Precious metals fell after G20 meeting

Note: This section contains information in English only.
Source: Dukascopy Bank
Precious metals tumbled on Monday after G20 members failed to agree on the boosting IMF as Euro Zone countries were demanded to show greater financial commitment to the IMF before receiving further aid. Investors also are cautions before ECB decision on LTRO due on Wednesday that may provide banks with unlimited three-year loans with low interest rate. Silver mainly tracked gold's fluctuations and mixed equities. Meanwhile, yellow and white metals may seek further support in stronger central bank's demand for hedges against global economic uncertainty. Platinum and palladium were the top-losers on Monday after short-term rally on the supply concerns.

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Tue, 28 Feb 2012 14:37:39 GMT

Base metals fluctuated on G20 meeting and US data

Industry metals were little changed on Monday as market was balancing between disappointing news from the G20 meeting and inspiring hosing data from the US. Moreover, investors mainly look on the China's demand that showed mostly negative signs due to growing inventories. Mixed equities also added to the volatility of the base metals pack. Alunimium futures may be backed up

Tue, 28 Feb 2012 13:09:42 GMT

Nikkei 225 index improves on retail data

Japan's Nikkei Stock Average improved on Tuesday as Yen pared gains and Japanese retail sales increased more than expected in January on the surging car sales. Nikkei 225 index gained 0.92% or 88.59 points and finished at 9,722.52. Softbank and Isuzu Motors each added 3.2% while Nomura Holdings rallied 5.3%. On the downside Nissan Motor lost 1.1% after announcing it

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