Last year, a lot of online sources spread rumors that Google is going to put an end to the production of the famous Nexus series of smartphones in order to focus on more expensive Android-powered devices, Market Leader reports. Still, these rumors have failed to manifest themselves so far.
Yesterday, on March 18th, the U.S. stock market gained value on big trading volume after an «unexpected» report on the Fed’s monetary policy that followed the 2-day FOMC meeting.
The hi-tech stock index, which is NASDAQ, gained 0,9%, thereby closing at 4982,71. This is close to the major high of 5000, which was hit for the first time in 15 years on mArch 2nd, 2015. At the same time, the broad market index - S&P500 - gained 1,2% over the same reporting period.
The global market of crude oil is currently pretty dynamic, with considerable price fluctuations. What factors affect the market? Which side to gain the upper hand in the near future - the bulls or the bears?
After a short period of stable oil prices, the downtrend seems to have resumed again, Market Leader reports. Yesterday, WTI dropped below $43 per barrel.
Apple is said to be getting ready to release an exclusive series of Apple Watch made of gold, Market Leader reports. Apparently, the gadget is going to cost a fortune. Still, the High-Tech Department of Masterforex-V Academy reports that the golden variant of Apple Watch is going to cost 10 times as much as an ounce of gold. Even experts were shocked by the announced price, not to mention the fans of Apple devices.
This morning, oil prices seem to have started recovering from another bearish period started earlier this week, Masterforex-V Academy reports.
According to the EIA, the U.S. shale oil production is expected to grow by as little as 1000 barrels a day, which is almost nothing if to compare the industry’s scale. With that said, this prediction is almost identical to the absence of production growth in the sector of American shale oil.
Apple turns out to be the first American company to exceed the market cap limit of $700bn. at the same time, Apple now enjoys the title of the world’s most expensive company, Market Leader reports.
As you probably know, low oil prices have had a negative impact on the U.S. shale oil production so far, Market Leader reports. The thing is that the OPEC is still unwilling to cut its oil production amid a global economic slowdown and low global oil demand caused by it. With that said, the steady production coupled with low demand keeps on increasing the oversupply in the global market of crude oil, thereby pushing the prices to new lows almost on a weekly basis.
According to the OPEC, which is a union of some of the biggest oil exporters in the world, assumes that the current oil prices are still supported by winter weather conditions and accumulated oil inventories, Market Leader reports. According to the oil cartel, oil prices may well dorm further down to $30-35/b by mid 2015. these predictions are backed by low global demand coupled with expanding oversupply at the expense of stably high oil production sown by the OPEC.