http://www.fxstreet.com/fundamental/market-view/market-insights/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-10.htmlA ray light in Greece was seen as the Greek Prime Minister announced that 'discussions between the Greek government and the Troika were successfully completed'. Greece and the EU/IMF/ECB troika appeared to have agreed a package of austerity measures and economic reforms for tapping the new tranche of rescue funding. The package is scheduled to be voted in the Greek Parliament on Sunday. The agreement will be discussed at the Eurzone finance ministers meeting to be held in Brussels and then beFri, 10 Feb 2012 03:54:38 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-10.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-09.htmlFinancial markets waxed and waned on Greek bailout fund and the PSI deal. A step closer to the new tranche of funding as the debt-ridden government agreed to cut minimum wage by 20-22%, reduce public service job by 15 000 and lower pensions. The EU/IMF/ECB troika remained scheduled to hold a meeting at 6 pm in Brussels tomorrow to discuss the Greek rescue package. Germany's Deputy Finance Minister Steffen expressed his disappointed in Greece, saying the country had made little progress sinceThu, 09 Feb 2012 03:53:47 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-09.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-08.htmlDespite the delay of a meeting between Greece and the IMF/EU/ECB troika due to 'missing paperwork' and the unexpected decline in Germany industrial production, market sentiment was buoyed as a the Greek deal is expected to be finalized soon. Fed Chairman Ben Bernanke reiterated what he said before at the testimony before the Senate Budget Committee signaling the monetary stance has not been changed after the January employment report. Wall Street gained with DJIA and S&P 500 Index risingWed, 08 Feb 2012 04:24:58 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-08.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-07.htmlMarket sentiment was negatively affected by the lack of progress in Greece's PSI and deal with the troika regarding the new bailout package. Wall Street retreated with the DJIA and S&P 500 losing -0.13% and -0.04% respectively. 2 major crude oil benchmarks continued to move in opposite directions. WTI crude oil slipped amid talks of IEA's downgrade of its 2012 demand forecast while Brent crude surged on exceptionally cold weather in Europe and global supply constraints after sanctions onTue, 07 Feb 2012 03:52:21 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-07.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-06.htmlMarket sentiment driven by the upbeat US employment report proved to be short-lived as concerns over debt problems in Greece emerged. The euro slipped in Asian session as an agreement between the debt-ridden European periphery and the EU/IMF/ECB troika on the second package worth of 130B euro has not been reached although Greece is required to settle its bond repayment worth of 14.5B euro by March 20. Gold fell last Friday as the US dollar strengthened. The benchmark contract remained underMon, 06 Feb 2012 04:42:23 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-06.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-03.htmlIt was a tale of two cities in the performance of 2 oil benchmarks. The sharp increase in oil supplies in the US continued to weighed on WTI crude oil prices while tensions over Iran boosted Brent crude prices for another day. Gold strengthened further on the Fed's easing prospect and weakness in the US dollar. The market sentiment fluctuated during the day, being lifted by Chinese Premier Wen's comments on European debts but then damped by the cold water poured by Jean-Claude Juncker, Head ofFri, 03 Feb 2012 04:22:22 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-03.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-01.htmlMarket sentiment was lifted by encouraging PMI data in February. Moreover, rumors of an agreement on Greek PSI and Fitch's comment on Portugal also sent risk appetite higher. Wall Street soared with DJIA and S&P 500 gaining +0.66% and +0.89% respectively. In the commodity sector, oil's performance was mixed. While Brent crude climbed higher on improved manufacturing data and tensions over Iraq, WTI crude erased all gains made earlier in the day after the DOE/EIA reported a sharp increaseWed, 01 Feb 2012 04:19:52 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-02-01.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-31.htmlFinancial markets were a tad lower as the EU summit delivered no surprises to tackle the problems haunting the Eurozone. Wall Street dropped with DJIA and S&P 500 slipping -0.05% and -0.25% respectively. In the commodity sector, oil prices fell with the front-month contract for WTI crude oil dipping to a 3-day low of 98.43 before settling at 98.78, down -0.78%, while the equivalent Brent crude contract ending the day at 110.75, down -0.62%. Gold also declined for the first time in 4 daysTue, 31 Jan 2012 03:23:05 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-31.