On Wednesday European shares approached a seven-year high, while Asian shares touched a six-week peak, as investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy...
The Australian dollar traded higher against its U.S. counterpart on Wednesday, supported by positive consumer sentiment data from Australia. The New Zealand dollar also rose vs greenback recovering after two-week lows, despite the release of disappointing New Zealand inflation data...
On Wednesday gold price exceeded $1,300 an ounce for the first time in five months on speculation slowing global growth will prompt central banks to boost stimulus, driving demand for a shelter...
The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current index membership...
US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a top after prices put in a bearish Evening Star candle pattern. Near-term support is at 11599, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 23.6% level at 11527...
Jim Wyckoff, from Kitco Metals Inc., introduces the skills needed for reading and interpreting gold charts...
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...
