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Stock and commodities markets

Gold And Silver: Daily Market Outlook. April 20th.


 

France and Spain accomplished their bond sales plans during yesterday’s bond auctions. They sold their bonds to the amount of 7.97bn and 2.5bn euro correspondingly. Despite the fact that the demand was higher than the supply, Spain had to agree on a higher yield. Yesterday’s auction covered almost 50% of the Spanish bond sales plan for 2012.  Analysts assume that Spain and Italy will be able to do without external financial support.

 

 

 

 
The eurozone debt crisis is the major issue on the agenda of the current G20 meeting. The finance ministers of Canada, USA and Australia together with the IMF urged Europe to take more active steps in order to resolve the debt crisis. The IMF representatives say they have already accumulated $320bn in order to help the eurozone if needed.
 
The People’s Bank of China is expected to lower the rates in the coming weeks (usually this takes place during the weekend). Copper traders start going bullish, which also suggests higher consumption on economic stimulation.
 
During the G20 summit, the BoJ Governor confirmed the central bank’s intention to get down to more aggressive monetary easing.
 
Yesterday’s US unemployment data came out higher than expected while the manufacturing production report showed a major decline. This confirms the instability of the US economic growth, thus giving more weight to next week’ FOMC meeting.
 
The GFMS expects the industrial demand for silver to increase by 3-5% this year mainly for the sake of replenishing the silver reserves, which ran low on expectations of another major recession.
 
According to the Commodity Trading Department of Masterforex-V Academy, today gold is moving within the 1640-1651 price range, further consolidation within the range is highly probable during the day. A break and consolidation above 1651 will trigger the bullish scenario up to the probable targets located at 1660 and 1675. A break below 1641 will trigger a downswing. The closest major levels of support are located at 1625 and 1610.
 
On breaking above 31.8, the price will probably rally up to 31.95-32.0. A break above 31.95 will give way to 32.25-32.30, 32.50. Alternatively, a failure to consolidate above 31.95 will make the price rebound down to 31.7-31.75. On breaking below 31.65 the downswing will intensify, thus probably reaching 31.50, 31.25.


 

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Euro rate on Forex is diminishing against Dollar in the second part of the day, as they remark in Optionova

On the European session on Wednesday, on the 23rd of April, 2014, Euro rate fortified to achieve the level of 1.3854, setting the most extreme of the current day. Nonetheless, in the second half of the day on the U.S. session, the single European cash tumbled to the mark of 1.3815.


Workers of financial and analytic department of Binary Options Broker Optionova have distinguished explanations behind the decrease of the Euro rate against the Dollar.
 

Publication date: 24 April 02:42 PM

Google Stock Down After Quarterly Report

 

Not so long ago, Google published another quarterly report. This time the figures for Q1 2014 turned out to be not as good as expected, thereby disappointing investors.  All in all, the was a year-over-year increase. Still, investors found something controversial about the figures, which ultimately resulted in a bearish move in the market of Google's stock.
 
Publication date: 17 April 01:07 PM

Will foreign countries buy Russian oil and gas for rubles or not?

In response to the sanctions of the West related to the annexation of the Crimea to the Russian Federation, Russian exporters want to refuse the U.S. dollar as the main means of payment with foreign buyers of oil and gas. However leading Russian energy players offer different approaches to this issue.
 

 

Publication date: 14 April 06:30 AM

Apple iWatch Rumors

 

More and more web sources join the growing army of those who spread rumors about Apple and its plans to introduce its own smart watch – iWatch. Apparently, these rumors heat up the interest in this long-awaited device.
Publication date: 10 April 06:35 AM

Google to Start YouTube for Children

 

YouTube, the world's most popular video hosting is about to get a «younger brother».
The thing is that Google, which owns YouTube, is about to introduce a YouTube version for children. In particular, the representatives of the world-famous tech giant say the new version of the popular hosting is made exclusively for children under 10 years old.
 
Publication date: 26 March 06:35 AM

iWatch Under Question

 

More and more web sources report that Apple is seriously working on a new portable device. It is said to be called iWatch. Until recently, there was no doubt that Apple would introduce its own smart watch.
Publication date: 26 March 06:35 AM

Apple to Introduce 12-Inch MacBook with Retina Display

 

Apple is reported to be currently working on a new Macbook. This time it is going to be a 12-inch Macbook with the Retina display. Another new feature is that this laptop is not going to have a cooler inside.
 
Publication date: 25 March 07:59 AM

Galaxy S5: Specifications Giving Competitive Edge

 

 

The new mobile device by Samsung called Galaxy S5 has been discussed on the Web for several months already. The device is said to come into market in April 2014. At this point, all the fans of Samsung devices are left to be looking forward to the long-awaited release.
 
Publication date: 24 March 09:19 AM

Gammers and Developers Got Interested in Microsoft DirectX 12

 

At this point, we know enough about DirectX 12 to start comparing and making conclusions. In particular, the developers promise wiser and more efficient use of CPUs and GPUs along with wider hardware support.
 
Publication date: 24 March 09:19 AM

Motorola and LG Introduce Smart Watches Powered by Android Wear

 

Motorola is reported to have introduced its own smart watch called Motorola Moto 360. The portable gadget is powered by the modification of Android OS called Android Wear, Market Leader reports.
Publication date: 21 March 08:04 AM