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-30.htmlFinancial markets retreated in Asia Monday as driven by disappointing US GDP and Fitch's downgrades of credit ratings of several Eurozone countries including Italy and Spain. The situation in Greece remained uncertain. The EU/IMF/ECB troika was unsatisfied with Greece's progress in budget reduction and warned that further funding might be withheld should the country fail to improve efficiency. A FT report stated that Germany required Greece to give up control over its fiscal decision. Instead,Mon, 30 Jan 2012 04:58:04 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-30.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-26.htmlAfter a dip to 1649.2, gold rebounded sharply and settled at 1700.1, up +2.17%. The consecutive weekly gains over the past week suggest that the correction from 1923.7 in early September has probably ended at 1523.9 in December. A deliberate break above 1750 would give more evidence on the resumption, and likely the last leg, of the long-term uptrend. Gold's surge yesterday and the strength today have been driven by the dovish January FOMC statement. The first rate hike will be delayed to atThu, 26 Jan 2012 05:05:15 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-26.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-20.htmlWorries over the sovereign debt crisis in the Eurozone eased temporarily after the successful Spanish auction. Reports also showed that Ireland has passed its latest IMF/EU assessment. In Greece, there have been speculations that a PSI resolution would be reached soon. Market sentiment was also lifted by better-than-expected US jobless claims. Wall Street climbed higher with DJIA and S&P 500 gaining +0.37% and +0.49% respectively. In the commodity sector, oil slipped as US fuel demandFri, 20 Jan 2012 04:15:04 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-20.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-19.htmlOil prices had a volatile day on Wednesday, initially climbing higher but gains were than erased amid a report that the Keystone XL pipeline proposal was rejected by the government. The IEA's latest forecasts indicated a fall in oil demand in 2012. The front-month contract for WTI crude oil ended the day at 100.59, down -0.12%, while the equivalent Brent crude contract plunged -0.78% to settle at 110.66. On the macro front, the World Bank lower its global growth forecast to +2.5% for 2012,Thu, 19 Jan 2012 04:01:20 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-19.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-18.htmlOil prices staged a strong rebound yesterday amid better-than-expected economic data from China, the US and Germany. Also sending prices higher were escalated tensions in Iran. The front-month contract for WTI crude oil soared to 101.01 before settling at 100.71, up +2.04%, while the equivalent Brent crude contract initially climbed to a 3-day high of 112.78 before ending the day at 111.53, up +0.17%. The BOC left the overnight rate unchanged at 1% but forecasting global economy would grow atWed, 18 Jan 2012 04:10:25 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-18.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-17.htmlFinancial markets traded quietly yesterday as US market was closed on Martin Luther King holiday. In the Eurozone, S&P has also downgraded the rating of EFSF by one notch to AA+ after downgrades of a number of Eurozone countries last week. Yet, the reduction of the rating of the EFSF was probably anticipated as Germany's Chancellor stated over the weekend that she was of the opinion that the EFSF necessarily has to be AAA ... AA+ is also not a bad rating'. Investors also appeared to haveTue, 17 Jan 2012 04:48:40 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-17.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-16.htmlnancial markets plummeted on Asian session Monday as massive downgrades of European credit ratings triggered selloff. S&P's downgrade of Italy's rating was particularly dramatic and the ECB pledged to do whatever it could to calm the market. The MSCI Asia Pacific Index slumped more than -1%. Last Friday, Wall Street lost with DJIA and S&P 500 falling -0.39% and -0.495 respectively. In the commodity sector, oil prices stabilized after the decline last week while gold recovered afterMon, 16 Jan 2012 04:34:33 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-16.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-13.htmlOil prices traded with great volatility and ended the day with losses, resulting from a confluence of news from Europe. On the positive side, the latest Spanish and Italian bond auctions were well-received, though it was due more to the cheap ECB liquidity than improved confidence in the European sovereign bond market, and the ECB President Draghi expected that economy in the 17-nation Eurozone will recovery in 2012, albeit 'very gradually'. These news helped increase risk appetite and sentFri, 13 Jan 2012 04:02:40 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-13.