Above-average winter rain forecast for the east-coast grain belt…CBOT wheat (Jul 13) fell heavily in Asian trade yesterday, pressured by better-than-expected US planting progress last week, Continue Reading… China lifts April world iron outputCommodity prices finished lower as the US dollar strengthened on speculation that the US Federal Reserve may scale back asset purchases. Continue Reading… Nikkei 225 Technical OutlookNikkei 225 has broken the rising trend up. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. Continue Reading… ASX 200 Technical OutlookSydney shows a strong development within a rising trend channel. A further positive development is indicated, Continue Reading… Hang Seng Technical OutlookHang Seng has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Continue Reading… Gold Technical ResearchGOLD: The $1404.3 resistance level confirmed its significance with gold stalling ahead of this level to start the week before dipping back towards initial support on Tuesday. Continue Reading… Voting Fed members take dovish tone on QEEuropean shares rose to fresh five-year highs on Tuesday supported by a slew of upbeat corporate reports. Continue Reading… US Stock Market Closing CommentThe major averages posted moderate gains in the session. The Dow Jones Industrial Average was up 52 points to 15,387, Continue Reading… Gold & Silver MarketwatchGold eased overnight, opening at 1375.75/1376.75, before drifting to an intraday low of 1359.25/1360.25 as equities improved. Continue Reading… US Stock Market Midday CommentThe major averages are higher in midsession action after a brief dip into the red. The Dow Jones Industrial Average is up 49 points to 15,384, Continue Reading… |