Follow GCI News
-
Recent Posts
- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
Post News
Daily Archives: May 16, 2014
Crude Oil: IEA projects a growth in global oil demand for 2014
Crude Oil Movement Crude Oil prices declined 0.33% against the USD for the 24 hour period ending 23:00GMT, closing at 101.60, as traders continued to mull the EIA’s latest weekly report that showed crude stockpiles in the US expanded as … Continue reading
Posted in Crude Oil
Comments Off
Silver: White metal continues to trade lower in the morning trading hours
Silver Movement Silver prices declined 1.42% to USD 19.51 per ounce during the 24 hours ending 23:00GMT, paring its yesterday’s gains on the back of strong demand-outlook. In the Asian session, at GMT0300, Silver is trading at 19.50, slightly lower … Continue reading
Posted in Silver
Comments Off
Gold: Precious metal regains some lost ground in the Asian session
Gold Movement Gold prices traded lower by 0.71% against the USD in the 24 hour period ending 23:00GMT, at 1296.10 per ounce, as the latest batch of strong employment and inflation data from the US economy dampened the safe-haven appeal … Continue reading
Posted in Gold
Comments Off
AUD/USD: Aussie reverses its losses in the morning session
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.15% against the USD to close at 0.9360. LME Copper prices declined 0.4% or $27.5/MT to $6949.0/MT. Aluminium prices fell 0.3% or $4.5/MT to $1753.0/MT. In the Asian … Continue reading
Posted in AUD/USD
Comments Off
USD/CAD: Interest rates to remain relatively low for a prolonged time, says BoC’s Lawrence Schembri
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD to close at 1.0873. In Canada, the Bank of Canada (BoC) Deputy Governor, Lawrence Schembri, indicated that, in order to push inflation upward to … Continue reading
Posted in USD/CAD
Comments Off
USD/CHF: Swiss producer and import prices fell unexpectedly in April
USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CHF and closed at 0.8907, as the latter lost ground after data showed that the Swiss producer and import price index fell by 0.3% (MoM) … Continue reading
Posted in USD/CHF
Comments Off
USD/JPY: Japan’s industrial production rose in March
USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 0.29% against the JPY and closed at 101.54, as the latest batch of soft economic releases from the Euro-zone economy lured investors to take refuge under the safe-haven … Continue reading
Posted in USD/JPY
Comments Off
GBP/USD: No interest rate hike until the UK economy is well able to withstand it, says BoE’s Broadbent
GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP 0.16% against the USD and closed at 1.6794. On Thursday, BoE’s Ben Broadbent acknowledged the fact that growth in the UK economy has gained momentum but at the same … Continue reading
Posted in GBP/USD
Comments Off
EUR/USD: Euro-zone GDP failed to meet market estimates while consumer prices came at par with consensus
EURUSD Movement For the 24 hours to 23:00 GMT, the EUR ended the day flat against the USD and closed at 1.3715, giving back its initial losses, triggered by downbeat Euro-zone GDP data. Data showed that the annualized preliminary Euro-zone’s … Continue reading
Posted in EUR/USD
Comments Off