Gold: Gold is down this week as the strong dollar weighing on the yellow metal, currently trading at $1265 per ounce with a strong support at $1260 per ounce and resistance at $1304 per ounce. Silver: in line with the gold, currently trading at $16.25 per ounce with an immediate psychological support at $16 per

OPEC Said oil supply increase is acceptable if justified from demand side and agreed by all OPEC members.

New Zealand’s economy expanded by 0.5 percent in the first quarter of 2018, meeting market expectations, but the economy is growing a bit below trend and it is expected to struggle to achieve strong rates of growth from here. 

Prices of bitcoin surged to a new record-highon Wednesday, surpassing the recently reached $10,000 mark, to $12,000, gainingjust over $500 since the day’s open and a gain of more than 4% overall. The digital currency rose more than 10 times from $1,000 since the start of the year. According to a report from the BPI,

Australia gross domestic product (GDP) rose 0.6% q/q in the third-quarter of this year, missing market expectations of 0.7% q/q/ growth, down from revised 0.9% q/q increase seen the previous quarter. On an annual basis, it climbed 2.8% y/y, which is lower than the Reuters’ median consensus of 3% y/y growth, but it is way

Euro up vs the greenback after two straight days of losses USD/CAD gains ahead of BoC’s monetary policy decision AUD slides after reading lower-than-expected Q3 GDP EUR/USD: The euro traded higher vs the greenback during an early trading session Wednesday as the latter suffered after gaining for two successive days on progress in the tax

The AUDUSD rose by 14 pips from today’s London session low of 0.7601 following the disappointing news that the U.S. ISM Non-Manufacturing Composite rose by 57.4 vs. the 59 anticipated in a Bloomberg poll. The disappointing news appears to have trigger profit taking in the AUDUSD, which declined sharply today from a London morning high

Banxico new Governor Alejandro Diaz de Leon is expected to keep the benchmark interest rate unchanged at its monetary policy meeting, whichis scheduled for December 14 at 19:00GMT. Since his appointment a week ago the new governor has been caught up stressing that he would keep up monetary policy setting continuity and stability along with

The Eurozone retail sales fell 1.1% m/m in October, worse than the Reuters’ median consensusof -0.7% m/m decline, down from 0.8% revised growth seen in September. This was the biggest monthlydecline since December 2013. On an annual basis, it 0.4% y/y, way lower than the market expectations of 1.5% y/y growth, down from 4% y/y