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Buz Investors Oil pushes higher on worries The commodity is trading at $53.74 per barrel at 10:40 GMT this morning, 0.19% higher from the New York close. Crude oil witnessed a high of $54.05 Energy 

Oil prices continued to fall on Thursday

Oil prices continued to fall on Thursday Oil Buz Investors Oil prices continued to fall The commodity is trading at $49.37 per barrel at 10:40 GMT this morning, 1.65% lower from the New York close. Crude oil witnessed a high of $50.84 per barrel and a low of $49.20 per barrel during the session. In the New York session yesterday, crude oil plummeted 4.53% to close at $50.20 per barrel, after the EIA disclosed that US crude stockpiles jumped by 8.21 million barrels to 528.4 million barrels last week. Immediate…

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Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust commodities 

$XAGUSD Silver decreased 0.05 USD Thursday March 2

Silver decreased 0.05 USD Thursday March 2 Silver Buz Investors Silver decreased 0.05 USD The precious metal is trading at $18.40 per ounce at 10:40 GMT this morning, 0.33% lower from the New York close. During the session, silver traded at a high of $18.48 per ounce and a low of $18.39 per ounce. In the New York session yesterday, silver rose 0.63% and closed at $18.46 per ounce, tracking gains in gold prices. Immediate downside, the first support level is seen at $18.30 per ounce, while on the upside, the first…

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Oil prices fell to three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil was down 50 cents at $42.97 a barrel by 1010 GMT, after touching $42.88, its lowest since April 20. U.S. light crude was down 20 cents at $41.72. U.S. government data on Wednesday revealed a surprise rise in crude and gasoline inventories. The build added to an already huge global refined product glut just as slowing economic growth dents the demand outlook. "U.S. commercial stocks are a good reflection of the oversupplied nature of the global oil market," said Tamas Varga, lead oil analyst at London brokerage PVM Oil Associates. Oil markets have been dogged by oversupply for the last two years and fell by as much as 70 percent between 2014 and early 2016, when Brent hit the lowest in more than a decade at around $27 per barrel. Markets have since recovered some ground but oil remains very weak and low refining margins are hurting energy companies. Energy major Royal Dutch Shell reported a more than 70 percent fall in quarterly profit on Thursday, well below analysts' estimates, as weak oil and gas prices further ate into revenue. Shell's net income came in at $1 billion in the second quarter, compared with expectations of $2.2 billion and $3.8 billion achieved in the same period last year. Market Trends 

Brent crude oil Thursday March 2

Brent crude oil  Thursday March 2 Oil Buz Investors Brent crude oil  Thursday  The commodity is trading at $53.38 per barrel at 10:40 GMT this morning, 0.54% lower from the New York close. Crude oil witnessed a high of $53.78 per barrel and a low of $53.30 per barrel during the session. In the New York session yesterday, crude oil fell 0.96% to close at $53.67 per barrel, after the EIA reported that US crude oil stockpiles increased by 1.5 million barrels to 520.2 million barrels last week, advancing for an…

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Buz Investors Gap Stock Went Crazy (NYSE:GPS) stock had quite a dramatic day on Thursday. It first tumbled nearly four percent in the regular trading session. Then, in after-hours trading, GAP stock surged more than 10%. Let’s take a look at why. Dividend Stocks 

$GPS Here’s Why Gap Stock Went Crazy On Thursday

Gap Inc: Here’s Why Gap Stock Went Crazy On Thursday The Buz on Dividends Buz Investors Gap Stock Went Crazy  (NYSE:GPS) stock had quite a dramatic day on Thursday. It first tumbled nearly four percent in the regular trading session. Then, in after-hours trading, GAP stock surged more than 10%. Let’s take a look at why. The company reported holiday sales results. For the November and December 2016 holiday season, Gap’s net sales increased one percent year-over-year, while comparable sales were up two percent. (Source: “Gap Inc. Reports Holiday Sales…

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GBPUSD Pound Jumps to 1.25, Markets Eye Autumn Market Trends 

GBPUSD considerable gains on Thursday

GBPUSD considerable gains on Thursday GBP-USD Buz Investors GBPUSD considerable gains The GBP is trading at  1.2384 against the USD at 10:40 GMT, 0.16% lower from the New York close. The Pound hit a high of 1.2455 and a low of 1.2373 against the US Dollar this morning. Yesterday, the Pound traded marginally higher against the US Dollar in the New York session and ended at 1.2404. Immediate downside, the first support level is seen at 1.2331, while on the upside, the first resistance level is situated at 1.2460. GBPUSD…

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Twitter Inc: Why TWTR Stock Tanked Thursday Market Trends 

Twitter Inc: Why TWTR Stock Tanked Thursday

Twitter Inc: Why TWTR Stock Tanked Thursday Buz Investors TWTR Stock Tanked (NYSE:TWTR) stock tumbled about 20% on Thursday to close the trading session at $19.87. Earlier on Wednesday, the shares had jumped over five percent on the back of favorable comments made by Salesforce.com Inc’s (NYSE:CRM) CEO Marc Benioff. It was also reported that the acquisition deal could close sooner rather than later. As the speculation continues, there does not seem to be an end to the wild swings in TWTR stock. TWTR Stock Tanked Will Twitter Get Acquired in 2016? TWTR…

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SCTY Stock: Why SolarCity Corp. Stock Crashed on Thursday Market Trends 

SCTY Stock: Why SolarCity Corp. Stock Crashed on Thursday

SCTY Stock: Why SolarCity Corp. Stock Crashed on Thursday SolarCity Corporation (NASDAQ:SCTY) was dragged into the spotlight this year when Elon Musk, the biggest holder of SCTY stock, made a move to acquire the company using his other firm, Tesla Motors Inc.(NASDAQ:TSLA). The proposed merger struck many observers as a transparent ploy to bail out SolarCity stock from a death spiral. Investors were growing skeptical that the rooftop solar provider could ever reach profitability. As a result, SCTY stock took a beating from the market. Tesla Motors came swooping in…

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Post-BoE GBPUSD Weakness to Persist; Downside Targets in Focus Forex News 

The GBPUSD pair rallied during the course of the session on Thursday

The GBPUSD pair rallied during the course of the session on Thursday GBP-USD  GBPUSD pair rallied At 09:40 GMT, the pair is trading at 1.3267, with the Pound trading marginally lower against US Dollar from the New York close. Data suggested that UK’s construction PMI rose more-than-expected in August. The pair witnessed a high of 1.3292 and a low of 1.3259 during the session. Yesterday, the Pound traded 0.2% higher against the US Dollar in the New York session and ended at 1.3274. Immediate downside, the first support level is…

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UK interest rates set to be cut by Bank of England on Thursday Market Trends 

UK interest rates set to be cut by Bank of England on Thursday

UK interest rates set to be cut by Bank of England on Thursday The Bank of England is expected to cut interest rates for the first time since the financial crisis this week and lower its UK growth forecasts by the biggest margin on record, in response to the uncertainty caused by the EU referendum result. The Bank’s monetary policy committee will announce a decision on Thursday, when the latest inflation report and growth forecasts will be published. If interest rates are cut, it will be the first time they…

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