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Trade Hopes Weigh on Gold

Despite some two way action, gold prices are ending the week in the red, as of writing. Earlier in the week, gold prices were weighed down by a firm recover in risk sentiment. It had improved in response to better relations between the US… Read More

Market Braces For ECB

CPI on Watch USD has been under pressure over the European morning on Thursday with the index softening from yesterday’s highs to trade 98.54 last as equities have enjoyed better levels. Though the datasheet for the US has been quiet over… Read More

OPEC Cuts Demand Forecasts

Crude has been knocked lower this week as worsening global conditions and a series of forecast downgrades have trumped the latest moves in inventories data. On Tuesday, the American Petroleum Institute reported a 7.23 million barrel… Read More