Search Results for: Asian
Oil prices dip as rising U.S. output offsets OPEC-led cuts
January 27th, 2017
Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures LCOc1, the international benchmark for oil prices, ...
Elliott Wave Analysis: German DAX and EURUSD
January 25th, 2017
Elliott Wave Analysis: German DAX and EURUSD Finally, it happened, stocks are breaking out which has started yesterday during the US session so we expected the same to follow through in Asian and European session. We can see DAX ...
Asia Stocks Extend Global Rally on Growth Optimism: Markets Wrap
January 25th, 2017
S&P 500 Index climbs to record as commodity shares advance Australian dollar slides on weaker-than-expected inflation Stocks in Asia joined a global equities rally as corporate results reignited investors’ optimism in economic growth. A surge in commodities prices bolstered ...
Dollar Declines, Gold Gains With Industrial Metals
January 23rd, 2017
Yen climbs as traders react to Trump’s first days in office Japan’s Topix falls while Shanghai, Taiwan equities advance The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth ...
Gold – a primer for 2017
January 22nd, 2017
You know when to buy gold: it’s when nearly every trader and commentator tells you that gold is going lower and you should sell it. This is Harry Dent on 10th January: “I still see gold landing somewhere between ...
Gold Falls With Yen as Haven-Asset Flight Eases: Markets Wrap
January 18th, 2017
Asian emerging-market currencies rise on dollar weakness Yen retreats as the currency ends seven days of strength The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and ...
Oil prices mixed on Saudi commitment to cut output, investor scepticism
January 17th, 2017
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be ...
Gold and Yen Extend Rallies on EU, Trump Concerns: Markets Wrap
January 17th, 2017
May said ready to announce U.K. will leave EU single market IMF lifts its growth forecast for China to 6.5% in 2017 Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move ...
SGX welcomes Samurai 2K Aerosol to Catalist
January 16th, 2017
Singapore Exchange (SGX) today welcomed Samurai 2K Aerosol Limited (“Samurai 2K”) to Catalist under the stock code “1C3”. Established in 1997, Samurai 2K is a Malaysia-based aerosol coating specialist with a focus on high performance coating solutions for the ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...