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-12.htmlWhile awaiting the first ECB meeting of 2012, investors moved cautiously on Wednesday. The market was in a modestly risk-off tone amid concern over a downgrade of French credit rating and talks over the Greek PSI. The latest Fed Beige Book indicated economic activity in the US expanded at a 'modest to moderate pace' from late November to late December. As shown in the Beige Book prepared by the San Francisco Fed, 7 districts recorded 'modest' while 2 reported 'moderate' growth late November toThu, 12 Jan 2012 04:01:34 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-12.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-11.htmlMarket sentiment was bolstered amid speculations that China will step up its monetary easing policy, encouraging sales and guidance from Alcoa and stronger-than-expected US economic data. Wall Street climbed with DJIA and S&P 500 gaining +0.56% and +0.89% respectively. In the commodity sector, the front-month contract for WTI crude oil added +0.92% to settle at 102.24 while the equivalent Brent crude contract bounced +0.74% to end the day at 113.28. Oil prices were supported as the EU andWed, 11 Jan 2012 04:51:09 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-11.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-10.htmlFinancial markets struggled as sovereign debt problems in the Eurozone returned to the centre stage. European bourses slid although Germany and France suggested that the fiscal compact may be completed by the end of January. Wall Street edged higher but the outlook was not too bullish. In the commodity sector, the front-month contract for WTI crude oil initially to slipped to 4-day low of 100.1 before recovering to 101.31 at close while the equivalent Brent crude contract settled at 112.45Tue, 10 Jan 2012 03:10:06 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-10.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-09.htmlFinancial markets eased a tad in Asian session on Monday. While the US data released last week contained pleasant surprises, sovereign debt problems in the Eurozone remained worrisome. As the US calendar will be light this week, the focus will once again be on Europe. German Chancellor Merkel and French President Sarkozy will have their first meeting in 2012 today, discussing about new policies about fiscal discipline negotiated in early December. The meeting will be followed by a pressMon, 09 Jan 2012 04:38:26 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-09.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-06.htmlOil prices fluctuated Thursday, driven by confirmation of European sanctions on Iran, renewed concerns over sovereign debt crisis in the Eurozone and better-than-expected US economic data. The front-month contract for WTI crude oil faltered below Wednesday's close of 103.74 and dropped to as low as 101.3 before settling at 101.81, down -1.37%, while the equivalent Brent crude contract initially spiking higher to 114.64 before ending the day at 102.74, down -0.08%. Gold climbed higher for a 4thFri, 06 Jan 2012 05:08:04 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-06.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-05.htmlFinancial markets consolidated earlier gains due to the ongoing fragile global economic conditions as the New Year begins. Sentiment weakened yesterday after Italy's Unicredit announced 43% discount on rights offer and news that the Spanish government helped the Valencia region make an overdue payment to Deutsche Bank. On a positive note, US' General Motors, Ford and Chrysler reported better-than-estimated vehicle sales in December. Factory orders in the US also came in line with expectations.Thu, 05 Jan 2012 04:35:29 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-05.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-04.htmlCommodities rallied as driven by strong US economic data and escalated tensions between Iran and the West. The front-month contract for WTI crude oil jumped to 103.16, the highest level since May 2011, before settling at 102.96, up +4.18%. The equivalent Brent crude contract also soared +4.42% to end the day a 112.13. Gold rose further as the US dollar weakened and geopolitical tensions intensified. The benchmark Comex contract climbed to a 4-day high of 1608.7 before closing at 1600.5, upWed, 04 Jan 2012 05:05:20 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-04.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-03.htmlInvestors were bolstered by stronger-than-expected PMI data from China and India. Stocks advanced with the MSCI Asia Pacific ex-Japan Index gaining more than +1%. In the commodity sector, oil and gold rose as driven by improved market sentiment. Currently trading at 100.25, the front-month contract for WTI crude oil climbed above 100 again in Asian session today after plunging to as low as 98.61 Monday while the equivalent Brent crude contract rebounded to 108.5. Gold price rose for a secondTue, 03 Jan 2012 03:40:50 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2012-01-03.