While reports about tech giant Amazon meeting generic drugmakers made the rounds, companies like Pfizer (PFE – Free Report) and Teva Pharmaceutical Industries Ltd.’s (TEV...
The 2017 is almost gone. The last eleven months were not perhaps a spectacular time for gold, but it managed to rise more than 12 percent year-to-date, as one can see in the chart ...
Indian share markets witnessed intense selling pressure in the afternoon session and finished deep in red as economic data failed to boost market sentiments amid weak European mar...
Oil prices are responding positively to an extension of the current OPEC/Non-OPEC production deal, especially because Nigeria and Libya agreed to cut production, but a monthly repo...
USD/JPY The US dollar rallied significantly during the trading session on Thursday, breaking above the vital 112 level. By doing so, it looks as if we are ready to continue rallyin...
“Basically, the decline in the velocity of money is due to math rather than economic dysfunction, and it’s not necessarily a signal of economic trouble.” (The Independent...
USDCHF pair backed off higher prices on Thursday leaving risk to the downside. On the downside, support lies at the 0.9800 level. A turn below here will open the door for more weak...
In her last testimony before Congress as head of the Federal Reserve, Janet Yellen made a curious statement: “I would simply say that I am very worried about the sustainability o...
The release of the manufacturing PMIs confirms that the synchronized global expansion remains intact. The focus today is on three unresolved political challenges: US tax reform, ...
Markets were thrown for a loop in the past 24 hours, with the Dow first soaring nearly 400 points on Thursday on expectations that tax reform was a done deal, when drama emerged ju...