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Commodities: Gas Oil - Closing In On Our Target of 870/869

9:47am yesterday

Gasoil hit profit taking breaking 875.65/25 as we close in on our target of 870/869. This could be a buying opportunity so maybe exit shorts & try longs with stops below 866.50. A break lower& »

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Commodities: Natural Gas Breaks Above 4.097

21/05/2013 09:00

Natural Gas did break above 4.097 to take us up towards 4.163. We did struggle in this area & make a high for the day exactly as predicted but if we push on today we could reach 4.230/250. We ar »

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Metals Update: Aluminium Made It Through 1860

21/05/2013 09:00

Aluminium has been quite directionless but made it through 1860. We then struggled at Friday’s high of 1866. If we make it higher today we run in to resistance at 1885 & again at 1895. Thi »

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Commodities: Brent Crude Made High As Expected

21/05/2013 08:04

Brent Crude did push on for 105.31 & made a high for a high for the day exactly here as predicted. We are overbought now & should see some profit taking after 4 days of gains but if we continue »

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Commodities: Gold- What Next?

20/05/2013 07:17

Gold came lower as we knew it would..now what questions Carol Harmer, Charmercharts.com We are now entering the target zone of 1335/25 and I do think we will see Gold bounce from here. On the we »

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Gold Reacting Well

10/05/2013 09:21

Gold reacted well and down we came to 1453. now we have not yet come down to our 1445 target, but there is still la case for a lower Gold market especially as our technical indicators are st »

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COMMODITIES: Gold Bugs, Back From the Dead?

30/04/2013 14:00

  • Expected ECB Rate Cut
  • Optimism Not Uncalled For In Italy
  • Gold Bugs Are Back From the Dead

Lior Alkalay, gives us his views on why Gold will always be a sure thing. Expected ECB Rate Cut Investors are worried, there’s no doubt about it, especially as the week draws to a climax »

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COMMODITIES UPDATE: Gold

29/04/2013 11:02

On Friday Gold prices traded lower by 0.25% against the USD in the period ending 21:00GMT, at 1462.09 per ounce, as investor indulged in profit booking reports GCI Financial.  Over the weekend, »

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Commodities Update: Zinc

26/04/2013 07:14

Zinc continued higher as hoped to reach our 1933/37 target & carried on but could not reach1961. We have closed below 1933/37 as we look very over bought in the short term so there is arisk of a drift »

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Commodities Update:Gold

25/04/2013 07:44

Spot Gold edged back up to 1428/34 & has pushed higher towards 1450. The outlook is morepositive if we hold above 1434 & if we make it through 1450 today look for 1469/70, possibly amove as far as 150 »

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Commodities:Spot Gold

23/04/2013 07:59

Spot Gold beat resistance at 1391/1401 to hit our next target of 1428/34. We did expect a highfor the bounce here to try shorts with stops on shorts needed above 1450. So far we have toppedat 1439 so »

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Metals Update: Lead

23/04/2013 06:48

Lead tested & held Oct lows at 1979 last week & we made it to our target of 2046/47 yesterday.  We expected to hit sellers here & top out for the day & as predicted the high was 2045. That lo »

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Aluminium Forecast

22/04/2013 08:13

Aluminium last week pierced the 3 year trend line at 1827 but bounced quickly from 1818 & weexpected this to mark the low for the 2 month sell off. We could see some weakness at the startof this week »

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Golden Opportunities - After The Bubble Has Burst

19/04/2013 12:14

This is our third release from The Real Asset Report. Here we take a look at how, despite calls that the gold bubble is finished, the whole world is still talking about buying gold, says Jan Skoyles. »

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TECHNICAL ANALYSIS: Oil Roundup - 17.04.13

17/04/2013 08:12

WTI Crude collapsed all the way to 86.12 where we predicted a low for the heavy losses experienced in April. We made it to our 88.83 target & as expected we could not improve on this level. However fu »

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Gold Prices Plummet - What Can We Expect Today?

16/04/2013 09:15

Gold prices touched a two-year low yesterday, as downbeat data from the US and China reinvigorated fears of a global growth slowdown. Gold fell 8.5 percent and silver was down 14.5 percent as th »

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TECHNICAL ANALYSIS: Oil Roundup - 15.04.13

15/04/2013 10:15

WTI Crude (chart left) outlook remains weak as stated on Friday but we fell a lot further than expected. 88.85 is a good weekly support level so this is the last hope for bulls at this stage. Bel »

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TECHNICAL ANALYSIS: Copper - Short Term Outlook Brightening

09/04/2013 10:46

Copper has been in a 9 week down trend but hit good 10 month trend line support last week at 330.37. We are now above 336.59 which keeps the short term outlook more positive as we close in on the tar »

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Gold Responding To 'Healthier' Economy

09/04/2013 10:01

Last week gold contracted for the 8th week in a row, a performance not seen since 2004. The minutes from the latest FOMC meeting will be released this week. Last month they announced plans to continu »

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TECHNICAL ANALYSIS: Brent Crude - Facing Resistance At 105.38

09/04/2013 07:01

Brent Crude headed higher as predicted to hit 105.32/55 where we expected a high for the day & we topped at exactly 105.55. We then tumbled back to solid support at 103.84/74 for a secon chance to buy »

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Gold: Up Or Down? Three Reasons For Both

08/04/2013 09:17

What does gold want at the moment? It seems since the Cyprus bail-in was decided it has been unimpressed by most goings on. Even the significant yet disappointing US data releases this week have »

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TECHNICAL ANALYSIS: Oil Roundup - 03.04.13

03/04/2013 11:23

WTI Crude (see chart left) hit strong 6 month trend line resistance at 97.35 to fall back very quickly once again. The market could have topped out now after the 1 month rally and we look for 96. »

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Silver On The Wane As Markets Eye Non-Farms

02/04/2013 14:26

Silver prices can currently be seen challenging support at 27.618 after a morning of declines. Earlier today, the precious metal broke through a key line of support at 27.96, the low from March 1st. »

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Gold Waits For US Jobs Data

02/04/2013 13:25

Gold recovered to above $1,600 yesterday as weaker than expected US manufacturing data disappointed hopes of a strong US recovery. Gold’s safe-haven status was given a boost as North Korea cont »

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TECHNICAL ANALYSIS: Oil Roundup - 02.04.13

02/04/2013 11:58

Brent Crude formed a bullish inverse head & shoulders as hoped & we made it all the way to our measured target of 111.20/50 (see chart left). We suggested to exit all longs here & try shorts with a st »

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Morning Forex Review: Swiss Show Off Their Gold

26/03/2013 06:32

'Despite rumours of an international bailout for Cyprus in the early hours of yesterday morning, gold continued to climb.' Today's forex review is brought to you by Jan Skoyles, head of research at Th »

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TECHNICAL ANALYSIS: Natural Gas - Buying Opportunities Ahead

21/03/2013 07:51

Natural Gas has struggled at 3.965-3.976 for the past 3 days. We had warned the market should run out of momentum here but we do need a stop loss on shorts above 4.050 for 4.413/414 as the next upside »

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TECHNICAL ANALYSIS: WTI Crude Prices Likely To Come Under Pressure Today

20/03/2013 08:53

WTI Crude tried to break 93.72/94 resistance but topped at 94.09 & fell all the way back to support at 92.18 bottoming out just below at 92.09. This marks the end of the bounce off the trend&nbsp »

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THAT Bailout And Why It Is Good For Buying Gold

18/03/2013 14:10

So, not much to discuss today…apart from that bailout, which was, to say the least, a little controversial, writes Jan Skoyles (pictured). The unfortunate position in which Cypriots now find t »

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Are You Ready For The Big Rotation?

