0.0 00 The price of US WTI light and sweet crude, saw its largest daily drop in a month yesterday. The price of the black gold continues to fall lower this morning, The ratings company, Fitch, …
Read More »Gold Prices continue to Fall this Morning
0.0 00 The price of gold continues to fall lower this morning as investors weigh the probability of another interest rate hike from the Federal Reserve. This pushed the U.S. dollar and Treasury yields higher. In …
Read More »U.S. Crude Futures shed over $1 to close near $50
0.0 00 U.S. crude oil futures shed over $1 a barrel in Asian trade today. There was a rise in U.S. drilling as well as higher OPEC output reported. This put the brakes on the current …
Read More »Gold is now near a 7 Week Low
0.0 00 Gold futures contracts dipped lower as price levels neared a seven week low earlier in Asian trade hours. The U.S. dollar remains supported by stronger economic data and higher Treasury yields. By 1 am …
Read More »Asian Investors wait on RBA Rate Decision
0.0 00 Asian markets were mixed today despite a record breaking day on Wall Street overnight. Asian Investors are waiting on the interest rate and monetary policy decision from the Reserve Bank of Australia (RBA). The …
Read More »Gold Prices fall on US Inflation Data
0.0 00 This morning, gold prices, fell lower on Friday. Weaker inflation data, out of the United States, along with consumer spending data put another interest rate raise by the Federal Reserve under some doubt. As …
Read More »Euro Steady despite the Vote in Catalonia
0.0 00 This morning, during Asian trade hours, the euro was, shockingly, steady as the week kicked off. Yesterday, the Catalonia region in Spain voted to cede from Spain amid widespread violence. The EUR/USD Forex market …
Read More »Japanese Yen Shrugs off Solid Tankan Data
0.0 00 This morning, the Japanese yen, across the board and in the benchmark USD/JPY Forex market, shrugged off a solid print of the Tankan business survey released by the Bank of Japan. This key business …
Read More »Asian Markets Mixed as the US Dollar Stutters
0.0 00 Asian stock bourses were mixed Friday morning as the US dollar gave back some games overnight. Investors are further digesting US tax reform. Asian Markets also digested a round of economic data out of …
Read More »Japanese Yen Shows Weakness as BOJ Considers more QA
0.0 00 The Japanese yen fell against most of its G 20 trading partners, including the benchmark USD/JPY Forex market. This comes after dovish statements within the Bank of Japan’s summary of opinions report from the …
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