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Day: December 18, 2018

Major Commodities

Commodities are raw materials or agricultural products that can be bought and sold, with examples being gold, Natural Gas and wheat. From Copper to corn, coal to crude oil, commodities are central to life – and the lives of billions of people around the world are affected by their price fluctuations. There are two ways …

Major CommoditiesRead More

Brexit Strain to Take Shine off UK CPI and Retail Sales Data, as Well as BoE Meeting

A raft economic data are due out of the UK this week ahead of a Bank of England policy decision. Inflation and retail sales figures will be released at 09:30 GMT on Wednesday and Thursday, respectively, to be followed by the BoE announcement at 12:00 GMT on Thursday. But with the UK Parliament in deadlock …

Brexit Strain to Take Shine off UK CPI and Retail Sales Data, as Well as BoE MeetingRead More

Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begun

Recent wild rides in the stock market have forced Credit Suisse to cut its forecast for 2019. The bank has slashed its 2019 year-end S&P 500 price target to 2925 from 3350. The new target would be a 15 percent gain from current levels. (for extra money in the currency market use our forex robot) …

Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begunRead More

US 500 Index Moves above 14-Month Trough; Outlook Switches to Negative

The US 500 index had a bearish start on Monday, with the price breaking a crucial support at 2600 to drop towards a 14-month low of 2529.80 and taking its year-to-date losses to 4.7%. The price has also increased distance below its negatively sloped moving average lines and the ascending trend line, which had been …

US 500 Index Moves above 14-Month Trough; Outlook Switches to NegativeRead More

Dollar Declines as Trump Urged Fed to Feel the Markets, But Loss Limited as Traders Await Projection Numbers

Dollar selloff takes center stage today as Trump continues with his verbal intervention on Fed policy. But Canadian Dollar is even weakest as down trend in WTI crude oil extends. Swiss Franc is for now the third worst performing one. On the other hand, New Zealand Dollar recovers as is trading as the strongest one. …

Dollar Declines as Trump Urged Fed to Feel the Markets, But Loss Limited as Traders Await Projection NumbersRead More