Commodities snapshot (precious & industrial)
Mar 08, 2016 15:10 pm UTC| Commentary
Metal pack is down today. Performance this week at a glance in chart table - Gold - Gold is facing heavy inflows, heaviest since 2010. Todays range $1263-1278 Gold is currently trading at $1265/troy ounce. Immediate...
Is the drop in Hungary's industrial output only temporary?
Mar 08, 2016 15:02 pm UTC| Commentary
Preliminary data from the Hungarian Central Statistical Office released on Monday showed that Hungarys industrial production growth slowed sharply at the start of the year. The working-day adjusted industrial production...
Currency snapshot (commodity pairs)
Mar 08, 2016 14:44 pm UTC| Commentary
Dollar index trading at 97 (-0.1%) Strength meter (today so far) - Aussie -0.08%, Kiwi -0.37%, Loonie -0.51% Strength meter (since last week) - Aussie +0.32%, Kiwi -0.73%, Loonie -0.37% AUD/USD - Trading at...
Extremely sluggish Feb trade data reinforces China slowdown fears
Mar 08, 2016 14:38 pm UTC| Commentary
China draft of the new Five-Year Plan presented at the National Peoples Congress over the weekend confirms that the growth target for 2016 will be 6.5-7% - down from the 7% target for 2015. It is interesting to note that...
Mar 08, 2016 14:19 pm UTC| Commentary
Equities are all mixed in todays trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded. Performance this week at a glance in chart table - SP 500 - SP 500,...
Currency snapshot (major pairs)
Mar 08, 2016 13:40 pm UTC| Commentary
Dollar index trading at 97.06 (-0.03%) Strength meter (today so far) - Euro +0.1%, Franc +0.23%, Yen +0.39%, GBP -0.40% Strength meter (since last week) - Euro +0.25%, Franc +0.02%, Yen +0.65%, GBP -0.13% EUR/USD...
Goldman Sachs calls commodity rally unsustainable
Mar 08, 2016 12:45 pm UTC| Commentary
Despite big gains recently, biggest US investment bank is calling the current commodity rally unsustainable and rout not to be over with. Since January and early February bottom, almost all commodities have rallied...
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