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Reports of a large fire in an Iran oil refinery

Reports of a large fire in an Iran oil refinery

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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UBS on the US election, says that it remains very close

UBS on the US election, says that it remains very close

UBS advice to clients is that the contest for President remains very close indeed, and to anticipate both volatility and uncertainty to increase until the winner is decided, UBS cites ABC News/Ipsos polling showing a small 20 to 3 point lead for Harriscites CBS...

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Nomura is wary of higher US inflation ahead

Nomura is wary of higher US inflation ahead

Commentary from Nomura, a bit of a big picture view. Analysts at the bank are circumspect on what monetary policy can do.Nomura argue that, looking ahead, higher levels of inflation seem inevitable, partly due to inflated asset prices and the limits of efficiency...

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Chipmakers and China: S&P 500 extends decline to 50 points

Chipmakers and China: S&P 500 extends decline to 50 points

SPX dailyChipmakers and China are weighing on US equity markets.The main catalyst for the selloff was a soft guide from ASML in results that were accidentally released early. Shares of the company are down 17% and have led to 5% declines in Nvidia and AMD among other...

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What’s going on with oil prices?

What’s going on with oil prices?

October began strong for the oil market, with WTI crude prices rising 16% in the first week to $78, above the VWAP and indicating an uptrend. Some feared prices could hit $100, raising worries about inflation.Several factors led to this change in sentiment after...

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Trump says he would be a better Fed chairman than Powell

Trump says he would be a better Fed chairman than Powell

Trump, asked if he would replace Powell, didn't offer a hint and instead responded: "I think I'm better than he would be. I think I'm better than most people in that position." On changing rates, he did concede that he couldn't dictate them: "I don't think I should be...

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