Category Archive: Finance
Bristol House Review
This brokerage company offers a variety of services including securities, CDs, and CFDs. The company is registered in Marshall Island. You have a couple of options when dealing with BCH – trading on your own or choose managing traders to invest in them. What does Bristol House Corporation offer to its clients There are two […]
USD/CAD Daily Analysis – Wednesday, Nov. 28
USD/CAD broke above 1.3317 resistance, suggesting that the uptrend from 1.2782 (Oct 1 low) has resumed. Further rise could be expected and next target would be at 1.3400 area. Near term support is at 1.3285, a breakdown below this level could bring the price back toward the bottom of the price channel on the 4-hour […]
European Gas Stations Out Of Diesel: French Refinery Strike Deepens Crisis
Diesel is in short supply in Europe. The situation is about to worsen as the biggest French refinery is shutting down. Bloomberg reports Europe’s Diesel Woes Deepen as Strike Halts French Oil Refinery. Total SA, France’s biggest refiner, is in the process of shutting its largest plant in the country, the 247,000-barrel-a-day Gonfreville facility in Normandy, […]
3 Reasons EUR/USD Why Is Plunging Towards The Yearly Lows
EUR/USD extends its losses after losing downtrend support. Italy and global trade, and the Fed are sources of concern. On a busy day, the pair may enter oversold conditions. EUR/USD is struggling below 1.1300, extending its losses. The US Dollar gained ground on Tuesday on two significant factors. The common currency is losing ground on […]
Lower Volatility Stocks Gain Favor
Low volatility is outperforming. In a rising market, taking more risk usually pays off. The recent reversal has investors seeking tangible value. Nothing exemplifies intangible value, or more accurately ephemeral value, better than Bitcoin. The great Risk On trade began the day of Trump’s election victory, when an overnight market swoon quickly reversed. Bitcoin buyers […]
Farm Bankruptcies Soar In The Midwest
Eighty-four farms in the US Midwest region covered by the Minneapolis Fed’s Ninth District states (Minnesota, Montana, North and South Dakota, Wisconsin and the Upper Peninsula of Michigan) filed for chapter 12 bankruptcy in the 12 months that ended in June – more than twice the level observed in June 2014, according to a new report from the Federal […]
Follow Goldman With These Commodity ETFs
Commodities have been on the longest losing streak in more than three years with the Bloomberg Commodity Index, which measures returns on 22 raw materials, plunging 8% from a year-to-date look. This is especially thanks to a strong dollar, trade frictions and concerns over China’s demand outlook. Additionally, weakening economic growth in many parts of […]
How Many More Rate Hikes?
There have been numerous housing reports which have missed estimates in the past few months. It’s a bad sign for the economy because housing is a leading indicator. The initial problem in housing has been catalyzed by a lack of affordability and rising interest rates. The problem may morph into being caused by a weak […]
Consumer Confidence Declined In November
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through November 13. The headline number of 135.7 was a decrease from the final reading of 137.9 for October. Today’s number was below the Investing.com consensus of 135.9. “Despite a small decline in November, Consumer Confidence remains at historically strong levels,” said Lynn Franco, […]
