August 2016

USDX is still capped by the resistance level of 96.14, where the sellers are actively trying to push the index lower towards the 95.79 level. A bullish attempt to break that resistance zone should open the doors to reach the 96.49 level, where the inde…

Read More

Major U.S. stock-indexes extended losses on Wednesday, the last trading day of August, as lower oil prices weighed on energy stocks. Oil prices fell more 3% after U.S. government data showed a large unexpected weekly build in U.S. crude and distilla…

Read More

Polish equity market closed lower on Wednesday. The broad market measure, the WIG index, lost 0.11%. From a sector perspective, utilities (+1.16%) recorded the biggest gains, while chemicals (-1.21%) lagged behind. The large-cap stocks’ measure, the …

Read More

Gold price dropped to a 2-month low, move caused by data on the US labor market, which reinforce the arguments in favor of Fed rate hike this year. The report from Automatic Data Processing (ADP) showed that employment growth in the private sector o…

Read More