Gold prices up amid Paris attacks

Source: Bloomberg
Following the Paris attacks on Friday, demand for gold moved up, as the metal regained its role of a safe-haven asset that is perceived by traders as less risky during times of uncertainty and turmoil. The bullion added 1.2% to trade at $1,094.44 per ounce. However, economists cautioned that these gains are probably only of short-term character due to a possible US interest rate increase in December.  
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Tue, 17 Nov 2015 09:21:06 GMT

Oil climbs up but oversupply persists

Crude oil extended gains on Tuesday, moving further away from its two months lows witnessed during the previous week. In spite of the increase, economists stated that prices would remain low for the rest of the year due to the oil markets still being strongly oversupplied. Futures for WTI edged up $0.12 to trade at $41.86 per barrel, whereas Brent

Mon, 16 Nov 2015 13:32:34 GMT

Euro drops to 6-months low after Paris attacks

The Euro fell to its six-and-a-half month low versus the US Dollar and the Japanese Yen after the deadly terror attacks in Paris. The single currency tumbled 0.5% to $1.0710, moving towards the prior week's six-and-a-half months low of $1.0674. The Euro also slipped against the Japanese currency, hitting a low of 130.645 Yen, the lowest level since April 29. 

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