Dollar rises slowly as market awaits Trump’s tax plans
On Tuesday, Trump is set to make his first major policy address to Congress. It is anticipated that it will include some of the details of his infrastructure spending and tax … [Read more...]
Rise in oil prices after report indicated drop in U.S. stocks
On Thursday the oil prices rose after the U.S. data showed a surprising declining in inventories, suggesting a global oversupply could be ending following moves by OPEC to … [Read more...]
WTI crude oil futures losses extended following surge in crude inventories
As a reflex action, the West Texas Intermediate oil extended its losses on Wednesday in the North American trade, following data that showed crude oil supplies in the U.S. … [Read more...]
Trump’s travel ban arguments to be heard in appeals court
On Tuesday there will be a face-off, relating to the fate of President Donald Trump's travel ban for people from seven countries that are Muslim-majority, between the U.S. Justice Department and its opponents in a federal appeal court. This is his most controversial act … [Read more...]
While clarity on Fed policy is sought, stocks and dollar increase
On Monday, the investors looked for clarity despite an array of economic and political uncertainties but gave shares and the dollar the benefit of the doubt, causing a shares and dollar increase. A heavy week of corporate earning was a big player in stock markets. With … [Read more...]
Five Things in the Economy to Watch in the Coming Week
Following a relatively quiet week for economy's data, the global financial markets will be focusing on the trade figures from China that are due out on Friday. Keeping focused on Friday’s consumer sentiment data, investors will also be looking for more clues about the … [Read more...]