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Nasdaq Futures Stabilize in Core Range After Sharp Reversal From Resistance Key Moments Nasdaq futures twice failed to break above 25,855, confirming it as a structural resistance level and triggering a 214-point downside rotation. The decline carried price into the confluence of the 6-day rising […]
Grain futures mixed, wheat declines for a seventh straight week Grain futures were mixed on Friday, with wheat capping a seventh weekly decline, the longest losing streak in more than two years amid expectations for record global output. Corn also lost ground, while soybeans advanced. Meanwhile, the […]
Saudi Arabia oil export revenue jumps 5%, American output in future focus The Organization of Petroleum Exporting Countries said in its Annual Statistical Bulletin today that Saudi Arabias revenue from exports of crude oil and other petroleum products rose by 5.3% in 2012 to $336.1 billion, up from the preceding […]
Forex Market: EUR/GBP set to register best week since mid-May, UK industrial output contracts at record rate in April, GDP shrinks 24.5% Having touched highs unseen since May 29th on Thursday, EUR/GBP pared gains overnight, but the minor pair was on track to re-test those highs in early European trade on Friday, after a report by UK's Office for National Statistics (ONS) […]
Forex Market: AUD/USD trading outlook for December 7th Friday’s trade saw AUD/USD within the range of 0.7274-0.7388. The pair closed at 0.7341, inching up 0.01% on a daily basis, while marking a second straight trading day of gains. The daily high has been the highest level since August 18th, when […]
Nissan extends suspension of Russian plant until December Nissan Motor Co Ltd (7201) said on Monday that it would extend its suspension of an assembly facility in Saint Petersberg, Russia, for three months until December.The facility was idled in March following Russia's incursion into […]

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