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-23.htmlCommodities traded within a narrow range but with a mildly positively tone. Unexpected decline in initial jobless claims in the US, together with better-than-expected confidence data, sustained the market. Intensified geopolitical tensions in oil producing countries also supported oil prices. The front-month contract for WTI crude oil climbed to as high as 100.05 before settling at 99.53, up +0.87%, while Brent crude contract closed largely flat at 107.89. Bombings in Baghdad killed about 60Fri, 23 Dec 2011 05:17:30 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-23.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-22.htmlDespite the rise in Wall Street and crude oil prices, market sentiment remained fragile amid renewed concerns over sovereign debt crisis in the Eurozone. The greater-than-expected demand for the ECB's first LTRO raised worries that the balance sheets of European banks were worse than previously anticipated. Added to the worries were the US existing home sales which surprisingly dropped last month. The ECB lend 489.2B euro to 523 banks in the Eurozone through a 3-year LTRO at 1%. The amountThu, 22 Dec 2011 04:40:25 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-22.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-21.htmlFinancial markets rebounded sharply yesterday as investors were thrilled by stronger-than-expected US housing data and Germany's confidence indices. Wall Street jumped with DJIA and S&P 500 gaining +2.87% and +2.98% respectively. In the commodity sector, the front-month contract for WTI crude oil surged to 97.45, the highest level in 4 days, before settling at 97.22, up +3.56%, while the Brent crude contract also jumped to a 4-day high of 107.27 before ending the day at 106.73, up +2.98%.Wed, 21 Dec 2011 04:45:02 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-21.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-20.htmlFinancial markets recovered after the selloff yesterday. Stocks steadied in Asian session with Korean shares rebounding as investors believed the decline after Kim Jong-il's death was excessive. In the commodity sector, oil rebounded modestly as geopolitical tensions gave commodities a boost. Besides, the instability in the Korean peninsula, the market was also worried about the economic sanction in Iran as a penalty of the Islamic regime's nuclear program. It's reported than Japan will sufferTue, 20 Dec 2011 05:35:15 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-20.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-16.htmlFinancial markets recovered modestly as driven by stronger-than-expected US data and the successful Spanish bond auction. Wall Street rose with DJIA and S&P 500 gaining +0.38% and +0.32% respectively. In the commodity sector, Brent crude for December delivery closed almost flat while the equivalent WTI crude contract dropped more than -1% amid demand concerns after OPEC's raise in output ceiling. US economic data delivered pleasant surprises. Initial jobless claims surprisingly declined toFri, 16 Dec 2011 04:08:33 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-16.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-15.htmlOil prices tumbled as the OPEC decided to raise the output ceiling although global economic headwind would likely reduce demand rather than increase it. Meanwhile, debt-ridden countries in the Eurozone continued to struggle. Italian bond auctions held yesterday was viewed negatively although the government managed to sell 3B euro of the 5-year bonds. The front-month contract for WTI crude oil plummeted to a 5-week low of 94.21 before settling at 94.95, down -5.18%, while the equivalent BrentThu, 15 Dec 2011 03:01:33 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-15.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-14.htmlCrude oil prices rebounded yesterday but gains were pared as the FOMC meeting turned out to be a non-event. The front-month contract for WTI crude oil initially jumped to a 3-day high of 101.25 before settling at 100.14, up +2.42%, while the equivalent Brent crude contract soared to as high as 111.1 before ending the day at 109.5, up +2.09%. Gold remained weak with the benchmark Comex contract plunging to 1625.5, the lowest level since October 21, before bouncing back to 1663.1 at close. StockWed, 14 Dec 2011 04:51:29 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-14.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-13.htmlThe EU summit did little to help revive market confidence. On the contrary, investors got more pessimistic and risk appetite declined as rating agencies warned of downgrading credit ratings of European bonds. Wall Street plummeted with the DJIA and S&P 500 losing -1.34% and -1.49% respectively. In the commodity sector, the front-month contract for WTI crude slipped -1.65% while the equivalent Brent crude contract dipped -1.23%. The benchmark Comex contract for gold fell in tandem with,Tue, 13 Dec 2011 04:15:27 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-13.