15/03/2013 16:13

It’s been in the air for a while now, the big rotation - what investors like to call the process of switching bonds in favour of equities as interest rates go higher while the economy recovers. »

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Crude Oil: Oil Fell On Rising US Oil Inventories

14/03/2013 11:38

Crude Oil prices declined 0.22% against the USD for the 24 hour period ending 23:00GMT, closing at 92.39, after the EIA posted a larger-than-expected rise in crude oil stock piles. Yesterday, the US E »

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Gold Due For a Turnaround?

11/03/2013 12:23

Last week gold finished Friday posting a small gain for not only the day but the week as well. Many bears saw the jobs data on Friday as a clear sign that the show was over for gold. For a few mo »

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Some Banks Play Pretend, Others Buy Gold

08/03/2013 09:19

Head of research at The Real Asset Company, Jan Skoyles (pictured), rounds up Thursday’s central bank action and considers the impact on gold prices. Gold futures rose early Thursday, thanks to »

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Gold Hangs On For Central Bank Cues

04/03/2013 14:04

This week will be all about PMI data releases and central bank meetings. The prospect of the central bank meetings will see gold swing back and forth a bit, as speculation switches between further sti »

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TECHNICAL ANALYSIS: Oil Roundup 04.03.13

04/03/2013 10:02

Brent continued lower to hit trend line support at 109.81 & we bottomed exactly here. We arenow severely over sold on daily & shorter term charts so we are looking for a bounce today backup to 110.76 »

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Gold Rebounds On Weak Global Picture

04/03/2013 09:34

Gold found renewed strength Monday morning, bouncing off a one-week low hit at the end of last week as economic data signalled that injections of central bank stimulus are likely to be maintained »

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PODCAST: Can Investors Still Trust Central Banks?

01/03/2013 15:54

Regular visitors to the site will recognise Jan Skoyles as an authority on the subject of precious metals, gold in particular. In a recent article, Skoyles explained why central banks are saying&nbsp »

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Crude Oil Takes A Hit On Downbeat Chinese PMI

01/03/2013 08:22

Crude Oil prices declined 1.28 percent against the USD for the 24 hour period ending 23:00GMT, closing at 91.80, as investor sentiment dented after the US fourth-quarter gross domestic product came in »

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Five Mistakes To Avoid When 'Getting Into Gold'

28/02/2013 10:13

This last week has seen gold drop below $1,600 and bounce back up again. Discussions of currency wars, negative interest rates and increasing uncertainties in Europe mean many are looking for a safe-h »

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Central Bankers Say 'Screw You' To Savers

27/02/2013 13:22

Gold is currently holding close to a 1 ½ year high having reached it yesterday following political uncertainties in Italy and Bernanke’s testimony. Yesterday saw the best performance of »

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TECHNICAL ANALYSIS: Spot Gold Has Fallen Back

27/02/2013 11:33

Spot Gold has fallen back after breaking the 1612 resistance & testing last week’s high at 1619.We are looking for a move below 1604 now for 1595 where we find good support as we unwindfrom a sh »

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Should You Be Investing In Gold?

21/02/2013 14:36

Jan Skoyles looks at the increasing politicization of central banks. If something which is supposed to be independent is becoming increasingly less so, who can we trust to protect the value of our cur »

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Crude Oil: Major Sell Off As Fed Considers QE Reduction

21/02/2013 10:30

  • Crude Continues To Plummet
  • Cause Of Sell-Off Remains Unclear
  • Crude At $93.78 Per Barrel

The price of oil declined rapidly yesterday and has continued its downward movement into today following the news of a possible reduction in the Fed's programme of QE.  On Wednesday morning the »

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TECHNICAL ANALYSIS: Oil Roundup - 21.02.13

21/02/2013 09:20

WTI Crude Oil hit our expected high at 96.90/97.00 for the March contract as we sold in to shorts. We have been building a topping pattern for 3 weeks now & yesterday we broke the base of this pattern »

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TECHNICAL ANALYSIS: Oil Roundup - 20.02.13

20/02/2013 12:06

WTI Crude Oil did hold just above 95.06/94.97 & headed higher as predicted. We expected a high at 96.90/97.00 and have so far topped out at 96.81. As stated yesterday, we are looking to sell in to sho »

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Gold Heading For Further Lows?

19/02/2013 16:23

Today gold is holding steady around $1,611, supported by renewed buying interest from China. Weak buying and a firm dollar however have meant the gold price has lacked support to go higher. Demand fr »

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Gold Grinds Higher On Chinese Bargain-Hunting

19/02/2013 10:01

  • Gold Up 0.14 Percent As Chinese Return From Holiday
  • Fillip Should Be Short-Lived
  • Investors Eye US Data

Gold prices continued to inch up Tuesday, spurred on by strong physical demand overnight in Asia as traders returned from a week-long break following new year celebrations. On returning to their trad »

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Oil Forecast: 18th February 2013

18/02/2013 09:45

WTI Crude Oil was predicted to sell off on Friday & we saw sharp losses for a retest of Feb lowsat 95.06/94.97. We bounced just above here & with short term oscillators flashing over sold wecould hold »

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TECHNICAL ANALYSIS: Oil Roundup - 14.02.13

14/02/2013 12:22

WTI Crude Oil went for a retest of 98.15/25 highs where we expected prices to top out with over bought indicators flashing in the short term & a bearish divergence on the daily chart. The high was 98. »

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The Parallels Between Love And Gold: A Valentine's Day Report

14/02/2013 11:41

With both the price of gold rising and Valentine’s Day on the way, Jan Skoyles looks at the economics behind love and gold investment, and finds they’re not all that different.  Gold »

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TECHNICAL ANALYSIS: Oil Roundup - 13.02.13

13/02/2013 11:22

WTI Crude Oil caught us out with a break above 96.90/97.10 resistance. We reached the next target of 97.50 and are pushing on for a retest of 98.15/25 highs. Here we should top out with over bought in »

