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Friday, 22 January 17:44 (GMT -05:00)



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.

Publication date: 16 October 01:17 PM

OPEC Postpones Oil Production Cuts Till Next Time

Saudi Arabia, which is considered the informal OPEC leader, announced its readiness to back oil production cuts in case other OPEC members like Iran and Iraq as well as non-OPEC members like Kazakhstan, Mexico, Oman and Russia do the same.

Publication date: 08 December 08:48 AM

OPEC Continues Oil Dumping

Friday's OPEC summit seems to have failed to come up to our expectations. The thing is that the trading community had expected an oil production cut or at least no change in these terms. However, I dare assume that none of you can say they were betting on another production hike by OPEC. Apparently, a production cut may have stabilized the situation in the global market of crude oil. Even if there had been no change made, the prices would have felt less downward pressure. Still, despite the increasing oversupply of crude oil in the global market, OPEC is not going to cut the oil production. On the contrary, they cartel is reported to have raised the bar from 30 million all the way up to 31.5 million barrels a day. At least this is what Bloomberg reports. This triggered a slowdown across the oil market and outside of it. Later on, the Iranian Minister of Oil disproved the rumor by saying that OPEC that production quotas hadn’t been added to the agenda at all.

Publication date: 07 December 03:36 PM

Lenovo Reveals P1 Mini Specifications

The Hi-Tech Department of Market Leader reports that Lenovo is going to expand the Lenovo P1 series of smartphones in the near future.  These smartphones are powered by Android, the world’s most popular mobile operating system.

Publication date: 07 December 12:06 PM

Oil Is Getting Ready To Break Through $42/b

Oil prices keep on going down in the international market of crude oil. Within the scope of the existing downtrend, Brent oil is getting ready to go below $42 per barrel, Market Leader reports.

Publication date: 07 December 11:26 AM

OPEC Says Oil Production Cuts Possible

Saudi Arabia, which is considered the informal OPEC leader, announced its readiness to back oil production cuts in case other OPEC members like Iran and Iraq as well as non-OPEC members like Kazakhstan, Mexico, Oman and Russia do the same.

Publication date: 06 December 10:43 AM

Commodity Traders Bet On Lower Oil Prices

In November 2014, during the first OPEC summit after the the oil market crash, the cartel abstained from cutting its oil production by leaving the daily quotas unchanged at 30 million barrels a day.

Publication date: 03 December 03:03 PM

OPEC Increase Oil Production in November

In November 2015, the world’s oil production increased by 0,13 million barrels a day on average – from 31,64 million barrels in October to 31,77 million barrels last month, Market Leader reports.
 

 

In particular, we know that Iraq was the leader in terms of the oil production increase seen over the reporting period. In particular, it is reported that Iraq increased the shipment of crude oil at least to 3.06 million barrels a day. With that said, we have all reasons to assume that July’s high was broken.
 
Publication date: 01 December 01:09 PM

ASUS ZenPad S 8.0 will get a 2K display

ASUS is planning to introduce a new tablet to the European market this month.  The new device is called ZenPad S 8.0. The device is said to be powered by an Intel chip as well as the well-known Android 5.х operating system.

Publication date: 26 November 07:16 AM

SunbirdFX Teaches Gold and Silver Trading

Precious metals have always stood out from the crowd of financial assets. Millions of traders around the globe start buying gold and silver when the global economy starts seeing problems. With that said, precious metals have ben seen as safe-haven assets among market uncertainty and economic instability.
 
Still, in order to trade them profitably, you need certain skills and expertise. That’s why SunbirdFX offers you exclusive coaching on how to trade gold, silver and other precious metals the way professional do. This will help you to take you trading to the next level while enjoying stable profits.
Publication date: 24 November 03:08 AM

FxPro on Benefits of Trading Stocks

Apparently, most FX traders usually limit themselves to trading only currency pairs. However, major FX brokers offer other promising assets to trade as well, including stocks and commodities.
 
Publication date: 27 October 09:57 AM
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