«Market Leader» - news and previews making you rich.
Foreign exchange market 
USDJPY Outlook
EURUSD: Intraday Outlook
Experts: EURUSD Will Drop Down To 1,15
Japanese Yen: Market Outlook
Trichet: Situation In Eurozone Gets Worse
Larson and Holtz: How to Trade with Zero Spreads?
USDJPY Outlook
EURUSD: Intraday Outlook
Experts: EURUSD Will Drop Down To 1,15
Japanese Yen: Market Outlook
Trichet: Situation In Eurozone Gets Worse
Larson and Holtz: How to Trade with Zero Spreads?
Stock and commodities markets
Asian-Pacific Indices Go Red
European Stock Indices Go Red On Poor Reports
Brent Comes Close To $105/b.
Investors Should Get Ready For Further Monetary Stimuli
European Stock Indices Break Records
Asian-Pacific Stock Indices Close Bullish
Asian-Pacific Indices Go Red
European Stock Indices Go Red On Poor Reports
Brent Comes Close To $105/b.
Investors Should Get Ready For Further Monetary Stimuli
European Stock Indices Break Records
Asian-Pacific Stock Indices Close Bullish
Business And Politics News
FBS: FX Bazooka – Analytical Portal of New Generation
Schools of Managers: Why Brokers Need Successful Managing Traders
The Washington Post On European Crisis and Euro
Trust In EU Declines. Will Euro Collapse?
ForexContest 2013 – New Contest, New Opportunities
Tusar Forex: Open an Account and Get 8 Dollars!
FBS: FX Bazooka – Analytical Portal of New Generation
Schools of Managers: Why Brokers Need Successful Managing Traders
The Washington Post On European Crisis and Euro
Trust In EU Declines. Will Euro Collapse?
ForexContest 2013 – New Contest, New Opportunities
Tusar Forex: Open an Account and Get 8 Dollars!
 |
 |
Market Leader Free Newsletter
Stock and commodities markets
Gold And Silver: Daily Market Outlook. May 18th 2012.
18 May 05:29 AM
Greek surveys suggest that the electorate prefers those parties that stick to the austerity plan approved by the EU authorities. Fitch Ratings has downgraded Greece’s sovereign rating.
Amid declining prices on Spanish fixed property, Moody’s Investors Service has downgraded the ratings of 16 Spanish banks. The Spanish bond yield increased during yesterday’s bond auction.
The new French president has imposed a 30% pay cut on himself and his ministers.
The US rate of unemployment starts increasing once again. Yesterday’s report came out worse than expected. The consumer confidence index came out negative as well. If we see more negative economic stats in advance of the FOMC meeting, we may well see the Fed Reserve starting a new round of quantitative easing.
The experts of the Chinese state analytic center assume that China’s economy will boost by 7.5% in Q2 2012. Housing price keep falling, thus exerting extra pressure on local banks. In its turn, the People’s Bank of China will probably have to lower the reserve requirements. Auto dealers report about a sales decline.
The Japanese Yen has resumed its appreciation amid the eurozone uncertainty. The Japanese minister of finance says the Bank of Japan may start a new series of currency interventions in order to curb the strengthening.
WGC has published its forecast for China’s gold consumption in 2012. According to it, the demand for gold in China will increase by 30% up to 900-1000 tons. At the same time, India’s gold consumption is expected to decline form 933.4 down to 800-900 tons.
The global consumption of gold in q1 2012 dropped by 4.6% down to 1097.6 tons. WGC’s forecast contradicts the forecasts made by China’s major jeweler. The company anticipates only a slight increase. This may suggest that the People’s bank of China and major investors will become the main gold consumers while the jewelry and tech demand will stagnate.
Amid sanctions, Iran keeps accumulating its gold reserves via Turkey. The current supplies are estimated at 9 tons as compared with 286 kg in 2011.
Forecast
According to the Commodity trading Department of Masterforex-V Academy, today gold prices may test 1558, 1550 if there is a break and consolidation below 1573. Alternatively, a rally may intensify and touch 1594, 1605.
As for silver, it may test 27.75, 27.50. The closest level of resistance is 28.0. If an H1 price bar closes above 28.10, the rally may hit 28.25, 28.50.
You are free to discuss this article here: forum for traders and investors
Asian-Pacific Indices Go Red
Asian-Pacific stock indices closed today’s Asian trading session in the red zone. Yesterday, indices reached their 5-year highs. Therefore, today’s retracement looks neutral.
Publication date: 21 May 09:01 AM
European Stock Indices Go Red On Poor Reports
European stock indices are trading in the red zone today amid weak quarterly reports published by several European companies.
Publication date: 21 May 07:57 AM
Brent Comes Close To $105/b.
On Monday, Brent oil was trading around $105/b, taking into account positive economic stats and stock market growth along with moderate forecasts for oil demand and stocks.
Publication date: 20 May 05:54 PM
Investors Should Get Ready For Further Monetary Stimuli
Lower inflation in the UK amid brighter prospects of the British economy may well give the Bank of England a few extra weapons in its arsenal of economic stimuli. This is what Martin Weale, an MPC member, thinks on the issue.
Publication date: 20 May 05:22 PM
European Stock Indices Break Records
European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.
Publication date: 20 May 08:55 AM
Asian-Pacific Stock Indices Close Bullish
Asian-Pacific stock indices closed today’s trading session in the green zone.
Publication date: 20 May 08:44 AM
Silver Prices Drop To 2010 Lows
Today’s trading session has been bearish for precious metals. Silver prices are down to the lowest level since September 2010. However, the ratio between god and silver prices has reached the highest level in 33 months. Gold has been depreciating for 8 consecutive trading sessions in a row for the first time in 4 years.
Publication date: 20 May 08:04 AM
GKFX: Updated “Market Depth” for MT4 – for Those who Want to Win
Go and conquer new dimensions of thinking.
B. Werber
B. Werber
These days anyone may work at forex market. However, stable earning on a regular basis is only for those traders that are ready to “conquer new dimensions of thinking”, have adequate reaction to any changes at rapidly progressing markets, and remain cold-minded when taking informed decisions on the basis of thorough analysis.
Publication date: 18 May 04:11 AM
Wal-Mart Sees 1.1% Income Boost
Wal-Mart Stores Inc., the world’s biggest chain of retail stores, has recently reported on its financial performance in Q1 2013. The report seems to have match analyst expectations.
Publication date: 17 May 01:22 PM
Facebook: Consequences of Last Year’s IPO
It’s been almost 12 months since Facebook’s IPO. Most investors are still pondering whether they made a mistake by investing in Facebook’s stock. Some experts say that this was one of the most significant IPOs in the 21st century. However, many investors eventually suffered major losses since the IPO wasn’t successful.
Publication date: 17 May 01:10 PM