China's statistics agency said Tuesday that the International Monetary Fund is wrong in saying China has topped the U.S. as the largest economy in the world. According to the latest IMF figures based on purchasing power parity, China produced $17...
Comac Capital, the $1.2 billion hedge fund firm run by Colm O’Shea, is returning money to clients after losses incurred last week when the Swiss National Bank abandoned the franc’s cap against the euro, according to a person with knowledge of the situation...
After three days off, the S&P 500 opened up 11 points this morning and promptly went...straight down. I mean straight down, down 18 points in less than 20 minutes. That's a lot for 20 minutes; the S&P will normally swing in a 12 to 15 point range over the course of a whole trading session...
These six Dow components are set to report quarterly results this week. Investor reaction to these reports could decide whether or not the weekly chart for the Dow 30 shifts to negative or not...
Key Points 1. Cash Flow is a measure of how much cash the company is gaining or losing. Some see it as a more honest, or pure, measure of profitability than earnings. 2. There are two types of cash flow measures that are commonly used: operating cash flow and free cash flow...
Here's a good documentary on PBS Frontline - The Crash. The Thai Baht vs USD. George Soros, Bill Clinton, Alan Greenspan, Robert Rubin, et al. Why pegging to another currency is not good fiscal & monetary policy?! It happens over and over again...
Gold prices rocketed to their highest level in five months, supported by continuing safe-haven demand for the yellow metal following last week's surprise decision by the Swiss National Bank to abandon its currency peg. Technically, gold bulls are in charge...
On Tuesday West Texas Intermediate oil futures sold off steeply, after the International Monetary Fund reduced its global economic growth forecast and China’s economy expanded at its slowest pace in 24 years...
“The main interest has been the big euro-sterling drop and to what degree that has been inspired by anticipation of the ECB and to what degree was it aggravated by the SNB walking away from the euro-swiss floor,” said John Hardy, head of foreign-exchange strategy at Saxo Bank A/S in Hellerup, Den...
Looks Elliote Waves A-B-C corrections where Wave C is about to complete Support @ $46.00 . Price Need to break Resistance $49 to move more Upside...
On Tuesday the greenback remained underpinned against its major counterparts, as Chinese GDP data failed to boost investor confidence and as markets expected the European Central Bank's upcoming policy statement on Thursday...
As $ Oil making Elliote wave Flat zig-zag Corrections A-B-C , Currently moving in Wave C ,will take years to complete @ $29...
On Tuesday European stocks rose for a fourth day, extending their highest levelsince 2008, amid speculation that the European Central Bank will announce a plan for quantitative easing this week...
On Tuesday the euro was little changed vs the greenback, despite growing sentiment on German economy. Expectations for easing by the European Central Bank as soon as this week continued to weigh...
Naomi Prins, former top Goldman Sachs banker, is bullish on gold price. “Gold will increase this year - also gradually for the same reason the dollar will not dump but could decrease gradually as QE and all these maneuvers play out. I don’t really think this is going to be that breakout year...
On Tuesday copper prices fell steeply, after data showed that China's economy grew at the slowest pace in 24 years last year...
On Tuesday oil markets descended, as China's economic growth for 2014 undershot a government goal and touched its weakest annual expansion in 24 years, contributing to worries in energy markets already suffering from slowing demand and oversupply...
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD to close at 1.1951. In the Asian session, at GMT0400, the pair is trading at 1.1976, with the USD trading 0.22% higher from yesterday's close. This morning, IMF slashed its projections for the growth of Canadian economy to 2...
On Tuesday the Japanese currency held weaker in Asia after China reported better-than-expected figures on GDP, industrial output and retail sales. The safe haven yen remained underpinned on Monday as last week’s market volatility meant that investors remained risk adverse...
BTC/USD 4H BitFinex Chart Bitcoin is still trending in a bearish bias. There are some notable attempts from the bulls’ end to shoot the price towards prevailing resistance levels. The BTC/USD moved upward after trending sideways for most of the weekend...
