The week-long rally in stocks continued last week as US economic data keeps on improving, while little direction was gained from the dollar which traded mostly sideways. The DJ-UBS commodity index was...
Crude oil plunges on global economic concernsNymex crude oil prices declined by 1.8 percent on Thursday, as European Union ban of Iranian oil imports is expected to be delayed by six months.However, ...
Gold, silver and base metals decline, crude oil upEuropean markets erased their earlier gains today ahead of Italian debt sale. The country’s has scheduled to sell as much as 8.5 billion Euros ...
Gold declines, base metals trade mixed European markets traded higher today ahead of US unemployment claims and consumer confidence data which is expected to be on a positive note. If the data comes ...
EquitiesAsian markets rose moderately thanks to Thursday’s upbeat US data. The Nikkei rose .3% to 8402, the Kospi jumped 1.2%, and the ASX 200 rose by .5%. China’s markets surged on hopes ...
EquitiesAsian markets slid on Thursday as anxiety grew ahead of Friday’s European Summit. The Nikkei dropped .7% to 8645, pulling back from a 1-month high. The Kospi slipped .4% after the Bank ...
Markets are generally steady in Asian session today. Risk appetite failed to sustain overnight as traders refused to commit to their positions ahead of thin holiday trading period. Weak home sales ...
The huge take up in the ECBs 3-year lending operation jarred the euro to nearly 1.32 but it slipped to 1.3050 at the end of the day on some weak details. CAD was the top performer on ...
The Euro tested the level above 1.36, which is the 50% Fibonacci level of the rise from 1.3415 to 1.4246, but failed to break above that level. The break below 1.3405 (76,4% Fibo level of the above ...
Movement in the general area of consolidation continues. Correction after falling from 85.52 to 79.57 reached 38.2 percent, followed by a break in the downward direction, as the price moves in the ...
