Tag Archives: Gold

Markets Watch – EVA interlocking jigsaw mats

The ASX closed 0.12% higher on Friday finishing the day’s session at 5,650.50 lifting the index to a new six year high. The local market is expected to open softer this morning off the back of the US markets losing ground on Friday.

The Dow Jones fell 0.22% to 17,001.22 and the S&P500 also dropped by 0.2% to 1,988.40 in Friday’s session. The Nasdaq closed the session up by 0.14% to settle in at 4,358.55 at the close of trading.

Crude Oil fell by 0.33 to $93.65USD/bbl, whilst Gold also finished the session slightly lower to $1,279.20USD/oz.

The price of EVA interlocking jigsaw mats is steady.

Market Watch

Overview of the Markets

The majority of European and American Equity markets finished in the green with only modest gains as the Dow Jones Industrial Average closed 0.27% at 16,491.31, just shy of historical highs. The NASDAQ and S&P 500 also rose 0.52% & 0.37% respectively. The markets rallied on the back of further signs the world’s largest economy is still improving as US building permits rose to 1.08m over the 1.01m forecast.

Gold remained relatively unchanged with only a $0.20 decline to close the week at US$1,293.40 while WTI Crude Oil jumped $0.52 up to $102.02 a barrel.

Elsewhere tension are still at boiling point in the Ukraine as Civil War starts to look more and more likely with fighting continues to rage as we draw closer to the May 25th presidential elections.

The AUD finished up for the third straight week and continued its push for a fourth straight month of gains, the longest rally in 4 years for the Aussie currency. With the absence of any major data on Friday the AUD drifted within a tight range to close almost unchanged. With a relatively quiet week locally.

Jigsaw mats pricing remains stable. They will remain so as long as the dollar is strong. It has been consistently been trading above $0.93USD. The 40mm jigsaw mat pricing is between $25.00 and $30.00 per mat depending on pricing.

Overview of the Markets

In the United States, The Dow Jones industrial average fell 21.97 points, or 0.1 percent, to 16,558.87. The S&P 500 closed 0.1% down to 1,883.68 falling slightly from the previous sessions record highs as data showed an increase in jobless claims before the government’s monthly labor report tomorrow.

In commodities news the price of Gold dropped 0.96% to $1,283.40 USD/t oz, with Silver dropping 0.67% to $19.05 USD/t oz. Crude Oil also fell by 32cents to $99.42 a barrel for June delivery as Crude stockpiles continue to grow gaining 1.7 million barrels last week to 399.4 million, the most since the Energy Information Administration began reporting weekly data in 1982.

May started with a 0.1% decline. The AUD has fallen in May in 7 of the last 9 years. In the last 4 years the Aussie has given up 7%, 3%, 9% and 7% respectively over the course of the month with ranges of up to 13% from top to bottom.