Written by Gary
U.S. stocks ended in the green on slight gains in a quiet session this afternoon, giving investors a break after four straight days of losses. The price of oil slipped dramatically this afternoon following a big gain yesterday, when traders worried that the escalating conflict in the Middle East would affect the flow of crude from the region.
Oil futures, posting a decline for the first time in six sessions and totally wiping out yesterday"s gains, but still gained about 5% for the week. Prices have dropped as investors have become less worried about the conflict in Yemen.
By 4 pm the afternoon trading had been sideways in a very narrow region on low volume suggesting investors are once again waiting for Mr. Market to give them a clue as to market direction.
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Well, these are uncomfortable. And hilarious.
Infographic Of The Day: Brits Are MAD About Their Pets!
We all know that British people are fanatical about their pets, but are they going a bit too far?
FOREX NEWS by DailyForex
The latest Markit composite Purchasing Managers’ Index (PMI) for the Eurozone suggests that business output in the 19 member bloc is growing at its fastest rate for almost four years.
A growing crisis in Yemen has fueled concerns that the Middle East is on the verge of becoming a powder keg for geopolitical tensions which has sent investors rushing to safe haven currencies like the Japanese Yen and the Swiss Franc.
Brent crude oil price surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen. Asian importers, however, said they were not immediately worried about supply disruptions.
The latest set of data from the UK’s Office for National Statistics shows that prices in February, as determined by the Consumer Price Index (CPI), have remained unchanged from where they stood twelve months previously.
The ECB’s quantitative easing program, which had initially kept the pressure on the Euro, seems to have provided a lift in sentiment among the Eurozone’s business community.
27Mar2015 Market Update: Markets Start Afternoon Session In The Green, U.S. Dollar Off Highs, WTI Oil Trending Down
by Ellen Brown, Web of Debt
In California"s epic drought, wars over water rights continue, while innovative alternatives for increasing the available water supply go untapped.
Written by Gary
Oil prices were lower, a day after a sharp increase related to worries about supply amid conflict in the Middle East. As the afternoon session begins both the US dollar and the oils have started to trade sideways a trend ever-so-slightly downward.
The averages are in the green after a morning of choppiness that left them in the red for much of the time.
27Mar2015 Pre-Market Commentary: Markets Expected To Open Lower, Oil Prices Falling, U.S. Dollar Res
26Mar2015 Market Close: Markets Closed Down In The Red, War In Yemen Continues, Oil And U.S Dollar R
from Sentier Research
According to new data derived from the monthly Current Population Survey (CPS), median annual household income in February 2015 was $54,510, not significantly different than the January 2015 median of $54,450. (The apparent month-to-month increase of $60 was not statistically significant.