Daily Archives: December 4, 2018

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

Posted on December 4, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.12% against the USD and closed at USD53.18 per barrel, on US-China trade war truce and after the Russian President, Vladimir Putin and Saudi Crown Prince, Mohammed … Continue reading →

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Silver: White metal trading on a stronger footing this morning

Posted on December 4, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.77% against the USD and closed at USD14.47 per ounce, tracking gains in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.52, with silver … Continue reading →

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AUD/USD: RBA kept its interest rate unchanged at 1.50%, as widely expected

Posted on December 4, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD marginally declined against the USD and closed at 0.7356. LME Copper prices rose 1.1% or $69.0/MT to $6307.0/MT. Aluminium prices rose 2.5% or $47.5/MT to $1982.5/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s manufacturing PMI climbed in November

Posted on December 4, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3199. On data front, Canada’s manufacturing PMI advanced to a level of 54.9 in November, compared to a level of 53.9 … Continue reading →

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USD/CHF: Switzerland’s SVME manufacturing PMI surprisingly advanced in November

Posted on December 4, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CHF and closed at 0.9980. On the macro front, Switzerland’s SVME manufacturing PMI unexpectedly climbed to a level of 57.7 in November, defying market expectations … Continue reading →

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USD/JPY: Japanese Yen trading higher in the Asian session

Posted on December 4, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD traded flat against the JPY and closed at 113.60. In the Asian session, at GMT0400, the pair is trading at 113.32, with the USD trading 0.25% lower against the … Continue reading →

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GBP/USD: UK’s manufacturing sector expands beyond expectations in November

Posted on December 4, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2726, amid continuing Brexit concerns. Data indicated that UK’s manufacturing PMI advanced to a level of 53.1 in November, notching its … Continue reading →

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EUR/USD: Euro-zone’s manufacturing PMI dropped to a 27-month low level in November

Posted on December 4, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR slightly rose against the USD and closed at 1.1355. Macroeconomic news indicated that the Euro-zone’s final manufacturing PMI declined to 51.8 in November, marking its lowest level since August … Continue reading →

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