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Where Did You Gold? - Georgia Election Affects Gold

Illustration photo of Gold Price H4 Chart from Gold hit a high of $1952.22 per ounce yesterday but with limited gains. The long and short side vied near the $1950 mark that shows the guarded mood of the market during the Georgia election. Market sentiment may be tense but analysts po

Calendar heats up on Tuesday [Video]

The week will get more interesting from here on, a fact that hasn’t been lost on market participants. We’ve already seen some position adjusting ahead of today’s Georgia state runoff, and more adjustment will likely be forthcoming ahead of the Fed Minutes and US jobs report.

Singapore Manufacturing Expands For Sixth Month

Singapore's manufacturing sector expanded for a sixth straight month amid further expansion in the electronics sector, survey data from the SIPMM Institute showed on Monday. The purchasing manager's index for the manufacturing sector edged up to 50.5 from 50.4 in November. A reading above 50 suggest

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, advancing more than 430 points or 3.1 percent along the way. The Taiwan Stock Exchange now sits just above the 14,900-point plateau although it figures to run out of steam on Tuesday. The global forecast for the Asian markets is so
(BLOOMBERG) Brent To Average $52 in 2021. - Jan 5, 2021. #BrentCrude##OPEC##marketoutlook2021##CoronavirusVaccine#

USD/JPY soars from nine months lows, rises back above 103.00 as Wall Street tumbles

USD/JPY consolidates recent bounce from multi-month lows despite risk aversion. Yen recovers versus G10 currencies on risk aversion. The USD/JPY rose further during the American session and climbed to 103.25, 55 pips above the nine-month lows it reached earlier at 102.70. It rebounded sharply as equ

Austria Jobless Rate Climbs In December

Austria's jobless rate increased in the final month of 2020, led by seasonal unemployment in the construction sector and lack of jobs in the tourism sector due to the lockdown to curb the coronavirus pandemic, the Austrian Public Employment Service/AMS said Monday. The unemployment rate rose to 11.0

XE Market Analysis: North America - Jan 04, 2021

The dollar has started the new year where it left off last year, and that is with a softening bias. This comes against the backdrop of a coursing "everything rally", with the MSCI Asia-Pacific equity indexand S&P 500 futures hitting record highs. Base metals and oil prices also rallied. The doll

CEE MARKETS-Currencies, stocks rise as PMI data show signs of recovery

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Asian factories shake off COVID-19 hit, tighter controls cloud outlook

TOKYO (Reuters) - Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the COVID-19 pandemic. But Chinese factory growth slowed and tougher

US STOCKS-Wall Street closes out wild pandemic year with Dow, S&P at records

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * S&P 500 notches annual gain of around 16% * Nasdaq gains more than 43% on the year * Weekly jobless claims fall for second straight week (Updates to market close) NEW YORK, Dec 31 (Reu

Mexican pilots reject alternative cost plan in Aeromexico overhaul

MEXICO CITY (Reuters) - Mexican pilots have rejected a cost-saving plan put forward by their own trade union amid talks aimed at agreeing how to restructure airline Grupo Aeromexico, the ASPA union said on Thursday. Battered by the coronavirus pandemic, Aeromexico filed for Chapter 11 bankruptcy pro

USD/MXN: Bearish Momentum Proving Relentless for Traders

The USD/MXN continues to flaunt its long-term bearish trend and is challenging price levels not seen since March of 2020. Support levels are being tested regularly and, intriguingly, the USD/MXN has shown it has the ability to sustain its value below the important mark of 20.0000. Holiday trading vo

Equity markets in HK and Shanghai rise amid multiple holidays in Asia

Asia Market Update: Equity markets in HK and Shanghai rise amid multiple holidays in Asia; Little initial impact seen from weaker China PMIs; Modest USD volatility seen into year-end. General Trend - Shanghai Composite traded broadly higher during the morning session; Consumer Discretionary, Financi

Swiss Franc Rises on Strong Swiss KOF

The Swiss franc has taken a pause from this week’s rally. Currently, USD/CHF is trading at 0.8847, up 0.08% on the day. USD/CHF is in positive territory this week, and dipped to a low of 0.8815 earlier on Wednesday. This marked the currency’s lowest level since May 2014. This news will not provide a

Pull-up Update