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Foreign exchange market 
Cryptocurrency Market Will Get Feverish By Mid February 2019
NordFX. Forex and Cryptocurrency Forecast. Early February 2019
Chinese New Year
Experts on Cryptocurrency Market Prospects
Dollar Will Go Higher, FortFS
NordFX Names Key Events for Forex and Cryptocurrency Markets
Cryptocurrency Market Will Get Feverish By Mid February 2019
NordFX. Forex and Cryptocurrency Forecast. Early February 2019
Chinese New Year
Experts on Cryptocurrency Market Prospects
Dollar Will Go Higher, FortFS
NordFX Names Key Events for Forex and Cryptocurrency Markets
Stock and commodities markets
Will U.S. Stock Market Grow This Year?
Experts Anticipate U.S. Stock Market Crash This Winter
Why did crude oil crash by almost 11% last week?
Russia and OPEC agreed to cut down on their oil production in 2019
OPEC and Saudis Are Planning To Back Oil Prices
Investing in World's Most Secure and Profitable Stocks in NordFX
Will U.S. Stock Market Grow This Year?
Experts Anticipate U.S. Stock Market Crash This Winter
Why did crude oil crash by almost 11% last week?
Russia and OPEC agreed to cut down on their oil production in 2019
OPEC and Saudis Are Planning To Back Oil Prices
Investing in World's Most Secure and Profitable Stocks in NordFX
Business And Politics News
US-China Trade War Reaches Next Level
Roma May Drag Moscow and Brussels Into Major Financial Crisis
USA Strikes Iran Again
Trump Offers Putin to Compete for Multi-Polar World, Eggert Says
The world is on the verge of another global race
Trump Wants More Control Over the Fed Since It's Too Independent
US-China Trade War Reaches Next Level
Roma May Drag Moscow and Brussels Into Major Financial Crisis
USA Strikes Iran Again
Trump Offers Putin to Compete for Multi-Polar World, Eggert Says
The world is on the verge of another global race
Trump Wants More Control Over the Fed Since It's Too Independent
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Stock and commodities markets
Gold Keeps Losing Its Safe-Haven Asset Status
Thu, 25 Oct 2018 11:52:00 +0000
The amount of political and economic crises keeps on growing in the world but gold is still going down in value. International experts have been trying to figure out the reasons why contemporary investors are investing in other assets instead of gold as it used to be ages. It's interesting to note that they are mostly investing in dollar assets.
Previously, investors used to load up on gold during various crises. Gold helped them to survive even the biggest crises out there. With that being said, gold has always been treated as safe-have asset, at least up until recently. The current situation varies significantly from all the precedents. The experts and observers say that today's world presents a lot of risks for the global financial system, including the trade ware between the United States and China, Brexit, the devaluation of the Turkish national currency, the tensions around Iran's nuclear program, internal political and debt issues in Italy, tougher Western sanctions against Russia and Iran, and of course, the likelihood of Trump's impeachment. Strangely enough, despite all of that, gold has been going down in value since April 2018.
According to NordFX's analytic center, April's gold prices reached the 12-month high at $1365/oz. After peaking at this price, gold started its downtrend. By mid August, the price had already dropped all the way down to $1170/oz, which is still the lowest price since January 2017. All in all, gold depreciated by 15% over the first 4 months of the downtrend.
Having analyzed the futures market, international experts say that never in the history of the international gold market have professionals gone bearish for gold. It seems that gold, which has always been a anti-crisis asset, has now been found knee-deep in crisis itself.
U.S. Dollar Attacks
International experts say there is a whole lot of possible reasons for the current situation in the gold market. Some of them say the key reasons boils down to the fact that the Indian market, which is one of the most crucial markets for gold, has seen a major decrease in demand. Others say that more and more investors start seeing tech stocks like Google and Apple as next-gen safe-haven assets. Yet another group assumes that the market has been afraid of a major gold sellout by the Central Bank of Turkey, which is why international investors have been reducing their exposure to gold.
