Comex Analysis
Silver Facing Resistance At $15.80 Near Descending Trend Line Breakout Of Which Can Spurt Prices

Fundamental News & Impact Last week precious metal saw spectacular price move silver rose almost 2.48% and close around $15.67. Friday’s NFP (Non-Farm payroll) and unemployment rate data came below than consensus. US manufacturing PMI came at 54.1 below estimates 57.7. Fed chairman Powell’s dovish comments for a future rate hike will depend on market […]

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Commodity Forecast
Weekly Commodity Forecast (05 Jan-12 Jan 2019)

Gold (Close price: $1285.145) News: US Dollar Index improved after the U.S. Bureau of Labour Statistics reported a better growth in December nonfarm payrolls and a higher-than-expected rise in the annual wage inflation, the US Dollar Index rose but settle at 96. While positive developments between the U.S. – China trade fuelled positive strength to stock markets […]

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Bursa Malaysia stocks news post
KLSE Stock News- Malaysia stocks open lower on Wednesday, Bursa Shares Continues Slide ahead of US Federal Decision

Kuala Lumpur: Bursa Malaysia continued its slide by opened its share prices lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 6.49 points to 1,787.98 at 9.01am. The trading volume was 115.48 million shares valued at RM53.74mil. There were 117 gainers versus 78 decliners and 179 counters unchanged.  The consistency in […]

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US Dollar Gain a Positive
US Dollar Gain a Positive Movement After Jobs Data

US Dollar may backtrack some current increases after April employment information. Australian Dollar higher after RBA updates swelling viewpoint. Yen up while Asia Pacific stocks fall as Mnuchin visits China (US Dollar Trading Alerts) A dull offering of European financial information is probably going to see cash markets concentrated on April’s US work showcase information through […]

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