April 2015

Crude Retreats After Saudi Price Hike To Asia

Crude prices bounced back after Saudi Arabia raised prices for crude sales to Asia for a second straight month after Thursday’s preliminary agreement between Iran and the global powers on the nation’s nuclear program.

Prices for the North American West Texas Intermediate (WTI) crude for May delivery traded $1.83 higher to $50.97 per barrel on the New York Mercantile Exchange at the time of writing. The European benchmark Brent crude for May settlement edged $1.95 higher to $56.90 a barrel on the London-based ICE Futures Europe exchange.  Read more

Stock Markets Report 6th April

Asia Stocks

Stocks in the Asian region were seen trading mixed by Friday’s US Jobs report spurring speculations that the US Federal Reserve would raise interest rates sooner than expected. Meanwhile, the Japanese yen dragged the nation’s exporters lower.

Tokyo’s Topix index slid 0.2% to 1,560.71, while the benchmark Nikkei 225 Stock average retreated 0.2% to 19,397.98 at the time of writing. The Japanese yen strengthened against the greenback, trading around 119.03 per dollar.  Read more

Dollar Enjoys Gains as Euro Slumps Again

While tension in the Middle East affected oil prices last week, growing concern regarding Greece’s financial stability recently caused international currency markets to fluctuate significantly. As the U.S. economy continues to show signs of strengthening, and consumer confidence levels keep trending upward, now is an opportune time for investors to once again get involved with online trading.  Read more