27 April, 2017 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices finish at lowest level in a month
Futures Movers: Oil prices finish at lowest level in a month
Oil prices fall Thursday, with U.S. prices ending at their lowest level in about a month, as growing concerns over rising U.S.
27 April, 2017 by The TZ Newswire Staff Comments Off on BofA Capitulates: "The Trump Put Is Over", It’s Time To Sell Small Caps
BofA Capitulates: "The Trump Put Is Over", It’s Time To Sell Small Caps
Despite the rough start to the year, Bank of America had maintained its tactically bullish stance on US small cap equities on the idea that small caps are the best-positioned to benefit from increasing optimism around stimulus and tax reform. And it has been right: as we showed earlier, Russell hit a fresh all time high…
27 April, 2017 by The TZ Newswire Staff Comments Off on USD currency pairs to watch
USD currency pairs to watch
Today can be a very calm and sideways price move on EUR pairs, particularly on the euro/U.S. dollar (EUR/USD) currency pair as traders await the ECB rate decision and press conference.
27 April, 2017 by The TZ Newswire Staff Comments Off on European Central Bank meeting verdict is in
European Central Bank meeting verdict is in
The euro/U.S. dollar came under renewed selling pressure on Thursday, with prices descending toward 1.0852 after Mario Draghi swiftly quelled taper tantrum speculations with dovish inflation talks. Although the European Central Bank’s overall tone concerning the Eurozone’s economic recovery was slightly more optimistic, the monetary stance remained firmly dovish.
27 April, 2017 by The TZ Newswire Staff Comments Off on CBOE turns 44
CBOE turns 44
CBOE turned 44 Wednesday, and we thought we’d provide 44 “fun facts” to mark the occasion.
27 April, 2017 by The TZ Newswire Staff Comments Off on CME reports strong first-quarter results
CME reports strong first-quarter results
CME Group Inc. reported revenue of $929 million and operating income of $601 million on Thursday for the first quarter of 2017.
27 April, 2017 by The TZ Newswire Staff Comments Off on Crude: Big is never big enough!
Crude: Big is never big enough!
The biggest, best, massive tax cut plan in all human history was not enough to shake the petroleum sector out of its bearish slumber. The petroleum sector has been dripping down slowly like a good old fashion water torture as the market is fixated on short-term supplies and not our future. While the market continues to believe that shale oil is going to plug the gap in the global oil market, it will at some point find out that shale oil is a band-aid on what is becoming a gaping wound.