Following the first weekly gain this year for the Standard & Poor’s 500 Index, US stocks dropped as phone and utility companies fell and as Greece's elections weighed...
On Monday the euro rose more than 2% against the Swiss franc, recovering from lows hit in the wake of the election victory for the anti-austerity Syriza party in Greece...
The Secretary General of OPEC, El-Badri, said today that the oil market is oversupplied by 1.5 million barrels per day, while expressing hope that the market will recover in time...
On Monday bitcoin prices jumped to the highest level in three weeks, as investor confidence remained strong amid bullish chart signals. The prices for cryptocurrency surged almost 50% since hitting a 21-month low of $152.40 on January 14...
Look ELLIOTE WAVE BOOK Contains following topics only important for a trader - 1.Wave Analysis - 70% 2.Chart Pattern Analysis-20% 3.Trendline Analysis-5% 4.ABCD Harmonic Pattern analysis-1...
The greenback stepped off 11-year highs hit against the euro earlier Monday after anti-austerity Syriza party swept to victory in elections in Greece, sparking fears about Greece's future in the euro zone...
The European Central Bank (ECB) governing council member Ignazio Visco told a German newspaper today that there is no fixed end to the European Central Bank's (ECB) government bond-buying program...
Oil dropped to the lowest level in almost six years on Monday as signs that Saudi Arabia’s new king will maintain the oil policy of his predecessor and rising U.S. crude stockpiles bolstered speculation that a global glut will linger...
'It's now clear that Black Friday did pull festive sales forward into November, and this created a challenging lull in spending with consumers waiting for future bargains' - David McCorquodale, Head of Retail at KPMG UK retail sales surprised markets to the upside, posting an unexpectedly solid g...
Sunrise Market Commentary Rates: Syriza wins Greek election, but falls short of absolute majority Left opposition party Syriza won the Greek elections. This is slightly supportive for the Bund, while Greek assets could suffer...
The data released by the German research institute, IFO showed the business confidence rose to a six-month high in January, as the outlook for Europe's biggest economy continues to brighten. The closely watched Business climate index rose to 106.7 this month from 105...
On Monday the yen strengthened, as Japan's December trade balance showed a deficit of ¥660.7 billion, - narrower than the deficit of ¥740 billion yen expected, and narrower than the ¥829 billion deficit seen in November...
Technology companies should have "a sense of responsibility" for paying taxes, as the amount of tax paid by them is very small compared to the returns, the Bank of England governor Mark Carney told on Friday...
As Europe 2nd largest Economy sliding due to in deflation cycle and will take a year to get move in inflation cycle may be for short term ,and news headlines flashing Global crude oil supply gluts ,Now only hopes on China PMI will be positive this week to boost Crude oil prices as oil prices touc...
Deputy governor at Iranian Central Bank stated that Iran no longer uses the US dollar in foreign trade transactions, replacing it with other currencies...
The European Central Bank (ECB) was always expected to be the main event of the past week. Capital markets had time aplenty to prepare to react to President Mario Draghi’s post-meeting press conference. Would the ECB stand and deliver...
Mario Draghi pulled off a political triumph on QE, coming in with a program that is bigger and more open-ended than anyone expected. The goal was to jolt expectations, to convince markets that there has been a fundamental shift toward aggressiveness...
Owen Li, founder of Canarsie Capital, wrote to his clients - he had run their accounts down from $100 million less than a year ago to just $200,000. Reportedly, he got into a hole and took on a string of high-risk bests to try to save his firm. It didn’t work out...
Central Banks Central Banks deserve a nomination for traders of the year this week, hitting the FX board with surprise after surprise these last few days, and investors unable to recoup from one shock before receiving another hit in the chin...
