الخميس، 11 أكتوبر 2012

U.s. crude inventories climbed up more-than-expected

Forex pros-official data showed on Thursday that crude oil inventories in the United States rose more-than-expected in the previous month.

In this report from the Directorate for energy and information said that us inventories of crude oil rose to a seasonally adjusted annual $ 1 671 M-0.482 M a month earlier.

Financial experts predicted on us inventories of crude oil rose 0.780 M in the previous month

USD/JPY rises after us unemployment data

Rise Forex-US dollar rose against the yen on Thursday and slipped against other major currencies, after official data showed that initial claims for unemployment declined significantly more than expected last week.

In European afternoon trading, the dollar extended its gains against the yen, USD/JPY rose by 0.42% to 78.50.

US Department of labor said the number of individuals who have applied for initial unemployment benefits last week dropped by a seasonally adjusted 30,000 to 339, 000 compared with expectations for an increase of 1, 000 to 370, 000.

Modified the previous week's figure of up to 369, 000 from 367, 000 previously.

Also strengthened sentiment on the euro amid optimism that lower ratings on Spain by standard and poor's rating agency would force the country to request rescue official.

Reduced s & p rated to Spain from BBB plus (+) to BBB minus (-) with negative expectations Wednesday evening, citing "increased risks about funding the Spanish General.
Rating Agency warned that the ability of Spanish political institutions to deal with the challenges and the current crisis, financial and economic decline.

The standard and poor's rating agency step consistent with Moody 's, lowered the rating on Spain in June.

Rating Agency warned that the ability of Spanish political institutions to deal with the challenges posed by declining ...

The Bank of Japan has increased the size of the asset purchase programme to 10 trillion yen last month.

The dollar slipped against the euro, with the euro/dollar by 0.41% to 1.2927.

Also strengthened sentiment on the euro amid optimism that lower ratings on Spain by standard and poor's rating agency would force the country to request rescue official.

Elsewhere, the dollar rose versus the pound slipped against the Swiss franc, with the decline of GBP/USD ratio 0.26% to score 78, 50 dollar/franc rate 0.50% to score 0.9344.

The dollar extended its losses against the Canadian and Australian counterparts, with the New Zealand dollar/Canadian by 0.54% to 0.9764, rising Aussie/dollar by 0.51% to score New Zealand woartvaa 1.0286/dollar by 0.31% to score 0.8188.

In Canada, official data showed that the trade deficit narrowed to 1.3 billion Canadian dollars in August, compared with expectations for a deficit of 2.0 billion Canadian dollars.

The Australian dollar remained supported after data showed the country's economy added 14,500 jobs in October, defying expectations of an increase of $ 3, 800.

The nation's unemployment rate rose to 5.4% in September, compared with expectations for an increase of 5.3%, from 5.1% in August.

The dollar index, which measures the greenback's performance against a basket of six other major currencies, rose 0.20 percent to 79.84.

Later in the day, the United States published official data on inventories of crude oil.

USD/CAD retreats to its lowest level after statements of claim America

Forex pros-the u.s. dollar fell to the lowest level at the Canadian dollar Thursday after official data showed that initial claims for unemployment declined significantly more than expected last week.

The dollar stood at/during us trading 0.9764 Canadian early, the lowest price for the pair since Tuesday, after the pair settled at 0.9771, down from 0.46%.

The husband probably will find near-term support at 0.9734, the lowest price since Oct. 5 and resistance at 0.9833, the highest price for the week ...

US Department of labor said the number of individuals who have applied for initial unemployment benefits last week dropped by a seasonally adjusted 30,000 to 339, 000 compared with expectations for an increase of 1, 000 to 370, 000.

Modified the previous week's figure of up to 369, 000 from 367, 000 previously.

Also strengthened sentiment on the euro amid optimism that lower ratings on Spain by standard and poor's rating agency would force the country to request rescue official.

The standard and poor's rating agency step consistent with Moody 's, lowered the rating on Spain in June.

Rating Agency warned that the ability of Spanish political institutions to deal with the challenges posed by declining ...

In Canada, official data showed that the trade deficit narrowed to 1.3 billion Canadian dollars in August, compared with expectations for a deficit of 2.0 billion Canadian dollars.

The Australian dollar remained supported after data showed the country's economy added 14,500 jobs in October, defying expectations of an increase of $ 3, 800.