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-12.htmlFinancial markets made little response to the EU summit over the weekend. Although some measures were announced in an attempt to contain the sovereign crisis in the Eurozone, much uncertainty remained. Implementation risks of the measures were also high, making the feasibility and effectiveness of them questionable. In the commodity sector, WTI crude oil remained steady at around 99 and 108 respectively while gold moved sideways at around 1710. The EU summit can be concluded in 4 points.Mon, 12 Dec 2011 03:53:23 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-12.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-08.htmlInvestors remained cautious ahead of the ECB meeting and the EU summit. There were mixed opinions on whether the summit would be a fruitful one. A report said that an unnamed senior German official stated that 'we are now more pessimistic than last week over a significant summit deal'. Yet, France pledged to secure a 'powerful' deal. The ECB is expected to cut the main refinancing by at least -25 bps. It is also likely to extend 2-year loans to banks and widen the range of acceptableThu, 08 Dec 2011 04:43:10 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-08.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-07.htmlFinancial markets steadied although the S&P announced to have put long-term ratings of the EFSF on negative watch, signaling the AAA rating of the fund could be lowered by one or two notches. The move, together with the previous warning that ratings of 15 countries in the Eurozone would be put on negative watch, is expected to push EU leaders to devise more creditable measures to contain the sovereign debt crisis. Wall Street gained modestly with DJIA and S&P 500 climbing +0.43% andWed, 07 Dec 2011 04:25:46 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-07.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-06.v02.htmlWall Street was up yesterday with DJIA and S&P 500 gaining 0.65% and +1.03% respectively. European peripheral yield spreads also narrowed as Merkel and Sarkozy had reached a 'comprehensive' agreement on treaty and fiscal rule changes. Meanwhile, Italy's new fiscal package worth of 30B euro was also taken positively. Despite a strong start yesterday, market sentiment deteriorated after a report that S&P has placed 15 European countries, including Germany and France, under negativeTue, 06 Dec 2011 04:24:50 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-12-06.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-25.htmlAs Wall Street was closed for Thanksgiving Day holiday, the focus was once again on the Eurozone. More bad news was received and financial market sank further. Germany's Chancellor Angela Merkel reiterated her disfavor on Eurobonds while Fitch's downgraded Portugal's credit rating to non-investment grade. In the commodity sector, Brent crude rebounded and closed at 107.78. Near-term risk is skewed to the downside, though. In the joint statement released by Gemany and France, Merkel and SarkozyFri, 25 Nov 2011 02:13:00 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-25.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-24.htmlMacroeconomic events were weak across the board, sending stocks lower as investors fled from risky assets. China's PMI data slid to the lowest level since March 2009. In the US, Moody's warned that US AAA rating was at risk if policymakers failed to agree on the 1.2 trillion in spending cut over 10 years. Yields of German bunds soared after a disappointing auction of the country's securities. Wall Street plummeted with DJIA and S&P 500 losing -2.05% and -2.21% respectively. Oil prices alsoThu, 24 Nov 2011 02:33:33 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-24.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-22.htmlFinancial markets slumped in the US session as the debt panel of the Congress failed to agree on the 1.2B deficit cut deal. Wall Street declined across the board. Although sentiment recovered modestly after Moody's and S&P's pledged that they would retain the credit rating of the US, DJIA and S&P 500 still made loses of -2.11% and -1.86% respectively. In the commodity sector, the front-month contract for WTI crude oil plummeted to as low as 95.24 before settling at 96.92, down -0.50%,Tue, 22 Nov 2011 02:52:40 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-22.htmlhttp://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-18.htmlFinancial markets tumbled as sovereign debt crisis worsened and the focus was turned to Spain. The disappointing Spanish bond auction sent yield higher and revealed the weak confidence towards the country. Wall Street slumped with the DJIA and S&P 500 losing -1.13% and -1.68% respectively. Commodities plummeted with the front-month contracts for WTI and Brent crude declining -3.67% and -3.27% respectively. Gold slid -3.06% during the day. Spain sold 10-year bonds worth of 3.5B euro at anFri, 18 Nov 2011 03:31:36 GMThttp://www.fxstreet.com/fundamental/market-view/contact@oilngold.com (Oil N' Gold)http://www.fxstreet.com/fundamental/market-view/market-insights/2011-11-18.html