Euro Dollar The euro is plunging after FOMC minutes showed that the Fed is not motivated at this time for any bond program or QE. The euro is trading for 1.323 down 0.68% in just a few minutes. Coming up in tomorrow’s US session: [unordered_list style=”green-dot”] U.S. Treasury Secretary Timothy Geithner (January 2009 – January […]
Market Review April 4 2012 Read More »
In recent years, we have witnessed the price of gasoline at the pumps diverging from its direct association to the price of oil. We also have witnessed the same with interest rates. In the US, most mortgages, personal loans, credit cards and consumer credit were tied to the Federal Reserve rates, but no longer. When
What Happens With The Price Of Crude Oil Separates From Supply And Demand Read More »
Crude Oil prices have moved up again today, as supply worries persist despite Saudi Arabia’s promise to raise daily output by a quarter to full capacity if necessary. West Texas and Brent crude both dropped by 2 per cent yesterday after the world’s top oil exporter said available supply was well above demand and current
Crude Oil Continues To Rise Read More »
Saudi Arabia, the world’s largest oil producer, said it would work alone and in cooperation with other producers to ensure adequate global supplies of crude oil, market stability and fair prices, Dow Jones Newswires reported. Traders also stressed over news China have raised pump prices for diesel and gasoline, seen as leading to higher crude
Crude Falls On Tuesday Trading Read More »
