Weekly Outlook for Forex - October 11, 2011 23:24

Major economic events that have significant affect on Forex markets for the week ending October 14th, 2011 are as follows: On Monday, October 10th, debt markets in Untied States remained closed in observance of the Columbus Day while stock markets remained opened as usual. Markets in Canada also remained closed due to Thanksgiving holiday. In […]

Oil Futures Jump on Inventories Data - October 6, 2011 23:52

Crude oil futures gained on Wednesday in reaction to decrease in inventories data and uncertainty over US employment conditions. According to the latest data of the Energy Information Administration, crude oil inventories fell 4.7 million barrels for the week ending September 30th, 2011 whereas analysts expected the oil stock piles to increase by 2.5 million […]

Forex Weekly Outlook - September 6, 2011 23:32

Major economic events that could have significant impact on forex trading and currency markets for the week ending September 9th, 2011 are as follows:- Yesterday on Monday, markets in United States remained closed in observance of Labor Day while euro zone reported its official data on retail sales along with data on investor confidence. Today […]

Crude Oil Declines on Wednesday despite decrease in Stockpiles - August 25, 2011 21:53

Crude oil futures declined on Wednesday despite decline in weekly inventories data.  According to latest report of the Energy Information Administration crude oil inventories dropped 2.2 million barrels for the week ended August 19th, 2011 while analyst were hoping oil inventories to gain by 2 million barrels. According to EIA, gasoline inventories surged 1.4 million […]

Crude Oil Gains despite Increase in Oil Inventories - August 18, 2011 23:46

Crude oil futures gained on Wednesday despite increase in US oil inventories reported Energy Information Administration. As per latest report of EIA, crude oil inventories increased by 4.2 million barrels for the week ended August 12th, 2011. On the other hand analysts were expecting oil supplies to decrease by 500,000 barrels for the respective week. […]

Crude oil Gains on Wednesday due to Decrease in US Inventories - July 14, 2011 22:39

Crude oil futures remained bullish on Wednesday as US oil inventories declined more than expectations. According to latest data of US Energy Information Administration crude oil supplies plunged by 3.1 million barrels for the week ended July 8th, 2011. Analysts forecasted the declined to be around 2.1 million barrels for the respective week. The US […]

Weekly Outlook for Crude Oil - May 23, 2011 23:40

List of important events to affect the trading of crude oil futures contract are as follows: On Tuesday United States will report its new home sales index for the month of April and expect home sales to increase by 1.7 percent to 305,000 units as compared to prior forecast of 300,000 units. On Wednesday United […]

Crude Oil Falls at Stockpiles Increase - April 6, 2011 22:51

Crude oil futures remained under pressure on Wednesday’s trading session after news of increase oil inventories as per latest report. However bullish stock markets, depreciating dollar and escalating crisis in Libya provided support for the oil contract. As per latest data of Energy Information Administration crude oil investors grew by 2 million barrels for the […]