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Inventories fall, Imports raised!
Oil in free-fall after dataAccording to the US Energy Information Administration (EIA) data, published earlier today, US crude oil inventories decreased by 5.2 Mb in the week ending June 4. Market estimates were about a 2 Mb decrease. Yesterday we ha...
Market Update - June 9, 2021
G-7, China and BoCAs his first visit since taking office, Biden flew St. Ives, Cornwall, in the UK for the G-7 summit. Epidemic problems and access to vaccines for lower-income counties will be at the center of negotiations. Before the summit starts,...
BoC Preview, June 9
Can CAD dive under 1.20After last week's Canadian weaker than estimates labor markets' data, Canadian markets must be careful about BoC's June 9 meeting this week. Since data on Friday was disappointing, we do not expect the Bank of Canada to vote fo...
What is trend trading and how we can take advantage of that.
Trend trading is a kind of trading method, which investors or traders want to make money based on an asset`s momentum in a particular direction. When the price moves in an overall approach, such as up or down, that we call it a trend. Trend trad...
G7 and market reaction!
How news Tax reform effect NASDAQG7 members agreed on a minimum of 15% global corporate tax. On the other hand, the new administration in the white house is planning to raise the current 21% tax to 28%. And it will be much crucial while some insiders...
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