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TECHNICAL ANALYSIS: Gold - Get Set For Profit-Taking

13/02/2013 10:57

Spot Gold dipped below 1643/42 but only to 1639 before recovering. If we can now hold above 1649 we should push on to 1656/57 resistance. We could top out here so worth taking profit on lon »

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Gold Painting a Weak Technical Picture

06/02/2013 10:32

  • Precious Metals Strengthen On EZ Fears
  • Profit-Taking, Technicals Undermining Any Rally
  • Supports/Resistances – GCI Finanical

Gold prices continued heading south in morning trading on Wednesday, prolonging a decline from yesterday’s peak above the $1,681 mark. Further concerns over the fate of the euro zone, spur »

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Technical Analysis: Oil Roundup – 05.02.13

05/02/2013 08:52

WTI Crude Oil headed lower as expected to test support at 96.21/10 and a good buying opportunity but we did dip a little further to 95.89 before a small bounce. The outlook remains weak for today so a »

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Oil Buoyed By Positive US Consumer Sentiment

04/02/2013 09:31

On Friday, Crude Oil prices advanced marginally against the USD for the 24 hour period ending 24:00GMT, closing at 97.61, on the back of upbeat US consumer sentiment and manufacturing data. In the US »

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What Next For Gold?

31/01/2013 12:23

  • Gold ‘Pop-Up’ Is No Rally – Analysts Warn
  • Price Drops From One-Week High
  • Payrolls Data Weighs Heavy

Gold staged an impressive run up charts Wednesday, gaining momentum after the Federal Reserve left in place its gold-supportive bond-buying stimulus plan. But analysts are now warning that the initia »

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Technical Oil Roundup – 30.1.13

30/01/2013 09:39

WTI Crude Oil finally broke resistance at 96.80/92 after trying for 4 days, to keep the 6 month bull running to our next target of 97.75/95. We did in fact top out exactly here at 97.82. This is very »

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Technical Oil Roundup – 29.1.13

29/01/2013 09:30

  • WTI Crude To Fall Lower After Yesterday's Drop
  • Brent Crude - Eyes On For Buying Opps
  • Support/Resistance On FX Trading Platforms

WTI Crude Oil hit resistance at 96.80/92 to offer a selling opportunity as hoped and we fell back to our first support and downside target of 95.45/40 where we expected a bounce and indeed the low was »

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TECHNICAL ANALYSIS: Brent And WTI Crude Daily Forecasts

28/01/2013 10:26

Brent Crude March Brent Crude (see chart left) has support at 113.04 today but below here 112.55/49 should provide a good buying opportunity as we look for a low for the day. However stops on longs n »

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Are Gold & Silver Prepared To Fall?

28/01/2013 08:35

Over the past few months the metals have very subtly weakened throughout the market. Gold has moved from near $1800 to its current price of approximately $1660, almost without notice. Silver has done »

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TECHNICAL ANALYSIS: Brent Set For Dip To 111.55?

25/01/2013 10:11

March Brent Crude held on just above 112.28/15 support and then pushed through 112.90/113.29, nicely hitting our next target of 113.58/63 and in fact topped out almost exactly here at 113.65. Support »

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Can Gold Win The Currency War?

24/01/2013 15:47

Since a little over a year ago, soaring gold prices have had the investment community captivated. With FX players and analysts raising targets by the day, the markets have been gripped by 'gold mania' »

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Brent Prices Remain In Pressure Cooker

21/01/2013 09:53

  • Brent Finishes Higher 5/6 Past Weeks
  • Algerian And The New ‘Fear Factor’
  • Energy Agency Spark Fresh Supply Concerns

Brent crude prices opened lower Monday morning, as profit-takers acted on the commodity’s fifth finish higher in six weeks. Currently trading at 110.61 on charts, the commodity benefitted from »

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Gold Strengthens; Faces Profit-Taking

18/01/2013 14:41

  • Gold On Track For More Weekly Gains
  • China Paves A Yellow Brick Road
  • US Data Weighs Heavy

Gold prices strengthened further on Friday as investors took courage from Chinese growth figures published earlier in the day and solid housing and jobs data from the US. Official figures showed »

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TECHNICAL ANALYSIS: WTI Crude Targets 96.17

18/01/2013 11:18

WTI Crude unexpectedly managed to break through 94.65/95 as we bought back in to longs looking for the next target at 96.17. We got pretty close as we topped at 96.04 and then fell back towards the 9 »

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Gold Shines On Global Cues

16/01/2013 10:33

  • Gold Remains Near 2-Week High
  • Fed Chairman Glosses Over End-Of-QE Claims
  • Strong Euro, Japan Easing Expectations Keep Hard Assets Buoyed

Gold futures remained hiked in early trading Wednesday - close to two-week highs hit earlier in the week as sentiment on hard assets such as gold remained buoyed. Gold was trading at $1, 678 at the t »

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Gold Shines Ahead Of Bernanke Speech

14/01/2013 17:03

  • Gold Buoyed By Bernanke; Global Easing Attitudes
  • Japan Targets New Inflation High
  • Analysts Bullish On Gold

Gold continued to climb commodities charts Monday, mirroring gains made by the currency markets off the back of euro zone optimism and ahead of a speech by Fed chairman Ben Bernanke. Trading at 1.667 »

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Oil Prices On Track For Weekly Gains; Chinese Inflation Takes Toll

11/01/2013 10:36

  • Crude And Brent Struck By Chinese Inflation Concerns
  • Profit-Taking After Strong Week Also To Blame
  • Supply Issues Maintain Support

Oil prices lost some ground Friday morning on the news that Chinese inflation accelerated to a seven-month high in December, despite making a solid ascent up commodity charts in throughout the we »

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Gold: Deutsche Bank Joins Growing Number Of Banks Slashing Forecasts

08/01/2013 10:28

  • 2013 Outlook Reduced By 12.1 Percent – Deutsche Bank
  • US Dollar Set To Strengthen On Global Uncertainty
  • Credit Suisse, HSBC Reduce Forecasts

One of the world’s leading financial services providers, Deutsche Bank, has joined a growing number of banks in slashing gold forecasts for 2013. The bank reduced its average gold price forecas »

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Crude Slides As Risk Aversion Dominates

07/01/2013 11:30

  • Crude Sent Below $93 Monday
  • Profit-Taking After Last Week’s Rally Also Blamed
  • Resistance At $93.56, Support At $91.84

Crude oil prices were sent below $93 on Monday morning, as traders took profits after last week’s rally and risk aversion took hold of the markets. Having hit a low at $92.77, the commodity - k »

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Gold Analysis 28th Dec – Year End Flows Weighing – Price Holding Above Key Technical Level

28/12/2012 09:23

The price of gold (XAU/USD) has been oscillating around the $1660 per ounce level over the last few trading sessions – unable to exceed this week’s high during trading »

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Oil Buoyed By Fiscal Cliff Hope…But Watch That Space

27/12/2012 11:18

  • Oil Up On Fiscal Cliff Promise
  • Markets Pricing In A Last Minute Solution
  • Resistance At $92.77 - GCI Financial

As we move away from the festivity of the holiday season and try to stare 2013 square in the face, the US’ unresolved fiscal cliff is still what blocks our view. The spotlight remains firmly on »

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Gold Hits Session Low As Euro Reigns Supreme

19/12/2012 15:54

  • Gold Up 0.7 Percent Since Yesterday Close
  • Investors Picking Euro Over Traditional Safe Havens
  • Analysts Eye Six-Month Lows

Precious metal prices continued to suffer Wednesday, as traders flocked to the euro as the safe haven of choice and left the likes of the USD and gold trembling in its wake. The yellow brick hit a se »

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Gold Breaks $1700 But Will The Shine Last?

