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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.
 
Forecast.
 
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.

 


 

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Index S&P five hundred once more went for a record figure in 2003, 37 points, pointed in Optionova

Growth of the S & P five hundred was zero.33%, setting a brand new record at the amount of 2003.37 points. Thus, on the last operating day of August, was detected the historical most, writes Bloomberg.  

Publication date: 01 September 09:21 AM

Expense of oil gas Expanded for 21% in Europe, noted in Optionova

The expense of the European characteristic gas recuperates after greatest decrease in 5 years in the midst of expanding reasons for alarm that the clash in the middle of Ukraine and Russia could prompt disturbances in the supply of gas, composes finanz.ru.
 

Publication date: 20 August 04:59 PM

Palladium picked up in cost till the record throughout the previous 13 years, pointed in Optionova

Development of palladium stock quality developed to greatest from 2001 against the foundation of worries about the absence of supply of this metal on the world market.  

Publication date: 19 August 07:55 AM

Volume of immediate outside ventures in the Chinese economy diminished for 17 %, said in Optionova

Immediate outside speculations of FDI in the economy of territory China before the end of July in the not so distant future arrived at the level of $ 7 billion 810 million dollars, which is 16.95% lower than in the same time of 2013. Such information are advertised by the Head of Service of Business in China Shen Danyang.  

Publication date: 18 August 06:27 AM

IQ Option: Beneficial Binary Options Trading

Binary options are some of those relatively new and unconventional assets that let you trade other conventional markets much easier, without too sophisticated analysis. Binary options are derivatives. You can trade binary options on various underlying assets such as currencies, commodities, indices and stocks. With that said, you can come to binary options industry pretty easily, whether you are rookie, or an expert trader in any of the mentioned conventional assets.

 
Publication date: 15 August 11:50 AM

GDP level of France stayed unchangeable focused around the second quarter results, figured out in Optionova

The level of French GDP for the second quarter of this current year stayed unaltered against the first quarter of this current year, when any progress was not watched. These preparatory factual information distributed by the National Measurable Office of France Insee.  

Publication date: 14 August 08:27 AM

Indonesia will not lift a ban on the export of nickel, mentioned in Optionova

The new legislature of Indonesia will keep a boycott on fares of mineral metals, subsequent to, because of the measure in the part of handling of crude materials in the nation by 2017; will be contributed about $ 18 billion dollars. This was accounted for by the Service of Vitality and Common Assets.  

Publication date: 13 August 07:58 AM

Development of oil costs proceeds the premise of further geopolitical dangers, noted in Optionova

Yesterday's exchanging on the London Trade finished with expansion of costs for "dark gold". Before the end of the session at the site of the London Intercontinental Swapping scale of citations for the supply of oil brand Brent, which is concentrated from diverse wells in the North Ocean, expanded by $ 0.66., And before the day's over remained at 105.59 dollars for barrel, specified the specialists of the Binary Options Brokers of Optionova.
 

Publication date: 11 August 05:03 PM

Unemployment rate in Australia developed to the record point throughout the previous 12 years, noted in Optionova

Unemployment in Australia after a month ago arrived at 6.4% year on year, and this was the most elevated rate for the time of the most recent 12 years. Such information holds the report of the Australian National Agency of Facts.  

Publication date: 07 August 09:30 AM

Apple is ready an overhauling in imac line, noted in Optionova

As indicated by system sources, Apple is dealing with overhauling the line of desktop imac. As indicated by the specialists of the Double Alternatives Representative Optionova, it is a monoblock with a 27-inch show with a determination of 2560 1440 pixels. Such machines are currently outfitted with quad-center Intel Center i5 processor with a clock recurrence of up to 3.4 Ghz and 8 gigs of RAM in the standard arrangement.

Publication date: 04 August 02:04 AM