Oil prices rose on the back of rising expectations that the OPEC meeting scheduled for next week will allow the cartel to prolong cuts to oil production currently in place.

Market View; World Stock Indexes; Trading Journal

The week of Thanksgiving is usually favorable to stock markets. In fact, since 1945, the S&P ended that week up in 75% of that period, with an average valuation of 0.64%. Interestingly, in the years that the S&P has accumulated gains over 10% (as in ...

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At the sectoral level, the oil stocks could be one of the highlights of the session. Yesterday, DJStoxx Oil & Gas suffered sharp losses after the Norwegian sovereign fund informed it would withdraw its oil stocks from its benchmark. Norge Bank is ...

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The Fed announced they are ready to move in December with one rate hike and they did announce it beforehand so that it wouldn't be a surprise to the market environment.

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Oil declined after the International Energy Agency cut its oil demand projections to 2017 and 2018. These projections slightly cool the positive sentiment that was being built around it but also serves as a justification for several investors to ...

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Mario Draghi will be present today at an important forum organized by the ECB, which will also include the Governor of the Bank of England, the Governor of the Bank of Japan and the Governor of the FED Charles Evans. Mario Draghi's intervention is ...

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European stock markets ended lower, with most sectors reporting this behavior. The financial sector was among the worst performers, with investors worried about US tax reform. In Paris, EDF depreciated, after lowering the estimates of results and ...

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Last Friday European markets resumed trading under selling pressure. The bottom line of this downward movement is more about more technical factors (the profit taking after strong gains in recent weeks) than on macro or microeconomic issues.

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In US the budget committee warned that the proposed Republican tax reform would increase the public deficit by more than 300,000 M.USD than estimated by this proposal. Accordingly, the deficit threshold approved by the Senate (1 500 000 000 M.USD) ...

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With the economy expanding to 3% and with interest rates at low levels, many companies are tempted to expand through mergers. With funding rates at historically low levels, a merger or acquisition may be the fastest route for a company to increase ...

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In a scenario of a slowdown in the release of corporate results, some stocks renewed new highs, even though stock indexes kept fluctuating.

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The positive trend on Wall Street continued at the beginning of the week as the end of the earnings season approached. Broadcom has officially launched the takeover bid for Qualcomm, which is the largest technology operation ever, valued at 103,000 ...

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Dow Jones Industrial Average is holding above the 10-week moving average that should provide a good dynamic support for next week. Expecting a downward move to a Fibonacci retracement at 22,650 on a break below the previous week low at 23,201 ...

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After yesterday’s strong valuation of the DAX, we could see some profit taking by some investors of very short term, the so-called fast money.

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The recovery of the Euro Zone economy continues to gain momentum. The Euro Zone grew 2.5% in the third quarter of this year compared to the same period in 2016, the strongest pace since the start of 2011. This result allows the euro countries to ...

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With respect to the domestic market, the Commerce Department reported that the US economy grew 3% in the third quarter, surpassing economists’ forecasts of 2.50%. If we exclude the “inventories” effect, GDP grew by 2.30%.

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One factor that has supported the European stocks, especially the more cyclical ones, has been the retreat of the Euro. Technically, the main support of the European currency is located in the 1.1470 area. However, if the Euro starts trading above ...

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The ECB’s decision fell within the expectations already outlined in the preview of this event. In summary, the ECB will: • Reduce, from January onward, the monthly purchases of 60 000 M. € to 30 000 M. €. • The asset acquisition program will run ...

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Yesterday US markets had their worst performance since early September. This nicely describes the period of weak volatility markets are experiencing: the worst S&P performance since September 5 is a mere 0.47% drop. In a first view, we may be ...

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Asian markets closed mostly with contained gains. The only exception was the Nikkei that ended with reduced devaluations, disrupting a series of 16 consecutive positive sessions, something which never occurred before. In fact, the previous record ...

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