Forex Outlook for the Week Ending June 15th - June 13, 2012 14:47

Major economic factors which could significantly impact the forex markets and currencies trading for the week ending June 15th, 2012 are as under: On Monday, France reported its data on industrial production and manufacturing production in the euro zone. Italy also reported its official figures on gross domestic product. United Kingdom came up with data […]

Forex Outlook for the Week Ending June 1st, 2012 - May 31, 2012 1:15

Significant economic events which could impact the currencies market and trading for the week ending June 1st, 2012 are as under: On Monday, May 28th, 2012, markets in United States remained closed in observance of the Memorial Day. In the euro zone, data on Italian business confidence was published while United Kingdom released its report […]

Forex Trading Outlook for the Week Ending May 11th, 2012 - May 8, 2012 23:58

Major factors and events that have a significant impact on the trading of the forex markets for the week ending May 11th, 2012 are as under: On Monday, May 7th, 2012, euro zone reported its Sentix Investor Confidence while in Germany data on factory orders was published. In United States, data on consumer credit was […]

Economic Events to Affect the Forex Markets - March 13, 2012 21:45

Major economic events that have a significant impact on forex markets for the week ending March 16th, 2012 are as under: On Monday, March 12th, 2012, Germany’s wholesale price index was reported in the euro zone while Italy reported its data on gross domestic product. In United States, monthly budget statement was published. United Kingdom […]

Economic Events to Affect the Forex Markets - February 28, 2012 23:31

Major economic events to affect the forex markets for the week ending March 2nd, 2012 are as follows: On Monday, euro zone reported data on producer prices in France along with data on Italian business confidence. Data on M3 money supply was also published in euro zone. In United States, data on pending home sales […]

Crude Oil Futures Gains as Worries over Global Supplies Escalate - December 28, 2011 23:54

Crude oil futures jumped on Tuesday to settle above $101 per barrel as investors remained uncertain over global crude oil supplies due to tensions in Iran. Moreover better than expected US consumer confidence data further helped the crude oil to appreciate. President of Prestige Economics, Jason Schenker commented, “The Iranian statements threatening a close of […]

Crude Oil Futures Jumps on Tuesday on Positive Demand Outlook - August 31, 2011 23:37

Crude oil futures gained on Tuesday as investors were optimistic about oil futures demand. The latest economic data also remained mixed, as the consumer confidence index declined to 44.5 for the month of August as compared to 59.2 in July. However Case Shiller home price index gained 1.1 percent. Crude oil futures contract for October […]

Gold Futures Recover on Tuesday after Three Consistent Bearish Trends - June 29, 2011 23:28

Gold futures gained on Tuesday and crossed the level of $1,500 per ounce as investors got optimistic for the base metals due to resolution for Greece’s sovereign debt crisis. Gold futures contract for August delivery gained 0.3 percent or $3.80 to $1,500.20 per ounce on Comex division of New York Mercantile Exchange. The respective contract […]