Month: September 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 07:27:06

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  Mary Daly named as new San Francisco Fed President

  San Francisco Fed promotes from within Mary Daly will be the next President of the San Francisco Fed, taking over from John Williams who will[...]
  2018-09-16 07:27:06

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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 07:27:06

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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 07:27:06

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  Trading strategies: trading risk events

  How to navigate a path through an upcoming risk event A risk event is any market event that the market is anticipating. For example, this[...]
  2018-09-16 07:27:06

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  Key events/releases in the new trading week

  Of course trade news can happen at any time The key events and releases in the new week will include news on any of the[...]
  2018-09-16 07:27:06

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  Sources: Trump to announce $200B of tariffs as early as Monday: WSJ

  But will start at 10%   The WSJ is reporting that according to a senior administration official, Pres. Trump is expected to announce additional tariffs[...]
  2018-09-16 07:27:06

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  Manafort cooperation agreement does not include matters related to Trump campaign - report

  Manafort isn't going to sell out Trump NPR reports that Manafort's cooperation agreement with the special counsel does not include matters involving the Trump campaign.
  2018-09-16 07:27:06

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• 
  Baker Hughes US oil rig count 867 vs 860 prior

  Weekly US oil drilling rig count data Drilling picks back up but has stalled for a few months. ForexLive
  2018-09-16 07:27:06

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• 
  IMF $3 billion tranche to Argentina said to be postponed

  That's not going to help Two weeks ago, Argentina was asking the IMF to speed up payments. ForexLive
  2018-09-16 07:27:06

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