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  • David Becker
    Business » Financial Take the Mantel
    David Becker - November 22, 2013, 13:39 GMT

    The financial sector of the US stock market has lagged behind the rest of the S&P 500 index during most of the 2013 rally. Financial have historically been a leader, but have not been able to capture the mantle until recently. With rates remaining very accommodative, and the shape of the yield curve continuing to

  • Sergiy Zlyvko
    Currency » 21 November Forex daily review
    Sergiy Zlyvko - November 22, 2013, 10:23 GMT

    On Thursday, the dollar strengthened against the Australian dollar and Japanese yen and closed lower against the euro, the British pound and the Swiss franc. In European trading EURUSD pair went under the 1.34 mark after weak French PMI indices and then recovered by the German PMI index to 1.3445. British pound before closing the

  • David Becker

    Gold prices sliced through support levels on Thursday on the heels of weaker than expected inflation number that reflect a declining price environment. Gold prices are usually used as a proxy for inflation, and with consumer and producer prices declining as reported this week by the Department of Labor, gold has declined in tandem. Over

  • Sergiy Zlyvko
    Currency » 20 November Forex daily review
    Sergiy Zlyvko - November 21, 2013, 10:13 GMT

    On Wednesday, the U.S. dollar ended the day on positive territory. The key event of the day was expected FOMC meeting minutes release from October 29 and 30 and the next ECB rumors about the introduction of negative rates on deposits. In European trading AUDUSD, EURUSD and USDCHF currency pairs made a corrective pullback to

  • David Becker
    Commodity » Crude Oil Cannot Catch a Bid
    David Becker - November 20, 2013, 13:26 GMT

    Crude oil prices continue to attempt to gain traction but the overhand of inventories in the US, and the dearth of global demand has kept a lid on prices. Heating oil continues to see gains relative to crude on the heels of strong demand and relatively low supplies of distillates according to the most recent

  • Sergiy Zlyvko
    Currency » 19 November Forex daily review
    Sergiy Zlyvko - November 20, 2013, 08:50 GMT

    On Tuesday, the fluctuations of the currency pairs in the market were impulsive. In the morning, the U.S. dollar strengthened against the single currency and the British pound, but in the second half of the day the dollar fell. From the updated maximum 1.3540, EURUSD back to around 1.3480. The euro increased to 1.3540 by

  • David Becker

    US yields edged lower on Monday and continued to decline back toward support levels after surging back to the 2.80% level late last week. Bond investors continue to face conflicting signals as economic data is mixed, but the Federal Reserve is steadfast in its opinion that rates will remain low and QE will be prevalent

  • Sergiy Zlyvko
    Currency » 18 November Forex daily review
    Sergiy Zlyvko - November 19, 2013, 13:33 GMT

    On Monday, the major pairs closed mixed, but after trade almost candles closed with small bodies like Doji. Trading in the European session was relatively quiet. The U.S. dollar fell slightly against the single currency and the British pound. The economic calendar for important data was poor and there was no driver for volatile currencies

  • David Becker

    Oil prices are hovering near unchanged on Monday, after declining for most of the prior week. Hedge fund traders continued to dump long positions and add to short position which has accelerated the downward movement of WTI crude oil. Heating oil has been faced with headwinds as warmer than expected weather has blanketed most of

  • Sergiy Zlyvko
    Currency » Euro weakened
    Sergiy Zlyvko - November 18, 2013, 10:56 GMT

    The single European currency continues to be under pressure due to the fact that the rumors about the possibility of ending stimulus from the Fed is becoming more clear. It is expected that at the beginning of next year, the current Fed chairman Ben Bernanke will leave his post and a head of the new