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Gold and Oil Markets Report – 26 June 2017

Gold prices reached our predicted low at USD1240 /oz before turned up last week. Market is bound to recover in coming week but with some limitation. We foresee the support will emerge at USD1245 &n... (Read more)

DAR WongMon, 26 Jun 2017 12:00 am
American Home Sales in Growth Pace

Fundamental Outlook   The U.S. current deficits widens on quarterly comparison but home sales maintains growth pace. Germany keeps the manufacturing in steady pace while services shrinks.... (Read more)

DAR WongMon, 26 Jun 2017 12:00 am
Gold and Oil Markets Report – 19 June 2017

Gold prices headed down for correction as we predicted last week. Trend approached the USD1250 /oz before weekend but slowdown in selling activity is noticed. This week, we reckon the trend will be... (Read more)

DAR WongMon, 19 Jun 2017 12:00 am
U.S. FED Hike Rates by 25 BP Again

Fundamental Outlook   The U.S. Federal Reserve raises interest by 25 basis points for the second time this year. Bank of Japan and Bank of England remains unchanged in monetary policy. Ch... (Read more)

DAR WongMon, 19 Jun 2017 12:00 am
Gold and Oil Markets Report – 12 June 2017

Yellow metal hit double-top formation last week at USD1296 /oz before market slid. Middle East and UAE countries severe diplomatic ties and transport links with Qatar on last Monday pursuant to its... (Read more)

DAR WongMon, 12 Jun 2017 12:00 am
U.K. Conservative Party Fails to Secure as Government

Fundamental Outlook   The U.S. is facing ordeal as President Trump faces the investigation on his supposed collusion to Russians. European Central Bank is ready to extend stimulus as the ... (Read more)

DAR WongMon, 12 Jun 2017 12:00 am
Gold and Oil Markets Report – 5 June 2017

Gold prices surged confidently on Friday and closed at USD1278 /oz despite weakening payroll. Technically speaking, we foresee the trend may climb higher this week as short-covering may begin soon.... (Read more)

DAR WongMon, 05 Jun 2017 12:00 am
U.S. Withdraws from Paris Climate Treaty

Fundamental Outlook   The U.S. President Trump pulls out from Paris Climate Treaty and sparks unhappiness from Eurozone partners. American payroll fails to meet the forecast and reveals g... (Read more)

DAR WongMon, 05 Jun 2017 12:00 am
Gold and Oil Markets Report – 29 May 2017

Gold prices broke the resistance and settled at USD1266 /oz on Friday. This week, the trend might climb higher if it could stand firm above USD1245 /oz level. Ascension target aims at USD1290 /oz i... (Read more)

DAR WongMon, 29 May 2017 12:00 am
G7 Summit Pushes for Paris Climate Deal with Trump

Fundamental Outlook   The U.S. President Trump visits NATO and attends G7 Summit for his first foreign visit after sworn-in to office. Moody’s downgrades China but meets rejection. ... (Read more)

DAR WongMon, 29 May 2017 12:00 am
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