Gold steady today after yesterdays highs.

Tuesday, 19 April 2011 02:23

Gold hovered around the 1,500 level after hitting new highs yesterday off the back of the S & P downgrade of the US. The 14 day RSI rose to 71.204, above the level of 70 that most believe as a sign that prices are ready to retreat.

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Australian markets off

Tuesday, 19 April 2011 10:33

All Ord’s and ASX 200 both fell around 1.5 % to close at 4,874 and 4,793 with the mining and energy sectors hit the most

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US Bond Market Update

Tuesday, 19 April 2011 06:53

The US bond market treasury yield curve has steepened with long-term rates rising and short-term rates falling after the S&P announcement which will certainly worry holders of US dollars.

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US Commodity Markets

Tuesday, 19 April 2011 06:33

Oil fell for the first time in four days in NY after Saudi Arabia the world’s biggest crude exporter, said the global market has enough supplies to meet demand

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US Market Close

Monday, 18 April 2011 11:57

US markets edged their way up from session lows yet still settled losses in the 1% range. Initially weakness was the result of debt issues in Eurolands markets and the US opened trade sharply lower.

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