Resource Investor

With a rate hike in June considered a done deal, investors may be more concerned with the economic projections and press conference with Fed Chair, Jerome Powell. Markets are poised to closely scrutinize the Fed’s monetary policy statement for clues on how fast the Fed may raise interest rates during the second half of this […]

The price of Bitcoin has fallen below $6,500 to reach its lowest level since Feb. 6. That was a day when it found significant support from around the $6000 mark which led to an eventual recovery to almost $12000 later on in the month. But it doesn’t feel like such a sudden rally will be

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 Tuesday, June 12, 2018. …read more From:: Resource Investor

While the markets await the outcome from the Fed meeting and oil traders fret about whether OPEC and non-OPEC might raise production, as well as the weekly supply report, the biggest threat to the price of crude oil and the global economy may be the lack of spare oil production capacity. Reuters reports that global

Corn (December) Yesterday’s Close (Monday, June 11): December corn futures finished yesterday’s session down 9 ¾ cents, trading in a range of 11 ½ cents. Funds were estimated sellers of 34,000 corn contracts for the day. …read more From:: Resource Investor

As we reported earlier, the U.S. dollar/Japanese yen (USD/JPY) currency pair could be poised for a bullish breakout potentially after the Federal Reserve almost certainly raises interest rates tomorrow. We anticipate that the FOMC may prepare the market for two further rate increases this year, thanks to recent improvement in economic conditions and rising consumer

Many economists and mathematicians will remind you that deficits matter. Though I am not talking about budget deficits or trade deficits right now, but the global oil market supply and demand deficit. …read more From:: Resource Investor

This is the biggest week of the year and the euro started off on solid footing. It is still having difficulty getting through technical resistance but firm comments from Italian Finance Minister that they will not leave the Euro were supportive. …read more From:: Resource Investor

It’s been a very interesting morning for financial markets, although the response in financial markets has been relatively muted under the circumstances. …read more From:: Resource Investor

Much was made of U.S. President Donald Trump’s historic summit with North Korean leader Kim Jong Un but in the end there was no fireworks and it turned out to be a bit of a damp squib. …read more From:: Resource Investor