Oil Prices at Their Highest Since March Amid Expectation of Output-Cut Extension
Oil prices moved higher with Brent Oil rising above $60 per barrel on Friday after the bullish comments by Saudi Arabia Crown Prince...
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Trade Magnates Team
Oct 24, 20171 min read
USD Reaches Near Two-Week Highs Against Major Currencies
The dollar was trading near two-week highs against the other major currencies on Tuesday as speculation over who will be the next the...
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Trade Magnates Team
Oct 23, 20171 min read
Wall Street and World Stocks at Record High After Abe's Win
Trade Magnates - Wall Street indexes has had a strong run at record levels on Monday following Japanese Prime Minister Shinzo Abe’s win...
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Trade Magnates Team
Oct 23, 20171 min read
Dollar Up Against Majors Amid Hopes of a Tax Reform
Trade Magnates - U.S. dollar is keeping the strength at the beginning of the trading week with the EURUSD at around 1.1731 level. The...
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Trade Magnates Team
Oct 20, 20171 min read
Gold Prices Fell on Friday While U.S. Dollar is on the Rise.
Trade Magnates - Gold is weaker declining from the up move we have seen on Thursday and now trading at 1285$ range. The down move is...
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Trade Magnates Team
Oct 20, 20171 min read
U.S. Dollar Rose Higher Against The Majors
Trade Magnates -U.S. Dollar rose higher against the majors on Friday on hopes for a major U.S. tax reform and next head of Federal...
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Trade Magnates Team
Oct 19, 20171 min read
Gold Still Lower Than 1290$/oz
Trade Magnates -Gold is recovering after three days in a row of daily pullbacks trading on Thursday at around 1290$ ounce troy. With the...
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Trade Magnates Team
Oct 19, 20171 min read
Oil Prices Trading On A High Note Amid Market Re-balancing Expectations
Trade Magnates -On Thursday, Crude oil is trading at its highest level in three weeks in a prominent indication of a market rebalance...
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Trade Magnates Team
Oct 18, 20171 min read
Stocks Breaking Record High - Dow Reaches 23,000 Milestone
Trade Magnates -U.S. futures point for record highs with the Dow above 23,000 milestone for the first time. The sold earning results have...
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Trade Magnates Team
Oct 18, 20171 min read
US & European Futures on Up Note
Trade Magnates -Third quarter earnings results move the US futures up on Wednesday. Dow futures increased around 50 points, S&P500...
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Trade Magnates Team
Oct 17, 20171 min read
Gold Prices Dropped Below 1,300$ Amid Speculation of More Hawkish Next Head of Fed Reserve
Trade Magnates -Gold prices dropped today below key level at 1,300$ increasing speculation to the next head of the Federal Reserve will...
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Trade Magnates Team
Oct 16, 20171 min read
Major U.S. Equity Indexes Closed The Day at Records High
Trade Magnates -Major U.S. equity indexes closed the day at records high after starting of slow earlier in the day. JP Morgan and Bank of...
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Trade Magnates Team
Oct 16, 20171 min read
Oil Above 52$ - Iraqi Troops Seize Parts of Kurdish Oil
Trade Magnates -Crude futures rose up to 52$ after President Trump refused to certify that Iran is complying with its nuclear accord in...
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Trade Magnates Team
Oct 9, 20172 min read
Slow Week, FOMC Minutes On The Spotlight
Trade Magnates -The week ahead starts off on a slow note with US, Canada and Japan trading floors are closed because of bank holidays....
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