US stocks experienced their worse drop in 2 months before earnings season. Asian markets also declined as the Dollar traded as low as ¥107.8.

European markets are lower today as focus now turns to the FOMC Meeting Minutes which will be released at 6pm GMT today.

Oil sharply declined to a 2 year low after the IMF decision to cut the global growth forecast. The assumption is that if growth slows, demand for oil will also slow.

Gold gained and climbed above $1,215/ounce as the Chinese market re opened after holidays. Further gains were seen as the stock market and Dollar declined. Traders turned to safe haven assets following the IMF decision but this could be short term.

 

Trading Tip: If the FOMC Meeting minutes provide new information we should see Gold falling back down.

 

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After a strong rally last week investors started the week locking in profits by selling off the US Dollar and equities.

Asian markets were mixed during today’s session, while European markets were lower today after data from Germany disappointed the market.

Slight losses were seen after Germany released disappointing industrial production data leading to assumptions that demand for oil could fall.

Gold is climbing as the Dollar weakens with profit taking. The low price seen on Friday also boosted physical demand.

 

Trading Tip: Pay notice to the situation in Germany to expect what will happen with the rest of the European economy.

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US stocks were rising as a result of the NFP data on Friday. The data was better than expected and showed that 236,000 jobs were created during the past month. In addition to positive payroll data the Unemployment rate also declined to its lowest level since 2008.

This also affected the Asian market, which rose as well during the day.

Disappointing data from Germany supported the slowdown in the European economy. This further drove speculation that the European Central Bank will need to act to boost the economy and avoid the risk of deflation.

Gold sharply declined after the labor data from the US was released. The metal trades inversely to the Dollar and the Dollar’s rise on Friday pushed Gold down to a 15 month low. Further declines were seen as stocks were also boosted and equities act as an alternative investment to the commodity. 

 

Trading Tip: As the price of Gold is so low, we could see an increase in physical demand. But with no key daya being released today, it is most likely that we will see the asset trading badly.

 

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Stocks in the US didn’t change much today. The reason is probably that the investors are waiting to trade until the announcement about the labor data comes out.

The Asian and European markets have been doing better today.

The Gold is still declining as a result of the expectation that the Fed will raise rates soon.

 

Trading TipGold traders should focus on today’s data from the US as it should provide some great short term trading opportunities.

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The stocks in the US continued to drop as a result of speculation that the Federal Reserve may higher interest rates soon.

Markets in Japan and Europe also did poorly today from different reasons. One of the reasons may be that investors are expecting the European Central Bank’s press release. The Yen however got stronger against the Dollar today.

Gold is still trading low but that might change tomorrow when the NFP will release their report.

 

Trading TipThere are a lot of important announcements in the next few hours and tomorrow. Follow them and make sure to trade to take advantage of the information.

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The US stocks closed lower today as a result of disappointing US economic data. The Asian and European markets were low as well.

The only exception however was the Manufacturing Index which caused that Yen to rise against the Dollar.

Gold declined as the Dollar rose due to speculation that the Fed could raise interest rates sooner. Today however, the metal has made strong gains. Traders should watch the US data later today as it could change the current direction of the price.

 

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The protests in Hong Kong and the tension in Syria has caused the US stocks to drop today. Asian markets were also mostly low today.

The biggest drop in the Asian market was The Hang Seng, which lost 1.28$, its biggest fall since 2012. Investors think that the reasons are the ongoing protests and the concerns that the Chinese growth is declining.

The Europeans markets were mixed today as a cause of data from the Euro zone. The data mentioned that there’s a negative inflation in Europe.

The USD is still going strong and investors are expecting that the US will raise interest rates soon. This caused the Gold to drop.

 

Trading Tip: It's a good idea to trade in Gold or USD. If one of them goes up, there's a good chance that the other will go down.

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The stocks in the US aren’t doing very well today, in spite of how high they closed on Friday.

Asian markets are mixed this week, with some shares rising and some dropping. The Yen seems to be dropping against the USD.

The markets in Europe opened low today as a result of a statement by the European Central Bank.

The growth in the US economy has been very well this last quarter, which means that there’s a good chance the demand for oil will increase and the prices will rise.

The protests in Hong Kong are shaking the markets, which can cause investors to invest in safer currencies like gold. As a result, the gold has been climbing after it has been in a 9 month low.

The USD is doing very well and has been climbing recently to a 4 year high against various currencies.

 

Trading TipTypically, gold moves in the opposite direction to the Dollar so there's a good chance that the gold will drop since the Dollar is climbing.

 

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The US markets dropped today, mostly because international tension. Investors try to invest in safe places and stay away from riskier assets.

The Asian and European markets were mostly mixed with some ups and downs.

The US attacks in Syria and the traders moving to safer stocks made the Gold rise. The stock market was generally low today and Gold is a pretty good alternative investment.

 

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The US stocks and home sales dropped after data suggested that they would not do well.

Asian stocks dropped as well, falling across the board. European markets were not different and dropped like the US and Asian markets.

The oil price rose today to $91.50/barrel, while gold finally climbed after a long time due to airstrikes against ISIS in Syria.

 

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