Daily Archives: February 15, 2019

Crude Oil: Oil trading higher, ahead of Baker Hughes weekly rig count data

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.93% against the USD and closed at USD54.46 per barrel, amid expectations that the US will extend its deadline for implementing additional tariffs on Chinese goods. In … Continue reading

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Silver: White metal reverses its gains this morning

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.16% against the USD and closed at USD15.59 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.54, with silver trading 0.29% lower against the … Continue reading

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Gold: Yellow metal trading marginally lower in the morning session

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.44% against the USD and closed at USD1315.70 per ounce. In the Asian session, at GMT0400, the pair is trading at 1315.40, with gold trading slightly lower against the … Continue reading

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AUD/USD: Aussie reverses its gains in the Asian session

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD rose 0.25% against the USD and closed at 0.7104. LME Copper prices rose 1.0% or $58.5/MT to $6178.5/MT. Aluminium prices declined 0.6% or $11.0/MT to $1829.0/MT. In the Asian … Continue reading

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USD/CAD: Canada’s manufacturing shipments surprisingly declined in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3295. Data indicated that Canada’s manufacturing shipments unexpectedly fell 1.3% on a monthly basis in December, confounding market consensus for an … Continue reading

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USD/CHF: Switzerland’s producer and import price index fell more-than-estimated in January

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CHF and closed at 1.0049. In economic news, Switzerland’s producer and import price index declined 0.5% on an annual basis in January, higher than market … Continue reading

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USD/JPY: Japan’s industrial production dropped in December

USDJPY Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the JPY and closed at 110.48. Data showed that Japan’s final industrial production fell 1.9% on an annual basis in December, confirming the preliminary print. In … Continue reading

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GBP/USD: UK’s consumer price inflation slowed to a two-year low level in January

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP declined 0.34% against the USD and closed at 1.2850, after UK’s consumer price inflation (CPI) slowed to a two-year low level of 1.8% on a yearly basis in January, … Continue reading

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EUR/USD: Euro-zone’s economic growth slowed in 4Q 2018

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR rose 0.33% against the USD and closed at 1.1296. On the macro front, the Euro-zone’s seasonally adjusted final gross domestic product (GDP) rose 0.2% on a quarterly basis in … Continue reading

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