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Sunday, 23 November 09:02 (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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IQ Option's Turbo Options - up to 92% in 60 Seconds!

When you trade binary options on any underlying asset, including Forex or stocks, you belong to a growing international army of successful and well-off traders. Why? This is because more and more traders switch to binary options since they are more convenient, faster, more intuitive, simpler and easier to trade and handle. This concerns multiple aspects, from risk management to building strategies. that is why binary options traders can see their financial performance improving drastically since they have come to this environment.

Publication date: 21 November 03:04 PM

Apple Will Integrate Beats Music into iOS in 2015

 

Beats Music, a music streaming service recently purchased by Apple, is going to become an inseparable part of iOS, The Financial Times reports. If to believe the information provided by the reputable edition, this is going to happen in early 2015, Market Leader reports.

Publication date: 21 November 09:46 AM

Oil Prices Grow Amid Positive US Economic Stats

 

Oil  prices are reported to be growing amid positive US economic performance seen recently, Market Leader reports.

Publication date: 21 November 09:27 AM

Google Abandons Partnership with Mozilla

 

First of all, it should be noted that many people associate Mozilla and its Firefox browser with Google. Indeed, Google has invested a lot of money in Mozilla's products over the last couple of years. The sum was really huge - at least $100 000 000 a year. This was the fee for Google's privilege of remaining the default search engine in Mozilla Firefox.

Publication date: 21 November 06:48 AM

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