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Wednesday, 22 May 05:15 (GMT -05:00)


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Stock and commodities markets

Gold Market Shows Instability


 

Gold prices declined yesterday after Ben Bernanke’s speech in the US Senate. The FRS Chairman didn’t mention any plans of economic stimulation.

 

 

 

 
Gold has slightly recovered from yesterday’s weakness, mainly due to a weaker dollar.
 
This morning (GMT) the gold futures contract for August delivery appreciated by 0,70%, thus reaching $1581,80/oz. At the same time the US Dollar index (USD against a basket of 6 other major currencies) dropped 0.13% down to 82.88.
 
Now speculators are waiting for today’s US economic stats to influence gold prices.
 
It should be noted that gold appreciated by 10% in 2011. The rally started in 2000 has been the longest one in the market of gold since 1920. In June 2012, gold appreciated by 2.8% but depreciated by 4% in Q2 2012.
 
According to Masterforex-V Academy, so far, gold has failed to come up to buyers’ expectations. Therefore, it is time to consider an alternative scenario. Therefore, we may see the price going down to 1554-1547.

 

 

 

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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

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