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Archives by Year:
Sensex Finishes On A Strong Note; Bharat Petroleum Rallies 4.3%
Indian share markets continued to trade strong in the afternoon session ahead of key macroeconomic data to be released later in the day and amid strong Asian markets. At the closing bell, the BSE Sensex closed higher by 277 points and the NSE Nifty finished up 87 points. The S&P BSE Mid Cap finished up by 1.1% while & S&P BSE Small Cap too […]
First Majestic Silver Miner Poised To Benefit From Rising Silver Prices
Precious metals, and Gold and Silver miners specifically have been getting some positive attention driven by the recent upward movement in the price of Gold and Silver in the last couple of weeks. In this article, we will cover how First Majestic Silver could potentially benefit from a rising Spot silver price. To be able to benefit […]
World Stocks Hit Fresh Record High As Irma, Korea Rally Continues; Pounds Surges
World stocks hit new record highs on Tuesday amid a continuation of Monday’s risk-on theme which unleashed a dramatic relief rally on easing North Korea tensions and signs that Hurricane Irma caused less damage than feared (which according to Keynesians should be GDP negative). The MSCI All-Country World Index gained 0.2%, hitting the highest on record with […]
U.K. Inflation Advances To 2.9 Percent In August
The weak U.K. pound continued to pressure consumer prices amid growing Brexit concern. Consumer prices, which measures inflation rate climbed from 2.6 percent in July to 2.9 percent in August, according to the Office for National Statistics report released on Thursday. This is higher than the 2.8 percent projected by economists. Also, core inflation advanced more than […]
GBP/USD Daily Analysis – Tuesday, September 12
GBP/USD broke below the bullish trend line on the 4-hour chart, indicating that consolidation for the uptrend from 1.2774 is underway. Range trading between 1.3070 and 1.3224 would likely be seen in a couple of days. Support levels are at 1.3130 and 1.3070. As long as these levels hold, the uptrend could be expected to […]
GBP/USD Elliott Wave Analysis – Tuesday, Sept. 12
GBP/USD Elliott Wave Analysis in 15 Minutes chart A bullish trend is present in the GBP/USD currency pair, 15 minutes chart. The price of GBP/USD currency pair is going to rise up now on a short-term basis to create a Bullish Impulse Elliott wave pattern and Spot Forex traders should consider taking a possible buy […]
DAX – Tuesday, September 12
12,400 failed as first Fib resistance. 12.530 is next. Source: INVESTING.com
Three Cloud Stocks To Buy Right Now
In the matter of just a few years, “the Cloud” has evolved from the new feature that your grandmother just can’t quite seem to understand to one of the main factors driving growth in the technology sector. Cloud computing is now an essential focus for software-related companies, and cloud stocks have piqued the interest of […]
EUR/USD: Unclear Situation Around The Trend Line
Previous: On Monday, the euro/dollar rate closed down. The US dollar strengthened across the board thanks to a rise in US bond yields. Due to correctional movements and an empty economic calendar, buyers were beaten back to 1.1950. Now let’s look at Tuesday’s technical picture. Day’s news (GMT+3): 04:30 Australia: NAB business conditions (Aug). 11:30 […]
Forget Tulips & Bitcoin – Here’s The Real Bubble
While the broader market for Swiss stocks has risen modestly this year, one ‘entity’ has outperformed its peers by such a staggering margin, it has left bamboozled market experts struggling for an explanation. And that company is…the Swiss National Bank. The price of a share in Swiss National Bank in August rose above 3,000 francs ($3,143) […]
