Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


01.10.2014 15:20

Gold rose

Gold prices rose to a minimum of nine months, in spite of the strong dollar and weak demand in China, the largest consumer.

In September, the precious metal fell by 6 per cent, which was the highest decline since June 2013, and the first time this year, finished the quarter in the red.

Dollar exchange rate on Wednesday rose to a six-year high against the yen and is close to a two-year peak against the euro.

"As long as the dollar continues to rise, the price of gold will fall. They are kept up to $ 1,200, but can fall below this mark, if the dollar continues to rally," - wrote in the report, analysts HSBC.

Some pressure on the dollar have data on manufacturing activity in the United States. Final data, published by the Institute for Supply Management (ISM), showed that in September manufacturing activity in the United States deteriorated, thus surpassing the average forecast of economists.

PMI index for the industrial sphere of the United States fell in September to 57.5 points versus 59.0 points in August, and preliminary values ​​at the level of 57.9 points. A reading above 50 indicates expansion of industrial activity. Note that the last reading was below the estimates of experts - is expected to decrease to 58.6. Meanwhile. became known, the sub-index of production fell to 59.6 in September from 60.7 in August, while the employment component rose to 56.4 from 54.6.

The world's largest reserves of the gold-exchange-traded fund SPDR Gold Trust Tuesday fell by 2.39 tonnes to 769.86 tonnes - the lowest level since December 2008.

Chinese markets are closed next week for the National Day. Meanwhile in Hong Kong continues thousands of performances fighters for democracy, which is opposed to the police.

The cost of the October gold futures on the COMEX today rose to 1218.60 dollars per ounce.

01.10.2014 15:40

Оil 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