OIL: back to the rising curve?
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?
Gold heads north in Asia as American shutdown weighs on greenback views
On Monday, gold added moderately in Asia, with the market waiting for word on a probable deal for a Senate vote to cope with the American government shutdown, which has weighed on the evergreen buck and drove interest in greenback-denominated commodities, including gold.
February delivery gold futures added 0.03% being worth $1,333.50 a troy ounce in New York.
On Saturday, the American government shutdown managed to extend into the new week with all, although crucial services curbed as well as many of the regularly schedule data announcements probably postponed if the inability to ensure stopgap funding remains.
The Bank of Japan opens a two-day monetary policy gathering with the verdict on Tuesday awaited for any indications that the aggressive easing stance could be ceased in 2018.
Market participants are going to be focused on the result monetary policy gatherings by the European Central Bank and fourth quarter surge from both American and Great Britain.
Similar
The oil market struggle: will the crude oil inventories help?
The oil prices experienced significant losses amid the US-Iran tensions at the beginning of the year. What's next?
GOLD: bullish move on US-Iran conflict escalation
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
Latest news
NETFLIX stock: overvalued or not?
Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Will the BOC bring a challenge to the CAD traders?
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
OIL: back to the rising curve?
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?
Deposit with your local payment systems
