Daily Market Review

Daily Market Review January 26

Crude oil prices have slipped back below the $30 a barrel, which indicates another bearish week to watch out for. Following the fall, Chinese shares have tumbles earlier today and investors get more concerned about stability of global growth. Shanghai Composite .SSEC headed down by 2.7 percent, putting an end to the rally started last […]

Daily Market Review January 22

Eurozone’s consumer confidence data depicted a fall of 0.6 points for the month of January yesterday. The European commission stated that consumer confidence for most countries in the Eurozone was below expectations. Also, adding to the woes, the European Central Bank kept the interest rates unchanged yesterday, since the economy is too weak to bear […]

Daily Market Review January 21

Consumer prices in the U.S., saw a downfall for the month of December, given a drop in energy goods. Price changes in consumer goods suggest that the Federal Reserve cannot achieve its targeted inflation rate, despite having raised the interest rates in December. The Consumer price Index slumped by 0.1 percent and soft inflation readings, […]

Daily Market Review January 20

$27 a barrel, is the new crude price on the market and this has further shaken the crude market as the global oversupply persists. On the Asian trade yesterday, crude prices dropped to $27 a barrel, indicating its lowest slump since the year 2003. The International Energy Agency announced that oil markets could further be […]

Daily Market Review January 19

Consumer price index (CPI) data are expected for both Britain and the Eurozone today, therefore forecasts for the Euro and Pound to move higher, are quite strong. These data should not be missed today, while on the other side, China slightly met its growth expectations as data received were quite satisfactory. The GDP data obtained […]