18/12/2012 10:54

  • Gold Breaks Key Resistance
  • Policymakers Edging Near A Fiscal Solution?
  • Support 1691.71, Resistance 1707.75 – GCI Financial

Gold prices moved higher Tuesday, breaking key resistance at $1700 by the merest whisker in early morning trading. The precious metal had been hovering around the key level since late yesterday, with »

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Crude Oil Up On Eastern Promise

17/12/2012 10:15

  • Crude Up 0.21 Percent
  • Eyes STILL On The Fiscal Cliff
  • Resistance At 87.44/ Support 86.24

Crude oil prices strengthened Monday morning, kicking off the final countdown to the festive holidays with a bang. Light sweet crude for January delivery was one of the biggest gainers, notching up a »

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Brent Slips To $109 – Bears In The Driving Seat

13/12/2012 12:34

  • Brent Loses 40 Cents On Fiscal Cliff/Stockpile Concerns
  • Stalemate In Washington Drags On Sentiment
  • Leading Agencies Bearish On Oil In 2013

Brent crude slipped lower Thursday, hitting $109 per barrel on news of rising US stockpiles and ongoing concerns over the lack of a fiscal cliff deal. The uncertainty over whether the world’s l »

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Oil Trading At Channel Support – Price Action Analysis Update – 10th December

10/12/2012 11:00

CL, Jan13 (Light Sweet Crude Oil) is trading near channel support lows, following the recent pinbar price action rejection from range resistance and the psychological 90.00&nb »

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Gold: Declining Towards Support At $1673 – MIG Bank

06/12/2012 11:40

ForexSpace.com (LONDON) – Gold continued to blaze a bearish track down commodities charts Thursday, responding to a slightly stronger dollar and ahead of a meeting of the European Central Bank. »

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Gold Bounces On Bargain-Hunting Activity

05/12/2012 11:42

  • Gold Boosted By Bargain-Hunters
  • Breaks Back Above $1700
  • Bullish Forecasts Remain In Place As Uncertainty Continue

Gold prices recovered slightly Wednesday, nudging higher after hard selling the previous day which was prompted by an apparent stalemate in fiscal cliff aversion talks in Washington. The precious met »

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Oil Takes A Dive On Fiscal Cliff Angst

04/12/2012 12:13

  • Oil Hits $88.88 Late In Asian Session
  • Middle East Tension Lends Support
  • Global Fiscal Cliff Impact Weighs Heavy

Concerns over the fate of the US manufacturing sector, spurred on by disappointing data Monday, have succeeded in dragging on the price of oil and dampening hopes for a manufacturing-led recovery in t »

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Oil Slides Higher On Bullish Growth Outlook

03/12/2012 12:17

  • China PMI Boosts Price Per Barrel
  • Middle East Tensions Provide Underlying Support
  • Fiscal Cliff: Help Or Hindrance?

We may only be three days into our advent calendars, with the daily dose of chocolate yet to take its toll on our otherwise svelte frames, but already December is making a significant impact on the pr »

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Gold Nudges Slightly Higher - On Track For Huge Weekly Drop

30/11/2012 10:47

  • Gold Up From Wednesday Low Of $1, 705.64
  • Analysts Attribute Gains To Dollar Weakness
  • Silver, Other Metals Follow The Yellow Brick Road

Gold may have regained something of its former shimmer this morning, notching up small gains as the dollar tracked lower against a basket of currencies, but the precious metal is still on track for it »

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Gold Dive-Bombs On Plummeting Risk Appetite

28/11/2012 16:14

  • Gold At $1710 Per Ounce
  • Erratic Progress On Dollar, Yen Strength
  • Bullish Year-End Forecasts On Fiscal Cliff Concern

Gold has, in the words of respected FX commentator John Hardy of Saxo Bank, “gone a bit mental”. After breaking higher on the anticipation that Greece’s woes were to be solved by an »

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Crude Approaches One-Week Low As US Concerns Weigh Heavy

28/11/2012 10:19

  • Crude Oil At $86.95 As US Discussion Stalls
  • Commodities Edge Lower On Global Growth Concerns
  • Crude Support Expected At $86.63, $86.03

Crude oil edged closer to a one-week low in the early hours of the European session Wednesday as disappointing progress towards striking a US fiscal deal weighed on riskier assets. On the New Yo »

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Gold Dulls But Bulls Still Have The Upper Hand

26/11/2012 12:30

  • Gold Corrects From Friday Rally
  • Analysts Remain Bullish - $1800 Year End?
  • Eyes On Tough Resistance At 1791/1803 – MIG Bank

As investors the world over hold their collective breath for news from Brussels, some analysts are turning their attention to the prospects for gold...and they like what they see. The precious metal »

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Loonie Slips On Risk Aversion And Retail Sales

23/11/2012 10:24

  • Loonie Slips 0.14 Percent Against The USD
  • CAD Support At 0.9942
  • CPI Data Eyed For Growth Indication

As a fresh bout of risk aversion grips investors, largely courtesy of the deadlock currently facing the European Commission’s budgetary negotiations, the Canadian dollar has slipped down currenc »

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Oil Dips Below $111 On Gaza Cease-Fire

22/11/2012 14:36

  • Traders Question How Long Peace Can Last
  • General Disquiet Underlines Prices
  • US Positivity Lends Support

Aside from the terrible loss of life already incurred by the ongoing conflict in Gaza, the bouts of violence have also had a profound effect on the price of oil in the global marketplace. After findi »

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Oil Slips On Greece...And Over A Cliff

12/11/2012 15:17

  • Greek Bailout Meeting Concerns Weigh
  • US Fiscal Cliff Looms
  • China Limits Losses

A weighty combination of US fiscal concerns and a growing sense of unease over Greece’s plan to secure a bailout served to squashed oil prices during US morning trade Monday. On the New York Me »

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Aussie Flies; Analysts Question December Rate Cut

