Posts Tagged ‘opinion’

Physical Gold Demand Shows Presence Among Poor Sentiment

by Christopher Lemieuxon November 6, 2013 3:26 am BST
Gold is down, roughly, 22 percent as investors are uncertain whether the precious metal can retain value as a store of wealth, but even in the massive yearly downtrend gold is finding spots of increase physical demand. This is leading to the assumption that even with a 22 percent discount, bullion buyers are snatching up […]

UPDATE 3-Canada inflation data shows price pressures constrained

by Forex Rooton November 23, 2012 4:22 pm BST
Fri Nov 23, 2012 11:22am EST * 12-month rise in gasoline and electricity prices slows* Prices up in all CPI components except clothing, footwear* Core inflation unchanged from September at 1.3 pct* Bank of Canada to stay on sidelines, economic analysts sayBy Louise EganOTTAWA, Nov 23 (Reuters) - Canadian inflation was slightly stronger than expected

EMERGING MARKETS-Brazil real seesaws in Mantega, Tombini tug of war

by Forex Rooton November 23, 2012 4:05 pm BST
Fri Nov 23, 2012 11:05am EST * Real weakens to 2.11/dlr as Mantega says FX rate 'reasonable' * Central bank calls swap auction, props real back to 2.09/dlr* Markets wonder whether new informal band ceiling at 2.12By Walter Brandimarte and Natalia CacioliRIO DE JANEIRO, Nov 23 (Reuters) - The Brazilian real temporarily weakened past

FOREX-Euro rises broadly on Greece aid optimism, German data

by Forex Rooton November 23, 2012 3:27 pm BST
Fri Nov 23, 2012 10:27am EST * Greece's lenders near agreement to release further aid * Euro hits 3-week high vs dollar, 7-month high vs yen* Against dollar, yen comes off more than 7-month lowsBy Wanfeng ZhouNEW YORK, Nov 23 (Reuters) - The euro rose to a three-week high against the dollar on