Search Results for: Trading
Venezuela suggests global oil trade in Russian ruble & Chinese yuan
October 5th, 2017
The President of Venezuela Nicolas Maduro has proposed oil producing countries should discuss creating a currency basket for trading crude and refined products. “Developing a new mechanism of controlling the oil market is necessary,” he said on Wednesday at ...
Elliott Wave Analysis: GBPJPY and AUDNZD
October 4th, 2017
Elliott Wave Analysis: GBPJPY and AUDNZD GBPJPY can be trading at the end of a three-wave correction. We see waves a-b and c now completed near the lower channel line, from where a new bounce can come in ...
EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action
October 4th, 2017
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
U.S. oil prices dips below $50
October 4th, 2017
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. ...
The euro, yen and pound advanced; dollar slips
October 4th, 2017
The rally in the dollar petered out as investors awaited President Donald Trump’s decision on the leadership of the Federal Reserve and gauged prospects for U.S. tax cuts. Bonds edged higher and Asian stocks were mixed after American indexes ...
Elliott Wave Analysis: AUDUSD and Silver
October 3rd, 2017
Elliott Wave Analysis: AUDUSD and Silver AUDUSD is seen in fifth wave of a wave 3) so bottom formation may be seen in the next few sessions. We also see slower bearish momentum in the last few sessions, ...
Mastercard released advanced alert for cards to fight fraud
October 3rd, 2017
Mastercard, a technology company in the global payments, has issued a press release to announce that Mastercard Arms Issuers with Predictive Tool to Combat Account Related Fraud from Data Breaches New service helps reduce fraud-related costs while improving the ...
Oil prices lower after strong third quarter
October 2nd, 2017
Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter, after a survey pointed to a slight increase in OPEC production in September. U.S. crude was down 13 ...
Dollar gains, euro dipped, yen fell; What to watch this week
October 2nd, 2017
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...
