GKFX: Updated “Market Depth” for MT4 – for Those who Want to Win
Go and conquer new dimensions of thinking. B. Werber
These days anyone may work at forex market. However, stable earning on a regular basis is only for those traders that are ready to “conquer new dimensions of thinking”, have adequate reaction to any changes at rapidly progressing markets, and remain cold-minded when taking informed decisions on the basis of thorough analysis.
Euro Commission Inspects Oil Companies Form Price Manipulation
European antitrust authorities have inspected several offices of major oil companies. These companies are suspected of oil price manipulation. The names of those companies haven’t been revealed.
1.Production and stocks. According to the latest weekly report published by the EIA, US crude stocks increased by 230 000 barrels up to 365,5 million barrels during the week that ended on May 3rd.
Analysts had expected a much bigger increase- by 2 million barrels.
Another weekly US oil market report is published by the EIA. The US commercial stocks dropped by 624 000 barrels down to 394, 89 million barrels last week.
The futures on US stock indices are trading in the negative zone due to poor reports. In particular, he industrial production report came out worse than expected, thereby affecting US stock indices.
Asian-Pacific stock indices closed today’s trading session mostly in the green zone. In particular, Nikkei 225 exceeded 15000 points for the first time since 2007. Strong corporate reports and weaker yen contributed to the rally. The Japanese Yen has depreciated by 14% since early 2013.
European stock indices have been multidirectional. Investors are looking forward to the forthcoming business confidence report from Germany and the eurozone’s industrial production report.
Asian-Pacific stock indices have been multidirectional today. South Korean indices showed some growth while Chinese and Japanese stocks entered the red zone on closing.
The current situation in the market of coffee indicates that most funds are now closing their short positions because of colder weather in Brazil (winter is coming there).
Amazon.com Inc. Plans to Produce New Mobile Devices
According to The Wall Street Journal, Amazon, which is an American multinational electronic commerce company, is planning to develop a series of mobile devices, including 2 smartphones. That is why the company is planning to go beyond the segment of tablet PCs (the Kindle series).