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On Wednesday gold maintained gains from a two-day rally to reach a three-week peak as more soft US economic data hurt the dollar and undermined hopes for a US Federal Reserve rate hike in June...
Metals
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News, 29 April 2015, 08:52 #FOMC, silver, metals
CoinHako (Bitcoin wallet service for consumers to buy, sell and secure their Bitcoins) announces that it is the first ever Asian exchange that fully insures Bitcoin reserves. Originally founded in Silicon Valley, it is based in Singapore...
Currency
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BlondieNews, 29 April 2015, 03:11 #Cryptocurrency, bitcoin
China’s gold consumption showed signs of recovering in the first three months this year after plunging in 2014, as relatively low bullion prices attract Asian interest, especially in gold jewelry. Demand in the first quarter rose 1.1% compared with a year earlier to 326...
Metals
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Sergey Golubev, 28 April 2015, 22:11 #China, metals, gold
H4 price broke 200 period SMA and 100 period SMA stopped by 1207.22 resistance level; the price is located above 200 period SMA and 100 period SMA for now: The price is ranging between 1175.17 support and 1207.22 resistance levels with the primary bullish market condition...
Metals
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Sergey Golubev, 28 April 2015, 18:11 #price action, gold
An avalanche of cash unleashed by the European Central Bank is spurring demand from the United States and other international investors for the euro region’s stocks - and the currency needed to buy them...
Currency
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News, 28 April 2015, 18:02 #Stoxx Europe 600, QE
“Gold has certainly been in a bear market prior to today and continues to be, regardless of the rally,” said Adam Koos, president of Libertas Wealth Management Group...
Metals
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News, 28 April 2015, 16:43 #metals, Fed, gold
Gold futures fluctuated on Tuesday, a day after recovering sharply from five-week lows to retake the psychologically important $1,200-an-ounce level impacted by speculation Fed policy makers may delay the rate hike...
Metals
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News, 28 April 2015, 16:01 #comex, FOMC, silver
On Tuesday the U.S. dollar was steady at three-week lows against its Canadian counterpart, as the US currency weakened ahead of a report on U.S. consumer confidence due later in the day. Market players also expect Wednesday's Fed policy statement...
Currency
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News, 28 April 2015, 15:48 #usd/cad, forex news
On Tuesday the greenback declined for a fifth day, its longest period of losses since July, on speculation downbeat economic data will delay the US central bank's first interest-rate increase in nine years...
Currency
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News, 28 April 2015, 14:22 #FOMC, forex news, Fed
Tuesday marked the first fall for copper prices in three sessions, as investors awaited cues on monetary policy from the Federal Reserve...
Metals
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News, 28 April 2015, 11:42 #copper, IMF, FOMC
Crude-oil futures fell in Asian trade Tuesday, with Brent below the $65 mark, ahead of inventory data due later and a pledge from Saudi Arabia to keep pumping oil. Barclays analysts say the market has passed through the worst, but it is not out of woods yet...
Crude Oil
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News, 28 April 2015, 10:30 #WTI, Brent
On Tuesday the Australian dollar reached one-month peak against the greenback, following comments by Reserve Bank of Australia Governor Glenn Stevens. The New Zealand dollar declined against its US peer, but losses were limited as the greenback remained vulnerable after recent soft U.S. data...
Currency
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News, 28 April 2015, 09:24 #RBA, forex news
On Tuesday Asian stocks pulled back from a seven-year peak as markets were nervous ahead of the Federal Reserve's policy two-day meeting due to start later in the session...
Market News
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News, 28 April 2015, 08:52 #Apple, Wall Street, Nikkei
The following are 11 signs that we are entering the next phase of the global economic crisis: #1 It is being projected that half of all fracking companies in the United States will be “dead or sold” by the end of this year. #2 The rig count just continues to fall as the U.S. oil industry implodes...
Market News
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Sergey Golubev, 28 April 2015, 06:11 #stock market, China
On Monday U.K. stocks traded at a record level, with HSBC PLC set for its strongest session in nearly two years after a report the company is seeking to spin off its U.K. retail bank...
Market News
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News, 27 April 2015, 16:38 #FTSE 100, stocks
Analysts at Commerzbank consider there will be continued demand for gold in Europe, as Greek concerns will continue to weigh for some time...
Metals
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News, 27 April 2015, 16:11 #metals, gold
On Monday the U.S. dollar was lower against its Canadian peer, as Friday's downbeat U.S. economic data dampened optimism over the strength of the country's recovery, weighing broadly on the greenback...
Currency
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News, 27 April 2015, 15:47 #usd/cad, forex news, Fed
Gold futures recovered on Monday as negotiations between Greece and its international creditors kept going and investors awaited the outcome of this week’s meeting of the US central bank's policy makers...
Metals
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News, 27 April 2015, 15:02 #comex, copper, FOMC
European stocks moved higher Monday impacted by a report saying that Greece has made changes to a key team negotiating with its international creditors. Euclid Tsakalotos, Greece’s alternate foreign minister, is to head a new policy negotiating team...
Market News
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News, 27 April 2015, 14:46 #Stoxx Europe 600, dax
On Monday the greenback regained ground against a basket of other major currencies, as markets digested the previous week's soft U.S. economic reports...
Currency
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News, 27 April 2015, 13:29 #GBP/USD, forex news, Fed