By Jasper Lawler, LCG Reseacher A quick summary of key global dynamics that could change in 2018. We discuss politics, economics, central banks, markets and the potential impact on market pricing. Topics include Bitcoin, FAANG stocks, inflation and gold. (Geo) Politics A Tory Party leadership contest Theresa May lived up...
Read MoreGold prices edged lower in early trade on Tuesday, as investors sold the yellow metal to lock in profits following the nearly one percent gain in the previous session. Comex gold futures slipped around $4.00, or 0.3%, to $1,277.33 a troy ounce by 3:45AM ET (0845GMT). The...
Read MoreYen slides, oil gains on Saudi purge By Ipek Ozkardeskaya, Senior Market Analyst LCG The week kicked off with limited appetite for stocks on news that Saudi’s billionaire Prince Alwaleed bin Talal, one of the world’s biggest investors, has been arrested in an anti-corruption purge in Saudi...
Read MoreThe Aussie dropped in Asia on Friday on disappointing retail sales as markets gear up for nonfarm apyrolls in the U.S. later in the day. In Australia, retail sales for September came in flat, compared to a 0.4% gain seen, while that gained 0.1% for the third quarter,...
Read MoreBy Shinichi Saoshiro The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday, sagging ahead of a U.S. tax bill that will be unveiled after a one-day delay. The dollar slipped 0.25 percent to 113.920 yen. It had...
Read MoreFed, ADP data & FB earnings in focus By Ipek Ozkardeskaya, Senior Market Analyst LCG Nikkei rallied (+1.86%) in Tokyo, as Sony soared by 11.44% after announcing a record profit forecast. European markets took over a bullish market from Asian traders. The FTSE 100 (+0.43%) opened upbeat, as...
Read MoreEnergy stocks rally, BoJ stands pat By Ipek Ozkardeskaya, Senior Market Analyst LCG Energy stocks surged by 1.76% in London, led by a rally in BP stocks (+3.27%) after the company announced to buy back shares that have been issued to help covering a part of losses...
Read MoreThe dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news that investigators probing Russian interference in the U.S. election had charged President Donald Trump’s former campaign manager. The yen showed limited reaction after the Bank of Japan kept its...
Read MoreBusy week for USD, GBP traders By Ipek Ozkardeskaya, Senior Market Analyst LCG The pound started the week on a positive note. Cable gained ground above the 100-day moving average (1.3115) in Asia, after having plunged to 1.3069 on Friday due to aggressive USD purchases following the...
Read MoreGold prices gained in Asia on Monday with sentiment upbeat and the market well supported as recent dollar gains were taken in stride and demand cues in the physical markets were eyed ahead of end of the year holidays. Gold futures for December delivery edged up...
Read More
English
简体中文
