Gold prices gained interests as a result of the possibility of buying a new delay the Fed to raise rates of economic uncertainty and spread on a large scale. It prompted profit taking and short covering sites operations since then gold to relegation from the top to the bottom, who is 1128...
Fed’s mixed signals The recovery in risk assets was rather snuffled out after last night’s FOMC meeting which was dovish, but a little less dovish than many had previously hoped for...
28 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 08:00 Spanish Unemployment Rate EUR Med. 21.2% 21.1% Positive 09:30 Preliminary GDP q/q GBP High 0.4% 0...
Gold prices rise for the second consecutive time this week, supported by the decline in global stock indices, where the Chinese could SHANGHAI COMPOSITE index to decline by -6.42% during the Asian session to hit since the beginning of the year to date losses amounted to -23.04...
Here we go again The market’s ability to reverse any risk appetite at the moment indicates that we are not at the bottom yet of the current downward spiral. Chinese indices are 6% lower overnight, Japanese over 2% in the red and oil is back below 30 bucks a barrel...
Last week finished with a turnaround in sentiment, with risk appetite being boosted by a rally in oil. WTI has lifted over $5 from lows which has helped commodity currencies rally; USDCAD is down 580 pips from the pre-BOC highs...
For the past few years, the conversation that the world's rich and powerful have been having about China at the World Economic Forum in Davos, Switzerland, has sounded like this: BULLS: China is going to be a world power, surpassing the US, and one with the power to cleanly vault over the challen...
ince the stock market began falling at the beginning of this year, there seems to have been a palpable change in the stories we have been hearing. Suddenly there is more willingness to entertain the possibility of a major stock market correction, or of an economic recession...