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Stock and commodities markets

Gold And Silver: Daily Outlook. March 1st 2012.


 

 

Yesterday the ECB held another 3-year credit auction. Therefore, it increased the overall liquidity of eurozone banks by 529B euro amid higher unemployment in Germany and lower consumer spending in France.

 

 

 

 

 

 
In the meantime, the USA revealed its GDP data for Q4 2011, which turned out to exceed the forecast.
The improving business activity and higher GDP in the USA suggest economic growth. Nevertheless, during yesterday’s speech Ben Bernanke, Fed Res Chairman, pointed out to the reserved economic picture but made no hints at the possibility of Q3. This statement naturally caused a decline in stocks, Euro and precious metals.
 
China’s PMI increased in January. India’s PMI preserves confident growth as well. The rate of inflation declined down to the 26-month low, which suggests their ability to resist the consequences of Europe’s economic weakening.
According to the US Mint, the demand for physical gold (gold coins in particular) declined by 83% in February. Yesterday gold depreciated by 5% on negative news. This was the biggest decline in 3 years. Such sharp moves may force major investment funds into restraining their investments into this commodity.
 
Forecast:
 
According to the Department of Commodity Trading of Masterforex-V Academy, gold may encounter resistance around 1725 and1733. If the price fails to consolidate above 1725, it will most likely continue its downtrend. Once the price consolidates below 1711, it will get a chance to go down to 1670, 1660. If an H1 bar closes above 1725, it will trigger the bullish scenario (the targets are1733 and 1750).
 
Silver has recently tested 35.25 and is currently retracing down to 34.65, and may be 34.50. If an H1 bar closes below 34.5, the price may go further down to 34.0. However, if the price does stay above 34.65, the probability of going up to 35.5 will increase.

 

 

 

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Coffee Market Outlook 2012

 

Coffee is getting more and more popular with both importing and exporting countries. Unfortunately, the situation in global commodity markets is ambiguous. The overall tendency is bearish. However, there are occasional hikes connected with bad weather and other factors affecting production. What should investors get ready for?
Publication date: 17 May 09:30 AM

Gold And Silver: Daily Market Outlook. May 17th 2012

 

 

Stock markets lost over $3 trillion on Greek news. The next round of parliamentary elections are seen as a referendum of the eurozone membership. The ECB has suspended the lending for several Greek banks.
Publication date: 17 May 07:12 AM

Coffee Market: Near-Term Outlook

 

 

Last week coffee prices stayed within a price range, which later changed a little. The current price range is 172 – 185.5.
Publication date: 14 May 12:09 PM

Sugar Market Outlook 2012

 

 

Analysts anticipate lower sugar prices within the next 6 months (a major decline – 22%). The major reason is higher sugar production in India and Brazil.
Publication date: 14 May 07:32 AM

Cocoa Market Overview

Last week the price of cocoa future for June remained within the narrow range of 2280-2350. After the price drop, caused by the statement made of the government of Ghana concerning possible lack of 71 t.t. of cocoa at storages, the price failed to get over 2350.

Publication date: 11 May 09:44 AM

Gold And Silver: Daily Market Outlook. May 10th 2012

Publication date: 10 May 06:44 AM

ForexTrend: Successful PAMM Investing Amid Crisis

ForexTrend: Successful PAMM Investing Amid Crisis
 
These days, webinars are an inseparable part of education, especially when it comes to Forex trading. However, few of them turn out to be really interesting. On April 20th 2012, ForexTrend and Masterforex-V Academy conducted a joint webinar on “How to become a successful PAMM investor amid crisis?”
Publication date: 08 May 05:37 PM

Is Natural Gas Rally Nearly Over?

 

 

NG prices have been growing at NYSE since April. In 5 days the May futures appreciated 18 cents. Some investors say the major downtrend, which made NG prices go down to the 10-year low, is nearly over.
 
First, let’s have a look at the market changes that took place in March-April.
Publication date: 08 May 01:49 PM

Corn Futures: Market Outlook

 

 

May corn futures found support around $6 and (as expected) made a small-scale rally on China’s expansion of corn export from the USA.
Publication date: 08 May 05:08 AM

All that glitters is not gold

Bond yields have risen again, the euro zone has been hit by a fresh wave of doubt over its ability to manage the sovereign debt crisis and the UK finds itself in recession once again, so why has gold fallen $40 per ounce this week?

Publication date: 07 May 07:55 AM