Asian Equities Descend Outside Japan, Yen Plunges to Six-Month Low

New York, November 15 (FinanceEnquiry.com) – On anticipations that elections approaching month will give authority to the opposition which supports limitless easing, shares of Japan jumped and the yen toppled to a low of six-month. Furthermore, on apprehension that the commonly named US fiscal cliff will...

Profits of Lenovo Soar by 13 Percent

New York, November 8 (FinanceEnquiry.com) – As informed by the Lenovo, a Chinese manufacturer of personal computers, in the three months finished September 30, it gained $162 million, or 1.6 cents per share. Moreover, worldwide revenues grew 11 percent to $8.7 billion. In order to turn out to be the...

Barclays: Silver Prices To Remain Volatile

New York, April 10 (FinanceEnquiry.com) – According to Barclays Capital, the prices of silver are expected to be volatile as the industrial demand outlook softens, although the appetite of investors is not overextended. This commodity was robust in the previous year, as the demand for industry and...

US Crude Oil Supply Increases

New York, March 7 (FinanceEnquiry.com) – The crude oil supplies of the US have risen 800,000 barrels, or 0.2 percent last week. Now the supply has reached the level of 345.7 million barrels, which is 0.9 percent less than the levels of the previous year. However, the analysts assumed a hike of 2...

Silver ETFs Surpasses Gold This Year

NEW YORK, March 3 (FinanceEnquiry.com) – Gold has showed an excellent place in the commodity market so far in 2012, returning above 13% year-to-date. Regardless of the growth, it has been still outshined by silver. The metal has returned a huge 27% year-to-date. Several factors that have aided the...

Precious and Base Metals Daily update for December 29

NEW YORK, December 29 (FinanceEnquiry.com) – Under precious metals, it was seen that February delivery bullion moved back for the six successive time, which is the longest period of deterioration for a most-active contract since March 2009. Yesterday, the futures dropped to a 3-month low of $1,550.90...

Silver Mining Stock Update as on December 28

NEW YORK, December 29 (FinanceEnquiry.com) – The following article discusses about the major silver mining stocks performance as on December 28. We begin our performance review with Silver Wheaton Corp. (NYSE: SLW), which was trading yesterday around $27.65, down by -4.33% from its last close. It is...