08/11/2012 10:04

  • October Jobs Report Beats Expectation
  • Risk Sentiment Dominates FX Trading Platforms
  • Aussie Rate Cut In Question

The Australian dollar found support Thursday thanks to a double-whammy of better-than-expected employment data for the month of October and the voting through of austerity measures in debt-laden Greec »

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Gold Gains; Shine Under Scrutiny

31/10/2012 12:23

  • Gold At $1721.44 From Tuesday’s $1708.40
  • US Risk Events Keep Investors On Edge
  • Election Prospects For Bullion

Amid the murky goings-on of another All Hallows’ Eve, not to mention the devastation reigning in the US, gold is making shining progress up commodities charts. Now hovering around $1721.44 havi »

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Oil Drops AsUS East Coast Grinds To Halt

29/10/2012 17:04

  • Oil Drops Below $86 In Electronic Trading
  • Hurrican Sandy Brings New York To Its Knees
  • Crude Set For Further Falls

Oil dropped below $86 a barrel Monday as hurricane Sandy began making her devastating way along the east coast of America and investors speculated over reduced energy consumption. Light sweet crude f »

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Gold Regains Ground – But For How Long?

25/10/2012 16:11

  • Gold Higher On US, BOJ Prospects
  • Dollar Softer
  • Analysts Advise Caution

Gold continued to inch higher Thursday, basking in the glow of an FOMC meeting which showed further support for the US’ MBS purchase programme and kept interest rates low. Spot gold was up 0.8 »

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Loonie Surges As Commodities Rise

18/10/2012 15:17

  • China Data Lifts The Loonie
  • Commodity Currencies Are Good Indicators
  • CAD Registers Biggest One-Day Gain Since June

In the wake of Chinese data suggesting the Asian Tiger is looking likely to have hit the bottom of a seven-quarter long economic downturn between July and September, a resource-linked currency such as »

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Crude Takes Losses As China Outlook Quietens

15/10/2012 11:27

  • November Crude Down 0.3 Percent
  • Exports Up; Inflation Hits Forecasts
  • Aussie Reacts

After clocking up a week of gains thanks to spiralling Middle East supply concerns, crude oil futures dropped during morning European trade. The decline was prompted by renewed scepticism over the he »

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Oil Gains On Jobs Data; Middle East Concerns

11/10/2012 17:15

  • November Crude Up 1 Percent
  • First-Time Jobless Claims Down 30k
  • Syria-Turkey Tension Provides Solid Support

Oil advanced Thursday, spurred on by the news that the fewest number of Americans in four years had filed first-time applications for unemployment benefits and concern over tensions in the Middle East »

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Aussie Declines Further As Trade Deficit Widens

03/10/2012 14:39

  • Budget Deficit Over $2 Billion
  • RBA May Cut Rates Again
  • China Situation Not Helping

The Australian dollar has continued its decline against most of its major currency peers this morning as the nation’s trade  deficit gap widened to its lowest level since 2008. T »

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Aussie Rebounds On Eastern Promise

27/09/2012 11:11

  • Aussie Up To 1.0419 From 1.0329
  • China Supports Export Optimism
  • Markets Unnerved By European Discontent

Forex traders with their eye out for Aussie strength will be relieved to see that the currency rebounded from a two-week low against the dollar overnight. The AUD dropped to a low of 1.0329 agai »

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Commodities Hit The Rocks On Growth Concerns

25/09/2012 10:35

  • German Business Confidence Down For Fifth Month
  • Gold Retreats From 7-Month High
  • Outlook Unclear

The best efforts of central banks across the globe have done little to affect the mood of investors, whose lingering concerns over global growth caused a drop in commodity prices late Monday. The fre »

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The Impact Of Quantitative Easing On Gold Prices

19/09/2012 11:08

The dwindling confidence in the US dollar, will be amplified by a new round of quantitative easing which should trigger a new increase in gold prices. John Greener, editor of TradeBinaryOptions.org, s »

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Getting Bullish On Bullion

18/09/2012 16:55

  • Gold Hovers Just Above $1770
  • Minor Retracements ‘No Big Deal’ Say Traders
  • Bank Of America Ups 2014 Forecast

On a turbulent day for commodities traders, with the fallout from yesterday’s shock oil price plunge continuing to cause confusion and concern, gold continues to shine as a beacon of stability. »

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A Slippery Situation?

18/09/2012 10:13

  • Oil Prices Plunge $4
  • Traders And Analysts Scratch Their Heads
  • CFTC To Investigate

After trudging through an extraordinarily quiet Monday – unless you were holed up in the centre of Madrid, of course – forex traders have nonetheless been left scratching their heads over »

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Gold Gains On Easing Promise

14/09/2012 12:09

  • Bullion Hits $1,768.44
  • Growth Prospects Fuel Commodity Gains
  • Riding The Rest Of The QE Wave - Kathleen Brooks

Gold prices have extended gains made yesterday in the moments after the US Federal Reserve announced that a further round of accommodative measures would be put in place to boost growth and jostle the »

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Japanese Data Spurs On Yen Prospects

13/09/2012 09:50

  • Analysts Eye Japanese Economy For More Clues
  • Asian Markets Rally On Easing Hopes
  • USD/JPY Continues Downward Streak

Japan’s core private-sector machinery orders increased to a seasonally adjusted 4.6 percent in July, data from the Japanese government showed Wednesday. The figure represents the second consecu »

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Gold Glistens At Six-Month High

12/09/2012 15:59

  • Gold Hits $1746 per ounce
  • ECB Plan Boosts Global Sentiment
  • Fed Easing Prospects Eyed

Gold prices rallied to their highest point for six months on Wednesday, buoyed by the news that the German Constitutional Court had approved the creation of a permanent euro zone bailout fund. Pr »

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Crude Climbs On Dovish QE3 Vibes

11/09/2012 16:43

  • Crude Oil Hits $97.06 A Barrel
  • US Inventory Data Looms
  • Investors Eye Fed Meeting

Crude oil prices climbed Tuesday as investors continued to speculate over whether the Fed would add further easing measures in a bid to boost growth. The commodity also advanced ahead of inventory dat »

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South African Rand Set For Fall?

