Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


21.03.2014 15:20

Gold rose

Gold rose on Friday in anticipation of statements by the U.S. central bank , but the week promises to be the worst since November due to market reaction to the Fed's promise to head Janet Yellen to raise rates in the first half of 2015 .

The Fed is likely to complete its bond-buying program this fall and begin to raise interest rates after about 6 months after that , Yellen said . Although she carefully introduced this forecast , making numerous reservations , this was still enough to bother investors. Some market participants are buying gold and other precious metals as a tool for protection against low interest rates, inflation and uncertainty in the economy.

" Coming rising interest rates , a stronger dollar , and inflation is not observed , - said James Cordier , director of Liberty Trading Group. - All the factors to reduce the price of gold ."

Bond buying program , the volume of which is now $ 55 billion a month, helped keep rates low at the same time putting pressure on the dollar.

Gold prices jumped to a 6 - month high of 1,392.60 dollars on March 17 as a result of growth , partly provoked instability in Ukraine and Russian military intervention in the Republic of Crimea.

However, prices fell this week, as it became apparent that the West is almost inclined to interfere with Russia to join the Crimea. Russian President Vladimir Putin on Tuesday signed an agreement on accession of the Ukrainian region of the territory of Russia . He said that his country is not seeking to " separation of Ukraine" and will protect the interests of the Russian-speaking population in the country " diplomatic and legal means ."

The cost of the April gold futures on the COMEX today rose to $ 1343.00 per ounce.

21.03.2014 15:41

Oil rose

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page