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Sunday, 10 December 19:54 (GMT -05:00)



Stock and commodities markets

Renewed Samsung Galaxy S7 Will Get 3 Various CPUs


The new version of the best-selling series by Samsung named Samsung Galaxy S7 is probably going to be redesigned and look completely different from the rest of he family in general and the Galaxy S6 series in particular. Some insider report that design is not the only new thing Samsung is going to apply to the new device. They say that manufacturer is going to make changes to the technical specifications as well.

 

 

 

 
In particular, the Hi-Tech Department of Masterforex-V Academy reports that the Home button of Samsung Galaxy S7 is going to be of rectangular with sharp corners. The dimensions of the new device are close to those of the previous version.  If to consider the slight difference, we can assume that Samsung Galaxy S7 is probably going to have a 5.1-inch display. As far as Galaxy S7 Plus is concerned, it is likely to get a 6-inch display.
 
On top of that, Samsung Galaxy S7 is rumored to come into market in 3 versions, 2 of which are expected to be powered by Samsung Exynos (the all-new CPU) while the 3rd one us likely to get a modified version of Snapdragon 820. The Snapdragon 820-based version of Samsung Galaxy S7 is expect to enter the Chinese and American markets first while the Exynos 8890-based one is expected to be targeted at the markets of South Korea, Europe, Japan. The Exynos 7422-based device is said to be aimed at India.
 

 

When it comes to Samsung’s stock, the price entered the red zone by losing 1.39%. This is confirmed by the chart below, courtesy of Masterforex-V Academy.

samsuntet.jpg

 

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American Shale Oil Producers Enjoy OPEC+ Deal Extension

On the last day of November, the OPEC and several non-OPEC oil exporters met in Vienna to discuss the future of the global oil market during the OPEC summit. The summit ended with extending the OPEC+ deal until the end of 2018. Experts say this decision means the OPEC+ participants have lost the long-term oil war with American shale oil companies.

Publication date: 03 December 11:03 PM

OPEC Is Worried About U.S. Shale Oil Production Prospects

The OPEC is concerned that their American rivals producing shale oil may catch at the chance given them by the OPEC+ deal. The deal is aimed to cap oil production and restore the market balance in favor of higher oil prices. The OPEC+ agreement is likely to be extended during the forthcoming OPEC summit on November 30th in Vienna, Austria.

 
Publication date: 29 November 11:49 AM

U.S. Stats Pushed Oil Prices Higher

According to online source Finanz, the U.S. crude oil inventories shrank over the past week, which pushed oil prices higher. After 3 weeks of retracing, crude oil is rallying confidently again. The Brent oil futures for January delivery reached $63,29/b, which is 1,15% higher than a day before. At the same time, The WTI oil futures for January delivery gained more than 2% and reached $57,94/b, which is the highest level since July 2015.

Publication date: 25 November 01:14 AM

Oil Market Is Under Pressure In Advance of OPEC Summit

Publication date: 24 November 07:01 AM

Saudi Arabia Doesn’t Want Oil Prices to Grow Too Fast

Reuters reports that Saudi Arabia doesn’t want oil prices to grow too fast. This is what Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid A. Al-Falih told during his speech at the UN Climate Change Conference 2017 in Bonn, Germany.

Publication date: 19 November 08:58 AM

What’s the Fair Price of Crude Oil Today?

For many economies out there, especially those dependent on the export of crude oil, oil prices have always been a major indicator to monitor. These days, the international expert community is divided over the future of the global oil market. 

Publication date: 18 November 09:36 AM

Crude Oil Stops Being a Lifeline for the Russian Ruble

 The U.S. Dollar is getting more expensive against the Russian Ruble again as the Russian currency is feeling pressure from the new round of the Western sanctions. Crude oil seems to have stop saving the day for the Russian economy and national currency.

Publication date: 18 November 09:33 AM

Oil Market Shows No Reaction To Optimistic OPEC Report

Oil market showed almost no reaction to the annual OPEC oil report released on November 13th, even though the report happened to be fairly optimistic. In particular, while WTI oil futures for December delivery increased in price by as little as 0,11% up to $56,80/b, Brent oil futures for January delivery lost 0.09% and moved down to $63,46/b.

Publication date: 18 November 09:26 AM

Russia Is Still Dependent On Crude Oil

Is the Russian economy getting rid of its dependency on crude oil? Even though Russian politicians say that’s really the case, famous Russian economist Igor Nikolaev tried to find out the truth backed by figures.

Publication date: 17 November 11:52 AM

High Oil Prices Threaten OPEC+

 Today’s oil prices, which are relatively high, as well as some tensions in Saudi Arabia, may hinder the prolongation of the OPEC+ agreement signed last year, PRIME reports.

Publication date: 17 November 11:49 AM