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Dollar weakens despite stronger than expected GDP data US stock market rebounded on Friday boosted by stronger than expected GDP report. The S&P 500 rose 0.5% to record high 2939.88, ending 1.2% higher for the week. Dow Jones industrial advanced 0.3% to 26543.33. The Nasdaq gained 0.3% to fresh...

US President Appeals to OPEC Oil quotations fell by about 3-4% after US President Donald Trump called on OPEC to increase production. Will the correction of WTI quotations continue ? From its last low on December, it was up 56%. The local maximum was set on Tuesday, April 23rd. The main reason...

Dow edges higher led by Boeing data US stock market slide continued on Monday. The S&P 500 slipped 0.1% to 2798.36. Dow Jones industrial however managed to end 0.1% higher at 25516.83 thanks to Boeing 2.3% rebound. The Nasdaq composite slid 0.1% to 7637.54. The dollar weakened: the live dollar...

US stocks end mostly lower US stock market ended marginally lower on Tuesday as investors risk appetite was undermined by reports China resists to US demands in trade negotiations. The S&P 500 slipped 0.01% to 2832.57. Dow Jones slid 0.1% to 25887.38. The Nasdaq however rose 0.1% to 7723.95...

Dollar weakens after weaker than expected industrial data US stock market resumed advancing on Friday. S&P 500 rose 0.5% to 2822.48, closing 2.9% higher for the week.Dow Jones industrial gained 0.5% to 25848.87. The Nasdaq added 0.8% to 7688.53. The dollar strengthening reversed on a weaker...

Dollar weakening pauses as inflation rises US stock market added to previous session gains on Tuesday led by the health care and utilities shares. The S&P 500 gained 0.3% to 2791.52. Dow Jones however slid 0.4% to 25554.66 dragged by continued slump of Boeing as more airlines grounded their...

Dollar weakens despite retail sales recovery US stock market rebounded on Monday led by technology shares. The S&P 500 advanced 1.5% to 2783.30. Dow Jones industrial gained 0.8% to 25650.88. The Nasdaq composite jumped 2% to 7558.06. The dollar weakening accelerated despite data showing above...

Dollar strengthens despite falling construction spending US stock market pulled back on Monday as optimism about possible US-China trade deal by the end of month receded. Washington delayed the raising of tariffs on $200 billion in Chinese goods initially set to increase to $25% from 10% on the...

Dollar strengthens despite weaker than expected data US stock market extended gains on Friday as the US and China moved closer to a trade deal ahead of the March 2 deadline when tariffs on $200 billion in Chinese goods should increase to $25% from 10%. S&P 500 advanced 0.7% to 2803.69, closing...

A slowdown in global economy may reduce the demand for oil In this review, we suggest considering the personal composite instrument (PCI) &GAS/OIL. It reflects the price change dynamics of US natural gas against the American West Texas Intermediate (WTI) light crude oil. Will GAS/OIL prices...

US stock indexes gained after US President Donald Trump's announcement that he would postpone the increase in import duties on Chinese goods Previously, it was supposed to introduce duties of 25% for Chinese goods supplied to the US amounted 200 billion $ a year from March 1, 2019. A meeting...

Demand for biofuels may increase in Brazil A major ethanol producer in Brazil forecasts an increase in the proportion of sugarcane intended for biofuel production. Will sugar prices rise? The COFCO believes that world sugar prices will depend on the cost of fuel in Brazil. According to its...

Dollar weakens on soft data US stock market ended lower on Thursday paring earlier sharp losses as traders wondered what would be the impact of a Huawei executive arrest on US-China relations. The S&P 500 lost 0.2% to 2695.95. The Dow Jones industrial average slid 0.3% to 24947.67. Nasdaq...

Dollar strengthening continues US stock market is poised to reopen sharply lower today after a day-off on Wednesday for the funeral of the former President George H.W. Bush. Futures on US stock indexes plunged after news Canada arrested a top executive of Chinese telecom giant Huawei...

Dollar strengthening reverses US stock market extended gains on Monday after President Trump and Chinese leader Xi Jinping agreed over the weekend to launch negotiations to settle trade disagreements while suspending application of any new tariffs for 90 day period. The S&P 500 rose 1.1% to...

OPEC and non-OPEC producers discuss the possible reduction in oil production In this review, we suggest considering the personal composite instrument (PCI) &SumOIL/GAS. It reflects the price dynamics of the portfolio of futures on oil of two brands – Brent and WTI against futures on natural...

Dollar weakens on global growth risks concerns US stocks ended Friday session on a positive note after President Trump’s comment no more tariffs may be needed as China wants to make a trade deal with US. S&P 500 added 0.2% to 2736.27, closing 1.6% lower for the week. Dow Jones industrial...

Dollar strengthens to year-and-half high US equities sold off on Monday led by technology shares. The S&P 500 fell 2% to 2726.22. Dow Jones industrial lost 2.3% to 25387.18. The Nasdaq composite index dropped 2.8% to 7200.87 led by Apple down 5%. The dollar strengthening accelerated: the live...