August 9th – 13th Quick Review/Preview: Stocks, Commodities, Forex

Source: www.benzinga.com

Key US Events: FOMC Policy Statement: FOMC Policy Statement, Retail Sales, a $74 billion refunding, auctioning three-, 10- and 30-year securities. ...See all stories on this topic »


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  • Pioneer Natural Acquires Carmeuse Industrial Sands Unit For $297 Million (PXD).mp4

    Pioneer Natural (NYSE:PXD) announced that it was acquiring Carmeuse Industrial Sands unit in a deal valued at $297 million.Pioneer Natural expects...

  • Just what the euro needs…

    An Icelandic central bankers says that Iceland will join the euro zone in the near future. Just what the euro needs, another insolvent country with a financial sector that has suffered an epic implosion. Iceland would have to go through a draw-out process well before it could join the euro zone, I...

  • Foreign exchange trading is not cause and effect trading

    I`ve tried to explain this type of thing many times - i think there is not an 100% correct answer because if there was, we all would trade the same way. The bottom line is foreign exchange trading is not cause and effect trading. Currencies lead and lag and relationships sometimes heavily correlate...

  • Peruvian Central Bank Holds Rate at 4.25%

    The Central Reserve Bank of Peru held its monetary policy reference rate unchanged at 4.25%.  The Bank said: “This...

  • Cable trader of the year is…….

    The Bank for International Settlements, better known as the BIS. Having scooped up cable below 1.6400 yesterday around 1.6375, they apparently sold into the earlier rally around the highs. At least a 2 big figure profit. Nice work if you can get...