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Platinum Demand Picks Up the Pace

May 21, 2013 2:02 pm
Demand for platinum and palladium is increasing amid decline in supply. Generally the price of platinum is more volatile than gold and is very dependable of the economys current state. During periods of sustained economic growth the price of platinum tends to be a lot higher than gold and the other way around. The reason […] Read more

Grain Futures Mostly Lower

May 21, 2013 10:52 am
Wheat for July delivery fell 1,4% on the day and traded at $6,7438 a bushel after earlier in the session it tumbled 1,5% and reached its weakest level since April 3. Wheat prices are experiencing downward pressure amid improved weather forecasts for crop developing in the Black Sea region, which is easing the concerns about […] Read more

GBP/USD reacted downward after consumer price data from UK

May 21, 2013 9:00 am
British pound lowered below 1.5200 against US dollar on release of the crucial consumer price index data from UK today. GBP/USD pair reached 1.5171, currently sessions lowest value. Resistance levels were expected at 1.5255-1.5275, while the pair was likely to be supported at 1.5180-1.5160. It was reported that Consumer Price Index (CPI) in UK slowed […] Read more

Natural Gas Keeps Gaining Amid Hotter Temperatures

May 21, 2013 7:36 am
Natural gas kept rising on Monday and traded 1,91% higher at $4,133 per million British units amid weather forecasts for higher-than-average temperatures in the central parts of the U.S. When warm weather is expected, natural gas surges as increased electricity demand to power air-conditioning calls for more supply of the fuel, which is used for […] Read more

Forex Trading with WebMoney

May 21, 2013 6:56 am
WebMoney is a leading global settlement system that was initially oriented towards the needs of users from Russia. The payment system has dramatically expanded its footprint as currently, it lists among the much-used banking solutions on a global scale. The platform was founded in 1998, and ever since then, it has been successful. Figures come […] Read more

US dollar gained ground, investors in search for alternate instruments to stocks

May 21, 2013 6:34 am
US dollar increased value against major peers, as EUR/USD pair fell to 1.2872 during Asian trade session on Tuesday. Yesterday Czech Republic President Milos Zeman announced that the country was ready to adopt the euro currency within five years. Czech Republic, already an European Union member, is experiencing the worst recession since 1996. Another pair, […] Read more

Turkey Forex Brokers

May 20, 2013 7:32 pm
Strategically located on the Anatolian peninsula, Turkey is a nation with a rich cultural heritage and colorful historical timeline that dates as far back as the 13th century. Throughout its long history, the country has served both as a bridge and a barrier between Europe and Asia. It is the 36th largest country in the […] Read more

Singapore Forex Brokers

May 20, 2013 7:00 pm
Being one of the largest financial hubs in the world, Singapore is also among the strongest Forex centers after New York, London, Europe, and Japan. This small island city-state in Southeast Asia has a population of over 5.6 million and the third-highest per-capita GDP in the world in terms of purchasing power parity. Over the […] Read more

India Forex Brokers

May 20, 2013 3:15 pm
Forex trading is a relatively new and quite exciting investment option in India. Even though authorities have implemented tough restrictions on this activity, speculating on the Forex market is legal in the country and it attracts an increasing number of people. Before looking into the specifics of trading on the foreign exchange market in India, […] Read more

Gold Futures Fall to 5-week Low

May 20, 2013 1:56 pm
Gold futures continued to drop for an eight day in a row. Together with the worst performing precious metal of the year – silver, gold sank 1% on the day and futures for July were traded at $1 351,05 as investors are awaiting Ben Bernankes statement about the future of the Quantitative Easing 3 program, […] Read more