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Saturday, 28 November 14:51 (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 Planning Another Emergency Summit As Oil Prices Crash

 

OPEC doesn’t deny the possibility of holding another emergency summit in the near future. At this point, OPEC members are reported to be discussing the issue. According to Masterforex-V Academy the major reason why OPEC is planning the summit is the fact that oil prices resumed its downtrend while experiencing downward pressure coming from the increasing oversupply of crude oil in the global market.
 
Publication date: 10 August 06:35 AM

Crude Oil: WTI Prices Drop Below $45/b

 

The never-ending bearish trend in the global market of crude oil is still underway. Yesterday, at the end of the trading day, the price of WTI crude oil declined below $45 per barrel, Masterforex-V Academy reports.
 
In particular, at the ned of the American trading session, WTI (West Texas Intermediate) saw a 1.7% drop and broke through the $45/b support on its way down to new local lows. The trading day closed at $44,81/b. Masterforex-V Academy reports that this is the lowest price since March 19th, 2015.
Publication date: 06 August 01:07 AM

China Still Cannot Cap Stock Market Crash

 

Despite the fact that Chinese authorities have been doing their best to save the local stock market from seen an even deeper crash, there efforts have been inefficient and uncoordinated and have failed so far.
Yesterday, on August 4th, the Chinese government held an emergency summit together with the leading financial experts in China. The Prime Minister urged the expert to work out an efficient solution to cap the crash until it is too late. At the same time he insists on tighter cooperation between the People’s Bank of China, the Chinese Ministry of Finance as well as stock market regulators and major banks.
Publication date: 05 August 07:54 AM

Apple iPhone 6s and iPhone 6S Plus Sneak Pics

 
There are several weeks until Apple is going to introduce a new series of mobile devices – iPhone 6s and 6s Plus. That is why more and more web sources keep on posting rumors and sneak pics of the would-be devices.
Publication date: 04 August 01:10 PM

OPEC Rejects Possible Oil Production Cut, Experts Predict Further Drop

OPEС members are not going to cut their oil production in the near future despite the declining oil prices triggered mainly by increasing oversupply.  On top of that, Iran is going to reenter the global market of crude oil as a major player, which is definitely going to increase the growing oversupply even faster.

 
Publication date: 03 August 12:42 PM

Brent Oil Drops Below $52/b

 

Since the start today’s trading session, crude oil prices has been going down since the market participants are afraid that Iran is going to come back the the market as a major oil exporter after years of sanctions imposed by the West over the Iranian nuclear program.
 
Publication date: 03 August 10:30 AM

ZTE Star 3 – New Smartphone under Android Management

 

ZTE company has informed about release of a new smartphone Star 3 under the management of Android 5.1 Lollipop operating system and bearing original user interface Nubia 3.0 UI. As found out by journalists of the “Market Leader”, its hardware will be represented by а platform Qualcomm Snapdragon 615, which is a 64-bit eight core processor with Adreno 405 accelerator.
Publication date: 03 August 03:23 AM

OPEC Expects Stable Oil Prices In 2016

 

 

According to the Secretary General of the OPEC Abdallah el-Badri, oil prices are expected to stabilize next year. He views the current situation as a challenge for everyone. On top of that, the prices are expected to become balances and stable for longer-term perspective.

Publication date: 30 July 02:36 PM

WTI Oil Drops Below $48/b

 

Market Leader reports that oil prices started going down again backed by the fear that the global supply is going to get even higher amid decreased demand. In particular, earlier today, WTI oil dripped below $48/b on its way down to further local lows.
Publication date: 27 July 05:04 AM

Garry Ross Predicts Higher Oil Prices – Up To $100/b By 2020

 

 

According to Garry Ross, the founder of of a consulting company named PIRA Energy Group, the existing oil prices around the globe cannot be considered as a steady trend. He says that you don’t have to be a rocket scientist to figure out that oil prices are going to recover up to $100 per barrel within he next 5 years.
 
Publication date: 22 July 06:01 AM
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