On Wednesday gold prices were higher, putting the yellow metal on pace to suspend a three-day losing streak, as the dollar reacted negatively to ADP report...
On Wednesday the greenback was broadly higher against its peers, as it was supported by growing expectations for a U.S. rate hike in the coming months and as investors eyed upcoming U.S. economic data...
On Wednesday the pound dropped to more than one-week lows against the dollar, despite the data indicating that the U.K. manufacturing sector expanded at the fastest rate in eight months in March...
On Wednesday a government survey indicated that factory activity had picked up unexpectedly in March, the news pushed Chinese shares higher...
Gold futures start April with climbing as the dollar declines, but gains were trimmed on expectations that the Federal Reserve is on course to lift interest rates this year...
April is shaping up to be an interesting period for the S&P 500. A host of important long-term cyclical relationships should influence throughout April, but the first few days and last few days of the month look to be especially important...
On Wednesday crude-oil futures were choppy in Asia as markets were eyeing U.S.-Iran nuclear talks and the build-up in U.S. oil supplies. Analysts consider the April-June quarter to be the weakest for the oil...
US DOLLAR TECHNICAL ANALYSIS Prices are attempting to rebuild upside momentum after correcting downward as expected. Near-term resistance is at 12066, the 14.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 12149-77 zone (23.6% level, March 13 high...
In the week through Monday, foreigners were said to have sold a net 1.7 billion yuan ($274 million) of Chinese shares via the Shanghai-Hong Kong exchange link, while outflows from the two biggest Hong Kong exchange-traded funds tracking mainland shares totaled $622 million...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11858-86 area (23.6% Fibonacci retracement, March 18 low) exposes the 38.2% level at 11679...
On Tuesday the greenback was broadly higher against its peers, as growing hopes for a U.S. rate hike continued to underpinned demand for the greenback and as concerns over Greece's ability to secure additional bailout funds dampened risk sentiment...
On Tuesday global stock markets mostly rose, boosted by positive data from major economies and hopes for stimulus in China...
World oil prices will not exceed $60 per barrel ranging within $50-$60, according to a leading economist of the European Bank for Reconstruction and Development (EBRD), Dmitry Gvindadze...
Over the last week both gold and silver were higher before stabilizing on Friday. The Fed induced rally which started on Wednesday March 18th, was probably the “reason” for the optimism in the precious metals complex...
On Tuesday the greenback rose against the euro and the yen, as investors anticipated the most recent U.S. employment report later in the week, and uncertainty over Greece continued to weigh on the single currency...
Crude oil and energy stocks are tricky to navigate in a situation like this where the equities market is nearing a bull market top. It is critical to remember that when the US stock market turns down and starts a bear market virtually all stocks and commodities will fall in value...
Why are interest rates so low? (Ben S...
Since the beginning of January 2014 stocks have shown signs of institutional selling. This can be seen in the small capitalization stocks index the Russell 2000. This group of stocks generally leads the S&P 500. The chart posted below shows some of my analysis of the SP500 index...
23 - is apparently one of the most powerful forces in China’s $6.4 trillion equity market today...