However, most experts share the same opinion that the strengthening of the U.S. Dollar is yet another major reason why gold has been weak over the last couple of months. The thing is that more often than not, the financial assets are usually traded for dollars. Since, the AMerican currency is negatively correlated with those assets for obvious reasons, any strengthening of the U.S. Dollar means weakness for those assets, which is something we can see now in the market of gold. The thing is, when the U.S. Dollar gets stronger, this makes gold purchases more expensive, and that's why international buyers have to suspend their gold purchases for a while. By the way, the same holds true for another popular commodity assets, which is crude oil.
While the Fed keeps on toughening their monetary policies, T-bond yields are rising, thus making T-bond investments more attractive. Some experts belive that the American currency is probably going to continue strengthening, which means gold is destined to see the flight of capital for more profitable assets like U.S. T-bonds.
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Will U.S. Stock Market Grow This Year?
The American stock market has reached another crucial strange. The forthcoming macroeconomic stats may trigger a major move in any of the 2 directions. International experts say that the future market reaction will depend on a number of macroeconomic stats as well as several events. However, the current bias seems to be bullish since at this point, there are no major reasons to expect another stock market crash within the next 12-18 months.
Publication date: 27 January 07:56 AM
Experts Anticipate U.S. Stock Market Crash This Winter
As you probably know, the U.S. stock market has been in the red zone over the last few weeks. International experts assume that this downtrend is likely to continue in the first quarter of 2019. The key reason is the fact that really huge volumes of risky assets are under the risk of forced sales, Market leader reports, with reference to Forbes.
Publication date: 04 January 04:13 AM
Why did crude oil crash by almost 11% last week?
The past trading week was a nightmare for the global market of crude oil, with a major price crash. In particular, Brent oil dropped in value all the way down to the lowest price since July 2017. This was a dive below 53 dollars per barrel. Since then, international experts have been trying to figure out the reason for that.
Publication date: 26 December 09:40 AM
Russia and OPEC agreed to cut down on their oil production in 2019
As you probably know, the participants of the latest OPEC summit agreed to cut down on their oil production next year. This triggered a temporary price rally in the international market of crude oil.
Publication date: 23 December 02:01 AM
OPEC and Saudis Are Planning To Back Oil Prices
International experts and governments have been closely watching the drama going on in the international market of crude oil. According to The Wall Street Journal, Saudi Arabia is going to quit the overproduction of crude oil for the sake of preventing oil prices from going down any further and, if possible, backing their new growth.
Publication date: 05 December 11:00 AM
Investing in World's Most Secure and Profitable Stocks in NordFX
Publication date: 02 December 09:32 AM
Golden Medium: Russia Isn't Concerned About Decreasing Oil Prices
Market Leader reports that the global market of rude oil has been seen a prolonged downtrend after a pretty strong rally seen over a couple of months in a row. Not so long ago, a barrel of Brent oil used to cost 86 dollars. At this point, it costs just 70 dollars. Still, the Russian authorities don't seem to be concerned about this price drop at all. Experts say the see no reason to worry about the situation.
Publication date: 12 November 11:57 AM
Apple's Market Cap Drops Below 1 Trillion Dollars
Apple's market capitalization has dropped below 1 trillion dollars. Market Leader reports that this summer, Apple became the world's first company to reach such a stunning result - market cap over 1 trillion dollars. Apparently, all of that became possible due to higher Apple stock prices.
Publication date: 07 November 02:18 AM
USA Leaves China Without Crude Oil, Russia Is Ready To Compensate
The trade war between the United States and China is still underway. Earlier this month, America made another attempt to undermine the Chinese economy. The thing is, that up until recently, America used to be one of the biggest exporters of crude oil to China. In summer, the U.S. export of crude oil to China used to be equal to 10,5 million barrels a month. At this point, America has almost suspended the export of crude oil to China. Last month American oil companies shipped as little as 600K barrels, with no oil shipping planned for this month.
Publication date: 17 October 10:29 AM
Evgeniy Filichkin: FortFC Launches pre-ICO
While skeptics armed with political axioms, and complicated math formulas, are trying to persuade the world that sooner or later, the cryptomarket industry is doomed to exhaust its potential at some point in the future, the cryptomarket itself is becoming a part of the global economy.
Publication date: 03 October 09:10 AM
