Gold

The markets were trading muted on Monday with the U.S. market closed on account of a bank holiday. The USD index eased back on the day, extending the declines for the third consecutive session. In the early Asian session, the Reserve… Read More

The U.S. dollar was seen easing back after briefly rising to a two month high. Economic data on the day was dominated by news about President Trump declaring a national emergency to fund the building of the border wall with Mexico. The… Read More

Gold The yellow metal saw further consolidation this week, remaining within the range of the last two weeks as a lack of catalysts kept trading very muted. Despite a stronger US Dollar over the week, gold prices were able to remain… Read More

Trade balance figures from China showed a somewhat better picture compared to the expectations. Data for January showed that exports in dollar-denominated terms rose 9.1% during the month while imports fell 1.5%. This left the trade surplus… Read More

The U.S. dollar recovered from the losses from Wednesday led by slightly better inflation report and budget deficit narrowed to $13.5 billion year on year from $23.2 billion. On the economic front, data from the UK showed inflation fell… Read More

The USD eased back on Tuesday as investors grew cautious about the U.S. and China trade talks which entered the second day. The parties are focusing on producing an outline for the agreement which could be then signed off by the respective… Read More

Despite the dovish shift at the Fed’s first policy meeting of the year, which weighs on USD, a resurgence in concerns regarding US / China trade relations sees the USD strengthen sharply on still inflow. EUR, meanwhile, remains under… Read More

Gold The yellow metals conceded some of its recent gains this week, falling back despite a renewal in concerns around the health of the ongoing trade talks between the US and China. President Trump announced this week that he will not… Read More

The U.S. dollar was seen maintaining the bullish gains for the sixth consecutive day. The markets were seen trading mixed on the day. The Bank of England held its monetary policy meeting yesterday. The central bank left interest rates… Read More

Data from the Eurozone continued to disappoint. However, the final services PMI ticked higher, rising to 51.2 which beat estimates of an unchanged print at 50.8 from the month before. However, retail sales fell 1.6% on the month in… Read More