Will Saudi Arabia and Iran be able to reach an output compromise? The oil market suffered some fresh hits from the Organization of the Petroleum Exporting Countries on Friday, as news reports blasted an abundant supply of comments from oil officials ahead … More OPEC talk, Crude oil waiting for action
From the US, to Europe and Asia the markets are sending signals that the era of cheap money is not even near . . Bonds in the European Union had their best day since Brexit, commodities jumped for a sixth straight day as oil topped $46 a barrel.Traders piled into … More Far from ending the era of cheap money, Major indices stormed higher again
We can consider the previous week very lucrative for the U.S. equities and futures.., Standard and Poor 500 marked high levels after high levels in combine with the others Indices like Dow Jones . . the Dollar index strengthen after good economic data and this make the commodity sector went south of heaven . … More Quick overview before Monday’s bell..
How I used to said in some of mine previous post.., – “All gold everything “. As we expected after the votes in the United Kingdom most global market’s went south of heaven and deteriorated the price’s and value’s of almost every asset which could be traded in the stock market. … More Highway straight in “Safety Haven”mode . .
Crude oil prices took a positive turn in early Asia trade Friday, pushed by bargain-hunting and speculative trades, but the warning’s that suspense around U.K.’s future in the European Union is still spooking investors. U.S. crude for July delivery (+1.38%) was up $0.29 or 0.6% at $46.50 a barrel on the New York Mercantile Exchange, … More Oil price trim losses, Brexit spooking the investors . .
Sell, Sell short, Buy Gold, take it and go . . So-called Brexit concerns already have significantly impact on the financial markets, but more could be in store if the fears become reality and the U.K. votes to exit the European Union. One of the biggest beneficiaries of disquiet that Briton’s could … More Brexit is near.., Should they stay, or should they go ..
-“Everyone’s scared, “There are too many events coming up for investors to take a plunge.” that was the last sentences coming from a strategist at Toyo Securities Co. in Tokyo headquarter. Which we all will confirm the logic in it. Markets could be skittish in the week ahead as the Federal Reserve meets and investors increasingly … More Nervousness after all time high ..
Crude oil fell for a fifth day and the euro strengthened before Vienna meetings of OPEC and the European Central Bank. U.S. crude traded below $49 a barrel. The euro climbed to a one-week high ahead of an ECB policy review, while the British pound firmed following its steepest two-day loss since March. Saudi Arabia … More Next meeting for the Organization of the Petroleum countries..
Crude oil rallied after data showed U.S. stockpiles declined more than forecast at a time when output is shrinking in Nigeria and Venezuela.Brent crude traded above $50 a barrel for the first time since November, giving a lift to the currencies of oil-exporting nations and Asian energy stocks. European equity index futures fell as … More The oldest new mantra that drive’s the Global markets..
Gold’s making a powerful comeback. Prices have pushed above $1,300 an ounce on speculation that the U.S. central bank will be slow to tighten policy further, bolstering the metal’s appeal as the dollar sagged. Investors have piled back into bullion in 2016 after prices sank for three straight years as risks to the global economy … More Powerful comeback..