Forex Consulting

Another earnings bonanza after the close

Facebook and Tesla lead the releases The FOMC has come and gone but another slew of earnings will be released after the close. On the list includes: Facebook has been under a lot of scrutiny due to the Russian  influence in the 2016 election.  Facebook has responded with promises to hire more workers to combat…

Forex Consulting

How much richer will Mark Zuckerberg get today?

Facebook earnings are coming up after the bell Last week, Jeff Bezos was the first person to ever . Could Zuckerberg be the second? make $10 billion in a day Facebook shares have been on a breathtaking run for the past five years. The annualized return has been more than 50% after the company unlocked ways to…

Forex Consulting

EIA US weekly oil inventories -2435K vs -1300K expected

Weekly oil inventories and production – Prior was +856K – Gasoline inventories -4020K vs -1550K exp – Prior gasoline inventories -1550K – Distillate inventories -320K vs -2500K exp That bump in production is a bit bearish for crude. The draws in oil and gasoline are balanced by the small draw in distillates. Copyright 2015 Forexlive.com