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Saturday, 25 April 06:56 (GMT -05:00)


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Stock and commodities markets

All that glitters is not gold


 

Bond yields have risen again, the euro zone has been hit by a fresh wave of doubt over its ability to manage the sovereign debt crisis and the UK finds itself in recession once again, so why has gold fallen $40 per ounce this week?
 
To quote Shakespeare, “All that glitters is not gold; often you have heard that told”. Traditionally gold thrives in turbulent markets since it is regarded by investors as a safe haven asset, but a surprisingly strong U.S. dollar has quelled the price of gold. In fact the strong greenback has done more than just negate the euro zone impact; it has caused the price to retreat. As the graph below shows, gold has been locked in a downward trend channel this week. This is a perfect example of how one cannot hope to predict the movement of gold by looking at only one dimension; its valuation is the product of many variables.
 
Spot Gold (Dollars per ounce) for the week beginning April 30 th
 
The decline represents gold’s biggest weekly drop for a month as it plunged towards the psychological $1600 per ounce level.
 
The dollar has strengthened against a majority of major currencies resulting in dollar-priced commodities, such as gold, becoming weighed down. Far from the U.S, in India, a weak Indian Rupee has made dollar priced commodities relatively expensive for buyers, curbing demand in the world’s largest consumer of bullion.
 
U.S. non-farm pay rolls data fell short of expectations on Friday which did see gold briefly jump to $1640 per ounce; although moving outside the trend channel it almost instantly retreated back within the range. Lower than expected figures will further fuel speculation of more quantitative easing by the Federal Reserve, which would hurt the dollar and help gold reverse its recent losses.

 

 

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Apple Comments On WWDC 2015

 

Apple finally gave the world a clue on when the next conference named Worldwide Developers Conference (WWDC) 2015 is going to take place. According to the Hi-Tech Department of Masterforex-V Academy, those who are interested in Apple products will be able to visit WWDC 2015 on June, 8th through 12th in San Francisco at Moscone West to get acquainted to the next-generation iOS and OS X. Some reprinted sources assume that this is when Apple is going to announce iOS 9 and OS X 10.11.

Publication date: 16 April 05:48 AM

USA Gonna Outpace Russia in Oil Production by 2020

 

According to the recent report made by the U.S. Energy Information Administration (EIA), the USA is expected to outpace the Russian Federation in terms of crude oil production by the ned of this decade.

Publication date: 16 April 05:23 AM

Apple Keeps Working on iPhone 6C

 

According to Apple Insider with reference to paparazzi form Future Supplier, Apple is currently working on the low-cost variant of iPhone 6. If this is the case, the device is most likely to be called iPhone 6C.

Publication date: 01 April 04:22 PM

Apple Sees 15% Decline in iPad Sales

 

Apple and Samsung closed 2014 as the leaders of the global market of tablets even though they showed various results, Market Leader reports.

Publication date: 31 March 12:00 PM

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