In electronic trading in Asia today the price of gold seems to have movement that tends to weaken
(21/11).
The price of this precious
metal seemed less
motivated to follow the rebound experienced by crude oil commodities.
The investors themselves
are still observing the continued tragedy of Gaza.
Gold
prices are likely to
move higher as safe-haven investments. The ongoing conflict in Gaza
between Israel and the Palestinians are still heating up despite the parties seek to have happen ceasefire. Failure of
efforts to reach a
cease-fire is likely to lead to rising gold prices.
However, for today's market movement was dominated by concerns about the possibility of having
the U.S. fiscal gap. Last night
Geburnur Fed Bernanke said that the central bank does not have the tools to address
the fiscal gap
if the damage happened.
Today the spot price of gold seems to
be the position of 1722.85
dollars per troy ounce. Commodity prices declined by
4:05 the dollar compared to the close of trading yesterday.
Vibiz Research Analysts estimate that the gold price movement is likely
to be sluggish for
today. The possibility of gold prices will experience
movement in the range of 1717 - 1730 dollars per troy ounce.
Korean stock
market for trading
today (26/11) closed flat. Movement
of the stock of the day is likely to have limited movement. The lack of
sentiment and a growing wave of profit-taking makes the stock moving slowly.
Investors apparently still want to keep the stock levels above 1900 basis points after last week had increased after falling to as low as 1800 points.
Kospi index closed flat at 1908.51 basis
points position. While the index futures experienced flat at 251.4 basis
points position with
the support level of 247.44
points and 254.22 points at level
resistant.
Division of
Research in Vibiz Vibiz Consulting predicts that the Korean market will still likely rise in the short term, though not too significant. Rising
stock movement will be
supported by the expectation
of rising global stock markets towards the end of the year.
Hong Kong
shares to trading
today (26/11) closed lower thin. Throughout today's trading to move markets is limited due to profit-taking
sentiment by investors after the strengthening of exchanges throughout last week.
The Hang Seng Index closed down 0.24% to 21861.81
basis points. While
the flat position
index futures experienced
21 890 basis points with the support level at 21,076 points and resistant level at 22 129 points.
Stocks are declining include HSBC Holdings fell 0.13% to 77.1 hkd, Hang Seng Bank's shares fell 0.34% to 117.1 hkd and Sun
Hung Kai Properties shares fell 0.09% to 113, 7 hkd.
Division of Research in Vibiz Vibiz
Consulting estimates that
the Hong Kong Stock Exchange are expected to rise again and approached the level of
21 900 basis points if the U.S. stock market today has increased.
U.S.
stock futures trade today (26/11) observed decreased. Concerns about the condition of
the U.S. financial sector related to "fiscal cliff"
apparently mounting. At the same time, investors are also looking forward to the results of the meeting of European Union leaders today.
Dow Jones futures
index fell 0.34% to 12 917 basis points, Nasdaq
futures index fell 0.22% to 2628 basis points and the S & P 500 futures fell 0.36% to 1400.3
basis points.
Stocks are declining
include DreamWorks shares fell 5.8% to 17 dollars,
Knight Capital shares fell 5.6% to 2.63 dollars, while Yahoo shares rose 2.4%
to 19.02 dollars.
According to the analysis of the
Division of Research at
Vibiz Vibiz Consulting, predicted
the movement of the U.S.
stock market will still move quite unstable with limited mobility due to lack of fundamental sentiments that exist today.
