Technical Analysis, November 24th — November 28th

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of November 22nd, 2014:…

Interest Rate Cut by China’s Central Bank Shocks Markets

The People’s Bank of China made a surprise move today, cutting its interest rates in an effort to boost economic growth. The announcement had tremendous impact …

Gold’s Rally Limited by Dollar, Soybeans Extend Losses

Gold rose a bit together with other precious metals today, but gains were limited. The metal is supported by the upcoming referendum in Switzerland regarding …

Nickel & Rubber Advance on Supply Outlook

Nickel rose today, heading to a weekly gain, as Indonesia reaffirmed the ban on ore exports. The biggest producer of mined nickel ore instituted export restrictions to promote …

US Data Drives Gold Down, Crude Oil Up; Natural Gas Joins Rally

Today’s economic data from the United States was fairly good, driving gold and other precious metals down. By the same token, it allowed crude …

China’s & Europe’s PMIs Miss Expectations, Copper & Oil Slide

Private data about China’s manufacturing came out from Europe today as well as various PMI figures. Almost all figures were disappointing, missing …

Oil Declines on Bearish Supply Report

Crude oil fell at the start of Wednesday’s trading session due to an unfavorable supply report from the American Petroleum Institute. The API reported that …

Corn Falls, Soybeans Rise After USDA Report

Corn rose today following the earlier decline, which was a result of the report that the record harvest was near completion. The US Department of Agriculture

Gold Rallies as Central Banks Expand Reserves

Gold rallied today, climbing to the highest level in two weeks. The European Central Bank said that it may use unconventional methods, including …

Japan in Recession, Copper & Crude Oil Decline

Crude oil and copper declined today as Japan’s economy made an unpleasant surprise for traders, slipping into recession. Japan’s gross domestic product dropped 0.4


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