0.0 00 Government debt yields in the United States inched higher as trading started in 2018. This means prices moved lower as bond traders ditched government debt. Bond yields moves inversely to price. By 3:30 pm …
Read More »Gold Inches Higher towards a 3 ½ Month High
0.0 00 The price of gold inched higher as futures prices hit a better than three and a half month high during the morning Asian session. Gold is being supported by a weaker U.S. dollar. As …
Read More »Oil Opens at its highest New Year Level since 2014
0.0 00 This morning, oil prices recorded their best open since 2014. Crude is being supported by ongoing OPEC and Russian led supply cuts and strong global demand. There are also falling global stock piles. The …
Read More »Gold Kicks off the New Year on a Firm Note
0.0 00 Gold futures hit a fresh three month high this morning during Asian trade hours. The yellow metal was supported by technical factors after breaking above a key technical level las week. There is also …
Read More »Chinese PMI Beats Expectations to Start 2018
0.0 00 This morning, the private Chinese Caixin purchasing managers’ index (PMI) data crossed the wires. However, the Australian dollar (AUD/USD) was flat as holiday trade volume remains thin. The Chinese PMI beat expectations for December. …
Read More »Asian and Global Financial Markets Closed for New Year’s Day
0.0 00 The Asian financial markets closed mixed to end the year on Friday. The markets in the States were a tad higher and on whole, for the most part, most of the world’s stock markets …
Read More »Gold on Course for its Best Year since 2010
0.0 00 Gold prices were steady during the final trade session, at least in Asia, this morning. The bullion is trading near a one month high hit in the previous session. It is on track for …
Read More »Crude Oil Trades near its 2015 High Price Point
0.0 00 Crude oil prices were stable this morning during Asian trade hours. Trade activity is slowing down ahead of the New Year holiday weekend. Heading into 2018, traders said market conditions were tight. This is …
Read More »Gold Prices Stay the Course as the Dollar Weakens
0.0 00 The price of gold was steady this morning during Asian trade hours. They held onto gains, from the last trade session, when the bullion hit a three and half week high price point. The …
Read More »Treasury Yields Slip on US Economic Data
0.0 00 U.S. Treasury yields slipped on Wednesday. This comes after economic data showed that consumer confidence, in the United States, fell in the month of December. The yield curve also continues to flatten. As of …
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