Market sentiment has recovered generally hopes that lowering the ratings on Spain by s & p would force Madrid to request bailout plan, which he hopes investors can solve the debt crisis in the euro zone.

Reduced s & p rated to Spain from BBB plus (+) to BBB minus (-) with negative expectations Wednesday evening, citing "increased risks about funding the Spanish General.
Rating Agency warned that the ability of Spanish political institutions to deal with the challenges and the current crisis, financial and economic decline.

The Canadian dollar remained almost unchanged against the euro, with the Euro/Canadian of 0.02% to 1.2642.

Later in the session, the United States will publish official data on inventories of crude oil.

الخميس، 9 أغسطس 2012

Crude retreats amid hopes to solve the debt problem

Fallen crude oil futures on Thursday, with traders selling goods sells to reap gains after rising on Wednesday, which led to high prices to the highest level in three months.

On the New York Mercantile Exchange, crude oil was trading, crude 93.20 September in dollars per barrel during European morning trading, down by 0.16%.

Crude oil turned higher on Wednesday after a weekly inventory report from the US Energy Department showed a bigger than expected reduction of crude and petroleum products.

And the u.s. Energy Information Administration said that US stocks of crude oil fell by 3.7 million barrels in the week ending August 3, more-than-expected decline in 0.26 million barrels.

The Administration said that gasoline stocks fell by total 1.8 million barrels, while distillate stocks, which include heating oil and diesel fuel, fell by 0.7 million barrels.

According to the American Petroleum Institute, an industry group, United States crude oil stocks declined by 5350000 barrels last week, much more than the expected decrease of 0.26 million barrels.

The market remained supported by enhanced baalamal that the ECB will reduce the height of the Spanish and Italian borrowing costs next month.

At the same time, he supported the continued concerns about instability in the Middle East and fears of interrupted supplies from the North Sea oil prices.

The London-based Futures Exchange, Brent oil futures for September delivery increased by 0.25% to trade at $ 109.84 a barrel, where a difference between Brent crude contracts and when 18.65. $ Per barrel

Dollar rises against major counterparts on pending the decision of the Central Bank

Forex pros-USD rises against most major currencies Thursday, after European Central Bank cuts growth forecast, with sentiment supported by the Center remained the renewed hopes for new stimulus measures by global central banks.

During the European morning trading, the dollar rose against the euro, with the euro/dollar fell by 0.23% to deliberate upon 1.2334.

The euro came under pressure after European Central Bank could report monthly forecast contraction of 0.2% to 0.3% in 2012, but noted the growth of 0.6% in 2013, and 1.4% in 2014.

Market sentiment remained supported by enhanced baalamal that the ECB will reduce the height of the Spanish and Italian borrowing costs next month.

The dollar remained stable against the pound, with GBP/USD fell by 0.04 ٪ليسجل 1.5650.

Official data showed that the trade deficit in the United Kingdom had expanded more than expected in June, reaching one billion pound deficit 10.1 billion from 8.4 billion pounds the previous month.

Analysts expect the trade deficit to widen in the United Kingdom to 8.6 billion pounds in June.

Elsewhere, the dollar rose against the yen and the Swiss franc, with rising USD/JPY rate 0.06% to score high and 78.47 USD/CHF rose 0.26% of traded at 0.9739.

At its last meeting of the policy-making Central Bank left the amount of the purchase of assets when Japanese 45 trillion yen and its lending at 25 trillion yen. And the Bank also left interest rates close to zero, in a move that was widely expected.

Commenting on these decisions, said Central Bank Governor Masaaki Shirakawa of Japan had not forced the Council to make incentives unless the rising value of the yen.

The dollar remained stable, up against the Australian and Canadian counterparts and New Zealand, with a higher Canadian dollar/0.06% to 0.9949, the Australian dollar slipped 0.01% to score New Zealand slipped and 1.0567/USD 0.34% of traded at 0.8119.

Official data showed that the change in jobs in New Zealand dropped unexpectedly in the second quarter, by 0.1% after rising by 0.4% in the previous quarter.

And New Zealand's unemployment rate rose unexpectedly to 6.8%.

In Australia, official data showed that the economy added 14,000 jobs in July, while expectations increased after decrease 28300 10200 in the previous month.

