The Daily Reckoning (Subscribe for free at www.dailyreckoning.com.au) --The pain for commodities just doesn’t seem to let up. This time, it’s oil in the spotlight. Overnight, West Texas Intermediate fell more than 3.5%, closing at US$74.21 a barrel...
2014-11-13 13:30 GMT (or 14:30 MQ MT5 time) | [USD - Unemployment Claims] past data is 278K forecast data is 280K actual data is 290K according to the latest press release if actual > forecast (or actual data) = good for currency (for USD in our case...
In another black eye for the financial industry, US, British and Swiss regulators on Wednesday fined JPMorgan Chase & Co, Citigroup, Bank of America and three other global banks a total of about $US4.3 billion to settle investigations into attempted manipulation of foreign exchange rates...
More than one million copies have been sold of this seminal book on investing in which legendary mutual-fund manager Peter Lynch explains the advantages that average investors have over professionals and how they can use these advantages to achieve financial success...
KnCMiner produces state-of-the-art chip design and cloud services for Blockchain-based applications and cryptocurrency mining...
Chinese Bitcoin exchange website BTCChina has reached a strategic deal with e-commerce providers, including online game service provider Shenzhoufu.com; Internet P2F financial management website Aicaike.com; and maternal and child product retail website Dandanchina.com...
The New York Stock Exchange was founded in 1817 but its origins date back to May 17th, 1792 when a group of stockbrokers and merchants signed an agreement under a buttonwood tree on Wall Street...
The Darknet, an encrypted version of the internet that enables anonymity, has become a tool that is being used by drug peddlers, has been exposed in Ireland by the Irish police...
The closing price plotted 26 days behind. The Chikou Span, also known as the Lagging line, is the closing price plotted 26 trading days behind, i.e. into the past, providing an at-a-glance view of how the price compares to that 26 days ago...
The main advantage and disadvantage in futures trading is the leverage involved. (You can hold a very large amount of a commodity for a small deposit so any gains and losses are multiplied.) This is the main difference between futures trading and, say, speculating with stocks and shares...
This is a classic to read and enjoy. How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi—Mozarts of the markets...
ECB President Mario Draghi wasted little time in sending the Eurodollar to a new two-year low (1.2364) on Thursday afternoon. Draghi slammed the 1.24 door shut and left the entrance to 1...
Europe’s shared currency dropped for the first time in six days versus the yen as Draghi told reporters in Frankfurt that the central bank’s bond-buying program will last at least two years and, together with targeted loans, move its balance sheet toward early-2012 levels...
It seems that EquinoxCoin, an altcoin recently distributed via multiple ICOs, is a scam after all. Announced on August 19th this year, EquinoxCoin was launched as an economic project whose distribution took place in multiple phases, which contains two ICOs that sold 1...
Crude cracked the 2012 low yesterday to trade at its lowest level in three years Our near-term trend bias is lower in the commodity while below 82.80 A convergence of the 50% retracement of the 2008-2011 advance and the 200% extension of the 1H14 range around 75.50/74...
Gold and silver have been crushed this week, burned by the rising dollar and the outflow of money looking for a home in stocks and other investments...
Alibaba Group's chairman Jack Ma and Apple's CEO Tim Cook announced last week that Alibaba and Apple will work together on payment services. Apple Pay plans to enter the Chinese market via Alipay and become a payment method for Chinese Apple users...
Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone dampening the mood, although Japan bucked the trend and rose to new seven-year highs on follow-through momentum generated by the Bank of Japan's surprise stimulus move last week...
