0.0 00 Points to consider with this Australian Dollar Forex article: This morning, the Reserve Bank of Australia (RBA) left interest rates at the 1.5 percent record low. The Australian Dollar moved lower after the monetary …
Read More »Italy Votes “No” Making Bank Referendum more Difficult
0.0 00 With Sunday’s embarrassing vote of “No” to Italian Prime Minister Matteo Renzi and his needed reforms to the corporate banks in Italy and the banking system, reform will be even harder. Italy is likely …
Read More »OPEC Cuts Production by 1.2 million Barrels per Day
0.0 00 Yesterday, the world’s largest oil cartel OPEC, agreed to cut the production of oil by 1.2 million barrels per day. There are very little details at this time and those details will be released …
Read More »US Equity Markets Close Higher as Oil Sheds 3.9%
0.0 00 US equity markets moved higher overnight, led by real estate and health care. Investors digested falling oil prices ahead of today’s key OPEC meeting as well as some economic data. The Dow Jones was …
Read More »British Pound can see more Weakness at End of Year
0.0 00 The British Pound has seen a bit of a recovery as price action posted its sixth straight week of gains against its major trading partners. This is thanks to a benign Bank of England …
Read More »Gold Volatility to Return on Trump Cabinet News
0.0 00 Points to consider with this Gold article: The price of gold (XAU/USD) is quietly consolidating after falling to a new six month low. As US President elect Donald Trump appoints his cabinet, volatility risk …
Read More »The Dow ends its 7 Day Win Streak
0.0 00 Overnight, US stock markets closed mixed as the post US election rally took a breather. Financial plays fell over one percent on profit taking as the Dow ended its seven day rally. The Blue …
Read More »The Dow sees its best Week since 2011
0.0 00 US stock markets closed mostly higher to end last week as the three major indices, especially the Dow, posted their best weekly gains of the year. This comes on the heels of a surprise …
Read More »The Dow Jones Surges after Trump Victory
0.0 00 Overnight, US stocks surged better than one percent as financials and healthcare stocks rose on the back of a stunning upset win by Republican Presidential candidate Donald Trump. This stunned the financial markets that …
Read More »Europe set for Sharp Falls as Trump Wins
0.0 00 As Donald Trump cruises into the White House over Democratic challenger Hillary Clinton, European stock bourses are set to open sharply lower. They, as well as the other global financial markets will have a …
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