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  • Calendar event / Yesterday at 20:30 GMT

    US API Weekly Statistical Bulletin

    Med Crude Stocks, Net Chg (Bbls)
    Med Gasoline Stocks, Net Chg (Bbls)
    Med Distillate Stocks, Net Chg (Bbls)
  • Article / Yesterday at 12:30 GMT

    Economics trumps politics in FX

    Head of Trading / The ECU Group plc
    United Kingdom
    Economics trumps politics in FX
    Today we look at the major events of the week, namely the Q2 GDP releases for the US and UK and the FOMC meeting, and share our expectations for the events and implications for currency markets.
    Read the article
  • 12h
    Warren Buffet007 Warren Buffet007
    Therein Lies The Opportunity Look, the world runs on oil, period. Virtually everything is petroleum-based, from the obvious gasoline products to home furnishings and even food supply....
    Nadia Kazakova Nadia Kazakova
    Agree, the oil price is about demand and supply, and the oil prices should theoretically reflect that. It is hard to see, though, where the spike...
    thewickedwiz thewickedwiz
    The USD is strong against emerging markets.
    Russia is basically an emerging market with heavy firepower.
    USD can go to 80 against Rubel and it is not because of...
  • 16h
    Biggest Loser Biggest Loser
    you are star Stephen
  • Editor’s Picks / Yesterday at 6:48 GMT

    BP profit drops 64% as oil price slump takes its toll

    BP said Q2 profit tumbled 64% as crude prices slumped. Profit adjusted for one-time items and inventory changes dropped to $1.3 billion from $3.6 billion a year earlier, the London-based company said in a statement. That missed the $1.7 billion average estimate of 17 analysts surveyed by Bloomberg. CEO Bob Dudley is bracing Europe’s third-biggest oil producer for a longer period of low prices by slashing spending, reviewing projects and selling assets. Brent crude, a benchmark for more than half the world’s oil, has dropped about 50% in the past year. That’s eroded value and forced companies to reduce investment in high-cost projects. It has also put investors on guard for a steep decline in profitability. Royal Dutch Shell, Total, Exxon Mobil and Chevron are all scheduled to report second-quarter earnings this week. Lower prices are making it cheaper for refineries to buy their basic raw material - crude oil.
    Read article on Bloomberg
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  • Article / Yesterday at 6:42 GMT

    Saxo Trade Navigator: Tuesday July 28

    Head of Macro Strategy / Saxo Bank
    Saxo Trade Navigator: Tuesday July 28
    July 28, 2015: The Saxo Trade Navigator provides you with daily technical insight into a wide array of major instruments, ranging from FX to equities, commodities and bonds. With a host of various technical indicators such as pivot points, RSI and moving averages, the Saxo Trade Navigator can be used to spot daily trade ideas.
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