Resource Investor

Crude prices, which were on the rise on concerns of tightening supply and growing desperations that the loss of Iranian oil supplies would not be easily replaced, may have found a ray of hope. Present Donald Trump said in a press conference at the White House with Italian Prime Minister Giuseppe Conte that he would […]

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Monday, July 30, 2018. …read more From:: Resource Investor

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

As my colleague Fawad Razaqzada noted on Friday, this week promises to be an interesting one for forex traders, with the Bank of England, Bank of Japan, Federal Reserve all set to meet, in addition to the always-noteworthy monthly Non-Farm Payrolls report on Friday. …read more From:: Resource Investor

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against R.J. O’Brien & Associates LLC (RJO) of Chicago, for failure to diligently supervise its employees’ handling of customer accounts and for violating the terms of a prior Commission Order. At all relevant times, RJO was registered with the Commission

Time window season came and went. Then there was Facebook, which got clobbered just as markets hit 618 days off the February 2016 bottom. This was one of the tougher windows the market has encountered this century. There was plenty of reason to believe the 610 would sustain and in certain instances, it has. But

U.S. equity benchmarks sold of sharply on Friday. A rollercoaster week ended with mixed earnings and a big miss by Twitter weighed on an already damaged sentiment due to Facebook. Here, Friday morning, we called for a lack of value in the 2740’s and investors began to agree, derisking ahead of the weekend. …read more

A busy week gets underway and amidst trade tensions, earnings, geopolitics and the July jobs report, the Federal Reserve is still the biggest voice in the room; U.S. and China trade heats up again this week with the White House expected to impose the second wave, $16 billion on Chinese goods, on Wednesday. …read more

Asian equities kicked off the week in negative territory following the declines on Wall Street on Friday. The solid U.S. GDP data did little to support markets. The economy expanded at its quickest pace since 2014 in the second quarter, growing 4.1%, almost double the first quarter’s growth. However, investors have already priced in the

The U.S. dollar looks rather fatigued and we think it may be set for a correction of some sort in the coming days. After a three-month rally, the dollar Index is flat so far in July and with just one more day of the month left, we can’t see it staging a late rally now.