Daily Analysis

Date:October 12, 2018 • Posted by: TrioMarkets Team

Gold Surges $30 Higher to 9-week Record – 12 OCT 2018

Gold prices jumped to $1226 per troy ounces on Thursday marking a 9-week high after a massive safe-asset buying, which helped recover some of its 10% loss incurred over the


Date:October 11, 2018 • Posted by: TrioMarkets Team

Oil under Pressure on Huge API Draw – 11 OCT 2018

Despite oil production has fallen on precautionary measures taken by producers against hurricane Michael, WTI price suffered another hit down to $72 per barrel. The category 4 storm affected the


Date:October 11, 2018 • Posted by: TrioMarkets Team

Nasdaq Suffers Brexit-like Loss Ahead of Earnings Season – 11 OCT 2018

Yesterday’s correction on NASDAQ seem to suggest that the stock market’s 5-month winning streak will most likely end in October. The downbeat reaction against a rally driven by domestic economic


Date:October 10, 2018 • Posted by: TrioMarkets Team

Google Appeals $5bln Fine, Europe Gears Up New Investigations – 10 OCT 2018

Alphabet Inc (Google) filed an appeal against a 4.34 billion euros antitrust fine for allegedly abusing the dominance of its Android mobile operating system, which harms competition. The tech giant


Date:October 10, 2018 • Posted by: TrioMarkets Team

Cable Posts Hefty Gains as UK Edges Closer to “Deal” – 10 OCT 2018

There has been more attention on the Labour MPs and whether they will vote for May’s plan while fears over a damaging no-deal agreement rise as the final EU summit


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Date:October 9, 2018 • Posted by: TrioMarkets Team

Italian Risk Returns Adding Pressure on Euro – 09 OCT 2018

Matteo Salvini, Italy’s joint deputy prime minister, attacked financial speculators and EU officials yesterday at a joint press conference in Rome, describing the European Commission and its leaders as “enemies


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Date:October 9, 2018 • Posted by: TrioMarkets Team

Chinese Yuan Weaker Following Return from Golden Week – 09 OCT 2018

Peoples Bank of China (PBOC) cut the reserve requirement ratio (RRR) for most commercial banks for the fourth time this year following a number of weak manufacturing and investment data


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Date:October 5, 2018 • Posted by: TrioMarkets Team

Oil Heads for 4-week Streak on Fears of Supply Disruptions – 05 OCT 2018

Crude oil is heading for its longest bullish streak this year amid rising fears over Saudi Arabia and Russia’s ability to increase production. Over the past four weeks concerns of


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Date:October 5, 2018 • Posted by: TrioMarkets Team

Investors Eye Jobs Report, Focus on Wage Growth – 05 OCT 2018

Nonfarm Payrolls averaging at 207K per month in 2018, compared to 182K last year, showing signs of strong growth following increased profits from tax cuts and a robust economy. Economists


Date:October 4, 2018 • Posted by: TrioMarkets Team

Pound Takes Breather Following Brexit News – 04 OCT 2018

British Pound rose on Thursday amid an ‘all-UK customs union’ backing from Ireland, according to a media report. UK Prime Minister Theresa May was seen dancing onto the stage following


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