Currency Markets Remain on Edge, Amid Austerity Review
Capital markets during the week continued to be driven by headlines surrounding Greek austerity and the ability of the Greek government to reach targeted budget levels. During the week, the Greek government won the vote of confidence 155-143, which opened the way to the passage of the €80 billion austerity package in parliament next week. [...]
EIA Concerned Over Lack of Oil Supply
The Global oil market urgently needs extra supplies to prevent economic damage to importing countries that could derail the global recovery, the governing board of the International Energy Agency during the past week. OPEC will meet in early June to discuss its production ceiling, but officials at several member countries have said that a production [...]
Currency Flows Dominate Capital Market Sentiment
Macro flows into and out of the US dollar continued to control capital movement during the week. Riskier assets such as commodities and equities gyrated as investors were pushed and pulled as the currency markets fluctuated. Market participants continued to focus on the need for a potential re-structuring of Greek debt, which has widen peripheral [...]
Volatility Return to the Capital Markets
The past week saw the return of volatility to the capital markets. Currency’s, equities, commodities and debt all experienced higher than normal trading ranges, with investors moving capital into safe haven assets at the beginning of the week. All eyes were on Japan, as the nation which was struck by an earthquake and tsunami, was [...]
Political Unrest Drives Markets
Political contagion hit the Egyptian market as riots and fight continued to spread across the capital. The Egypt equity markets have collapsed and are closed after erasing approximately 12 billion dollars within the last 2 trading days of the week. For the fourth consecutive day of street protests, as police used tear gas, bullets and [...]
Crude Oil on the Verge of Breaking Out
Oil prices continue to remain robust, and are in the process of consolidating prior to making a move. Oil prices have been driven by a combination of economic news that is positive out of Asia, a weak dollar, and the fundamental information that is available in the US. Last week, the Peoples Bank of China [...]
Crude Oil Breaks Out
Petroleum prices moved up rapidly last week, and have created a technical opportunity to initiate a binary options trade. The real move in the petroleum market has come from distillates, or heating oil, which is one of the largest components of the distillate complex. In the latest report from the Department of Energy, distillate demand [...]
How To Find a Crude Oil Ticker…
If you’re interested in looking for a crude oil ticker, there are a number of different places where you can find one. Many times, it really has to do with identifying the crude oil numbers that come across the ticker that you may have available to you. Let’s take a look at a few different [...]
Loading ...
