Despite the falling Gold prices Russia and Kazakhstan prolong purchases

Source: Bloomberg
© Scanpix/Reuters
Russia and Kazakhstan continued to buy gold in April for more than a half year in a row, despite the biggest drop in metal prices in 30 years. Russian holdings gained 8.4 metric tons to 990 tons as it increased 3.4% this year to date, compared to 8.5% advance last year. Kazakhstan's holdings climbed 2.6 tons reaching 125.5 tons as they jumped 8.9% in year 2013 to date, according to IMF data. 
Back to articles

Actual Topics

Tue, 28 May 2013 06:08:06 GMT

China sets 7% target growth rate for decade

Сhina will seek 7% average annual GDP expansion through 2020, compared to more than 10% growth rate in a previous decade, according to China's Premier Li Keqiang. He added that urbanization and industrialization provides with a lot of potential for growth. This year's target is set at 7.5% as economy expanded 7.7% in the first quarter on an annualized basis.

Mon, 27 May 2013 15:44:14 GMT

Australian Dollar declines against the U.S. Dollar

The Aussie prolonged its fall against the U.S. Dollar from previous week as the U.S. consumer confidence is expected to increase and that could encourage the Fed to slow down the stimulus. The Australia's currency dropped 0.2% to 96.32 U.S. cents at 3:26 p.m. Sydney time. Last week the Australian Dollar reached a 0.8% weekly decline versus the greenback, making

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.