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Stock and commodities markets

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


 

 

Investors keep monitoring the situation in Italy and Spain . The Spanish Premier is making steps to try and restore investors’ confidence through budged spending cuts. In the meantime, the ECB keeps supporting Italian and Spanish banks.

 

 

 

 

 

 
China’s trade balance surplus came as a surprise, thus exceeding expectations due to lower import and higher export. The Bank of Japan left the key interest rate and the bond purchase program unchanged yesterday. However, the central bank is expected to expand the QE program during the next meeting scheduled for April 27th.
 
Ben Bernanke says the US economy hasn’t completely recovered from the latest economic crisis. According to him, banks still need to replenish their reserves while “shady banking” presents considerable risks.
 
Alco is the first of the Dow Jones companies to publish its quarterly report. It is expected to show a 4-cents-per-share loss. In general, analysts anticipate an overall 0.6% income decline in Q1 2012. It should be noted that last Friday the demand for US T-bonds increased amid poor employments stats and the uncertainty in advance of quarterly reports.
 
As expected, the market of physical gold saw extra demand yesterday after Indian jewelers went back. Experts anticipate a 27% decline in India’s silver import.
 
According to the Commodity Trading Department of Masterforex-V Academy, if an H1 price bar closes below 1652, it may trigger the bearish scenario down to 1645-1644. At the same time, if it closes below 1643, this will suggest a deeper retracement down to 1630-1625. Otherwise, the rally will resume. The closet levels of resistance are 1675-1680.
 
As for silver, once the price fails to consolidate above 31.90, it may trigger the bearish scenario with probable targets around 31.70, 31.50. If the price does consolidate below 31.51, the downswing may reach 31.25, and even 31.0-30.90. Alternatively, if an H1 price bar closes above 31.90, the rally may reach 32.0, 32.25, and maybe 32.50.

 


 

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Microsoft Gets Rid Of Nokia Store

 

As the time goes by, Microsoft keeps on getting rid of any mentioning of Nokia regarding Microsoft's business. The tendency started from the popular Lumia series of mobile devices (smartphones). Now, the corporation seems to have switch to their gadgets, Market Leader reports. The thing is that many mobile devices created by Nokia, including Series 40 and Series 60 as well as Symbian-powered smartphones and the Nokia X / Nokia Asha series still have the access to the Nokia Store, which shouldn't be the case.

Publication date: 20 November 07:30 AM

Apple Pay Gets More Popular

 

Mobile payment systems have been around fro a while and are still getting increasingly popular worldwide. with that in mind, the world's biggest tech giants are trying to get into the niche, which is expanding at an unprecedented rate. It is not accidental since payments with mobile devices via touch-to-pay terminals are convenient and secure.

Publication date: 20 November 07:30 AM

Nokia Announces First Its First Tablet Called N1

 

7 month later, after Nokia sold its mobile business to Microsoft, the Finnish tech giant Nokia is entering the market of consumer electronics again. On November 18th, Nokia introduced its first tablet powered by Android 5.0. it is named Nokia N1.

Publication date: 19 November 01:26 PM

Pegatron Will Assemble iPhone 6 Plus

 

Apple is planning to expand the cooperation with the contractor named Pegatron regarding to iPhone 6 Plus. The thing is that the demand for the new smartphone by Apple is still expanding, which requires bigger manufacturing capacity. The first agency to announce the news was the Japanese agency named Nikkei.

Publication date: 12 November 08:16 AM

US Stock Market Suspends Retracement After Fed’s Signals

 

Yesterday, US stock markets closed in the green zone (i.e. above the opening price). the President of the Federal Reserve Bank of Saint Louis told Bloomberg TV that the Fed should delay the total tapering of QE3 planned for this month. His concerns are caused by lower inflation expectations coming from investors coupled with much more volatile markets. US stock indices were busy retracing before the statement, thereby reducing to nothing almost the entire gains to all-time highs made this year. After the statement, the VIX went down from the extreme value of 31,06 down to 25,20 while the USA’s major stock indices closed the trading session with a rally.

Publication date: 17 October 12:08 PM

Ebola fever "swelled" costs for cocoa, pointed the specialists of Optionova

Costs for prospects for cocoa beans rose to a greatest amid last three and a half year high because of nervousness about decreasing the supply of crude materials because of an episode of Ebola fever in Africa, composes Bloomberg.

Publication date: 23 September 10:59 PM

The expense of gold on today's offering arrived at 1266, 28 dollars for every ounce, pointed in Optionova

On today's, the exchanging cost of gold stays stable even against the foundation of moderately frail business sector detail of the American work and geopolitical strains in Eastern Europe on the region of Ukraine, composes Reuters.  

Publication date: 09 September 10:06 PM

Kazakhstan's gold, FOREX reserves rose $27.1 billion in August

Kazakhstan's gold and FOREX reserves settled at $27.1 billion last month, a 0.7 billion increase from the country’s July reserves of $26.4 billion, Kazakhstan’s Central Bank revealed on Monday.  

Publication date: 09 September 05:26 PM

Index S&P five hundred once more went for a record figure in 2003, 37 points, pointed in Optionova

Growth of the S & P five hundred was zero.33%, setting a brand new record at the amount of 2003.37 points. Thus, on the last operating day of August, was detected the historical most, writes Bloomberg.  

Publication date: 01 September 09:21 AM

Expense of oil gas Expanded for 21% in Europe, noted in Optionova

The expense of the European characteristic gas recuperates after greatest decrease in 5 years in the midst of expanding reasons for alarm that the clash in the middle of Ukraine and Russia could prompt disturbances in the supply of gas, composes finanz.ru.
 

Publication date: 20 August 04:59 PM