Copper is up from its multi-month low at the 299.40, but the gains are seen as a correction (wave 4 in the fall from the Aug 1st high at 454.00), and with eventual new lows below 299.40 after (within ...
In Australia, this morning, the Export Price Index increased 4.0% in third quarter of 2011, compared to 6.0% rise in the previous quarter. Additionally, Import Price Index remained unchanged in the ...
This morning, in economic news, the National Australia Bank’s Business Confidence Index declined to -4.0 in the third quarter of 2011 from a reading of 5.0 in the preceding quarter. The Reserve ...
This morning, the Westpac Leading Index, in Australia, rose 0.8% (M-o-M) in August, following a 0.5% increase in the previous month.In the Asian session, at GMT0300, the pair is trading at 1.0271, ...
This morning, Australia’s central bank left open the possibility of a cut in interest rates as early as November. In the minutes of its October 4 policy meeting, the Reserve Bank of Australia ...
In the Asian session, at GMT0300, the pair is trading at 1.0312, with the AUD trading 0.28% lower from Friday’s close.LME Copper prices rose 2.4% or $172.5/MT to $7,500.30/ MT. Aluminium prices ...
In the Asian session, at GMT0300, the pair is trading at 1.0171, with AUD trading 0.16% higher from yesterday’s close.LME Copper prices declined 1.2% or $89.3/MT to $7,327.8/ MT. Aluminium ...
GOLD came under some minor selling pressure in Asian trade today as some pessimism returned as China's trade balance came in worse than expected and the IMF downgraded Asian growth forecasts for 2011 ...
In the Asian session, at GMT0300, the pair is trading at 1.0182, with the AUD trading 0.22% higher from the yesterday’s close, following a report that showed that Australia’s jobless rate ...
DEC COPPER: It did succeed in getting over 325.00 as pointed out in my last Update and closed above it today on the daily chart. I still see the potential to 350.00 and possibly more to ...