Big rise in China market helps to Dow Jones Industrial Average to climb by 1.4%, for example - Shanghai composite index rose by 4.9% to 3,928.12...
Last week overview Many analytics are talking that the probability for Fed rate hike is increased because of Employment report last Friday. Besides, there were some other news events which were affected on this probability: On Tuesday: hawkish talk from Atlanta Fed's Lockhart...
Oil price shows acrobatic jumps. After Monday's recovery, today it fluctuates sharply. Front-month WTI futures were at $44,64 (by 7.56 GMT), Brent at $50.72. This is a new decrease, compared to Monday: WTI fell 0.38%, Brent – 0.61...
China’s decision to devalue the yuan is good news for dollar bulls. China’s central bank cut the yuan’s daily fixing rate by a record 1.9 percent Tuesday after the International Monetary Fund last week delayed a decision to endorse it as a reserve currency...
• Goldman in Ventureland: The inside story of how-and why-Goldman Sachs became a tech-investing powerhouse (Bloomberg) • Will Advances in Technology Create a Jobless Future...
Oil Predominantly Drills Into C$. As oil costs have taken a further fall, they've dragged the C$ in the interest of personal entertainment. No genuine astonishment there, after all the two are truly exceptionally associated...
The latest survey result is 51.6 vs 51.0 prev. It was the first climb in three months. At the same time, the outlook index dropped for the second straight month in July by 1.6 percent to 51.9 from 53.5 in the preceding month. In May, the score came in at 54.5. And to remind: above 50...
Gold is traded not far above a five-and-a-half-year low on Monday with firm dollar after solid US job data suggesting that Federal Reserve could raise interest rates next month. Spot gold was unchanged at $1,092.86 by 02:20 GMT recovering from low of $1,089.40...
Chinese data The People's Bank of China will provide more stimulus to the economy by cutting the 1-year lending rate by at least 25bps. The Bank already cut 3 times taking interest rates from 5.60% to 4.85...
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Weekly price for Financial Times Stock Exchange Index (FTSE 100) is on bullish market condition for ranging between 7072 resistance level located above Ichimoku cloud in bullish area of the chart, and 6371 support level located below Ichimoku area in bearish zone...
Credit Suisse made a list of Africa’s top 50 personalities, and it includes the following names: Trevor Ncube, Alpha Media Holdings (AMH) founder and chairman. Aliko Dangote, Nigerian billionaire Tony Elumelu, Nigerian billionaire Didier Drogba, footballer...
Unrefined petroleum slides on USD quality, set for 6th week after week misfortune The worldwide unrefined benchmark was at that point on track for its 6th back to back week after week drop on an industrious oversupply of the thing...
LOT Polish Airlines has recently integrated Bitcoin as one of online payment methods. According to the press release: "We are open for every need of every single client...
The Seven Books You Must Read If You Want to Understand Oil Learn your stuff before trying to catch the falling knife Oil sinks. Here is some light reading on light crude with a tilt to history, science, and talking your way out of a business meeting on various and sundry hydrocarbons...
On Friday the euro climbed versus the greenback, with investors eyeing U.S. nonfarm payrolls report due later in the day. The pound was slightly lower after data on U.K. trade deficit...
W1 price is bearish market condition for breaking S1 Pivot at 1082.97 from above to below for the bearish trend to be continuing. If this 1082.97 target is broken by close weekly bar so the next target will be S2 Pivot at 977.50. The price is located between yearly Central Pivot at 1237...
On Friday the euro fell against the greenback after rising to extend modest gains from the previous session, and U.S. Treasury prices jumped ahead of Friday's report on the employment situation in the U.S...
Weekly price is on bullish market condition for ranging between 4344.15 support level and 4694.13 resistance level. The price broke R1 Pivot at 4579.60 on close weekly bar for the next target as R2 Pivot at 4929...