11/09/2012 14:48

  • Mining Unrest Spreads
  • Rand Set To Come Under Pressure
  • Investors Eye ECB For Next Cues

The US and euro zone may be grabbing the majority of headlines this week, with investors on tenterhooks as they ‘quanticipate’ the Federal Reserve’s next move. But for investors with »

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Gold Shines On QE3 Hopes

07/09/2012 16:58

  • Downbeat Jobs Data Weighs Heavy
  • Gold Break $1700
  • Analysts Remain Bullish On Bullion

Gold continued to make steady gains in the wake of disappointing jobs data from the US which ensured that the prospect of QE remained firmly on the table. Investors watched as gold prices rose to the »

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Cable Strengthening

07/09/2012 16:53

  • GBP/USD Edges Above1.6020
  • Sterling Remains Un-phased By UK Industrial Output Upturn
  • Fed FMOC Now Eyed

Forex traders saw the GBP hit a three-and-a-half-month high against the dollar today, tracking gains in the euro against the safe-haven greenback in the wake of Draghi’s plan to lower soaring eu »

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Oil Advances On Upbeat NFP Hopes

07/09/2012 13:19

  • Oil At $95.72
  • NFP Estimates Revised Upward
  • Oil Prices Likely To Face Cap, Analysts Warn

Crude oil futures continued to flourish ahead of today’s nonfarm payrolls data. Contrary to forecasts earlier in the week, the number of jobs added to the economy in August is expected to c »

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Asian Markets Rally On ECB Promise

07/09/2012 11:14

  • Draghi Renews Euro Vow
  • Asian Stocks Soar
  • Analysts Bullish On Short-Term Prospects

Following European President Mario Draghi’s decision to renew his vow to save the single currency, markets across the globe received a boost. Aside from the immediate benefit to EU countries in »

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Gold Hits Half-Year High On ECB Promise

06/09/2012 15:35

  • Bullion Hits Six-Month High
  • Stock Markets Rally
  • Analysts Eye $1900 For Q3

Gold prices leaped to six-month highs Thursday, clinging onto gains made before the European Central Bank (ECB) announced its decision to keep interest rates on hold. Gold, which generally moves in o »

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Oil Slips On Widespread Concern

05/09/2012 12:04

  • Oil Hits $114 A Barrel
  • ECB Hopes Waning
  • US Manufacturing, Supply Changes Game

Oil slipped to $114 a barrel Wednesday on worries over economic growth and whether the European Central Bank (ECB) will deliver on its promise to ‘do whatever it takes’ to save the euro co »

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Copper Latest Commodity To Rally On Easing Hopes

03/09/2012 16:43

  • Chinese PMI, Manufacturing Data Disappoints
  • Investors Eye Further Easing From Beijing
  • Economists Warn Over Unsustainable Commodity Price Rallies

Talk of looming easing measures continued to dominate trading Monday, but this time it was China’s economy under the microscope. Worries over the potential for the Chinese economy to flourish am »

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Oil Futures Up On QE3 Optimism

30/08/2012 15:17

  • October Delivery Futures Up $113
  • Sentiment Continues To Fluctuate
  • Mixed US Data Offers Few Clues

Oil futures rose by over $113 a barrel on the eve of a speech by US Federal Reserve chairman Benjamin Bernanke. The speech, to be made at the Jackson Hole conference Friday, will be scoured by invest »

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Oil Drops On Isaac Reality

29/08/2012 12:04

  • Oil Prices Down From Weekly High
  • Storm Isaac Damage Limited
  • IEA On Stand-By

As the tropical storm clouds of Isaac gathered along the Gulf Coast, the price of oil soared before the impending natural disaster had so much as scratched refineries. Come Tuesday, the anticipated d »

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In Out – Shake It All About

28/08/2012 13:26

  • Draghi Digs Himself Out Of The Hole
  • Gold And Copper Rally Hand-In-Hand
  • QE – Que?

Attracting more attention than Prince Harry’s regal naked bottom this week – certainly for traders of currency and commodity – is the Jackson Hole conference on Friday.  Not lea »

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A Silver Lining For Precious Metals?

22/08/2012 16:26

  • Gold Prices Flatten Ahead Of Fed Data
  • Palladium Strike Fear Pushes Precious Prices
  • Barratt’s Bulletin Analysts Bullish On Silver

As the markets await word on the state of play from across the pond via the release of FOMC minute due out later this evening, we shine a light on the prospects for precious metals. Gold Eyed Ahead o »

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Copper Bottoms On Japanese Data; ECB Fears

22/08/2012 11:53

  • Copper Retreats With Global Stocks
  • Japan Deficit Posts At Over 500bn
  • ECB Faith Wanes

Accompanied by stocks the world over, copper retreated in the face of Japan’s broadening trade deficit. The metal fell 0.4 percent to $7,578 a metric ton on the London Metal Exchange in the wak »

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U.S. Recovery Back On Track?

09/08/2012 15:23

  • U.S. Recovery Shows Promise
  • Jobless Claims Down by 6k
  • Trade Deficit Hits Record Low

On the fifth anniversary of a credit crisis that has brought some of the world’s largest economies to their knees, the U.S. has posted some promising signs of life. According to reports from th »

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Bullish Oil Outlook; Buy In Dips – Commerzbank Analysts Advise

09/08/2012 13:04

  • Chinese Stimulus Hopes Bolsters Prices
  • Output Concerns Linger
  • Bullish Outlook From Most Quarters

Oil prices maintained a steady flow up commodities charts Thursday, with market sentiment lifted by disappointing data from China, which raised hopes of further stimulus measures in the second largest »

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BoE: No Need To Rush

08/08/2012 12:23

  • Sir Merv Swerves Again
  • GBP/USD Remain Volatile
  • Feel-Good Factor Fails To Flourish!

Set against a backdrop of today’s German industrial production figures which show an alarming drop of 0.9 percent in June from previous month, and Spanish industrial output falling during the sa »

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Copper Bottoms After Earlier Rally

08/08/2012 11:59

  • Copper Slips 0.70 Percent On Charts
  • Investors Consider Easing Promise
  • Gold Up – But How Long Investors Will Wait For Action?
 

Copper faltered on commodities charts Wednesday, dipping in the wake of a rally that pushed prices to one-week high. Three-month copper on the London Metal Exchange had slipped 0.79 percent to $7,520 »

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Emerging Currencies Reap U.S. Jobs Rewards

07/08/2012 16:26

  • Risk Appetite Feeds Emerging Markets
  • Won Leads Monday Gains
  • LatAm Currencies Bouyed By Domestic Factors

ForexSpace.com (LONDON) - Emerging-market currencies kicked off the week as some of the biggest winners, after they managed to cling on to gains made off the back of better-then-expected U.S. jobs dat »

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Gold Boosted By ECB, Fed Optimism

07/08/2012 13:16

  • Gold Up 0.1 Percent
  • Investors Eye Promised ECB Action
  • Citigroup Warns Over Dollar Dependent Gains

Gold prices rose further Tuesday, bolstered by investor optimism over European Central Bank plans to ease borrowing costs for Spain and Italy and deliver on a promise to “preserve the euro&rdquo »

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Gold Up On Q.E. Hopes

06/08/2012 13:23

  • Gold Continues Climb Up Commodity Charts
  • Bullion Up $20 Since Friday Open
  • Commodities Broadly Up

