# Gold

#Gold

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....
Gold

Gold Pullback Could Be Temporary

The precious metal is under pressure but not for long as the fundamentals are still supporting the upward bias. SPDR gold trust ETF holding has dropped further yesterday from 834 metric tons...
Japanese Yen

Dollar under pressure, near 3-week lows against yen; gold extends rally

There was a quiet start to the week as closed markets in Japan led to lackluster trading during the Asian session. With not a lot on the economic calendar, investors digested...
British Pound vs US Dollar

Pound appreciates on BoE, EUR gains

The pound strengthened after the Bank of England (BoE) revealed a surprise hawkish shift at yesterday’s monetary policy meeting. The MPC voted 8 to 1 to keep the bank rate unchanged at...
Bank of England

BOE Meeting, Dutch Election, FOMC and Gold

Dutch Prime minister beats the Freedom party comfortably and creates more comfortable environment for investors while BOE is under watch. Dutch Elections Puts end to nonsense Populism It is all over and...
Europe

Euro gains on positive outcome of Dutch elections; Dollar extends post-FOMC losses; gold rallies

The US dollar remained weak against its major counterparts during the Asian session after making big losses on Wednesday despite the Federal Reserve delivering a rate hike. Following a two-day meeting, the...

Gold Prices Could Have a Rough Few Weeks Ahead

Despite a slowing rate of decline, gold could have further downsides on offer moving ahead. Specifically, the shift in the metal’s technical bias should see it back at around the 1180.00...
Gold

Gold bears continue to dominate

Gold continues to be right in the cross hairs of the bears in the market, as US economic data continues to show a large amount of hope and as Trumps 1...
Euro Dollar

Gold slips below $1200, NFP in focus

As expected, the UK’s industrial and manufacturing production contracted in January. Cable remains offered pre-1.2200. The negative trend is picking up momentum for a potential pullback toward the 1.20 level. The FTSE is...
Gold

Gold extends losses; All eyes on US jobs report

The dollar remains relatively strong, posting gains against most major counterparts with the exception of the euro which was helped in the aftermath of yesterday’s ECB meeting and subsequent press conference...
Mario Draghi

Draghi’s hawkish tone lifts euro; non-farm numbers in the spotlight

The EUR/USD pair rebounded as much as 0.7% last night, before retracing back to the 1.058 area this morning, following European Central Bank president Mario Draghi’s hawkish speech. Mr Draghi declared victory...

Commodities buckle under Greenback pressure

Gold and Oil buckled under the Dollar pressure, with Oil having spent perhaps too long at the highs with record net long exposure. With NDP and FED's meeting over the next...
Crude Oil

WTI bulls struggle above $52.50

WTI Crude breached $53 during trading on Tuesday after industry data pointed to a potential ninth straight week of inventory builds which revived some oversupply concerns. Although OPEC members have made an...
Gold

Gold enters into bearish trend; SGX proposes lunch break

US equity indices continued to consolidate last night as the market tried to price in a 96% chance of a rate hike in March. Traders might want to strike the right balance...

Gold Prices Pull Back Toward February Low On Fed Hopes

Crude oil prices remain trapped in the consolidation of 2017 that followed the dramatic rise over the majority of 2016 after falling as low as $26/bbl in February. On Monday, the fundamentals of...
Great British Pound

FTSE gains timid as Cable tests 1.22

The UK has a busy agenda on Tuesday and Wednesday. Today, UK PM Theresa May has yet another tough day before the House of Lords. The UK’s lawmakers are expected to amend...
Gold

Is it Time for Gold to Resume its Rally?

Sentiment should be returning to the gold markets this week as the metal looks as though it’s ready to begin tracking higher once more. Specifically, we seem to have reached another turning...
Janet Yellen

Risk-off pre-Yellen, PMI weighs on GBP

Cable extended losses to 1.2245. The UK’s services PMI came in slighlty softer than estimates. The disappointment accelerated the sell-off as the pair had already taken off 1.2260 support, the major...
Gold

Gold Prices Narrowly Avoid Breakdown As Fed Rate Hike Bets Swell

Gold prices rebounded from session lows put in amid the return of the “Trump trade” as the PCE gauge of US inflation – the Fed’s favored price growth measure – undershot expectations. The on-year rate registered at 1.9...
Snap Chat

Snap Inc. to surf on global enthusiasm

The US dollar firmed against its G10 counterparts on the back of the rising hawkish Federal Reserve (Fed) pricing into the FOMC’s March meeting. As a cherry on top, Fed Governor Brainard,...
Federal Reserve

Trump, Fed and Dollar, Higher Volatility for Gold and Treasury

Fed overshadowed Trump's speech and the dollar index has become the major focus among investors. President Trump used a slightly different approach last night in his speech which makes you think if...
Donald Trump

President Trump shifts tone and appears Presidential

The eyes of the world have been hooked on President Trump overnight as he delivered his first speech to congress. There was an element of surprise for viewers because Trump actually...

Is Gold Facing a Reversal Back Towards $1200?

Gold has seen a resurgence over the past few months as the metal has seemingly rallied from the December $1122.75 low as it clawed its way back above the key $1200...
US Stocks

Risk-off; US stocks drenched with blood?

The risk-off trading pulled the Asian stocks lower on Friday, although the major Asian stock indices are set for a positive weekly close for the fifth straight week. MSCI Asia Pacific...

LATEST

Oil slips towards $50 on doubts over output-cut extension

Oil
Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production...

FTSE hits one-month low as miners, Babcock slide

London Stock Exchange
Britain's top share index hit a one-month low after the failure of U.S. President Donald Trump to...

BT fined record 42 million pounds for business-line installation errors

BT - British Telecom
Britain's BT has been fined a record 42 million pounds ($53 million) by the regulator for failing...

What’s up Next for the AUD?

Australian Dollar
The AUDUSD has reached a bit of an impasse as a result of last week’s tumble which...

USD/JPY Faces a Critical Support Zone as 1.10 Handle Now in Focus

US Dollar Japanese Yen
The past week has been highly negative for the USDJPY as s sentiment swing, against the U.S....
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