Category Archives: Market Call Update
Support for Remain Campaign Surges as Pound Soars
BREXIT Support for Remain Campaign Surges as Pound Soars The latest opinion polls in the UK referendum on membership of the European Union (EU) have shown a reverse in recent trends, as most respondents said they wish to stay in the EU. The Pros and Cons of Brexit The pros and cons of leaving the
Crude Oil News Update-21 June 2016
BREXIT GBP soars after polls favour Britain staying in EU UK referendum polls move the markets up and down it seems that the REMAIN camp is favored but market stress is expected to remain at present levels until the vote on Thursday. According to a poll for weekly newspaper The Mail On Sunday, support for
Gold Market News Update-20 June 2016
HSBC Report Says Gold Could Rally 10% Gold was able to stay above the $1300 price level over the weekend as traders prepare for the “big” UK referendum on Thursday. No one is sure what the outcome of the vote will be or of the ramifications to the Eurozone and the UK economy with either
Crude Oil News Update-17 June 2016
Brexit vote next week was suspended following the murder on Thursday of UK member of parliament Jo Cox, who was a vocal advocate for Britain to stay in the European Union. On Wednesday the Federal Reserve downgraded 2016 growth for the US and the Bank of Japan and the Bank of England followed along today.
The Possibility Of Brexit Supports Gold’s Increase
As long as we continue to see the tailwind from falling bond yields, from Brexit worries and from a dollar which has been under a bit of pressure again, gold and silver will continue to perform,”said Ole Hansen, head of commodity strategy at Saxo bank. Hansen added that he thought it was possible for gold
Copper News Update-10 June 2016
COPPER Chinese consumer inflation data stressed commodities traders. Copper was hammered down as a rise in warehouse stocks convinced traders that end-demand in China has not materially improved despite Beijing’s economic stimulus. The latest leg down came as LME data showed more than 42,000 tonnes of copper arrived in warehouses – mostly Chinese smelter delivering
