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Tuesday December 2: OSB Daily Technical Analysis – Commodities

December 2nd, 2014 (0)
OSB Daily Technical Analysis for December 2, 2014 Highly volatile trading session for Gold which had a $79.00 swing intraday on Monday. Gold appears well supported in the $1140-50 area for now and does not appear ready to go ...

Gold Retreats From Five-Week High on Outlook for Stronger Dollar

December 2nd, 2014 (0)
Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped. Bullion for immediate delivery declined as much ...

Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides

December 1st, 2014 (0)
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...

Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion

December 1st, 2014 (0)
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...

China’s Stocks Head for Biggest Weekly Gain in Three Years

November 28th, 2014 (0)
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...

Asia shares edge higher, oil tumbles to four-year low

November 27th, 2014 (0)
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...

Aussie Near 4-Year Low as Lowe Says It May Weaken; Won Advances

November 26th, 2014 (0)
Australia’s dollar traded 0.3 percent from a four-year low after central bank Deputy Governor Philip Lowe said yesterday the currency will probably depreciate in line with commodity export prices. The yen was near the weakest level in seven years ...

European Bonds Gain With Stocks as Aussie, Kiwi Decline

November 25th, 2014 (0)
Bonds rose and European stocks gained for a third day on prospects for more stimulus as inflation slows. Brent crude traded near a four-year low before a meeting of oil exporters and currencies from commodity-producing nations weakened. Spain’s 10-year ...

Yen Strengthens on Kuroda Comments as Energy Stocks Slip

November 25th, 2014 (0)
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...

Stocks Rise With Oil After China Rates as Euro Falls

November 21st, 2014 (0)
Global stocks climbed, and oil and metals gained after China cut interest rates. The euro weakened and bonds in the region rose after Mario Draghi said the European Central Bank must drive inflation higher. The MSCI All-Country World Index advanced 0.2 percent at 11:21 a.m. ...
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