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Monday 17 August 2015

Commodity Trading Tips-17 Aug 2015

Commodity Calls, Commodity Trading Tips
Gold, Silver, China’s devaluation of its yuan last week helped gold recover some lost ground, but bullion has pared some of those gains as fears abated that Beijing would pursue a sustained depreciation of its currency.

crude oil Continues To Tumble,,Oil prices fell to near six-year lows on Monday as Japan’s economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices. Japan’s economy, the second biggest in Asia and No.3 in the world, shrank in the second quarter from a year earlier, adding to fears that slowdowns in Asia’s biggest economies will weigh on oil demand.

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