Gold floated near the $1,200 mark last week following two days of losses as the dollar held its position near the highest in 11 years against a basket or against trading partners ahead of key U.S. economic data. Comex gold for the delivery this coming April was down 0.06 % at [...]
The economic and political conditions, which were seen at Britain’s benchmark, exceeded the peak that it sustained just prior to the dotcom bubble burst. The FTSE 100 last week broke a record that it stood for more than a decade when it hit a new all-time high. Britain's benchmark index [...]
According to NAB, hefty increase in beef prices and lesser increase in dairy, lamb and vegetable prices counterbalance the mixed performance in the grains industry. Economists at various agribusiness said that the coming months are optimistically looking great and positive. Moreover, beef is firmly staying at such elevated high levels [...]
Gold's 2015 rally appeared to be shaky last week with the metal was found to be falling for a second day in a row to levels last seen on January 9. The diminishing decline in the price of gold came in spite of the rising concerns that Greece might possibly [...]
In spite of falling 0.9pc last week, the benchmark index still maintained its strongest monthly gain since February. With the largest single-day fall in more than a fortnight, the FTSE 100 was still able to manage to record its best month for almost a year. Britain's benchmark index slid 61.2 [...]
Financial services firms that are providing CFDs on Swiss Instruments were playing with the lack of liquidity during the middle of one of the biggest currency moves in the Swiss franc. The CHF's immense drop affected its peers with shares and the benchmark SMI index faltering which resulted with CFD [...]
The copper market plummeted overnight to its lowest level since the middle of the downturn in the 2008, sparked apprehensions that the global economy is slowing down more evidently than many experts have predicted. Last week's drop was the sixth straight decline in copper prices and is presently trading at [...]
It's the agreement view of most options analysts that the daily turbulence in the U.S. stock market will soon increase this year following the fall back in 2011. So far, nothing has happened to prove the contrary. Deutsche Bank AG was the third major bank that told their equity derivatives [...]
The price of gold was able to rise in so far as this week's trading, which staged an unassuming recovery following its patience during the worst daily selloff in so far as this year during the previous session. Any gains are likely to be restricted due to the warning ahead [...]
The Japanese yen was able to gain in early Asia last week in a marginal data day in the region and a focus on U.S. data ahead of the Thanksgiving holiday. USD/JPY traded at 117.90, down 0.06 %,while EUR/USD traded at 1.2473, down 0.01 % and AUD/USD changed hands at 0.8528, down [...]