Analytics, News, and Forecasts for CFD Markets: raw news — 07-04-2014.

(raw materials / closing price /% change)

Gold $1,297.30 -4.70 -0.36%

ICE Brent Crude Oil $105.82 -0.90 -0.84%

Oil prices show a slight decline on the news about the opening of the oil terminals in the north of Libya , reinforcing expectations of a quick recovery volume of supplies from the country. On the eve of the representative of the Libyan rebels announced the readiness of the rebels "temporarily" to open two export terminal on the east of the country , blocked earlier. 2 more Libyan port , also blocked , will open a month later . In total export capacity 4 terminals is about 900 thousand barrels per sutki.Ranee today media, referring to the country's Justice Minister Salah al- Margani reported that the Libyan government has agreed with the militants seized a number of oil ports in the country, the opening of oil terminals in Eze Zuvaytina cities and Mars el Hariga in the north. Note that oil production in Libya , which has the largest reserves of African oil has dropped dramatically due to the insurgency , blocking both mining and export capacity in the country. The volume of oil Libya in March 2014 fell to 250 thousand barrels per day from 1.4 million barrels a day year ranee.Soglasno data, the damage from the blockade of ports, which lasts nine months , authorities estimate at least $ 14 billion .

The dynamics also influenced the news that Iran intends shortly to increase oil production from 2.8 million to 4.2 million barrels per day. This was stated by Minister Bijan Namdar Iranian Oil Zangene . In an interview , he said that Iran " will not wait for permission USA " and that imposed by the U.S. and its Western partners sanctions do not become an obstacle for increasing exports . " We have extensive plans to increase oil exports, we have already increased its production to select the OPEC quota ," - said the Minister. Zangene expressed cautious optimism about the prospects for the abolition of oil sanctions , but noted that "if they continue ," that Iran would "work based on this situation ."

May futures for U.S. light crude oil WTI (Light Sweet Crude Oil) fell to $ 100.67 a barrel on the New York Mercantile Exchange (NYMEX).

May futures price for North Sea Brent crude oil mixture dropped 47 cents to $ 105.60 a barrel on the London exchange ICE Futures Europe.

Gold prices fell slightly after the highest growth for the three weeks of growth caused by the publication of a report on U.S. employment . The dynamics affect the likelihood of further reductions in the program of quantitative easing in the U.S. .

Investors continue to evaluate data on the U.S. labor market in March. As reported by the Ministry of Labour of the country , with the seasonally adjusted number of non-farm payrolls in March increased by 192 thousand added that the figures for January and February were revised by a total of 37,000 . Nevertheless , the unemployment rate remained at the same value in March - at 6.7 %. Economists forecast that the number of employees will grow by 196 thousand and the unemployment rate dropped to 6.6%.

Analysts note that the higher rate of employment would increase the likelihood of higher interest rates in the United States in the near future , and low interest rates - one of the most important incentives for higher gold prices in recent years.

Market participants are also waiting for the publication of minutes of the meeting of the Federal Reserve in March . Such data can exert significant pressure on the dynamics of market prices. Recall that during this meeting it was decided to decrease the volume of the quantitative easing program in the amount of $ 10 billion for the third consecutive time. Thus, the monthly amount of redemption will be now about 55 billion dollars. Moving at a pace further regulator can completely abandon the loose monetary policy in the autumn of this year. Most analysts hoped to see the outcome of the meeting in a more precise allusions to the program deadlines . In addition, they want to know when will increase the base interest rate . At the moment, there are suggestions that the rate increase from the current level of 0-0.25 % will begin no earlier than mid- 2015.

Meanwhile, adding that stocks the world's largest gold exchange-traded fund secured SPDR Gold Trust on Friday fell by 1.8 tonnes to 809.18 tonnes.

Demand in the physical market dropped as markets in China , the world's largest consumer of gold, closed on the national holiday .

The cost of the June gold futures on the COMEX today dropped to $ 1300.70 per ounce.