0.0 00 The prices of gold futures contracts rose this morning in Asian trade after hitting a one month low. Traders are looking at a possible US interest rate hike by December. Other precious metals, like …
Read More »Despite US Tax Reform News Asian Markets are Mixed
0.0 00 Asian stock markets traded in a narrow band, this morning, as they were cautious. US markets were broadly higher overnight after the Republicans released the details of their long-awaited tax reform plan. The Japanese Nikkei …
Read More »Kiwi Dollar Tumbles on RBNZ Rate Decision
0.0 00 The Kiwi dollar, NZD/USD Forex market, fell lower this morning. The Kiwi dollar fell against most of its G 20 trading partners after the interest rate decision by the Reserve Bank of New Zealand …
Read More »Brent Oil Futures Trade near a 26 Month High
0.0 00 The global benchmark Brent crude oil rose this morning to trade near a 26 month high. This was set in the previous session thanks to threats from Turkey who warned that they could cut …
Read More »Asian Markets Cautious as the Dollar Holds onto Gains
0.0 00 Financial equity markets in China were higher this morning as many Asian markets were cautiously higher as well. Asian investors digested hawkish comments, overnight, from Federal Reserve Chair Janet Yellen. Also, tensions with North …
Read More »Gold Steady after Hawkish Comments from Yellen
0.0 00 Prices of gold contract futures contracts were steady during Asian trade hours. This comes after falling more than one percent on Tuesday thanks to hawkish comments from US Federal Reserve Chair Janet Yellen. A …
Read More »Gold inches lower as the Dollar Settles Down
0.0 00 The prices of gold contracts fell this morning as the US dollar firmed. The bullion is still not far off levels touched in the previous session. The yellow metal had risen more than one …
Read More »Asia Falls after North Korea Says Trump Declared War
0.0 00 Markets in Asia, this morning, were under selling pressure following a down day on Wall Street as well as a new round of a war of words between the United States and North Korea. …
Read More »Bank of Japan Releases its Policy Meeting Minutes
0.0 00 The Japanese yen, USD/JPY Forex market, barely moved after the Bank of Japan (BOJ) released of minutes from their July monetary policy committee. The Bank of Japan recommitted themselves to the long fight in …
Read More »Asian Markets Mixed on Election Polls
0.0 00 The major Asian stock bourses were mixed to kick the week off. Asian investors are digesting parliamentary election results in Germany and New Zealand. The Japanese Nikkei 225 gained 0.49 percent. Automakers and financials …
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