Brent Arrests Slide as WTI Spread Widens - February 13, 2013 1:39

Brent Crude prices reversed a two-day slide that began last Friday after coming within sight of $120 per barrel on short-term inflation expectations.  In doing so the spread between it and West Texas Intermediate Crude widened back above $20 per barrel.  The spread had narrowed considerably on the re-opening of the Seaway pipeline.  But traders […]

Forex Outlook for the Week Ending October 12th, 2012 - October 9, 2012 23:49

Significant economic events which could substantially affect the trading of currencies and forex markets for the week ending October 12th, 2012 are as under: On Monday, October 8th, 2012, Germany reported its official figures on trade balance, imports, exports and current account along with data on industrial production. In euro zone, data on Sentix investor […]

Forex Outlook for the Week Ending September 28th - September 26, 2012 23:48

Major economic events to affect the trading of forex markets and currencies trading for the week ending September 28th, 2012 are as follows: On Monday, September 24th, 2012, data on IFO business climate, expectations and current assessment was reported in Germany. United States came up with data on manufacturing activity while US Federal Reserve’s official […]

Gold Declines ahead of ECB Meeting - September 6, 2012 23:59

Gold futures fell on Wednesday as investors had mixed opinions before the meeting of European Central Bank on Thursday. Investors are also keenly waiting of US jobs data due on Friday. Gold futures contract for December delivery fell 0.1 percent or $2 to settle at $1,694 per ounce on the Comex division of the New […]

Weekly Forex Outlook for the Period Ending September 7th, 2012 - September 5, 2012 5:06

List of major upcoming economic factors which could affect the forex markets for the week ending September 7th, 2012 are as under: On Monday, September 3rd, markets remained closed in United in observance of Labor Day while in euro zone, Italy, Germany and France reported their data on purchasing managers’ index for manufacturing sector while […]

Forex Outlook for the Week Ending August 31st - August 28, 2012 22:51

Weekly outlook of currencies’ trading and Forex markets for the week ending August 31st, 2012 are as below: On Monday, August 27th, 2012, data on Germany’s import price index, IFO expectations, IFO current assessment and IFO Business Climate was published. France reported net change in jobseekers data. In United States, Dallas’s Federal Reserve reported its […]

Forex Outlook for the Week Ending July 20th - July 18, 2012 23:44

Economic factor which could significantly affect the forex markets for the week ending July 20th, 2012 are as under: On Monday, July 16th, Italy reported its data on trade balance and general government debt while the euro zone region produced data on consumer price index and trade balance. In United States, data on retail sales, […]

Gold Futures Decline as ECB Cuts Interest Rate - July 6, 2012 23:58

Gold futures fell on Thursday in reaction to moves of the ECB and the Bank of England which created worries for global economy.  The European Central Bank announced reduction in the key interest rate while the Bank of England opted for further easing measures. Though the move of European Central Bank was highly anticipated by […]

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 […]