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Monday, 27 June 23:54 (GMT -05:00)



Stock and commodities markets

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


 

The US retails sales grew more than expected. The Federal Reserve’s focus is on the current condition of the US economy, which can either confirm or disprove the positive US employment stats.

 

 

 

 
The eurozone’s trade balance showed a surplus. However, the surplus turned out to be less substantial than expected. Today Spain is to start another bond auction. Investors are concerned about the fact that last month Spanish banks had to borrow from the ECB as much as 316B euro.
 
Japan is ready to supply the IMF with $60B in order to help the eurozone resolve its debt crisis. Japan’s manufacturing production report came out worse than expected.
 
The direct investments in China have been shrinking for the 5th consecutive month despite the central bank’s efforts to increase the quotes for foreign investors. China has increased the purchases of US bonds for the 2nd month in a row.
 
Amid China’s economic slowdown, the RBA is ready to cut the interest rates if the there is an inflation decline.
 
Iran seems to be ready to resolve all the nuclear issues with the Western powers if they ease the sanctions. Israel keeps urging Iran to stop uranium enrichment completely.
 
Yesterday’s trading volume in the market of gold was one of the lowest in 2012. The СОМЕХ report showed a sharp increase in silver reserves amid higher production of silver and lower demand for it. The silver reserves are around the 10-year record.
 
 
According to the Commodity Trading Department of Masterforex-V Academy, today gold may continue its downtrend to 1645-1644 after consolidating below 1650. If the price consolidates below 1643 it will give way to 1625, 1620, and maybe 1610. Alternatively, if the price fails to consolidate below 1650 and consolidates above 1653, it will get a chance to rally up to 1660. In order to resume a major rally, the price will have to break and consolidate above 1660.
 
Silver continues its downtrend. Once an H1 price bar closes below 31.35, the price may go further down 31.25, 31-30.90, 30.50. Alternatively, a failure to consolidate below 31.35 and a break above 31.45 will increase the probability of testing 31.75.


 

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ArmPhone – Technological Breakthrough at the Market?

On June 06 Armenia presented a unique development at technology market – Armenian smartphone. As informed to the “Market Leader” a large company Technology and Science Dynamics has become the manufacturer of ArmPhone.

Publication date: 11 June 08:24 AM

Information about iPhone 7 “Spils” into the Web

New model of smartphone from Apple – iPhone 7, will get one more color, but get rid of plug connector for headphones. Such information about the popular gadget appeared in global network.
 
Publication date: 10 June 05:03 PM

Oil Market: Price Goes Up

Price of benchmark crude oil keeps rising, on Wednesday, June 08, it was trade close to maximal points for 11 months after publication of data on stocks of fuel in the United States of America.

 
At London stock exchange ICE Futures quotations of August futures of Brent oil blend have risen by 0.91 USD (1.77 percent) – to 52.35 USD per barrel.
Publication date: 10 June 05:51 AM

Who Needs High Oil Prices?

The world community is watching a price drop at the market of energy resources. The situation is most complicated for countries, the budget of which initially counted on high earnings from oil.
 
One can say for certain that most dependent on oil profits are countries that export the energy carrier to the world market in big volumes. Such countries often show slipping to dictatorial forms of government. When they switch to dictatorship, these countries can no longer restrain growth of oil recovery in neighboring countries.
Publication date: 09 June 06:16 PM

Oil Market: Brent Goes Beyond 51 Dollar

The price of Brent oil blend has jumped over the mark of 51 USD per barrel at London stock exchange ICE. Namely, on Wednesday, June 08, the price of one barrel of sample grade has amounted to 51.05 dollars – the highest value since last October. This is proved by information from trading grounds.
 
Publication date: 09 June 08:51 AM

Oil Market: Moscow Loses Interest to OPEC

Price of oil is rising again, but this is not enough for producer countries. Quotation of 50 dollars per barrel is “not the best possible variant”. 
 
“Nobody invited us,” says Anatoly Yanovsky, Russian Deputy Energy Minister, continuing to show indifference to OPEC summit in Vienna. Large players at the market of petroleum are again trying to rise; at the same time, after the summit in Doha, which was held in mid-April, representatives of the RF have stayed at home: Moscow has not even sent to Vienna even its technical observers. Less than two months ago the Russian leader was doing everything possible to bring Iran and Saudi Arabia to agreement; he was an intermediary between two rivals , which divide raw material market and the Middle East, and tried to convince them to freeze fuel production in order to stimulate rise price. Today, when the value of petroleum has risen from the minimal point to almost 50 dollars per barrel, the Russian Federation prefers waiting. “Oil price has gone up, which makes the question of freezing oil production lose its topicality,” said Aleksander Novak, Energy Minister of the RF.
Publication date: 09 June 01:01 AM

Saudi Arabia Freezes Oil Recovery till 2020

Saudi Arabia continues looking for ways to considerably reduce its dependence from petroleum as soon as possible. The country’s government has recently approved the plan of economic reforms, developed mostly for solving the abovementioned task. According to this plan, the level of “black gold” recovery in the country has to be frozen at the same level till 2020.

Publication date: 08 June 10:26 AM

Oil Market: Experts Call the Price Rise Timely

Energy market is showing certain recovery of oil price. Experts are certain that the rise is temporary, as pressuring factors remain topical.
 
Ministers of countries-members of OPEC are going to hold a meeting to discuss market strategy and current situation. The previous meeting was held last December. Since then oil has already managed to drop by one third, and then regain 80 percent of its value. Last month North Sea oil brand Brent gained 9 percent.
Publication date: 07 June 09:00 AM

Apple can Release iPhone Once in Three Years

Apple may refuse from traditional update of iPhone once in 2 years and increase this term. From now on a new model of iPhone will appear only once in 3 years. In between the release of new models the company will improve the previous version.

Publication date: 05 June 07:21 AM

Market Rates 4-Incher iPhone SE

A 4-incher screen iPhone SE has entered the market a short while ago, but users’ reaction to it can be compared to that to iPhone 6 Plus, when Apple has changed the body design and increased a form-factor. Experts and users have divided into two groups – some suppose that Back to Basics is a logical and correct step, whereas others are certain in failure of the novelty.

Publication date: 04 June 12:07 AM