«Market Leader» - news and previews making you rich.

Thursday, 26 November 02:53 (GMT -05:00)

Stock and commodities markets

Gold And Silver: Daily Market Outlook. May 3rd 2012



The eurozone’s manufacturing PMI came out slightly worse than expected. Germany’s unemployment and manufacturing production report also disappointed investors. Now it seems that the crisis has reached the heart of the eurozone economy.






The current economic situation may force the ECB into changing its mind and going back to economic stimulation. However, the ECB is unlikely to announce any new stimuli during today’s press conference. Today’s Spanish bond auction is expected to end up with a yield increase.
In the meantime, the US manufacturing orders report showed a less-than-expected decline. The employment change report also came out less than expected, thus suggesting instability in the world’s major economy. Now everyone expects an unpleasant surprise during Friday’s employment report. However, the US economy is still showing some faint growth.
China, Japan and South Korea agreed to expand mutual investments in their T-bonds. The overall bond market of the 3 Asian giants is estimated at $15 trillion. China’s service PMI  declined against last month but remained above 50.
India’s import of gold keeps going down. Last month India imported 30-35 tons of gold against 90 tons imported in 2011.
According to the US Mint, April’s gold coin sales were the lowest since 2008.
According to the Commodity Trading Department of Masterforex-V Academy, gold is in a bearish trend. The probable targets are 1640, 1633 and maybe 1625. There is still a chance of testing 1653-1654. However, a further downtrend is more probable. A break and consolidation above 1654 will give way to  1665, 1675.
 As for silver, it is expected to test 30.25, 30.0, 29.90. However, a test of 30.60-30.6 is still possible as well. A break and consolidation above 30.65 will give way to 30.75, 30.90-31.0.





You are free to discuss this article here:   forum for traders and investors


Add to blog
Got a question? – Ask it here »

SunbirdFX Teaches Gold and Silver Trading

Precious metals have always stood out from the crowd of financial assets. Millions of traders around the globe start buying gold and silver when the global economy starts seeing problems. With that said, precious metals have ben seen as safe-haven assets among market uncertainty and economic instability.
Still, in order to trade them profitably, you need certain skills and expertise. That’s why SunbirdFX offers you exclusive coaching on how to trade gold, silver and other precious metals the way professional do. This will help you to take you trading to the next level while enjoying stable profits.
Publication date: 24 November 07:08 AM

FxPro on Benefits of Trading Stocks

Apparently, most FX traders usually limit themselves to trading only currency pairs. However, major FX brokers offer other promising assets to trade as well, including stocks and commodities.
Publication date: 27 October 01:57 PM

OPEC Oil Basket Gains 2,5%

The international energy market has been showing some growth over the last few days.  In particular, the overall price of the OPEC basket advanced 2,5% up, Market Leader reports. The price moved by $1,13/b all the way up to $44,95/b. The corresponding figures were published on OPEC’s official website.

Publication date: 07 October 06:02 PM

Traders on Crude Oil Corruption and Oil Prices

Diezani Alison-Madueke, Nigeria’s former minister of oil and current OPEC president was arrested in London but soon released the other day. Still, she cannot leave Great Britain for now. The police haven’t commented on the matter yet.

Publication date: 05 October 08:34 AM

FxPro Offers New Instruments for Trading Crude Oil and Natural Gas


Not so long ago, FxPro announced the introduction of new instruments for trading crude oil and natural gas. According to the company’s representatives, these instruments are designed to open new horizons for traders and investors, thereby allowing them to gain even more profits from this kind of assets.
Publication date: 24 September 05:23 AM

Apple Plans to Release its own Electrocar by 2019


According to The Wall Street Journal with reference to some anonymous sources related to Apple, the participants of Project Titan keep on working on creating an electrocar. If everything goes as planned, the innovative vehicle by Apple is going to be introduced by 2019.
Publication date: 24 September 04:17 AM

Hackers Attack App Store


For the first time in Apple’s history, its App Store has been attacked by hackers. According to the Hi-Tech Department of Masterforex-V Academy, the hackers used a virus called XcodeGhost to infect iOS apps through XCode, Apple’s IDE for developers.
Publication date: 22 September 08:46 AM

OPEC’s Forecast Predicts Russian Disaster

According to the recently published OPEC forecast, if oil exporters managed to survive this year, next year they are likely going to face a financial disaster. The cartel predicts that late 2015 is going to be the time of slightly higher demand for crude oil, which may slightly support oil prices and even let them recover a little. However, early 2016 is going to be the time when the demand crashes, which may result in serious financial difficulties for major oil exporters with economies heavily dependent on oil exports (like Russia, for example).

Publication date: 17 September 11:24 AM

Apple Has Found Responsible For iPhone 6s Plus Shipment Delay


According to the Hi-Tech Department of Masterforex-V Academy, Apple is going to start the sales of Apple iPhone 6s and 6s Plus in the USA and other first-wave countries on September 25th.  However, you can already preorder the devices now. Previously, apple reported that the demand for the long-awaited devices happened to be so high that this caused shipment delays, especially when it comes to iPhone 6s Plus. The shipment delay may expend all the way up to 3-4 weeks.
Publication date: 17 September 06:38 AM

Microsoft Will Tell About Windows 10 On October 6th


Last week, several web sources published info saying that Microsoft is going to announce the first Lumia smartphones powered by Windows 10 Mobile. The announcement is going to take place on October 10th, the sources report. Judging by the fact that Microsoft has already started sending mass media representatives invitations to the event, this is going to take place a couple of days earlier – on October 6th
Publication date: 17 September 06:24 AM