Gold prices in the short term continue to look overall bearish. Old news, which is being twisted into new headlines, is once again front and center. Spain, Italy, Iran, the US economy, quantitative easing and the old economic issues in America, Europe and China remain the dominant stories of the day.Spain had taken over news headlines as the markets focused on the interest rates Spain is being forced to pay to borrow funds. Anything over 6% in...more
Commodities are uniform and one individual or portion serves the same purpose as any other. An ounce of mcx gold, mcx silver tips, a barrel of oil, a bushel of wheat. In every case, one is pretty much like another. It makes little difference to most of those buying commodities whether they receive this ounce of gold or that one. Observe there are some differences. Because of shipping costs, differences in composition, and so forth, some oil does...more
Knowledge about the happenings of one's nation or the globe is very important and it can be obtained with the help of different forms of media like print media like daily newspapers, magazines, journals periodicals and publications, electronic media like the TV and web media. We can receive all kinds of information through global news and international news headlines as they cover everything that happens under the sun. The world breaking news indeed does keep you well informed about all kinds of gossip and news from every inch of the world and it tries to cover the news till maximum extent. News about all kinds of topics that affect the human race right from sports, political affairs, and corporate world and the developments that happen in and around these and other such topics can be obtained.The right picture of the society is painted by breaking news itself. News about India as well as world breaking news is obtained via it. It is possible to acquire news about various topics like business, health industry, law and order, education, crime and films. We all know how important it is that we keep ourselves updated about it as these are the topics that affect us and our lifestyles....more
Vantage FX (http://www.vantagefx.co.uk/) provides a daily overview of the news activity and announcements currently shaping currency movements across the world. Jay Mawji, the companys head of market analysis, takes a look at news surrounding Eurozone economies on 2nd May 2012. The Eurozone has the inept ability to turn its sword on itself at...more
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Vantage FX (http://www.vantagefx.co.uk/) provides a daily overview of the news activity and announcements currently shaping currency movements across the world. Jay Mawji, the companys head of market analysis, takes a look at news surrounding Eurozone economies on 9th May 2012. Thats right, enough Euro news for the day. All we seem to talk or hear about is everything that is wrong in the Eurozone. They next few weeks, or even months, will be about the Eurozone, so today I am going to talk about anything but the Eurozone.The Monetary Policy Committee sits to discuss and vote on interest rates and the Bank of England Asset Purchase Target tomorrow at 11am. The interest rate decision now goes by with little attention, despite however much drama the media can build around it, because we all know that interest rates are staying on hold. The key point of discussion this week is the Asset Purchase Target, known as Quantitative Easing. We have seen the UK economy enter a technical recession and we also know that Quantitative Easing can be an effective tool in driving growth. In recent meetings, the MPC have appeared certain to keep Quantitative Easing on hold to allow the economy to take...more
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