Daily Archives: December 1, 2017

Crude Oil: OPEC and allies extend oil production cuts by 9 months

Posted on December 1, 2017 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.07% against the USD and closed at USD57.34 per barrel. However, losses in crude prices were limited, after the Organisation of the Petroleum Exporting Countries (OPEC) and … Continue reading →

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Silver: White metal trading marginally lower in the Asian session

Posted on December 1, 2017 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.69% against the USD and closed at USD16.48 per ounce, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 16.47, with silver … Continue reading →

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Gold: Yellow metal trading a tad higher in the morning session

Posted on December 1, 2017 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.75% against the USD and closed at USD1277.60 per ounce, as a rally in US equities, following upbeat economic releases, reduced demand for the precious yellow metal as an … Continue reading →

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AUD/USD: Australia’s manufacturing sector activity accelerated in November

Posted on December 1, 2017 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.18% against the USD and closed at 0.7558. LME Copper prices rose 0.1% or $4.5/MT to $6761.0/MT. Aluminium prices declined 1.4% or $29.0/MT to $2033.0/MT. In the Asian … Continue reading →

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s GDP data

Posted on December 1, 2017 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.2896. In the Asian session, at GMT0400, the pair is trading at 1.2876, with the USD trading 0.16% lower against the … Continue reading →

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USD/CHF: Swiss economy expanded as expected in 3Q 2017

Posted on December 1, 2017 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9841. Macroeconomic data revealed that Switzerland’s seasonally adjusted gross domestic product (GDP) rose 0.6% on a quarterly basis in the three … Continue reading →

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USD/JPY: Japan’s annual inflation slowed as expected in October

Posted on December 1, 2017 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.6% against the JPY and closed at 112.65. In the Asian session, at GMT0400, the pair is trading at 112.54, with the USD trading 0.1% lower against the … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of UK’s manufacturing PMI

Posted on December 1, 2017 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP rose 0.81% against the USD and closed at 1.3522, following news that the European Union leaders are set to offer a two-year Brexit transition deal as early as January … Continue reading →

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EUR/USD: Euro-zone’s October unemployment rate dipped to its lowest in nearly 9 years, annual inflation came in weaker-than-expected in November

Posted on December 1, 2017 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.38% against the USD and closed at 1.1897, after robust jobs data in the Euro-zone boosted investor sentiment. The Euro-zone’s unemployment rate surprisingly declined to 8.8% in October, … Continue reading →

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