, however as the government shutdown in the United States came to an end. As …
Read More »Asian Investors focus on Global Politics
0.0 00 Asian markets were a tad lower Monday morning as investors are watching the ongoing shutdown of the U.S. Government, which is going into its third day with no immediate end in sight as both …
Read More »Crude Oil Rises on a fall in US Drilling Rigs
0.0 00 Crude oil futures contracts rose during Asian trade hours. Oil found support with a drop in U.S. drilling activity last week. There is also rising tensions in the Middle East as Turkey opened a …
Read More »Gold Remains Steady as Investors watch the US Government
0.0 00 The price of gold futures contracts were steady as the dollar was softer this morning. Investors are watching the shutdown of the United States government which has yet to agree on a budget. As …
Read More »Gold Recovers as the Dollar Weakens
0.0 00 Gold futures have been benefiting from a weakening dollar. The yellow metal hit a low last week then recovered Thursday afternoon as the dollar weakened overnight. Still the bullion is vulnerable to further losses. …
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