Forex Consulting

US Oct trade balance USD -48.7bln vs -47.5bln exp

US Oct trade balance report now out 5 Dec – USD -44.9bln prev down from -43.5bln – exports unch +1.1% vs Sept – exports of foods, feeds, and beverages decreased $1.3 billion. Soybeans decreased $1.4 billion.Capital goods decreased $1.2 billion. o Civilian aircraft decreased $1.1 billion Trade Copyright 2015 Forexlive.com

Forex Consulting

Gold worries about getting replaced by Bitcoin

Audio recap of what’s happened so far today The market wasn’t all that fixated on Tuesday’s run of economic data, with currencies confined to tight ranges and US equities contemplating the latest pullback off record highs. This put the spotlight on the price of gold, with the yellow metal coming under intense pressure on worry…