Gold price rebounds; oil value falls

Note: This section contains information in English only.
Source: Bloomberg
Gold futures added 8.6% in January to $1,285.50 per ounce, outlining the highest monthly gain during the three-year period. The risk-off sentiment pushed silver up by 16% in January, also to their highest level since 1980, while WTI crude oil dropped 10%. According to the Standard Chartered Plc analysts, gold may climb to $1,420 by the end of this year, prodded by the growing demand.
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Fri, 23 Jan 2015 14:55:05 GMT

Canadian Dollar plunged to 2011 lows

The Canadian Dollar posted a noticeable decline after the nation's central back cut the key rate, saying that crude oil's crash could slow inflation and hit the economy. The benchmark rate was lowered to 0.75%, compared to the previous level of 1%, where it has stayed unchanged since 2010. Meanwhile, crude oil, Canada's main export item, has depreciated more than

Fri, 23 Jan 2015 14:28:03 GMT

Japanese officials are less optimistic regarding inflation

The Bank of Japan is now expecting it will take more time to achieve a target of 2%, outlining the difficulties because of the low energy prices. The Yen climbed versus the Dollar, while the Japanese equities dropped since the BoJ postponed expansion of economic incentives. The BoJ will raise money base at an annual amount of 80 trillion yen

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