Market News

Key information updates for profitable trading

Crude sits close to half-year minimums
Crude sits close to half-year minimums

On Friday, crude prices kept to six-month minimums, held down by an everlasting supply overhang, persisting notwithstanding an OPEC-led effort to reduce output and also prop up crude markets…

Gold ascends moderately in Asia
Gold ascends moderately in Asia

On Friday, gold gained moderately in Asia, with market sentiment subdued following the Fed rate lift as well as wavering fortunes for the greenback with traders focused on whether the Trump Administration is capable of getting back on track with its tax…

GBP/USD moves down on UK data
GBP/USD moves down on UK data

On Thursday, the British pound decreased versus the greenback, suppressed by the publication of dismal British retail sales data…

Oil is narrowly mixed in Asia
Oil is narrowly mixed in Asia

On Thursday, oil was narrowly mixed in Asia, with market participants observing a steady drumbeat of bearish supply news overwhelming statements from OPEC as well as allies led by Russia that output drops through March of 2018 are actually working their…

Gold goes down in Asia after Fed lift
Gold goes down in Asia after Fed lift

On Thursday, gold dived in Asia as a widely expected interest rate lift by the Fed provided room for caution, though the major American currency failed to respond steeply providing room for support…

Greenback nurses losses on weak US data
Greenback nurses losses on weak US data

On Thursday, the evergreen buck nursed losses, following dismal American inflation data, which left traders wondering if the US major bank would be able to follow up its latest rate lift with another later in 2017…

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