Market Review, April 03, 2012

The Euro began the second quarter in 2012 with a weakening of the dollar and the yen on Monday as weak manufacturing sector data signaled a growing Europe the differences between remote outlook of the US economy with the European zone.

The price of gold goes up, due to the action of technical buying and moving in the range of $ 1,680 per ounce, supported by technical factors and a rise in oil prices and the stock exchange.

Oil rises more than 2% over the data AS positive and delays to cargo load bongkat North Sea oil impact beat disappointing data from Europe.

Wall street began the day first trade in months and this quarter with a slight increase in the manufacturing sector data, after a better than expected from the u.s. and China to help ease the anxiety about a recession in the European zone.

Economic Data today is non-manufacturing PMI from China, retail sales from Australia, Average cash earnings from Japan, interest rate decisions and statements of the RBA, construction PMI from United Kingdom, GDP and the PPI of the European zone, factory orders, the FOMC meeting minutes.

EUR/USD 1.3321, 1.3380 closing high, low, 1.3276 XAUUSD C:1677.15, H:1683.40, L:1663.40, CO-S c: 116.16, H: 105.49 L: 102.06. Dow c: 13189, H: 13229, L:13082.

Read more »

Market Review, March 28, 2012

Dollar rose against the euro on Tuesday, ending the decline for the past 2 consecutive sessions along with the data from the US stimulus added anxiety by eroding the Federal Reserve. Gold prices stable near high level 2 weekend and the price of oil is relatively flat.

While Wall Street sets on the negative area made-up after traded flat throughout the session as investors took a break after the strong rally in the last session.

Economic Data today is RBA financial stability review, CPI of Germany, current accounts, the GDP of the United Kingdom, durable goods orders, crude oil inventories from the us.

EUR/USD closing 1.3317 1.3385, low, high, 1.3316 XAUUSD C:1681.85, H:1696.95, L:1679.95, CO-S c: 106.76, H: 107.73 L: 106.52. Dow c: 13124, h: 13245, L:13122.

Read more »

Market Review, March 16, 2012

Dollar plummeted on Thursday, with investors who choose to do the profit-taking, especially against the yen, which has touched a high level post reinforcement of almost 11 months for 6 weeks in a row.

Gold successfully recovered from the decline of nearly 2% on the previous session while oil prices almost flat after the White House denied reports that the US and the UK have committed to stuju oil reserves.

Standard & poor's 500 index broke through the level of 1,400 for the first time in nearly four years as the u.s. Stock Exchange continues to move consistently rising.

Economic Data today is the minutes of the BoJ meeting, the trade balance from the European zone, CPI, capacity utilization rate, industrial production, the University of Michigan consumer sentiment from the United States.

EUR/USD closing 1.3082, high, low, 1.3119 1.3002 XAUUSD C:1657.10, H:1666.55, L:1636.50, CO-S c: 105.41, H: 106.18 l: 103.78. Dow C: 13172, H: 13188, L:13098.

Read more »