The report also showed that Australia's unemployment rate unexpectedly fell to 5.2%.

In addition, export-related currency remained supported after data showed consumer inflation in China dropped to the lowest level in 30 months in July, adding to speculation that the country's Central Bank had carried out more cash.

The dollar index, which measures the greenback's performance against a basket of six other major currencies, up 0.15% 84.41 to score.

Later in the day, the United States will release official data on trade balance and initial unemployment claims.

الأربعاء، 8 أغسطس 2012

Brent above $ 111 a barrel with expectations falling North Sea production

Crude oil has stepped up to the beginning of the early trading with low potential for producing North Sea next month to a record low, and shipped price hopes that the Federal Reserve (the US Federal Bank) and of the European Central Bank further monetary loosening actions and because of tensions in the Middle East.

Brent contracts rose by 17: 07: 04 GMT by 0.02% registered trading levels around $ 91.38 a barrel, trading crude oil futures for September delivery is $ 88.2 for barrel levels and top $ 112.79 recorded when the barrel and lower at $ 96.63 a barrel compared with the opening price at $ 90.08 a barrel.

Rose Brent contracts with fears about supplies due to maintenance work in the North Sea and Middle East tensions and the start of the hurricane season in the Gulf of Mexico that could hinder oil and gas production, and Brent contract depends on four of the North Sea crudes are Brent wefortis wasbrg waikovisk, and scheduled for release schedule for exports of Fortis later on Tuesday and may indicate a decline in supplies to a record level for the four raw materials.

Brent September delivery contracts rose at a pace higher than contracts associated with October which means that crude oil futures contracts for next month after month worth less, and this is what is known in the market under the condition of the slope of the regression, and refers to a strong rise in demand for crude oil.

Crude oil prices supported expectations US stocks lower over the past week and this indication of improved demand for crude oil from the world's largest consumer, is expected to decrease inventory levels of 1.5 million barrels compared to the substantial decline in inventory during the previous week at 6.2 million barrels.

Enhanced crude oil futures gains after the American Petroleum Institute said u.s. crude stocks fell 5.4 million barrels local last week compared with expectations fall 300,000 barrels

Crude oil prices benefited from expectations that the ECB will buy government bonds of countries struggling to contain the European debt crisis, and investors that the Bank manipulated FBI agent became close to launch a new round of quantitative easing.

Gold stable over $ 1600 with hopes of monetary loosening of global central banks

Gold prices fell in early European session slightly but remains stable over $ 1,600 per ounce with expectations that the ECB will buy government bonds of countries struggling to contain the European debt crisis, and investors that the Bank manipulated FBI agent became close to launch a new round of quantitative easing.

Hover gold prices since the beginning of the week above the psychological barrier of $ 1,600 an ounce benefiting from increased euro after German Government backtracked on its position and supported the proposals of the European Central Bank Governor Mario draghi to buy government bonds from Italy and Spain for control of high yield bonds.

Growing expectations that the European Central movement after European Central Bank Governor Mario draghi in past interest resolution that monetary policy makers will do everything necessary to ensure the safe rescue system the single currency (euro), including control over the surge in borrowing costs.

Gold prices traded within a narrow range, with investors continuing suspense the ECB purchased bonds of struggling European countries, having manipulated the investors will decide this step in the next few weeks, and this is what will boost demand for gold as an inflation hedge.

Gold prices fell in real-time at 06: 35 GMT by 0.20% registered trading levels 1, $ 607.51 per ounce and recorded the highest at 1, 612.44 $ and lower at 1, $ 607.40 compared with the opening price at 1, 612.13 $, silver prices traded around $ 27.93 levels per ounce compared with the opening price at $ 28.11 and minimum recorded at $ 27.92 up when $ 28.12.

Gold prices derived its strength with the US dollar on the lowest level for three weeks with the talk about ease monetary policy in the United States weaker US dollar, and push investors to buy gold as a hedge and increased gains on gold.

Investor speculation built to facilitate monetary policy in the United States on the latest us jobs report, which noted the high rate of unemployment, despite the rising number of jobs added to the economy, and recent US data growth slowing growth this year faster over pressure on Federal Bank near United States of monetary loosening to support economic growth.

Dear reader, will keep gold prices traded within a narrow range during the current period until the Central Bank move, especially with the absence of basic data of important global economies as well as the decline in trading volumes.