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Gold also climbed as investors showed a lot interest due to weak dollar. Stephen Platt, a commodity analyst at Archer Financial Services Inc. in Chicago, said: "People are buying gold to protect themselves from the decline in the dollar. We’re going to see further devaluation in the dollar and...

Dollar is not a popular currency these days since investors are keen on buying high yielding currencies like euro and sterling. According to George Soros, a billionaire investor, dollar is creating "dangerous imbalances". And another expert, Dominique Strauss-Kahn, the managing director of the...

Stocks in Europe fell after another economic data, US housing starts fell clubbed with fall in metal prices. Yves Maillot, director of investments at Robeco Asset Management in Paris, said: "The market is fragile. What is worrisome is the economy, with skepticism about a strong recovery. We’re...

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Bonds in Europe rose after investors thought that last week's fall in bonds was not fair after European Central Bank warned of a bumpy road ahead. Luca Jellinek, a senior rates strategist in London at ANZ Banking Group Ltd., said: "Even though we’re getting strong exports in parts of Europe...

As an alternate investment option gold was much favoured by investors compared to the dollar after G20 members decided to maintan stimulus measures. Michael Guido, director of hedge-fund sales at Macquarie Capital USA Inc. in New York, said: "It looks like gold will carve out new highs until...

03:30 am RBA Interest Rate Decision - Australia: RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish...

:clap: With dollar declining oil found favour with customers after speculation was made that fuel may be in demand after China's manufacturing expanded in October. Mark Pervan, a senior commodity strategist at ANZ Banking Group Ltd. in Melbourne, said: "There’s a lot of speculative activity...

Stocks in US continued their fall after consumer confidence dropped unexpectedly. Peter Boockvar, an equity strategist at Miller Tabak & Co. in New York, said: "The Treasury auction took some wind off the stock market. It reflects some rising risk aversion and belief the Fed will remain on hold...

A rising dollar took away gold's shen as an alternate safe haven asset. Gijsbert Groenewegen, a partner at Gold Arrow Capital Management, said: "The biggest threat for gold is if the dollar makes a significant move higher. It could have a significant impact on prices.” The December gold...

With dollar gaianing momentum against other currencies, oil fell after bad earnings data from Burlington Northern Santa Fe Corp. Tim Evans, an energy analyst with Citi Futures Perspective in New York, said: "The dollar is somewhat stronger and the S&P is down, both of which are sending oil...

the stocks declining due to bad US housing data, treasuries rallied stroking demand for safe government debt. Peter Chatwell, a fixed-income strategist in London at Calyon, the investment-banking unit of Credit Agricole SA, said: "Risks and stocks remain a prevalent mechanism driving bonds at...

Gold however rose as investors deperately looked for alternate investment options other than the weak dollar. Darren Heathcote, head of trading at Investec Bank Ltd. in Sydney, said: "There are long positions building up. There’s a pretty good reason for it as we continue to see the U.S. dollar...

Markets in Europe closed in the blue yesterday after following Wall Street's rise on better results from Morgan Stanley. Tammo Greetfeld, equity strategist at UniCredit Group, said: "The general theme continues to be that the significant improvement we have seen in economic indicators also...

and also have patience !! we need to do home work and some analysis as well....