0.0 00 Gold prices moved lower during the Asian trade hours this morning. Yesterday, they had gained nearly one percent on weak U.S. economic data and concerns by some Federal Reserve policy makers have over inflation. …
Read More »U.S. WTI Crude Oil Surges as a Pipeline Shuts Down
0.0 00 U.S. crude oil prices surged higher during the North American trade hours towards two year highs. During Asian trade hours, crude prices remained near those highs. There was a shutdown of the Keystone pipeline. …
Read More »The Dollar Struggles during Asian Trade Hours
0.0 00 Asian markets were quiet this morning after a quiet and mixed day on Wall Street. U.S. Stocks ended narrowly mixed before closing before today’s Thanksgiving Day holiday. Investors also looked into the Federal Reserve …
Read More »OPEC Extension Hopes Push Crude Oil Higher
0.0 00 Crude oil futures inched higher during early Asian trade hours today. There was a reported fall in inventories in the United States as well as extension of the OPEC led supply reduction scheme which …
Read More »Gold Inches Higher before the Fed’s Minutes Release
0.0 00 Gold futures nudged higher during Asian trade hours today as investors were cautious before the release of the last policy meeting minutes from the U.S. Federal Reserve Board later today. The United States will …
Read More »The Hang Seng Index tops 30,000 as Asian Markets Rise
0.0 00 Asian markets were higher this morning following Wall Street’s record close overnight. We are seeing tech plays rally which has supported the broader markets. Shares on Hong Kong’s Hang Seng market have topped 30,000. …
Read More »Gold is Weighed Down by a Strong Dollar
0.0 00 Gold futures fell this morning during Asian trade hours as the U.S. dollar rose. Political and economic uncertainty, however, continues to be pervasive and dominates investor sentiment throughout the financial markets. This morning, Spot …
Read More »The British Pound Gains on Brexit Hopes
0.0 00 The euro fell this morning as the British Pound (GBP/USD) rose. German coalition negotiations broke down last week. This will open the door for the possibility of a new election. The British Pound rose this morning …
Read More »Reserve Bank of Australia’s Minutes Dampens the Aussie
0.0 00 The Australian or Aussie dollar slipped lower this morning against its G 20 trading partners. This includes the benchmark AUD/USD Forex market. The Reserve Bank of Australia (RBA) released their last monetary policy meeting …
Read More »Gold is now in Focus as the U.S. Dollar Firms
0.0 00 Gold prices edged lower this morning during Asian trade hours as the U.S. dollar firmed. This comes despite a rise in global political uncertainty out of the United States and the European Union. As …
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