«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
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?
Remember the Key Rules of Investing in Stocks
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
Goldman Sachs is back in the game
20 years ago, Goldman Sachs used to be a Wall Street legend and a dream company to work for graduates with a financial degree. Over the last few years, the bank has been a loser with thousands of disappointed employees, managers, and investors. However, the other day Goldman Sachs made an attempt to get back in the game.
U.S. Oil Demand Drops Oil Prices
Oil prices are now going down again after rallying close to 60 dollars per barrels. Again, the prices failed to touch the $60 threshold. Brent oil lost 2,5% in 24 hours. NordFX reports that Brent futures for December delivery were trading around $58,53/b on Wednesday. On Thursday, the price dropped down to $57,03/b, which was the lowest price level since the end of the previous trading week. WTI oil went down in price as well. On Thursday, the price dropped down to 51,74 per barrel.
No More Expensive Oil
Many oil-exporting nations have been joining efforts to push oil prices higher. Still, some experts believe that they shouldn’t count on higher oil prices since this is not going to happen.
OPEC Urges American Shale Oil Producers to Join Oil Agreement
The OPEC is reported to have offered American shale oil companies to join the Vienna Accord, also known as the OPEC+, which is the agreement designed to cap the production of crude oil and restore the market balance for the sake of higher oil prices in the future. However, some experts say that they won’t agree to do so even if they are threatened.
October Starts With Crude Oil Downtrend
Friday’s trading session made crude oil go in the red zone. According to Masterforex-V Academy experts, the USA started increasing the production and export of crude oil, and the international trading community has been concerned about that ever since, which is, by the way, is believed to be the key reason for this price drop.
Russia and Saudi Arabia Want to Extend OPEC Deal for 3 Months
Russia and Saudi Arabia insist on extending the OPEC deal for another 3 months – up to middle 2018.
S&P 500 Becomes Most Profitable Assets Since 2008 Financial Crisis
Dow Jones Industrial Average Set New All-Time Record, Above 22K Points
OPEC Increases Oil Production To Highest Volume Since Early 2017
The OPEC’s average daily level of oil production saw another high in June 2017. To be more specific, they produced 260K barrels a day more than in May 2017. The biggest gainers in term of oil production were Libya and Nigeria. Those are the OPEC members that didn’t sign the so-called Vienna Accord, which is why they are not obliged to freeze their oil production.
Why Are OPEC and Russia Unable to Trigger Oil Price Rally?
Crude Oil Plunges Below $45/b
