# Gold

#Gold

Oil Prices Rise

FTSE, CAD under pressure as oil tanks

The FTSE 100 opened downbeat, as the stronger pound and selling pressures in energy (-0.85%) and mining stocks (-1.22%) continued weighing on investors’ mood in London. The WTI crude hit a 10-month...
Gold

Commodities: The 1st Cut Isn’t The Deepest

Gold lifted by Oil’s collapse as the noise around a deeper OPEC cut intensifies. Oil’s suffering continued overnight with both Brent and WTI finishing over 2 percent lower in the New York...
Oil

Oil remains close to 7-month lows; dollar little changed

As Asian markets are completing their trading day, the dollar index has eased from yesterday’s one-month high but is still close to that level. In the meantime, WTI and Brent crude...
Oil

WTI Crude Stumbles into Bear Market

Oil’s ongoing oversupply woes reached an ear-piercing crescendo during Tuesday’s trading session as WTI Crude plunged into a bear market after growing signs of rising production across the globe. WTI Crude was...
US Dollar

Dollar firms on hawkish Fed speakers; sterling in focus ahead of speeches by BoE...

The US dollar was firmer on the back of hawkish comments from Federal Reserve officials. Sterling held onto Monday’s losses as all eyes turn to the mansion House speeches later by...
Gold

Russia Warning Ignored By Commodities Markets

Russia has warned that U.S. Warplanes over Syria will be considered hostile and is completely ignored by the precious metal and energy markets, which could be bad news for both. Crude Oil Brent...
Brent Oil

Silver Gold And Oil Limp Into Friday

Gold, Silver and Crude are battered and bruised as the week ends with a stronger U.S. Dollar twisting the knife. Crude oil limps into the last day of the week with both...

False Breakout Could Be About to Send Gold Reeling

The past six months have proved relatively positive for gold as the metal has continued to make headway over a cooling U.S. Domestic economy. However, the past few days have proved...
Australian Dollar

Aussie gains on upbeat jobs report; kiwi drops after GDP; greenback steady post-Fed

The US dollar mostly held onto gains made after the Federal Reserve was not as dovish as some had expected and the aussie was one of the best performing major currencies...
Oil

Oil and Gold’s Paths Converge In New York Tonight

Oil and Gold both await different data highlights in tonight’s New York session. CRUDE Crude yet again attempted to pick itself up off the floor overnight only to run into a wall yet...
British Pound

Sterling plunges on political uncertainty after inconclusive UK election result; dollar steady after Comey...

Sterling plunged on political uncertainty after an inconclusive result in the UK general elections that took place on Thursday, with no single party having a clear claim to power. The dollar...
Theresa May

FTSE Higher and Pound Lower, Gold Immune To UK GE Outcome

European futures are trading lower as the FTSE 100 futures show that traders are not reacting too harshly towards the unexpected outcome of the UK general election Theresa May has suffered the...
Europe

Sterling hits 2-week high ahead of UK election; euro steady with focus on ECB;...

Currency markets were showing signs of caution ahead of key risk events later in the day. Risk aversion supported gold and the yen. The euro and sterling held steady while the...
Gold

Gold Reaches a Key Reversal Zone

Gold has proved relatively triumphant over the past few weeks as the precious metal has continued to trade within the relatively safety of a rising channel. However, the metal’s price action...
Trader Stocks

Sentiment mixed before busy Thursday

The European equity markets opened flat to negative on Wednesday, following a quiet trading session in Asia. Investors will certainly remain in wait-and-see mode before Thursday’s busy eco-political agenda including former...
Gold

Aussie jumps on GDP; gold at 1-month high ahead of risk events

The Australian dollar rallied on upbeat GDP data while the greenback steadied after sharp declines this week. Upcoming key risk events tomorrow dampened risk appetite in the markets as investors were...
Brent Oil

Slumpflation and Uncertainty Push Oil and Gold Higher

Trumpflation becomes Slumpflation as political uncertainty sees oil come to its senses and follow gold higher. CRUDE OIL Crude oil prices rose overnight with Brent and WTI finishing some 70 cents higher, offsetting...
FTSE 100 Stocks

