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Saturday, 28 March 05:20 (GMT -05:00)


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Stock and commodities markets

Gold Prices May Decline


 

 

Yesterday’s European PMIs disappointed investors once again. The eurozone’s Manufacturing PMI came out worse than expected  - below 50 – which suggests further economic stagnation. The Services PMI stayed in the negative zone as well. Therefore, we can conclude that the eurozone has become a major destabilizing factor for financial markets once again.

 

 

 

 

 

 
China’s leading economic indicator showed some growth in March, which was less substantial than a month before. This may serve as another factor urging the People’s Bank of China to implement further monetary stimulation.
 
Some experts expect the FOMC to consider interest rate hikes during the forthcoming meeting.
 
In advance of the FOMC meeting investors prefer to switch from commodities, including gold and silver, to bonds. The uncertainty is supported by the eurozone crisis. Asian dealers keep reporting about the increasingly lower demand for physical gold.
 
According to the Commodity Trading Department of Masterforex-V Academy, gold is rallying. The closest levels of resistance are 1643-1645. If the price breaks above them, 1650 and 1658 will become the next levels of resistance. A failure to consolidate above 1643 will make the price rebound down to 1633, a break below 1632 will give way to 1625, 1610, 1595.
 
Silver is expected to test 31.0, and maybe 31.25. On consolidating below 30.7, the price may go down to 30.50, 30.0, and maybe 29.90.

 

 

 

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ActivTrades on Benefits of Trading DAX

 

There is no doubt that Forex is the world’s biggest financial market. At the same time, it is the most liquid market in the entire world. That is why millions of new traders come to the market every years. Still, currencies are not the only assets you can traded to make big money regularly. Apparently, there are some other assets that are liquid enough to let you enjoy stable profits at all times. In particular, you can trade futures, CFDs (contracts for difference), stocks and stock indexes.

Publication date: 27 March 06:52 AM

Amazon Gonna Share Mobile Apps FOR FREE

 

According to several online sources, Amazon has just announced a new function allowing the user to download commercial mobile apps for free, Market Leader reports.

Publication date: 26 March 03:34 AM

Apple Patents Keyboard Without Hard Keys

Market Leader reports that the United States Patent and Trademark Office revealed another patent claimed by Apple. This is going to be a whole new type of keyboards.

 

Publication date: 25 March 12:20 PM

Google Wants to Relaunch Nexus and Has Talks with LG

 

Last year, a lot of online sources spread rumors that Google is going to put an end to the production of the famous Nexus series of smartphones in order to focus on more expensive Android-powered devices, Market Leader reports. Still, these rumors have failed to manifest themselves so far.

Publication date: 23 March 06:23 AM

NASDAQ Nears Major High 5000 Again

 

Yesterday, on March 18th, the U.S. stock market gained value on big trading volume after an «unexpected» report on the Fed’s monetary policy that followed the 2-day FOMC meeting.

The hi-tech stock index, which is NASDAQ, gained 0,9%, thereby closing at 4982,71. This is close to the major high of 5000, which was hit for the first time in 15 years on mArch 2nd, 2015. At the same time, the broad market index - S&P500 - gained 1,2% over the same reporting period.

 

Publication date: 19 March 06:33 AM

Die Welt on How U.S. Crude Oil Inventories Affect Oil Prices

The global market of crude oil is currently pretty dynamic, with considerable price fluctuations. What factors affect the market? Which side to gain the upper hand in the near future - the bulls or the bears?

Publication date: 18 March 07:15 AM

WTI Crude Oil Price Drops Below $43/b

 

After a short period of stable oil prices, the downtrend seems to have resumed again, Market Leader reports. Yesterday, WTI dropped below $43 per barrel.

Publication date: 17 March 03:34 AM

Golden Apple Watch Costs 10 Times as Much as an Ounce of Gold

 

Apple is said to be getting ready to release an exclusive series of Apple Watch made of gold, Market Leader reports. Apparently, the gadget is going to cost a fortune. Still, the High-Tech Department of Masterforex-V Academy reports that the golden variant of Apple Watch is going to cost 10 times as much as an ounce of gold. Even experts were shocked by the announced price, not to mention the fans of Apple devices.

Publication date: 13 March 09:56 AM

On March 12th, Oil Prices Resume Recovery

 

This morning, oil prices seem to have started recovering from another bearish period started earlier this week, Masterforex-V Academy reports.

Publication date: 12 March 06:31 AM

U.S. Shale Oil Production Growth Will Stop In April 2015

 

According to the EIA, the U.S. shale oil production is expected to grow by as little as 1000 barrels a day, which is almost nothing if to compare the industry’s scale. With that said, this prediction is almost identical to the absence of production growth in the sector of American shale oil.

Publication date: 12 March 06:21 AM