Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


03.04.2014 15:26

Gold fell

Gold prices decline on the eve of leaving Friday employment report in the U.S., which will assess the state of the economy and prospects for Fed stimulus .

Today we have published weekly data on initial applications for unemployment benefits . The number of people who first applied for unemployment benefits , rose moderately last week , topping forecasts while most experts .

The Labor Department said : for the week ending March 29, the number of initial claims for unemployment benefits rose by 16,000 to a seasonally adjusted , while reaching 326 thousand Nevertheless , despite the increase in the number of complaints remains below the pore level in 400,000 the resolution of which may talk about the problems in the labor market . Economists had expected the value of this ratio will rise to 319 thousand add the result for the previous week was revised downwards - to 310 thousand from 311 thousand Analyst Ministry of Labour said there were no special factors that could have an impact on the overall result.

Today's data were presented for the day on how the Ministry of Labour will publish its monthly employment figures . Economists expect the March U.S. employers created 196 thousand jobs against 175 thousand in the previous month . These indicators would point to the labor market recovery, after poor results in December and January , when employers added 213,000 in the general positions. Many economists blame the unusually cold weather that left people without jobs in those months .

" Some physical markets in Asia did not show any activity that is not good for gold. As stock markets tend to new heights, gold increasingly difficult to compete with them ," - said precious metals trader in Hong Kong.

Prices in China on Wednesday briefly rose above London , but then dropped down to their level , and on Thursday were lower by $ 2 per ounce. Gold in China since the beginning of March offered cheaper than in London. According to dealers , they see weak demand in other major markets in Asia - India, Thailand and Indonesia.

The cost of the June gold futures on the COMEX today dropped to $ 1281.90 per ounce.

03.04.2014 15:48

Oil rose

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

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