Daily Archives: September 5, 2018

Crude Oil: Oil trading higher ahead of API’s weekly crude inventories data

Posted on September 5, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.07% against the USD and closed at USD69.33 per barrel, amid a stronger US dollar and speculation of rising stockpiles at the Cushing, Oklahoma. In the Asian … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on September 5, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver declined 2.44% against the USD and closed at USD14.19 per ounce, tracking losses in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.20, with silver … Continue reading →

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Gold: Yellow metal trading higher in the Asian session

Posted on September 5, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold declined 0.79% against the USD and closed at USD1197.30 per ounce, amid broad strength in the greenback. In the Asian session, at GMT0300, the pair is trading at 1199.80, with … Continue reading →

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AUD/USD: Australia’s 2Q GDP growth beat estimates on robust domestic spending

Posted on September 5, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.42% against the USD and closed at 0.7181. LME Copper prices declined 2.2% or $128.0/MT to $5823.0/MT. Aluminium prices fell 2.1% or $43.5/MT to $2040.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing PMI dipped in August

Posted on September 5, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD and closed at 1.3178. In economic news, Canada’s manufacturing PMI dropped to a 4-month low level of 56.8 in August, following a reading of … Continue reading →

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USD/CHF: Swiss Franc reverses its losses in the morning session

Posted on September 5, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 0.9741. Data showed that Switzerland’s consumer price index (CPI) rose 1.2% on a yearly basis in August, at par with market … Continue reading →

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USD/JPY: Japan’s services PMI notches a 4-month high in August

Posted on September 5, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the JPY and closed at 111.48. In the Asian session, at GMT0300, the pair is trading at 111.50, with the USD trading slightly higher against the … Continue reading →

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GBP/USD: UK construction sector growth declined to a 3-month low in August

Posted on September 5, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.12% against the USD and closed at 1.2857, after Britain’s construction PMI fell more than expected in August. Data revealed that UK’s construction PMI declined to 52.9 in … Continue reading →

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EUR/USD: Euro-zone’s producer price inflation accelerated in July

Posted on September 5, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.29% against the USD and closed at 1.1583. On the macro front, the Euro-zone’s producer price index (PPI) advanced to 4.0% on an annual basis in July, boosted … Continue reading →

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