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US crude oil futures settle at $73.44

US crude oil futures settle at $73.44

The price of crude oil futures are settling at $73.44 up $0.97 or 1.34%. The high price today reached $74.44, while the low price was at $72.14.Looking at the daily chart, the low was near the low price from November bear $72.22. FInding support buyers near that level...

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RBNZ Gov. Orr: Inflation remains to high.

RBNZ Gov. Orr: Inflation remains to high.

RBNZ Orr:Inflation remains too highThe committee remains weary of ongoing inflationary surprisesInternalizing complex situation of subdued 3Q GDP, historic downgradesNeutral interest rate is now at 2.55%Then NZDUSD has traded up to test the July 27 high at 0.6273...

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European indices close the day higher

European indices close the day higher

Major European indices are closing higher on the day. The things are led by the German DAX and Spain's Ibex.German DAX, +0.56%France CAC +0.08%UK FTSE 100, +0.31%Spain's Ibex +0.52%Italy's FTSE MIB +0.41%As European traders look for the exit, US indices are on pace...

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Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%

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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EURUSD moves closer to November/December highs

EURUSD moves closer to November/December highs

EURUSD buyers remain in controlThe EURUSD moved sharply higher last week helped by Fed Chair Powell's comments after the FOMC rate decision. The FOMC dot plot was also a contributing factor to the lower dollar (higher EURUSD). The upside momentum continued on Thursday...

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S&P index within 0.8% of all time high close

S&P index within 0.8% of all time high close

Major US indices are trading to new session highs. For the S&P index since now within 0.8% of its all-time high closing level at 4796.57. The all-time intraday high comes in a 4818.62. The current price is trading at 4758.58 or 18 points or 0.3% (the high price...

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Dow and Nasdaq looks for its 9th positive day in a row

Dow and Nasdaq looks for its 9th positive day in a row

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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US stocks set to open marginally higher

US stocks set to open marginally higher

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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Will the equities rally carry over to the new year?

Will the equities rally carry over to the new year?

After the drop towards the end of October, equities have staged a stunning rally in the last eight weeks. Of note, we got to observe fresh record highs in the Dow, DAX, and CAC 40 among the major indices. The question now is, can stocks carry over the good form during...

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UK December CBI trends total orders -23 vs -35 prior

UK December CBI trends total orders -23 vs -35 prior

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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