The S&P 500 ended the day 1.6% lower to $2,002.70, taking the losses for the week to 3.5%. The last time that it suffered such a decline was in May 2012, as reported by The Financial Times. The Dow Jones Industrial Average declined 1.8% or 312 points to 17,284...
Speculations that the Federal Reserve is moving closer to raising US interest rates amid growing economy have sent the yellow metal down to almost 1-week lows. Silver, platinum and palladium also declined...
Generating better ideas Looking at 2014, most traders can find missed opportunities. The opportunities are missed because we were not focusing on the right markets or the right stocks in the right time frames...
According to the United Arab Emirates' energy minister, OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, as Bloomberg informs...
Fiscal policy can be defined for our purposes very simply as anything relating to government spending and taxation. Before looking at the fiscal policy role of government in trying to influence the economy, one must first have an understanding of the business cycle...
Weak Demand to Crude Oil is mainly due to many reasons globally.The adoption of Renewable source of Energy by Europe & U.K the Crude oil demand droped so .Strong Doller and Weak Demand for Crude oil droped Oil prices at faster rate in last month.In fears The U.A...
In the period from 2001 to 2012, gold enjoyed 12 years of consecutive rising prices, and many investors hoped that the precios metal would be able to sustain its bull market well into the future...
In a testimony before the US Senate Committee on Agriculture, Nutrition and Forestry the chairman of the US derivatives regulator has said that digital currency derivatives fall within his agency’s remit...
Brent prices rose after five consecutive days of losses and a five-year low. US crude rose with players seeking a sustainable oil price in the market that is being haunted by concerns of oversupply. Light, sweet crude futures for January delivery on the New York Mercantile Exchange climbed 1...
In comparison with Tuesday’s frantic profit-taking, the financial markets were calmer on Wednesday. That was of course until OPEC unexpectedly announced it sees less demand for its own oil next year...
Peter Chasse: "when Bitcoin is used for donations there are no scopes for manipulation by the banks"
Peter Chasse, President of the Water Project Says Bitcoin Donations Could be Game-Changer In a recently held ‘Giving Tuesday’, Peter Chasse, President and Founder of the Water Project, a nonprofit that does work in Africa and accepts Bitcoin for donations, says that Bitcoin could be game-changer...
Resistance Support 0.7899 0.7809 0.7954...
Gold has had a fascination with the $1200 level over the last few weeks which has seen it trade either side of this level. Over the last week gold traded in a narrow range under $1220 before falling sharply back below to close out last week...
Boost VC Announces a New Bitcoin Fund Boost VC (the venture firm based in California), announced a new fund called Bitcoin Boost Fund 2, which promise to give an additional 300 BTC to each Tribe 5 Bitcoin Startup. This fund is one of the many recent announcements by Boost VC...
According the the chief of state-run Kuwait Petroleum Corp., oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production or world economic growth revives...
NEW YORK (MarketWatch) — Warren Buffett became the world’s second-richest man after shares of Berkshire Hathaway Inc. hit a record high on Friday. Berkshire Hathaway Class B BRK.B, +0.84% shares have been up more than 27% year-to-date, trading at $152 a share...
What a difference two days in the financial markets can make. On Friday, US economic sentiment soared following the unexpected news that the US economy added an impressive 321,000 jobs to its payroll during November...
Why is gold hated more than ever by both governments and the financial services community? Some analysts consider it is because it has now become imperative to keep the illusion of confidence in sovereign debt and paper currencies...
The increasing strength of the dollar represents a threat to the stability of emerging economies, the Bank for International Settlements (BIS), a global financial watchdog has warned. At the same time, the bank is being positive about oil...
