Archive for the Category ‘Uncategorized’

Australian Dollar Stable as Home Loans Slow, Investment Lending Rises

Australian Dollar Stable as Home Loans Slow, Investment Lending Rises

The Australian dollar was relatively unchanged after May reports of Australia’s housing data. A recovery in investment lending for real estate was countered by weaker housing loans.

Gold Forecast prices remained bullish

Gold Forecast prices remained bullish

MUMBAI, July 09  Gold Forecast prices remained bullish this week and rallies strongly  gaining 3.80 percent to $1544.00 from $1487.43  ensuring that the precious metal prices would not close below $1500 for the second consecutive week.  Although Bullion continues to trade off of its all-time high of $1577.40, which it reached back on May 2, its clear that [...]

Gold Trading | Gold minor price rally ends and begins its downward move

Gold Trading | Gold minor price rally ends and begins its downward move

MUMBAI, July 01  Gold Trading prices slipped by Rs 120 to Rs 22,320 per 10 grams yesterday, after a two-day rise, on sluggish demand amid a weak global trend. On the other hand, silver rose further by Rs 550 to Rs 52,700 per kg on increased offtake by industrial units and jewellery fabricators. Silver coins also [...]

UK House Prices Confirms Slowdown; Markets Continue Watching Greece

UK House Prices Confirms Slowdown; Markets Continue Watching Greece

The third major British real estate report confirmed a weaker residential housing market.

Second Report Confirms Weaker UK Housing, Traders Await CPI

Second Report Confirms Weaker UK Housing, Traders Await CPI

The second major British house prices data confirmed a weaker real estate sector in May and going into the historically weaker summer months.

Australian Home Loans Jump; Markets Still Pricing in Bernanke Comments

Australian Home Loans Jump; Markets Still Pricing in Bernanke Comments

Although a higher than expected home loans growth rate restored some hope for the weakening Australian real estate market, the Australian dollar continues its morning decline as equity markets fall, hinging on Chairman Bernanke’s tepid remarks on the US economy.

Dollar Regains Footing Amid Thin Holiday Trade- Data on Tap

Dollar Regains Footing Amid Thin Holiday Trade- Data on Tap

The US Dollar strengthened against all of its major counterparts amid thin holiday trading. The euro saw continued weakness after at second failed attempt at the 1.43-handle in overnight trade.

Australian dollar closes stronger

Australian dollar closes stronger

Local unit lifts on US dollar weakness. 27 May 2011 6:54 PM

Gold ETF Call | Gold prices creep back above $US1500

Gold ETF Call | Gold prices creep back above $US1500

MUMBAI, May 10  Gold contract, for June delivery, rose $US11.60, or 0.8 per cent, to settle at $US1503.20 a troy ounce on the Comex division of the New York Mercantile Exchange. Gold ETF had lost 4.8 per cent last week through Thursday before stronger US non-farm payrolls renewed concerns that rising consumer and producer prices [...]

UK Real Estate Prices Fall Less than Expected, Pound Weakness Continues

UK Real Estate Prices Fall Less than Expected, Pound Weakness Continues

British RICS Real Estate Index for March reported lower, but beats estimates for March.