Forex Trading: Weekly Outlook - February 1, 2012 14:05

Major economic events to affect the forex markets for the week ending February 3rd, 2012 are as follows: On Monday, in euro zone, data on German consumer price index was released. Data on consumer confidence and business climate indicator was also released in the euro zone. In United States, data on personal consumption expenditure was […]

EIA Reports Increase of 3.6 Million Barrels in Crude Oil Stockpiles - January 26, 2012 23:26

Energy Information Administration reported increase of 3.6 million barrels in crude oil inventories on Wednesday while analysts forecasted the increase of 700,000 barrels in oil inventories for the week ending January 20th, 2012. Another trade group, API reported the increase of 7.3 million barrels in the crude oil stockpiles. Gasoline inventories declined by 400,000 barrels […]

Energy Information Administration Reports Decrease in Oil Stockpiles - January 20, 2012 23:55

Energy Information Administration released its report on Wednesday and disclosed decline of 3.4 million barrels in crude oil inventories for the week ending January 13th, 2012. Analysts were expecting the increase of 2.6 million barrels in the crude oil supplies. API on the other hand reported the decline of 4.8 million barrels in crude oil […]

Crude Oil Futures Gain on API Data - January 19, 2012 23:49

Crude oil futures gained on Thursday’s Asian trading session in reaction to decrease in inventories data released by American Petroleum Institute. As per latest report of API the crude oil inventories fell 4.8 million barrels for the week ending January 13th, 2012 whereas analysts were expecting the increase of 2.6 million barrel in crude oil […]

EIA Surprises: Stunning Surge in Oil Inventories - January 12, 2012 23:56

Energy Information Administration reported its inventories data on Wednesday and shocked investors with an increase of 5 million in crude oil inventories for the week ending January 6th, 2012. Analysts were expecting the decrease of 1 billion barrels in the crude oil supplies of the respective week while another trade group also released its data […]

Economic Events to Affect the Forex Markets - January 10, 2012 19:54

Major economic events for the week ending January 13th, 2012, which have significant impact on the forex markets are as follows: On Monday, report on investor confidence was reported in the euro zone region along with data on German industrial production. In United States, member of Federal Open Market Committee, Dennis Lockhart is to address […]

EIA Reports Increase in Crude Oil Supplies - January 6, 2012 23:21

Energy Information Administration released its report on Thursday, according to which crude oil inventories gained 2.2 million barrels for the week ending December 30th, 2011. Analysts polled by Platts hoped for a decline of 450,000 barrels in crude oil inventories while a trade group forecasted the decrease of 4.4 million barrels. EIA also reported the […]

Weekly Outlook for Forex Markets - January 3, 2012 23:54

Major economic events to hit the forex markets in the current week and which can affect the trading of major currencies are as follows: On Monday markets in United States, United Kingdom, Japan, Australia, New Zealand and Europe remained closed due to national holidays for the New Year. On Tuesday, January 3rd, 2011, United Kingdom […]

EIA Reports Unexpected Increase in Crude Oil Inventories - December 30, 2011 23:25

Crude Oil futures gained on Thursday despite increase in supplies data. The crude oil futures found support from threat of Iran’s threat to disrupt oil tankers traffic. As per latest data of Energy Information Administration crude oil supplies surged by 3.9 million barrels for the week ending December 23rd, 2011 while analysts expected the decline […]