Gold Gold has been under pressure through the early part of the Asian session, down 0.1% at $1,276.80 though direction through the day will be hinged on
Gold has been under pressure through the early part of the Asian session, down 0.1% at $1,276.80 though direction through the day will be hinged on today’s Senate vote on the tax reform bill and whether the European and U.S equity markets can shake off the negative sentiment and follow the Asian markets into positive territory through the European and U.S sessions…Read More
Silver fared somewhat better than gold through the Asian session, up 0.02% at $16.98 as it looks to recover to $17 levels, though being able to hold on will depend on market risk appetite through the day, not to mention Capitol Hill…Read More
Oil prices have steadied following the steep declines this week as the markets now look towards OPEC’s November meeting. U.S shale production forecasts have been quite damming on crude this week, with last week’s inventory and production numbers out of the U.S also bearish. With the IEA revising down demand, whilst revising upwards its outlook in U.S production, OPEC and Russia may need to do more than just extend the agreement…Read More
Gas eased slightly through the early part of the day, down 0.16% at $3.08. Weather conditions continue to keep prices range bound, with any upside now dependent upon the forecasted cold weather in the U.S arriving within the next week. Should the cold front miss, it’s likely to be quite negative with warmer weather on the horizon. It’s a long time for the markets to wait and there are unlikely to be any major moves between now and next week …Read More
With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions. Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities.