Which is better – gold or silver? Often consigned as an industrial metal with limited value, silver has outshined gold in the past 18 months. But the metal has the makings of a speculative bubble, charts suggest.
Asian stocks fell on Monday, as fears of more turmoil in the Middle East and higher oil prices overshadowed solid U.S. payroll data.
Both the euro area's public debt and public deficit are lower than those in the US, so the euro and European stocks could post a strong rise this year, Peter Westaway, chief Europe economist at Nomura, said.
Asian stocks rose on Friday, responding to growing confidence in the U.S. economic outlook, which fueled a rally on Wall Street and sent commodity prices higher.
Asian stocks edged higher on Thursday, as gains on Wall Street lifted sentiment and offset worries about surging oil prices due to turmoil in the Middle East.
Asian stocks fell on Wednesday, with declines on Wall Street and continued rises in crude oil prices dampening investor sentiment and weighing on issues that are sensitive to energy prices.
Oil continues to be the front and center of investors' focus this week, with nymex crude surging beyond the $100/barrel mark as unrest in the Middle East sparks concerns about possible supply disruptions. There are six significant factors to bear in mind as we examine the West Texas Crude (WTC)price chart.