Gold has witnessed some serious decline this month amid tight economic conditions in States. Gold is currently at $1,176.31 which dropped from $2,157.09, a sharp and unexpected fall. The economic situation has made it easy for investors to invest and make enormous profits from Foreign Exchange market and Stock Market. Euro has recently increased and economists believe that it will continue to rise till the end of September allowing investors to earn 22% profits on investments and therefore very few investments are being done in bullion and gold certificates.
The reason for fall of gold is due to precious metal’s slim demand however Gold miners are positive about the market in Future. Silver have also slipped to 0.8% in single day. The gold prediction in July and August looks bearish as investment opportunities in equities and trade have captured the market. The gold’s drop to eight-week low have already effected many countries regarding economic situation and other gold-backed investment portfolios. Analysts predict that after a short-fall in trade of Gold in the month of July, gold will rise to 11%.
[Source: Kitco]

Pound sterling hit to a seven-week low against Euro and it is expected that the trend will continue till the week-end. The Euro has been sharply rising since last Friday against major currencies and it has been predicted by our financial analysts that Euro will keep on rising till the month of September. The
The Euro currency exchange rate rose against U.S. Dollar Thursday, after frequent stock fluctuation. The market has again showed Euro investors hope that Euro will recover to new extents and this time profiting to almost 23.5%. “The currencies are following the fluctuation in the equity market and setting up the market trend for itself”, said Fabian Elision, head of U.S. currency sales at ASZ Financial Group Inc.
The stock markets around the world after FIFA world cup final 2010 looks sharp and upward as markets are steady and gaining around the world. The Dow, which was below 9,980 points last week is has now crossed 10,225 points which has shown enormous growth in the new york stock exchange. A similar trend was seen in Nasdaq and S&P 500 where they also showed signs of growth amid FIFA World Cup Final 2010.
The Stock Markets around the world were seen under negative trend specially in China where the industrial companies dropped and banks of China were seen rising. The stock markets around the world were cautious as U.S. services reports were disappointing allowing investors to be cautious in making investment move.
Oil prices rose to nearly $73 a barrel in Asia and similar effects were seen in stock market and euro exchange rate. The euro advanced to $1.2594 from $1.2537. The euro will continue rising till the end of August and then it will be the most suitable time for investors to sell their euros and earn more than 20% profits.
The trading was bearish on Monday amid worries over US economy and job market. It is believed that the world’s largest economy is suffering whereas other figures indicate that China’s economy could also be effected and slowed down.
FTSE has dropped to nearly 10 month low. The FTSE 100 is currently at 4,790 points and is still predicted to fall but analysts believe that the market will soon recover and will reach to 5,480 points. The matter of fact is that BP shares are on the rise which is not possible for investors to digest. The market falling and the BP shares rising is creating a panic in the market and investors are not sure about the future of the FTSE. The best time considered for new investors to enter market is now because the rates are lower and the shares prices are least. The investment sector should be targeted by previous market data prioritizing the airlines sector, food sector and energy sector. These sectors are predicted to give maximum returns on investments because their portfolio and market history have shown profits previously after decline. Investment in banking sector should be avoided because banks are also pulling their shares away from the market due to declining market and riskier investments.
Euro dips 0.2 pct to $1.2345 which is another negative day for eurozone. The Swiss franc also hit high against euro but this news will short live because analysts have predicted euro to incline in the month of July and will keep on rising till October. The investors are advised to buy euros now and sell in the month of September which will earn you a 20% gain on investments.
The Euro is currently at 1.1948 U.S. dollars and is expected to fall more till next week. Analysts predicted that euro debt crisis have become a global problem and with that investors are now questioning the strength of euro to be a global reserve currency. The euro have a history of fluctuation and this time the downfall of euro currency was fast hitting the ground rapidly losing it’s essence to attract investors. Those big players who had euro as an investment found the market formula and sold euro at the right time. Here at Financiere, we will help our readers to safely invest in Euro and then sell it at the right time to earn almost 22% profits.
