Gold fell despite hopes for easing measures in the EU

Note: This section contains information in English only.
Source: Forexpros
Gold slumped in the Asian morning trade on Thursday, adding to the previous losses in the US and European sessions. The yellow metal came under pressure because of weak fundamentals and even speculation about monetary easing in the EU failed to support the metal. COMEX gold June contract traded at 1,652.65 US Dollars per troy ounce on the New York Mercantile Exchange, sliding by 0.08%.


Back to articles

Actual Topics

Thu, 03 May 2012 06:45:50 GMT

Australian services sector faced a record slump in April

Australian service sector contracted at the fastest pace in the last three years in April, being driven by essential slump in sales and new orders. The PSI in Australia tumbled by 7.4 points, attaining 39.6 in April. None of the sub-sectors faced expansion in April while the most severe decrease was posted by finance and insurance, healthcare and recreation sectors.

Thu, 03 May 2012 06:23:55 GMT

Timothy Geithner: China has to focus on domestic consumption

Timothy Geithner, US Treasury Secretary, said that China has to alter its polices tied to exports and focus on stimulating domestic consumption. Such change is vital for sustaining China's economic expansion. Currently, China is exploring the ways for new economic reforms as the country recognized the risks of overreliance on exports, Timothy Geithner added.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.