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...
On Thursday the pound pulled back from session lows against the dollar after Bank of England Governor Mark Carney said the time for a rate hike is drawing closer, but added that the timing could not be predicted in advance...
On Monday Greece's stock market resumed its work after being closed for five weeks, and the country's banking sector lost 64% in the first three days of trading...
The pound trimmed gains against the greenback Thursday after downbeat data from the U.K. The country's industrial production unexpectedly fell in June as North Sea producers cut output for the first time in three months...
U.K. stocks moved lower Thursday, with some losing ground as they traded without dividend rights, while the pound rose ahead of a heavy slate of central-bank data that may sway the market’s outlook on U.K. interest rates...
On Thursday, fresh worries emerged that China’s stock regulator might start approving companies’ share-placement applications as early as this Friday. The prospect of new shares could prompt investors to withdraw cash from existing positions...
On Thursday gold prices struggled near the lowest level in more than five years, amid lingering bets that the Federal Reserve was on track to raise interest rates in September...
Weekly price is on bullish market condition for ranging between 19150 support level and 20975 resistance level. The price is breaking R2 Pivot at 20733 for the 20975 as the next target. Chinkou Span line is located to be above the price and indicating the bullish trend to be continuing...
On Thursday the New Zealand dollar was higher against the greenback, while the Aussie slipped impacted by weak Australian jobs data...
U.S. industrial products increased. New orders to U.S. industrial goods rose sharply last June due to strong demand for transportation equipment and other products, a promising sign for the manufacturing sector are trying to rise up at this time. The U.S...
The International Monetary Fund has hinted there will be no quick decision as to whether it may include the Chinese yuan in its strategic basket of reserve currencies, as the Chinese currency still needs to meet important financial norms...
On Wednesday gold prices bounced off the lowest levels of the session, after data showed that U.S...
The dollar tumbled Wednesday after ADP said the U.S. private sector added only 185,000 jobs in July...
On Wednesday the pound was higher against the dollar despite data indicating that growth in the U.K. service sector slowed more than expected last month, signaling that the economic recovery may be losing momentum...
