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Learn-how-to-trade-pros.blogspot.com news digest

  • 8 years

    Copper, Oil Prices Ignore Upbeat China PMIs; Gold Posts Huge Gain

    Copper, Oil Prices Ignore Upbeat China PMIs; Gold Posts Huge Gain
    Gold prices have gained 16 percent since the start of January and headed for the largest quarterly advance since 1990. Gold’s status as a store of value and safe have asset attracted capital flows during turbulent markets as seen in the first quarter...

  • 8 years

    Copper Price Halts Decline, Oil Price Rally Gives Rise to Caution

    Copper Price Halts Decline, Oil Price Rally Gives Rise to Caution
    Oil prices rallied on a second day on the back of a mild retreat in the USD and a surprised draw in U.S. inventories. Crude inventories fell by 4.9 million barrels last week, according to data from the Energy Information Administration on Wednesday....

  • 8 years

    Oil Price Holds Gains and Gold Price Sets for Weekly Advance

    Oil Price Holds Gains and Gold Price Sets for Weekly Advance
    Oil prices steadied near yesterday’s high of $38.30 thanks to demand optimism following firm economic indicators from the United States and Germany. This bullish sentiment held through to the Asian afternoon, although these encouraging signs could hardly...

  • 8 years

    Aussie Dollar Selloff May Continue on Jobs Data, Risk Aversion

    Aussie Dollar Selloff May Continue on Jobs Data, Risk Aversion
    Are you making this common mistake trading the Australian Dollar?
    The Australian Dollar turned sharply lower against its leading counterparts last week, issuing the largest weekly decline in three months. The way forward may continue to prove challenging as external and domestic news-flow conspires to feed selling...

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