Gold has had more than its fair share of international headlines over the past week. Having watched athletes collect gold medals aplenty, the precious metal is so ingrained in the consciousness of the »

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Oil Floats On U.S. Jobs Data

03/08/2012 16:28

  • Oil On Course For Biggest Weekly Gains In Two Weeks
  • Supply Issues Provide Support
  • Outlook Remains Bearish

Following Friday’s shock U.S. NFP jobs data which showed 63k more Americans than expected found work in July, crude oil futures rose. The positive data buoyed investor hope about the prosp »

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Gold Prices Buoyed By NFP Concern

03/08/2012 12:41

  • Investors Anticipate Downbeat Data
  • Gold Up 0.3 Percent
  • Commodities Still On Shaky Ground

Gold prices were bolstered Friday morning, as speculation over weaker-than-expected U.S. non-farm payrolls jobs data began dominating markets. The initial expectation for 100k jobs to be added has wa »

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AUD/USD To Face Tough Resistance

02/08/2012 12:13

  • More Upbeat Aussie Data
  • Resistance Set At 1.0583
  • RBA Rate Cut In The Balance

Pushing on with its seemingly irrepressible winning streak, Australia reported a 1 percent rise in monthly retail sales figures Thursday.  Despite a minor dip on currency charts after disappoint »

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Gold Rally Loses Steam Ahead of Fed, ECB Decisions

01/08/2012 13:24

  • Gold Loses Momentum
  • Fed. Action In Serious Doubt
  • ECB Intervention Rattles Investors

On the day when Britain manageD to garner its very first disc of the yellow stuff, gold halted its rally up commodities charts. The break in the precious metal’s ascent up charts began Tuesday a »

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Risk-Appetite Buoys Aussie

01/08/2012 10:58

  • AUD August Forecast Bullish
  • Aussie Touches Record High Vs. EUR
  • Aussie Attributes Shine Despite Commodity Dips

Buoyed by a revival of risk appetite, the Aussie looks set to improve on its July performance with bullish forecasts and unfavourable global conditions directing sentiment. Traditionally understood t »

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Crude Oil Climbs On Draghi Determination

26/07/2012 16:40

  • Crude Futures Up 1.1 Percent
  • Dollar Dives
  • Analysts Question Long-Term Implications

Crude oil futures leaped up commodities charts Thursday following upbeat comments from European Central Bank President Mario Draghi and a round of positive jobless claims data in the U.S. Light sweet »

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Metals Steady After Wednesday Rally

26/07/2012 12:00

  • Copper Down 0.15 Percent
  • China Provides Promise
  • Gold Rally Short-Lived?

A number of metals closed higher Wednesday after revived euro sentiment prompted short covering which left copper, nickel and silver up by 1 percent at close. But the action on commodities charts prov »

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U.S. Hit By More Dismal Data; Homes And Energy

25/07/2012 17:31

  • Home Sales Down 8.4 Percent
  • U.S. Recovery Looking Shaky?
  • Crude Oil Stockpile Soar

Dismal house sales figures have now emerged from the U.S., rounding off a day of thoroughly disappointing data. The sales figures have extinguished the faith many had placed in the U.S. housing m »

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Gold Eases; Still On Track For Weekly Gain

20/07/2012 16:24

  • XAU Eases On Spain Nerves
  • No Easing In The Offing
  • Gold Council Optimistic

Gold took a step back on commodities charts Friday, with a more tentative tone dominating sentiment amongst traders. Supressed risk appetite saw the EUR ease slightly, with stock markets following su »

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German Bond-Buying Sends Aussie Flying

19/07/2012 10:58

  • AUD/EUR At 11-Week High
  • Capital Inflows Maintain Strength
  • Top Forex Broker Forecasts Further Gains 

The Australian dollar hit 11-week highs against the euro today, receiving a marked boost from the risk-on sentiment prevailing in markets. Positive price action on commodities charts and the news tha »

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“Gold Is Being Oversold” Warns Top Investor Marc Faber

17/07/2012 16:00

  • Gold Seen Pushing $1600
  • Markets Price In Further QE
  • Faber Forecasts Disappointment

Gold prices threatened to break above the $1600 level on commodities charts Tuesday morning, after the yellow brick reached $1598 per ounce early in London’s morning session. Its move up the cha »

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Commodities: Gold Garners Another Week Of Losses

13/07/2012 14:22

  • Chinese Data Causes Minor Retracement
  • Pessimistic Outlook For Downward Trend
  • Gold Bugs Eye Bernanke Testimony

This week has witnessed the steady decline of gold futures on commodities charts, but gold bulls have pushed the yellow brick slightly higher this morning. The slight increase from 1567 at Thursday&r »

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Gold Dips On Commodities Charts; Silver Lining In Sight?

10/07/2012 15:18

  • Gold Lingers Around 1583
  • Outlook Negative For Q3
  • Industrial Silver On The Up?

Gold suffered a further body blow Tuesday, as global markets continue to struggle amid growing concern over the ability of euro zone leaders to thrash out a workable plan to salvage the monetary zone. »

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Gold Up On Damp EU Meeting Hopes

09/07/2012 13:28

  • August Gold Futures Up 0.3 Percent
  • Global Business Confidence Drops
  • Gold Bugs On Lookout For Easing Clues

Gold futures are up ahead of a meeting of euro zone leaders, which it is hoped will make progress towards helping the region’s indebted nations and crippled banking systems. A marked lack of fa »

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Gold Nudges Lower On NFP Optimism

06/07/2012 14:19

  • Gold Nudges Lower
  • Optimism Building Over NFPs?
  • Dollar Strengthens

Gold prices began losing shine ahead of the nonfarm payrolls data Friday, despite being on track for its second straight week of gains. Investors will be watching the data for an indication of the he »

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Gold Suspends Climb Ahead Of ECB Rates, US Data

05/07/2012 13:35

  • Gold Pauses On Investor Uncertainty
  • BoE Announces No Change; Augments Purchase Orders
  • Gold Bugs Seek QE Hints

With markets poised for a European Central Bank (ECB) cut which could deliver renewed growth to the euro zone and beyond, speculators having been retreating from their buy/sell buttons. Copper, gold a »

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Gold Nudges Higher On Downbeat US Data

03/07/2012 13:05

  • Bullion Up On Stimulus Speculation
  • ECB Rate Reception Uncertain
  • Chinese Data Disappoints

Gold markets edged higher Tuesday morning after lacklustre manufacturing data boosted investor speculation over a further round of easing measures from central banks in the U.S. and China. Now tradin »

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Editor’s Morning Forex Review: From Dirge to Surge in 12 Hours

29/06/2012 10:15

  • Germany 1, Italy 2!
  • Oh what a beautiful ‘risk-on’ morning!
  • A dawn chorus of pips squeaking

