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Gold and Oil Markets Report – 15 Oct 2018

Gold prices traded higher after Dollar receded toward weekend. This week, we reckon the market will stay on firm sentiment with support emerging at USD1210 /oz area. The bulls may take another leap... (Read more)

DAR WongMon, 15 Oct 2018 12:00 am
Dow Jones Benchmark Falls in Correction

Fundamental Outlook   The U.S. Dow Jones benchmark falls from 26,400 to 25,000 level last week following the comment from IMF official. China persists in rising trade surplus amid to... (Read more)

DAR WongMon, 15 Oct 2018 12:00 am
Gold and Oil Markets Report – 8 Oct 2018

Gold prices closed slightly above USD1200 /oz on Friday and rattled into tight range trading. Overall market sentiment has not changed as the trading activity takes control from USD1180 – USD... (Read more)

DAR WongMon, 08 Oct 2018 12:00 am
U.S. Payroll Slumps Despite Jobless Rate at Lowest since 1969

Fundamental Outlook   The U.S. jobs opening fall despite unemployment rate at 49-year low record. Trump administration reaches a trade deal with Canada and Mexico rebranded under USM... (Read more)

DAR WongMon, 08 Oct 2018 12:00 am
Gold and Oil Markets Report – 1 Oct 2018

Gold prices fell from USD1200 /oz top to USD1180 /oz region last week. Market is encountering the selling pressure after rate hike and looking for a directional headway. This week, we reckon the in... (Read more)

DAR WongMon, 01 Oct 2018 12:00 am
Federal Reserve Raises 25 Basis Point Rate

Fundamental Outlook   The U.S. Federal Reserve hikes 25 basis points and signals another hike will come before year-end. American GDP grows 4.2 percent in improvement.  The mone... (Read more)

DAR WongMon, 01 Oct 2018 12:00 am
Gold and Oil Markets Report – 24 Sep 2018

Gold prices have been trading in sideways trend as we forecast. Small buying demand is seen due to the gradual falling of Dollar Index (USDX) but majority interest still prefers to watch the FOMC o... (Read more)

DAR WongMon, 24 Sep 2018 12:00 am
Britain Sets to Leave EU in 2019

Fundamental Outlook   The U.S. slaps trade tariff on China and threaten to add more tension into market. Dow Jones closes at record high as traders push the major stocks higher. Chin... (Read more)

DAR WongMon, 24 Sep 2018 12:00 am
Gold and Oil Markets Report – 10 Sep 2018

Gold prices traded in very tight range without directional trend while Dollar still remains stagnated. Some recovery in yellow metal is mostly due to technical recovery but limited at USD1210 /oz l... (Read more)

DAR WongMon, 10 Sep 2018 12:00 am
American Payroll May Spur Rate Hike

Fundamental Outlook   The U.S. payroll rises in confidence with strong gains in hourly earnings, sparking expectation of another rate hike in end September. President Trump shocks th... (Read more)

DAR WongMon, 10 Sep 2018 12:00 am
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