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The yellow metal gold is consolidating within a narrow trading range if 1,953 – 1,926 level. Investors are looking for a fundamental reason to trigger a breakout that can happen on either side – checkout a quick video analysis forecast.
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Crude oil trading outlook: WTI and Brent prices fall after US inventories WTI and Brent futures turned downwards after the US reported an increase in domestic oil inventories, signaling lower demand and growing supply. The drop came as prices were already quite low, despite tense conflicts in Ukraine and […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3259-1.3378. The pair closed at 1.3291, shedding 0.34% on a daily basis. It has been the 22nd drop in the past 45 trading days and also a third consecutive one. The daily low has been the […]
Commodities trading outlook: crude oil and natural gas futures WTI and Brent futures slid towards multi-year lows during midday trade in Europe today, pressured by the rallying dollar, which was boosted by above-par US payrolls figure. Meanwhile, natural gas futures were to the upside, banking on a […]
General Motors share price down, sees better profit margins in 2015 General Motors Co announced on Wednesday it is expecting higher profit margins and underlying earnings in 2015 versus 2014, boosted by improved sales in all regions.GM will also increase its capital expenditure by 20% to $9 billion in […]
Energy Markets Test Key Support Levels as Supply Concerns Mount Key Moments
Oil prices declined more than $1 per barrel as expectations grow that 30 to 50 million barrels of sanctioned crude could enter the global market.
Natural gas futures stabilized above the $3.35-$3.38 support area, […]
British pound on a session high versus US dollar on positive UK manufacturing data Sterling jumped to session highs against the US dollar on Monday, following the positive set of economic data, which came out minutes ago from the United Kingdom.GBP/USD hit 1.5245 at 8:45 GMT, currently the session high, after which […]