EIA Reports Increase of 2.2 Million Barrels in Crude Oil Supplies - June 1, 2012 23:01

Energy Information Administration released its inventories data on Thursday according to which US crude oil inventories increased by 2.2 million barrels for the week ending May 25th, 2012. Analysts were expecting a gain of 100,000 barrels in the crude oil inventories while another trade group American Petroleum Institute reported the decrease of 353,000 barrels for […]

Crude Oil Supplies Up by 2.8 Million Barrels, Reports EIA - May 3, 2012 23:49

Energy Information Administration released its inventories report on Wednesday according to which crude oil inventories surprisingly increased by 2.8 million barrels for the week as compared to analysts’ expected gain of 2.5 million barrels. Though the inventories data came in line with analysts’ expectations but what really concerned the market that total oil inventories figure […]

Forex Trading Outlook for the Week Ending May 4th - May 1, 2012 23:52

Major economic events around the globe to affect the trading of the currencies for the week ending May 4th, 2012 are as under: On Monday, Germany reported its data on retail sales while Italy released its data on consumer price index. Spain published its official figure on gross domestic product while the euro zone region […]

Weekly Outlook for Forex Markets - February 21, 2012 23:20

Major economic events to affect the forex markets for the week ending February 24th, 2012 are as under: On Monday, Japan reported its data on country’s balance along with data on coincident index and leading index. Markets in United States remained closed in observance of the President’s Day. In United Kingdom data on house prices […]