After another day yesterday when forex traders watched the EU Summit paralysis extend towards the month/quarter/half year end, today has dawned with a complete turnaround. In response to an apparent l »

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New Balls, Please

28/06/2012 18:04

  • UK Q1 Growth Revised Down
  • QE Already Priced In?
  • EU Summit Sentiment Takes Further Bashing

British tennis fans will be hoping for a more forceful display of strength from British hope Andy Murray this afternoon, than from sterling’s lacklustre performance on live forex charts. Despite »

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Shock And Ore In Commodities Markets

27/06/2012 13:43

  • Copper Bottoms Out
  • Gold Hits A Low
  • Cast Iron Promises

Copper and a number of other commodities tumbled Wednesday, as investor fear over the upcoming EU summit’s ability to resolve the region’s mounting debt troubles served to buoy risk aversi »

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Top Forex Brokers Keep Nervous Eye On Spanish/Italian Auctions

26/06/2012 10:45

  • Markets Eye Spain
  • Contagion Attacks Italy
  • Investors Downbeat For Euro Meeting

Markets this morning are poised for the results of Spanish bond and bill auctions which, it is exepcted, will see the beleaguered nation paying its highest short-term borrowing rates in over six month »

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Gold Loses Ground; Riskier Commodities Follow Suit

21/06/2012 17:48

  • Commodities down
  • QE3 on the table?
  • All eyes on EU summit

Gold extended losses Thursday, completing the precious commodity’s third day in its longest downhill run for almost a month on the Fed’s decision to extend Operation Twist. Markets greeted »

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Grains of Comfort for the Greenback

13/06/2012 13:40

Wheat prices regained momentum Wednesday during European morning trade, with concerns over declining output in Australia - the world’s second biggest wheat exporter - fuelling investor interest »

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Gold futures up on Spanish bailout; questions remain

11/06/2012 12:22

Gold futures leaped during early morning trade Monday, as news that Spain would receive a bailout of up to EUR100bn in order to save its failing banking sector reached investors’ ears. The bailo »

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Twitter abuzz with discontent

08/06/2012 17:07

As the pressure continues to build on Europe’s top political and economic minds to resolve Spain’s banking crisis and lift the nation out of the euro zone’s relegation zone, the »

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Bernanke Tells It How It Is

07/06/2012 16:32

ForexSpace.com - As market watchers witnessed the 1-month EUR/USD volume at 13-day low in the lead up to Bernanke’s testimony to lawmakers on the Hill, investors pushed upwards in early trading »

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21 seconds…

21/05/2012 18:19

ForexSpace.com - The markets have shown precious little spring in their step today for forex traders to get excited about. As the European markets closed, the FTSE 100 rose 0.9 percent, the CAC rose 0 »

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Gold price charts make gains; forex trader euro nerves remain

21/05/2012 12:23

ForexSpace.com - Gold continued to rise on Monday, representing its third consecutive day of gains according to commodity price charts. The precious metal climbed after a pledge from world leaders to »

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Forex brokers expect “little change” after FOMC minutes

16/05/2012 17:45

ForexSpace.com - As the markets wait for the minutes of the FOMC’S April meeting, the prevailing wind is calm. For most forex traders and brokers, top of the agenda for analysis will be any indi »

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Gold price charts sag; forex traders choose USD

15/05/2012 17:17

ForexSpace.com - With crisis liquidation risks elevated, those with their eyes on the forex gold price charts should pick their havens carefully. Yesterday saw a retreat from the yellow brick by risk- »

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Oil drops on faltering global growth

14/05/2012 17:58

The cost of crude oil has plummeted to a five-month low, according to live forex charts. With many experts pointing the finger at the prospect of a Greek exit from the euro zone which is quashing dema »

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Yellow brick on the road for biggest weekly drop; US jobs data looms

04/05/2012 12:11

ForexSpace - Trader nerves about the impending release of US non-farm payrolls data has set gold on a course for its biggest weekly drop in a month. A cloud of malaise has gathered over the US as nega »

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Copper on the descent; China to step in

30/04/2012 16:33

ForexSpace.com - Copper prices fell Monday morning as investors switched their attention to the stronger dollar and the commodity retraced gains made at a near one-month high. But reports of an impend »

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Anyone for a drop of oil?

25/04/2012 14:21

ForexSpace.com - Forex news saw Brent crude achieve some gains today, with investors apparently upbeat at the prospect of hints this afternoon from the US Federal Reserve’s FOMC that it may emba »

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Rise and Shine

24/04/2012 13:15

ForexSpace.com - Forex news saw the price of gold steady near $1,640 an ounce in Europe this morning. This, it would appear, is due to a milder sentiment to the USD having put the brakes on the previo »

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Oil sees risks skewed to the downside

23/04/2012 11:00

ForexSpace.com - Oil has fallen below $118 a barrel this morning from its highest closing price in three days in NYin the wake of downside Chinese consumption growth data. The black stuff is also suff »

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All Hail The Shale

17/04/2012 14:44

The world energy markets have received a thorough shake-up today, and it’s all thanks to comments made by the Confederation of British Industry (CBI) which endorsed a report recommending the dev »

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Forex News: India Cuts Interest Rate To Help The Rupee Fly

17/04/2012 13:14

In a move which has surprised some forex traders, India has cut its main interest rate from 8.5 percent to 8 percent in a bid to stimulate growth. The cut represents the first rate trimming for three »

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US Opener

16/04/2012 16:28

ForexSpace.com - Wall Street has opened with stocks having picked themselves up from a fortnight of decline. The Dow Jones climbed 0.94 percent, the S&P 500 rose 0.65 percent and Nasdaq gained 0.49 pe »

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Forex News: Going For Gold

11/04/2012 16:47

Growing fears over the fate of the Eurozone and the potential for a double debt crisis are driving investors towards a golden “safe haven”, according to forex news reports. Simon Denham, »

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Forex news: What Could An Oil Price Hike Do To The Eurozone?

10/04/2012 15:18

A leading group of forex news analysts has warned that an oil price hike could be as catastrophic for the UK economy as the eurozone debt crisis. Andrew Goodwin, senior economic advisor to Ernst and »

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Gold Retesting the ‘C’ Word

27/03/2012 10:55

ForexSpace - Recent improvements in growth sentiment and forex news, especially in the US, coupled with a firmer greenback, could kick-start gold to retest its 2012 lows, below $1,600/oz, says Deutsch »

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Gold wobbles amid "challenging investment climate"

26/03/2012 16:54

The price of gold wobbled on Monday morning, as forex traders await speeches from central bank chiefs which could trigger some aggressive price swings. "While the market is still beneath the opening »

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Forex news: Asian currencies fall on concern for global growth

22/02/2012 00:00

Asian currencies have fallen for the second day as Greece’s bailout deal fails to allay concerns about Europe’s potential to slow world growth.  “The market is relieved but sti »

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