MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Global macro overview for 29/12/2015

Global macro analysis for 29/12/2015:

The CB consumer confidence index data were released during the US session today and it has beaten the expectations. The market has expected the level of confidence to increase just slightly to the 93.9 points from 92.6 a month before, but the actual number was at the level of 96.5 points. Please notice, that stronger consumer confidence often translates into increased consumer spending, a key driver of economic growth.

The Gold prices did react negativley after the data release and now the market is trading ahead of the important support at the level of 1066.30. The next resistance is seen at the level of 1081.52.

gold.jpg

The material has been provided by InstaForex Company - www.instaforex.com