Gold up, FTSE down on strong pound

The FTSE 100 opened downbeat on stronger pound. Mining and energy stocks opened flat to positive, although the Qatar isolation and cheaper oil prices keep investors tense and gains fragile. Gold miners...
Japanese Yen

Slight Risk Aversion Seen With Thursday in Mind

European equity markets are expected to open a little lower on Tuesday, in-keeping with the moderate risk aversion that we’ve seen overnight and as traders look ahead to a number of...
Crude Oil

APAC Commodities: Every Rose Has It’s Thorn

A confusing night for commodities as gold trades sideways but oil falls despite a very bullish Crude Inventory Report. Oil traders were left scratching their heads in confusion overnight as the U.S...
Australian Dollar

Aussie swings from gains to losses on Australian retail sales and Chinese data; oil...

The Australian dollar had a choppy session after domestic and Chinese data. The greenback moved higher while oil rebounded from a two-day decline after the API report. The aussie jumped against the...

APAC Commodities: Oil Refuses To Boil As Gold Melts Away

Overnight data fails to spark oil as Gold is starting to possibly look overextended in the short term. Gold Gold’s listless trading continued overnight with a more bearish tone in early Asia trading...
Great British Pound

Politics to continue influencing the Pound’s direction

After suffering its heaviest week of losses so far in 2017, the British Pound is attempting to consolidate around 1.28 against the US Dollar. I personally think that politics will continue to...
Australian Dollar

Aussie weakens after China downgrade; oil rises ahead of OPEC

The aussie reacted negatively to Moody’s downgrade of China’s rating to AA- with a negative outlook from a previous A1, amid concerns over rising debt and slowing economic growth. China is a...
British Pound

Markets mixed as investors tread carefully

The Greenback was under pressure on Tuesday with prices finding comfort near a six-month low against a currency basket as political turmoil in Washington weighed heavily on sentiment. A growing sense of...
Petrochina Oil

Commodities Diverge in Asian Trading

Commodities diverge as Oil settles near its recent highs ahead of tomorrow’s OPEC meeting, while Gold feels the pain of a stronger U.S. Dollar. Crude recovered from its early losses overnight with both...
UK

Sterling briefly impacted by Manchester blast; gold benefits from safe haven flows

Risk appetite was dampened after news of the bomb blast in Manchester that killed more than twenty people late on Monday night. Sterling weakened immediately after the reports, while safe haven...
Gold

Is Gold Really Recovering or will it Correct Lower this Week?

Gold reversed its fortunes somewhat last week, moving higher and ending what has been its worst tranche of losses in a while. As a result, it may be worth taking a closer...
Grest British Pound

An explosive data-packed week lies ahead

Asian equities roared back to life during early trading on Monday after oil’s sharp appreciation boosted global sentiment and rekindled risk appetite. European shares were mostly mixed as investors attempted to look...

Oil and Gold Looking Good In Asia Trading

Both oil and gold present constructive technical pictures mid-session in Asia following their Friday rallies. Crude oil soared over two percent on Friday as rumours swirled that OPEC’s working group the ECB...

LATEST

Oil edges up, but still set for worst first half performance in 20 years

Oil
Oil edged up on Friday, recovering some of the steep falls earlier in the week, but crude...

Oil-linked currencies gain with the commodity’s rise; dollar retreats

Brent Oil
As the Asian trading session is coming to a close, the dollar is modestly down while commodity-linked...

Will Silver be Impacted by Rising Fed Hawkishness?

Silver
Silver has continued to see concerted selling pressure as price action remains trapped within the confines of...

Is the USDJPY Rally Ready to Resume?

Japanese Yen
The Dollar Yen’s resurgence has been moderated over the past few days by the presence of the...

Markets: The Week Ahead 23rd June 2017

Euro
A snapshot view of the calendar for next week and commentary on potential catalyst of data of...
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