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Foreign exchange market 
Dollar Will Keep Going Down, NordFX Experts Say
Masterforex-V Names Worst Forex Brokers in September 2019
Bitcoin is only half-way down. Ethereum is stable.
Bitcoin Crash Causes Panic In Cryptocurrency Market
Bitcoin Exceeds $10K Again
NordFX: Forex And Cryptocurrency Market Review. August 2019
Dollar Will Keep Going Down, NordFX Experts Say
Masterforex-V Names Worst Forex Brokers in September 2019
Bitcoin is only half-way down. Ethereum is stable.
Bitcoin Crash Causes Panic In Cryptocurrency Market
Bitcoin Exceeds $10K Again
NordFX: Forex And Cryptocurrency Market Review. August 2019
Stock and commodities markets
Brent Prices Drop Down To $61/b
Gold Prices Are Getting Stable After Monday's Rally
Oil Prices Have Made The Biggest Rally In History
iOS13 Outshines iPhone
US-China Trade War Makes Oil Prices Drop
Gold Prices At Highest Levels Since 2013
Brent Prices Drop Down To $61/b
Gold Prices Are Getting Stable After Monday's Rally
Oil Prices Have Made The Biggest Rally In History
iOS13 Outshines iPhone
US-China Trade War Makes Oil Prices Drop
Gold Prices At Highest Levels Since 2013
Business And Politics News
Fed Cuts Key Interest Rate For The First Time In 10 Years
New Prime Minister Names Brexit Date
Johnson Launches Hard Brexit Ad Campaign
U.S-China Trade War Is Sponsored By Consumers
US-China Trade Conflict May Trigger Another Global Financial Crisis
WTO Lowers Global Trade Growth Forecast
Fed Cuts Key Interest Rate For The First Time In 10 Years
New Prime Minister Names Brexit Date
Johnson Launches Hard Brexit Ad Campaign
U.S-China Trade War Is Sponsored By Consumers
US-China Trade Conflict May Trigger Another Global Financial Crisis
WTO Lowers Global Trade Growth Forecast
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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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Brent Prices Drop Down To $61/b
The concerns over the global demand for crude oil are getting back to the market again. The current trading week has been a week of discounts. Earlier today, Brent oil saw its price drop down to 61 dollars per barrel. The WTI price dropped all the way down to 56 dollars per barrel. The supply side has got an upper hand.
Publication date: 27 September 04:52 AM
Gold Prices Are Getting Stable After Monday's Rally
Last week was rich in the information about various financial markets, which could exert downward pressure on gold prices. Strange as it may seem, the situation in the ore market was relatively calm. Eventually, the week closed in the green zone. Those gains mainly had to do with Friday's gold rally. International traders and investors reacted to the information about another global economic slowdown coupled with the trade war between the United States and China as well as the current situation in the Middle East, and started loading up on gold as a safe-haven asset, which eventually pushed the prices higher.
Publication date: 24 September 05:15 AM
Oil Prices Have Made The Biggest Rally In History
Gold, yen, and oil currencies are getting more expensive. The strike came for an unexpected direction. Saudi Arabia's oil facilities were attacked, which increased geopolitical risks in the region and simultaneously undermined the global oil supplies. That was basically the reason why crude oil prices made the biggest rally in history but then moved back a bit and are still trading over 10% higher relative to the start of the trading session.
Publication date: 16 September 03:26 AM
iOS13 Outshines iPhone
For Apple fans, September has been a special month from many years. This is the time when Apple introduces the biggest innovations and the latest products destined to be best sellers for the next 12 months. This time, everything is likely going to be the same. In just a couple of days, on September 10th, we are to witness another Apple event.
Publication date: 05 September 03:28 AM
US-China Trade War Makes Oil Prices Drop
The previous trading week wasn't an exiting one. The oil prices grew in the first part of the week while trying to make up for the losses of the previous week. Still, the second half of the week turned out to be a bearish one. WTI oil prices dropped below 55 dollars per barrel while brent oil dropped down to 61 dollars per barrel. Yet, the bearish momentum is still there.
Publication date: 04 August 08:33 AM
Gold Prices At Highest Levels Since 2013
The recent statements made by the governors and presidents of the world's leading central banks, including the Fed and the ECB, eventually resulted ingold prices making it over 1400 dollars per troy ounce. This means that the current price of gold is the highest one over the last 6 years. So, the bull market of gold is underway.
Publication date: 03 August 04:17 AM
Middle East Tensions Support Oil Prices
The currenty trading week has been controversial for the international market of crude oil. Chances are, the market is going to be relatively neutral throughout the rest of the week. Brent oil is trading around 63,50 dollars per barrel while WTI costs 56 dollars per barrel.
Publication date: 30 July 11:07 AM
Is Economic Decline In USA Inevitable?
The NY Fed model points out to the fact that the probability of another recession in the American economy has increased all the way up to 33%. Over the last 50 years, such signals have almost always bee followed by recessions.
Publication date: 13 July 08:39 AM
Will USA Manage To Prevent Stock Market Crash?
The U.S. Federal Reserve has eased their rhetorics in order to avoid another stock market crash. International experts are now trying to predict the possible consequences of the decision made by the American financial regulator, especially form the stand point of international investors.
Publication date: 11 July 11:31 AM
Masterforex-V Names Biggest Stock Exchanges
Stock exchanges have been operating worldwide for many decades. They are specific financial institutions or marketplaces that operate to let people and companies invet in various stocks and other securities. Those are the stocks issued by various companies representing various industries - from mining to services. These days, you can invest in stocks, indexes, bonds, options, and other securities.
Publication date: 17 May 11:57 AM
