# Gold

#Gold

Gold

Gold lower despite Trump tax plan worries

Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global geopolitical risks. However, market watchers remained concerned regarding the US President Donald Trump’s tax plan...
Oil

Crude Oil and Precious Metals Diverge

Energy and precious metals diverged overnight, with crude oil holding its ground while the safe-haven unwind continues in gold and silver. Crude Oil Choppy trading in decent ranges was the theme of the...

Euro steady while yen and gold ease; Canadian dollar weakens

The euro remained steady, near five-month highs against the dollar, while the yen and gold retreated as the outcome of the French elections dampened demand for safe havens. Markets shrugged off...
Oil

Oil Trickles Lower as Gold Recovers

Oil continued its downward grind overnight as gold recovered some of its losses as President Trump’s first 100-days draws to a close. OIL Oil continued its bullish unwind overnight, with both Brent and...
Oil

Wolves Circle Oil and Gold Ahead of Le Crunch

Oil continues it’s bearish consolidation, while precious metals await this weekend’s French election. Gold has spent the overnight session consolidating to open quietly mid-range at 1281 this morning in Asia. The fact...
Gold

XAU/USD – Gold Moves Close to $1300 as North Korean Crisis Continues

Gold has posted gains on Tuesday, erasing most of the losses which marked the Monday session. In North American trade, gold is trading at $1289.78 per ounce. On the release front, US...

Commodities Fall as Mnuchin Trumps the Dollar

Treasury Secretary Mnuchin’s strong dollar comments saw the greenback rally across most asset classes. PRECIOUS METALS Gold fell from its high above 1295 to 1280 overnight, but gold has made a sprightly start...
Donald Trump

Trump U-turns & Dollar weakness fails to support Rand and Lira

The recent escalation of geopolitical risks dominating the financial market headlines has been briefly removed from investors’ radars after US President Donald Trump once again took the markets by surprise. This time,...
Gold

Gold, silver hit five-month highs

Gold and silver traded at five-month highs on Wednesday as worries over geopolitical tensions boosted safe haven demand. Investors were attracted to less risky assets as concerns loomed over US military action...
Donald Trump

Dollar extends losses on Trump comments; aussie jumps after solid Australian jobs report

The dollar weakened further today after US President Donald Trump said in an interview with the Wall Street Journal that the greenback is “getting too strong”. The Australian dollar was a...
Gold

Gold and yen at five-month highs on geopolitical risk

Geopolitical concerns continued to be the dominant theme in the markets today, yen jumped to five-month high and gold traded at the highest level this year. Risk aversion also pushed investors...

Gold becomes more attractive

It seems almost surreal that another war might be on the horizon for the United states, but that could be very much be the case in the near future. Markets are responding...
Gold

Market sentiment remains fragile, gold breaks out a new five-month high

US indices closed lower last night with Syria and United Airline’s unfriendly skies in focus. The gold price broke out strongly above the key resistance level of $1,265 and advanced further to...
US Dollar

Dollar weakens, safe havens gain on geopolitics and Yellen comments

Safe haven assets were in demand as risk aversion in the markets today drove investors to the yen and gold.  Geopolitical concerns and Fed Chair Janet Yellen’s comments weighed on US...
Gold

Geopolitical concerns boost save havens

Investors are dumping risk assets early Tuesday as geopolitical tensions remained the key catalyst shaking the markets. The move by China to send 150,000 troops to North Korea border over fears...
British Pound

GBP softer on data, NFP in focus

UK’s manufacturing and industrial production unexpectedly contracted for the second month in a row. Soft data revived the Bank of England (BoE) doves and backed the idea that the inflation alone may...
US Dollar Japanese Yen

Gold and yen jump on risk aversion after US missile strike on Syria; focus...

Gold and the yen jumped during Asian trading on Friday, while stock markets fell on geopolitical risk, pushing investors out of risky assets and into safe havens. There were flows into...

Gold catches traders eyes

Markets have been very interesting as of late, and one the most interesting movers in the market thus far has been gold. The hedge of risk is once again taken a major...

Gold’s Consolidation Phase Poised to Continue

Gold is fast approaching a critical resistance level which could mean we have a few torrid weeks ahead of us. Specifically, on the one hand, the metal’s underlying bullish sentiment remains...
Gold

Gold Prices Aren’t Behaving in Practice as They Should in Theory

The Federal Reserve’s decision to raise interest rates on December 14 should have been the death bell for gold, a commodity that is highly sensitive to monetary policy. But something very...

Gold below $1,250 on Fed rate hike hints

Precious metals traded in the red on Wednesday as investors grew more confident of another US Federal Reserve interest rate hike later in the year. The US dollar strengthened and stocks rose...
UK

Brexit-day. Focus on UK assets and the pound

The Article 50 is triggered; the UK has officially sent its demand to leave the European Union. PM Theresa May will speak at the Parliament by the mid-day in London and is...
Great British Pound

Sterling hit by Brexit reality

The Brexit jitters were revived on Tuesday evening with Sterling stumbling into steep losses after British Prime Minister Theresa May signed a letter notifying the EU of Britain’s plan to depart...
US Dollar

Dollar falls across the board, gold rallies after new US healthcare bill fails to...

The dollar fell across the board and gold rallied as risk aversion in the markets increased demand for safe haven assets after news that the US House of Representatives failed to...
Stock Exchange - FTSE 100 Index

Global stocks decline, USD pare gains

Lack of appetite in mining and energy stocks combined to stronger pound weighed on the FTSE stocks (-0.89%) at the weekly open in London. The FTSE 100 broke the 50-day moving...
Stock Exchange - FTSE 100 Index

Mixed sentiment pre-US healthcare vote

The FTSE 100 stocks stand strong against the pound appreciation. The FTSE index held the ground above the 7300p level on Thursday’s session and opened mixed on Friday. Improved global risk...
Donald Trump

Trump rally to be tested by healthcare vote

A growing sense of caution has gripped the financial markets this week with investors on standby ahead of Thursday’s key healthcare vote in Congress which may thoroughly test the Trump bump. Uncertainty...
Great British Pound

GBP gains on data, EUR on the rise

The UK’s retail sales, excluding autos, grew 1.3% month-on-month, printing a yearly expansion of 4.1% versus 3.2% expected by analysts. The solid data underpinned the GBP-bulls. The pair hit 1.2520 as...
BGC Brokers London Stocks

Risk-off: Airline, bank shares tumble

The sharp appreciation in the pound is taking its toll on the UK stock markets. The FTSE started the day downbeat, as financials (-0.99%) led losses after the US banks took...

Gold Prices Look to Fed Commentary for Direction Cues

Gold prices continued to rise as front-end US Treasury yields declined, touching the lowest level in a month. Not surprisingly, this bolstered the relative appeal of non-interest-bearing assets including the yellow metal....

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...

French stocks hit nine-month high as earnings power European shares

DAX
French blue chips hit a fresh 9-year high on Wednesday, helped by a surge in the shares...

Gold lower despite Trump tax plan worries

Gold
Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global...
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