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Gold and Oil Markets Report – 13 Aug 2018

Gold prices consolidated on the downside range amid tight movement last week. This week, we foresee not much change in market movement while it is contained from USD1200 – USD1225 /oz range. ... (Read more)

DAR WongMon, 13 Aug 2018 12:00 am
Turkish Lira Tumbles amid New U.S. Tariffs

Fundamental Outlook   The U.S. stays put in inflation growth after producer prices and consumer prices matched forecast. President Trump imposes new tariffs on Turkey and bludgeons L... (Read more)

DAR WongMon, 13 Aug 2018 12:00 am
Gold and Oil Markets Report – 6 Aug 2018

Gold prices weakened last week to USD1204 /oz as Dollar Index (USDX) rose to 95.00 benchmark. Yellow metal almost reached major support at USD1200 /oz while settled near to this low on Friday. Tech... (Read more)

DAR WongMon, 06 Aug 2018 12:00 am
Gold and Oil Markets Report – 30 July 2018

Gold prices traded in tight range throughout last week while settled near to support USD1220 /oz on Friday. Market is in fatigue without new demand but bargain-hunting will emerge very strongly at ... (Read more)

DAR WongMon, 30 Jul 2018 12:00 am
Facebook Triggers Biggest Single -Day Loss

Fundamental Outlook   The U.S. GFP grows at best record in past 4 years. Other data on housing growth and durable orders remain flat. American Nasdaq drops from recent record high af... (Read more)

DAR WongMon, 30 Jul 2018 12:00 am
Gold and Oil Markets Report – 23 July 2018

Gold prices have shown bargain-hunting below USD1220 /oz last week. The trend may be tight ranged in coming week from USD1220 - USD1250 /oz without high expectation. Generally, the yellow metal and... (Read more)

DAR WongMon, 23 Jul 2018 12:00 am
American Claims Decline to 48-Year Low

Fundamental Outlook   The U.S. retail sale and industrial production rise above expectation. Jobless claims decline to 48 years low despite housing number miss forecast. U.K. wanes i... (Read more)

DAR WongMon, 23 Jul 2018 12:00 am
Gold and Oil Markets Report – 9 July 2018

Gold prices recovered in mild sentiment last week. Strong job data on Friday might lift the market higher in coming week and offset trade worries. Technically, we foresee the trend is prone to reco... (Read more)

DAR WongMon, 09 Jul 2018 12:00 am
Stronger U.S. Payrolls Offset Trade Worries

Fundamental Outlook   The U.S. manufacturing and services indexes improve in both sectors. Payrolls increase and lifts stock market. China maintains in growth track as reported by Ca... (Read more)

DAR WongMon, 09 Jul 2018 12:00 am
Gold and Oil Markets Report – 2 July 2018

Gold prices have been falling for past 2 weeks after President Trump declared trade war against China and European countries. This week, we reckon the trend will recover due to short-covering in ma... (Read more)

DAR WongMon, 02 Jul 2018 12:00 am
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