Day: September 16, 2018

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  US crude oil settles the week at $68.99, up $0.40 on the day

  Up from $67.75 last week The price of crude oil is settling the day at $68.99. That is up $0.40 on the day or 0.58%. [...]
  2018-09-16 22:11:18

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  What major currencies were the strongest and weakest this week?

  The GBP was the strongest. The JPY was the weakest.  The trading week is coming to an end, and that means it is time to[...]
  2018-09-16 22:11:18

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  White House: Trump has been clear will take action on China

  White House statement cited by Reuters The White House says the President has been clear that he and his administration will continued to take action[...]
  2018-09-16 22:11:18

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  CFTC Commitments of Traders: GBP shorts remain the largest spec position.

  Commitment of traders report for the week ending Sept 11, 2018. - EUR long 11K vs 8K long last week.  Longs increased by 3K in -[...]
  2018-09-16 22:11:18

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  The US major indices close with mixed results. Up on the week.

  Nasdaq leads the gains for the week The major US indices are ending the day with modest gains. For the week, the major indices are[...]
  2018-09-16 22:11:18

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  ForexLive Americas FX news wrap: US retail sales miss but trade worries rise

  Forex news for North American trade on September 14, 2018: Markets: - Gold down $7 to $1194 - WTI crude up 35-cents to $68.93 -[...]
  2018-09-16 22:11:18

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  The greater the story, the greater the bubble

  The greater fool theory explains almost every bubble Some things have an intrinsic value. The most-obvious example is a stock with a dividend. The absolute[...]
  2018-09-16 22:11:18

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  U.S. Retail Sales Inch Up Much Less Than Expected In August

  Partly reflecting a drop in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the[...]
  2018-09-16 19:29:06

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  Eurozone Hourly Labor Cost Increases In Q2

  Eurozone's hourly labor cost increased at a slightly faster pace in the second quarter, data from Eurostat showed Friday. Hourly labor cost advanced 2.2 percent[...]
  2018-09-16 19:29:06

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  U.S. Import Prices Drop Much More Than Expected In August

  Import prices in the U.S. fell by much more than expected in the month of August, according to a report released by the Labor Department[...]
  2018-09-16 19:29:06

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