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Saturday, 21 October 04:10 (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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OPEC Urges American Shale Oil Producers to Join Oil Agreement

The OPEC is reported to have offered American shale oil companies to join the Vienna Accord, also known as the OPEC+, which is the agreement designed to cap the production of crude oil and restore the market balance for the sake of higher oil prices in the future. However, some experts say that they won’t agree to do so even if they are threatened.

Publication date: 13 October 05:14 AM

October Starts With Crude Oil Downtrend

Friday’s trading session made crude oil go in the red zone. According to Masterforex-V Academy experts, the USA started increasing the production and export of crude oil, and the international trading community has been concerned about that ever since, which is, by the way, is believed to be the key reason for this price drop.

 
Publication date: 08 October 09:30 PM

Russia and Saudi Arabia Want to Extend OPEC Deal for 3 Months

Russia and Saudi Arabia insist on extending the OPEC deal for another 3 months – up to middle 2018.

Publication date: 29 August 03:56 AM

S&P 500 Becomes Most Profitable Assets Since 2008 Financial Crisis

Deutsche Bank analysts have complied the list of the most profitable financial assets over the last 10 years. S&P 500 is recognized the best asset for long-term investments. Those who have been investing in this asset since 2007, now can enjoy slightly over 100% on top of their investments, the experts report. American junk bonds yield to S&P 500 in terms of profitability. As of the Russian stock market, it’s one of the outsiders.

 

 

 

Publication date: 21 August 04:58 AM

Dow Jones Industrial Average Set New All-Time Record, Above 22K Points

The Dow Jones Industrial Average (DJIA) is reported to have set a new all-time record. For the first time in its history, the index has exceeded the 22K threshold.

 

 
For those of you who don’t know, the Dow Jones Industrial Average is one of the oldest and most significant indexes indicating the health of the American stock market. It was created by Charles Dow and Edward Jones. In 1889, Mr. Dow founded The Wall Street Journal, one of America’s first business editions. In 1896, The WSJ published the DJIA for the first time when analyzing the current state of the U.S. stock market for the first time. Back then, the DJIA was at 40,94 points, NordFX experts report.
Publication date: 04 August 06:09 AM

OPEC Increases Oil Production To Highest Volume Since Early 2017

The OPEC’s average daily level of oil production saw another high in June 2017. To be more specific, they produced 260K barrels a day more than in May 2017. The biggest gainers in term of oil production were Libya and Nigeria. Those are the OPEC members that didn’t sign the so-called Vienna Accord, which is why they are not obliged to freeze their oil production.

Publication date: 05 July 12:31 AM

Why Are OPEC and Russia Unable to Trigger Oil Price Rally?

Not so long ago, oil prices reached the 10-month low. Since early 2017, oil prices have already dropped by 20%. The low efficiency of the joint efforts to cap oil production in order to support oil prices is now rated differently by the international expert community.
 
Publication date: 01 July 12:57 PM

Crude Oil Plunges Below $45/b

Oil prices keep on going down. Yesterday, for the first time since November 2016, the price of Brent oil dropped below $45/b. to be more specific, later on the trading day, a barrel of Brent oil cost $44,63 in London (ICE Futures). This means that the price dropped by 3% over the trading day. A day before, the trading session ended up with $46,02/b, NordFX reports. This is the lowest price since November 15, 2016.

 

 
Publication date: 21 June 11:36 PM

Trading Week Starts with Oil Price Drop

On Monday, June 19, crude oil is getting cheaper worldwide. Experts say that the price drop has to do with the recent report on the amount of oil rigs in the United States. In particular, the report says that the amount of such rigs has grown over the last week.
 

 

Baker Hughes reported on June 16 that 6 new rigs had been activated over the reporting period, thereby setting a new major high – 767 units, which is the biggest amount of functioning oil rigs since April 2015. By the way, the amount of oil rigs has been continuously growing over the last 22 weeks, which is also the new 30-year record.
Publication date: 19 June 02:27 AM

Brent Drops Below $48/b Amid Qatar’s Paradox

The Qatar crisis failed to push oil prices higher as expected by those who had previously extended the so-called Vienna Accord. Yesterday, on June 7, the global market of crude oil got feverish. The reasons for that was all about the tensions around Qatar, which is an oil exporter from the Persian Gulf.
 
Publication date: 08 June 01:17 AM