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Gold and Oil Markets Report – 16 April 2018

Gold prices challenged 3-month high by almost reaching USD1366 /oz and receded before weekend. This week, we predict the trend will run amok within USD1320 – 1360 /oz with unclear directional... (Read more)

DAR WongMon, 16 Apr 2018 12:00 am
U.S. Lead Airstrike against Syria

Fundamental Outlook   The U.S. President Trump express enthusiasm to re-enter a new agreement of Trans-Pacific Pact (TPP). America leads airstrike against Syria that infuriates Russi... (Read more)

DAR WongMon, 16 Apr 2018 12:00 am
Gold and Oil Markets Report – 9 April 2018

Trade war has risen between U.S. and China though President Trump and Treasury Secretary Mnuchin insisted the policy is only meant for equalizing trade deficits. Exporters’ share prices have ... (Read more)

DAR WongMon, 09 Apr 2018 12:00 am
China Retaliates Import Tariff on U.S. Products

Fundamental Outlook   The U.S. weekly claims grows to highest in 12 weeks. Non-farm payroll grows 103,000 below forecast and shocked market. China raises import tariff on American go... (Read more)

DAR WongMon, 09 Apr 2018 12:00 am
Gold and Oil Markets Report – 2 April 2018

Gold prices were resisted at USD1360 /oz last week as we predicted. The market has moved into a correction that is believed to be short-termed. This week, we reckon strong demand will rise at USD13... (Read more)

DAR WongMon, 02 Apr 2018 12:00 am
U.S. GDP Grows 2.9 Percent in Q4 Seasons

Fundamental Outlook   The market was quiet throughout last week with Good Friday as holiday seasons. American weekly claims for jobless benefits fall to 4 weeks’ low record. U.... (Read more)

DAR WongMon, 02 Apr 2018 12:00 am
Gold and Oil Markets Report – 26 March 2018

Gold and Oil Markets Report – 26 March 2018   Gold prices rose from USD1310 /oz and closed at USD1347 /oz before weekend. Technically, we reckon the trend is near to resistance a... (Read more)

DAR WongMon, 26 Mar 2018 12:00 am
Federal Reserve Raises Interest Rate by 25 BP

Fundamental Outlook   The U.S. Federal Reserve raises interest rate for the first time in 2018 and after Powell became the chairman. Fear of global trade war initiated by U.S, Govern... (Read more)

DAR WongMon, 26 Mar 2018 12:00 am
Gold and Oil Markets Report – 19 March 2018

Gold prices dipped to USD1310 /oz on Friday while getting ready for the FOMC outcome on this coming Thursday wee hour (Asia time). Technically, we predict the trend will loiter but well supported a... (Read more)

DAR WongMon, 19 Mar 2018 12:00 am
China’s Industrial Production at 7-month High

Fundamental Outlook   The U.S. consumer prices rise at expected target. Building permits maintain as expected while housing starts fall. China’s industrial production grows fas... (Read more)

DAR WongMon, 19 Mar 2018 12:00 am
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