Month: July 2019

Oil prices holding the support line, propped by Baker Hughes data. Price capped by the accumulation of the 20 and 200-day moving average. West Texas Intermediate crude on Friday has been in the hands of the bulls, ending on Wall Street +0.45% between a range of $55.70 and $56.54. The September contract climbed 18 cents, or
NASDAQ leading the way at 100 points the stocks continue to move higher with the NASDAQ leading the way at up 100 points or 1.21% at 8338.62. The S&P index is also up strongly at 23.61 points or 0.79% at 3027.28. Leading the way his Alphabet, up $121 or 10.65%. Not participating is Amazon, Intel and Facebook which
Apple, MasterCard, Pfizer, Merck, General Electric, General Motors, Verizon, Exxon and Chevron highlight the major releases A number of high capitalized firms release their earnings this week highlighted by Amazon, Boeing, Caterpillar, Facebook, Microsoft, and Intel.  Next week, Apple willl be one of the major firms releasing second-quarter earnings.   Below is a calendar of some of the major companies who will be
Trump: Seeks change WTO’s developing country definition Coming Up! Title text for next article Pres.Trump on developing country status Pres. Trump seeks change to WTO’s developing country definition site China in WTO developing country status effort Orders US trade representative to seek changes at WTO Says China, Brunei, Hong Kong, Kuwait, Macau, Qatar, Singapore, UAE, Mexico, South Korea and
Broader indices trade near session highs With 2 or so hours left in the trading day, the broader S&P and NASDAQ index are looking to close with record highs. The S&P index is currently up 19.78 points or 0.66% at 3023.47. The record close came in on Wednesday at 3019.56. For the week, the S&P index reached a low of 2976.65 on
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Irish Prime Minister Leo Varadkar crossed the wires in the last minutes, repeating that they will not be opening the Withdrawal Agreement but added that they had shown “reasonableness and flexibility” in the past. ”We can’t discount the possibility of an election in UK before or after October 31,” Varadkar said. “A withdrawal agreement without a backstop is
Looks to test 0.6900 level The AUDUSD has ticked below the 0.6910 low from July 10th and in the process, has reached new session lows.  The price ticked to 0.6907 with eyes to the 0.6900 level.  The most recent low was reached on June 18 at 0.68312. The low for the year reached 0.6741 on
Latest data released by INSEE – 26 July 2019 ForexLive The rebound in consumer confidence continues as the headline reading hits a fresh high since January 2018 last year. The recovery comes largely after the yellow vest protest back in November to December 2018 and provides some optimism still surrounding the French economy at least,
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