«Market Leader» - news and previews making you rich.
VWAP Indicator. Usage Peculiarities.
Forex Consolidation. EUR/USD and GBP/USD
Tape Patterns Indicator
Bitcoin's Getting Ready For a Strong Rally
Bloomberg: Crypto Is Better Than Gold In 2020
Gold Prices Drop Below $1860/oz, Seeing A Major Downtrend
Blake Finance Ltd - scam or decent forex broker?
Goldman Sachs is back in the game
European ETFs - Decent Alternative to American ETFs
Warren Buffett Keeps Loading Up On Bank of America's Stock
WTI Price Drops After US Oil Inventories Report
Is Gold Worth Investing Amid Crisis?
SEC Announces $10M Bounty For Whistle Blowers
Raygan's Former Advisor Accuses the Fed of a Big Fraud
U.S. Labor Market Disappoints, Economy Slows Down
iPhone as a Payment Terminal: Apple Bought a Startup For That
China Makes Blockchain Professions Official
South Korea Invests Billions In Blockchain Technologies
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Stock and commodities markets
Blake Finance Ltd - scam or decent forex broker?
Blake Finance Ltd helps over 200,000 traders around the world make money. It appears to be a western broker offering over 200 assets including currency pairs and CFDs on commodities, indices, and stocks, with up to 1:500 leverage, ultra-low spreads, five account types, and the ability to choose between MetaTrader4 and 5.
Trump Urges OPEC to Raise Their Daily Oil Production by 2M Barrels
Donald Trump claims that the OPEC should raise their daily oil production by 2 million barrels. During his interview to Fox News, he accused the oil cartel of manipulating oil prices.
OPEC+ Participants Want to Make the Deal Indefinite but Without Quotes
According to Russian Minister of Energy Alexander Novak, the leaders of Russia and Saudi Arabia decided to extend the OPEC+ deal. The minister said that this decision to make the deal indefinite in time took place not so long ago in Moscow.
Saudi Arabia Raises Oil Prices for Asian and European Buyers
Saudi Arabia is reported to have raised oil prices for Asian and European importers. This is confirmed by Bloomberg.
Market Players Play Oil Price Guessing Games
The international market of crude oil seems to be in panic. Yet, the panic is snowballing. The reason for that is said to be the statement made by Russian Energy Minister Alexander Novak about the possibility of easing the OPEC+ deal in June 2018, which came as a surprise to the international trading community.
USA Outpaces Russia to Become World’s Biggest Oil Producer
In March 2018, the United States outpaced Russia in terms of oil production. This means that the USA is now the biggest producer of crude oil in the world.
Crude Oil Goes Above $80/b, Morgan Stanley Improves Oil Forecast
On Thursday, May 17th, Brent oil exceeded $80/b for the first time in 3,5 years. The last time the price reached this level was on November 25th, 2014.
Oil Prices At $79/b, Russian Ruble Still Weak. Why?
On Tuesday, May 15th, Brent oil reached $79/b. Strange as it may seem, the Russian Ruble hasn’t reacted to this so far, even though this always has been a positive sign for Russia’s national economy and currency heavily reliant on crude oil prices. Moreover, the currency has been going slightly down for a while despite being backed by higher oil prices.
Russia Isn’t Interested In OPEC+ Anymore
Right in advanced of the forthcoming OPEC+ summit some experts doubt that Russia is still interested in the agreement. The strategic objectives of the OPEC+ deal are almost reached. The imbalance in the global oil market has almost been eliminated. The cost of a barrel of Brent oil has increased by more than 100% since late 2016. At this point Brent oil is trading above 70 dollars per barrel. On Q1 2018, the OPEC made 400 million dollars a day more than 12 months before.
Who Loses and Wins from Oil Prices At $70/b?
High oil prices have two sides of one coin. On the one hand, while oil producers are benefiting from today’s oil prices over $70/b, this seems to be creating an extra pain for oil consumers worldwide. What exactly has been happening to oil-producing economies?
American Oil Export to Europe Quadruples Thanks to OPEC+
As predicted by many experts, the OPEC+ agreement has been favoring American shale oil producers. The export of American oil to Europe has quadrupled. The thing is that the agreement between the OPEC and Russia-led non-OPEC oil producers pushed oil prices high enough to make American shale oil production profitable again.
