Once again, we are left to qualify the sincerity of investor sentiment. Wednesday’s session brought a clear advance in the appetite for risk; but considering the lack of a distinct trend for equities, crude and even progress on gold, it seems traders are still waiting.
Gold futures fluctuated after approaching a record high as a rebound in equity markets damped demand for the precious metal as a haven.
Stocks and U.S. index futures rose, erasing earlier losses, after improved demand for Portuguese and Polish bonds eased concern Europe’s debt crisis is worsening. Treasuries fell and gold traded near a record level
Hindustan Copper is in talks with the Karnataka-based Hutti Gold Mines to form a joint venture for reviving copper mining activities, which are abandoned by the state PSU almost a decade ago.
Without the usual government inventory report on Wednesday, crude oil will likely fluctuate on the usual suspects: equity market direction and the economic sentiment du jour.
Goldman Sachs Group Inc., BP Plc and Vitol Group number among dozens of companies that have met with the top U.S. commodity regulator in the last six weeks as the agency moves to implement the sweeping overhaul of the $615 trillion over-the-counter derivatives market.
Student’s Question: If we are looking at the chart, surely it’s nothing too difficult to identify whether the market is in range or trending condition since the chart is representing historical prices. But is there any way to know whether the market is going to be trending or range bound ahead of time
Dollar on the Verge of a Bearish Reversal as Support, Liquidity Dry Up Euro Forecast Turns Bullish on S&P 500 Rallies – Test of 1.30 Likely Japanese Yen: Currency Intervention Grows Ahead of BoJ Rate Decision British Pound May Rise With Stocks But Seasonal Factors, BOE Threaten Canadian Dollar Looks to BoC Rate Decision for Next Moves Australian Dollar May Gain Further on RBA Expectations, S&P Strength New Zealand Dollar Tracks Risk as Seasonal Forces Complicate Rebound Gold Continues to March Higher Despite Positive Speculative Lean
Goldman Sachs Group Inc. is disbanding its principal-strategies business, one of the groups that makes bets with the firm’s own money, to comply with new U.S. rules aimed at curbing risk, two people with knowledge of the decision said
Euro Usd trend forecast – Makes intermediate top at 1.29 reaction high.
US Dollar makes an intermediate bottom at 81.91 and rallies
Nifty futures makes an intermediate top at 5550 for the week 2010 Aug 27th
MCX Market tips | Crude futures to decline further to find support at USD 71.39 towards the weekend 28-Aug-2010
Dow Jones Index futures makes a lower intermediate top at 10,719 & commences a long term down move.
Mcx tips| Crude futures trading at support levels at USD 75.39 after making a lower intermediate top at 82.97
Gold futures trading at strong resistance levels of USD 1218.75 at 8/8 of Gann