Bullion Market Outlook For This Week
April 23, 2012 3:10 am by ElliotBoth gold and silver during last weeks trading did not show any major movements or solid directions, with the yellow metal weakening for the majority of the week whilst silver prices traded slightly up. During last week, gold prices fell ...
Euro Gains On U.S Dollar After Positive German Data
April 20, 2012 8:51 pm by ElliotThe Euro made its biggest gains against the U.S Dollar during Friday's trading due to an unexpected rise in German business confidence, resulting in investors leaning towards riskier assets.
Crude Oil Stengthens Despite Recent Losses
April 20, 2012 3:19 pm by ElliotCrude oil prices appreciated during Friday's trading after figures showed that business confidence in Germany, the Euros strongest economic nation, has increased more then expected.
Sterling Boosted As Nation’s Economy Could Be Improving
April 19, 2012 8:04 pm by ElliotThe British Pound made solid gains over the Euro on Thursday's trading day after rumours that the Bank of England will bring next months stimulus program to a halt,as there are indications that the nation's economy is improving. The sterling dropped ...
Gold Makes Gains After Reaching Week-Low
April 19, 2012 5:10 pm by ElliotGold showed some strength during Thursday's trading after falling to a week-low prior to today. Even though the precious metal was trading well below the levels we have previously seen, investors were keen to profit from the current poor price.
Crude Oil Slides After Greater Than Expected Inventories Report
April 18, 2012 10:28 pm by ElliotCrude Oil dropped during Wednesday's trading after U.S Supply increases more than expected, resulting in losses for the first time in three days.
Japanese Yen Weakens Whilst Pound Climbs
April 18, 2012 3:51 pm by ElliotThe Japanese Yen fell against most of its Major Currency counterparts for the second-day in a row. The Yen weakened after the Bank of Japan mentioned that more stimulus may be required despite the fact that it seems global economic ...
Australian and NZ Dollar Make Gains
April 18, 2012 3:38 am by ElliotThe Australian dollar appreciated against most of its Major currency counterparts after the International Monetary Fund raised its global economic growth outlook, encouraging demand for high-yielding assets.
Yen Slides Against Majors Whilst Canadian Dollar Climbs
April 17, 2012 6:09 pm by ElliotTuesday's trading saw the Japanese Yen decline versus most of its Major currency counterparts including the Euro and the U.S Dollar. The fall in the Yen was due to a report out of Germany indicating a rise in investor confidence ...
Crude Oil Trades Up on Retail Sales and Spanish Debt Crisis
April 17, 2012 1:38 pm by ElliotCrude oil prices reached a three-day high after better then expected U.S Retail Sales figures and played off the renewed concerns over the financial stability of Spain in the Euro-zone.
