31 January 2013Today, Asian markets fell on profit-taking after a negative US data showed the economy shrank in the final three months of 2012. This is in contrast to yesterday markets that ended higher when the Tokyo stock exchange jumped 2.28% to close...
30 January 2013In Europe, the latest Sentix poll stated just 17.2% of investors believed one or more states could leave the G17 over the coming year. This is a significant drop as market confidence grows with regards to the Euro zone.
30 January 2013The U.S. Comex gold futures rebounded 0.25 percent to $1,660.80 on Tuesday after falling 1.80 percent last week. The S&P 500 index has risen 0.32 percent this week and 5.73 percent this year.
29 January 2013Gold opened this morning with a positive note after founding support and retested $ 1665.00. Prices remained unchanged for most part of the Asian trading hours but as London opens, prices start to break lower and tested support at $...
28 January 2013Lagarde – no time to relapse so no time to relax even if we avoided the collapse in 2012. She added, Euro policy implemented in 2012 has shown positive signs and encouraged politicians to keep the momentum and avoid complacency.
25 January 2013Chinese better than expected manufacturing numbers, expanded at the fastest rate in two years. The index rose to 51.9 in January compared to 51.5 in December. Meanwhile, Japan logs a record trade deficit in 2012 according to the Japan...
25 January 2013The U.S. Comex gold futures fell 1 percent on Thursday, ending at $1,669.90. During the early Asian hours on Friday, the gold futures have dipped a further 0.2 percent.
24 January 2013The US House of Representatives voted 234 – 190 to sign off the 3 month suspension of the $ 16.4 trillion federal borrowing limit. The bill will suspend the debt ceiling until 19th May and allow Treasury to continue borrowing to pay bills.
23 January 2013The U.S. Comex gold futures have surged two weeks in a row, ending at $1,687.00 last week. They rose a further 0.30 percent this week to $1,692.20. The S&P 500 index has risen for three consecutive weeks, and rose a further 0.44 percent...
21 January 2013Gold ended the week on a positive note but again failed to break 1700 which we last mentioned. Gold initially rose to 1695.05 and no significant follow up buying which raise caution.
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