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Tuesday, 4 August 13:51 (GMT -05:00)



Hot news

Brent Oil Drops below 54 Dollars per Barrel


 

The cost of September future contract of Brent oil has dropped to 53.71 US dollars during London trading session this Monday. This is 1.69 percent lower than the cost of the previous trading session held on Sunday. That day the price of Brent during a trading session amounted to 54.67 dollars.
 
The last time oil of this brand dropped below 54 dollars per barrel was on March 20. This is proved by data recorded at the stock exchange. That day barrel of Brent has reached the minimal point of 53.55 dollars.
Publication date: 30 July 07:21 AM
Author: Ekaterina Kravets

 

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 04:42 PM

What Can Ukraine Export to the USA?

Not so long ago, Ukraine got the right to export its goods to the USA, while doing it duty free. Most likely, the overall amount of such exports is going to be limited and inconsiderable. The thing is that this program is tailored only to those Ukrainian manufacturers capable of producing premium-quality goods. At this point, Ukrainian may start exporting its household chemical goods to the USA.

Publication date: 03 August 03:00 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 02:30 PM

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 07:23 AM

IMF Suspends Financial Aid to Greece

 

According to several web sources, the IMF cannot participate in further financial support of Greece at this point since Greece has failed to comply with all the necessary requirements making it possible to access new loans.

 

 

They say this decision came as the result of the latest IMF meeting conducted on July 29th. The report following the meeting says that Greece has an exceptionally high level of debt and the Greek authorities have failed to conduct all the reforms promised several years ago in exchange for financial support.
Publication date: 31 July 04:34 PM

Forex-Market Claim They Can Overcome Any Challenges in Financial Markets

The global economy keeps on seeing more and more shocks and challenges from time to time. In early 2015, it became clear that even the notorious Swiss banks cannot guarantee 100% security and safety of funds, not to mention plain FX brokers, which are constantly in jeopardy of going bankrupt. Does it mean it is better to cancel all FX trading and put the money under the mattress? No, it doesn’t! This is what the representatives of a young but promising FX broker named Forex-Market think about it.

 
They assume that the way an FX broker conducted its business is the key factor when it comes to financial security, stability and safety of client funds.
Publication date: 31 July 07:59 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 06:36 PM

Italy Follows In Greece’s Footsteps, Consequences Maybe More Considerable

Emergency meetings follow each other. Eurozone nations are trying to save Greece. At the same time, experts have raised the alarm - Italy seems to be the next Greece. Yet, this time, if that’s the case, the Greek crisis will seem nothing compared to the Italian one.

 
Publication date: 30 July 04:18 PM

Masterforex-V EXPO Names Best FX Brokers For Rookies. July 2015

 

Any FX broker faces the problem of choosing a suitable FX broker to go with at some point in his/her trading career. However, it is always a good idea to start working with a reputable FX broker right off the bat.
 
This is a crucial decision to make since it is the broker you trade with that determines the trading conditions as well as your overall comfort and performance. No trader can do without a reliable broker. And no trader can eventually succeed in FX trading with a scam or fake broker since the ultimate goal is to withdraw the profits and enjoy them by spending them.
Publication date: 30 July 09:34 AM

Forex Trend: Lessons and Prospects

History always gyrates, which means there will always be ups and downs, clear trends and periods of standstill. For all FX traders out there, it is all about timing. In other words, it is important to join and leave the trend just in time.

A company’s name reflects its aspirations and prospects. That is why they founders called their company Forex Trend. The company’s history over the last 5 years is a crying example of a classic Forex trend with momentums and retracements.

 
In 2010 through 2014, Forex Trend saw an uptrend allowing its clients to make millions of dollars. In early 2015, the trend slowed down and a retracement followed, which reflected in some major difficulties for the company and its clients.
 
However, a new uptrend is coming, thereby giving Forex Trend clients hope for the better. The new uptrend for the company and its clients is expected to start in September 2015…
 
The thing is that Concorde Capital, one of the biggest investment companies out there, decided to purchase Forex Trend, thereby giving all of its clients to get the frozen funds back and make new profits.
Publication date: 30 July 08:14 AM