Gold dropped below key support level at $1150 and for now we are looking at the next support target near $980. Historical support level for gold is $1180 which was broken as well and the price to continue falling towards the next support level at $980...
Markets around the world fell with stocks, the dollar and market currencies after yuan devaluation: Germany's 2-year yield fell to a new record low. Industrial commodities such as oil and copper fell. U.S...
"Equities could be in for a correction amid a possible rate hike by the Federal Reserve next month. The next six or seven weeks are going to be very rough," the well-known Wharton School finance professor Jeremy Siegel told to CNBC...
EURUSD was up and down again for ranging on the back of the China surprise and the news that Greek creditors reached a deal. The price reached the border between bearishand bullish trend and stopped near some key resistance levels such as 1.1113/1.1215/1.1466...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is crossing 48.38 support level for 45...
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...
