Crude oil prices were unable to gain traction despite robust fundamental news that saw crude oil inventories decline more than expected. Both the American Petroleum Institute and the Energy Information Administration reported unexpectedly large declines in stocks. Demand continues to remain robust, especially for distillate such as diesel and heating oil. While it appears that the Saudi plan to reduce exports to the United States, the fundamental are having a difficult time lifting crude oil prices.
On Tuesday, the American Petroleum Institute reported that U.S. crude inventories declined... Read More
With increasing popularity of Forex trading, there is various tools and software that traders are using nowadays. It is not easy to take part and stay updated with Forex rates in the ever changing global market using the conventional methods.
Luckily there is software that is built specifically to help the traders to invest and sell as and when they want. One of the common software of the current time is the Metatrader 4.
It connects the market to your account which allows you to trade from anywhere. The platform is meant to sell in multiple markets at the same time and is hence... Read More
Before you jump down to understanding investment in Forex you must first understand what Forex is and how it works.
Forex is short for foreign exchange, it is a trade where currencies of different countries are traded i.e. bought and sold and at times exchanged for the purpose of trade and commerce. Due to inter-country trade it is important for business entities to have ready exchangeable currency to carry out the trade.
Sure that you know, currencies are listed on Forex against one another like US$ against ?, and so on. The difference in currency exchange is what is important... Read More
E-commerce is a fast-growing trend across the globe. Many people are earning thousands of dollars every month through ecommerce. If you are reading this, you probably are interested in ecommerce but have limited information on how it works. Before learning how ecommerce works, it is important to learn its true definition. What is ecommerce? E-commerce refers to all transactions conducted via the internet.
The transactions include buying and selling digital and physical products. Digital products include software, tutorials, and mobile apps among other products. If you have purchased... Read More
Consumer spending fell for the third consecutive month during July, as customers slashed the amount spent on clothes, cars and foreign travel and rising inflation began to bite. July saw a decline of 0.8%, with households beginning to feel the pinch of rising inflation and economic uncertainty.
This is also effecting businesses, who may need to regulate their own spending in order to maintain a profit in a challenging climate.
With this in mind, regular audits can provide an excellent way of reviewing and controlling your commercial spending.
Here are three ways in which... Read More
Trading has become a widespread popular activity, with millions of people across the planet investing money in various assets of their choosing, with the aim of making a profit when their value rises. Every market is different, from stocks and shares to precious metals, and so each requires a different trading strategy.
Here are some of the necessary steps to take if you wish to invest in the markets.
Choose a Broker
The first thing you should focus on before you have even begun to look at trading is choosing an online trading broker. They are responsible for executing... Read More
Every trader is always of the notion of achieving positive outcomes from their trades with little efforts and fewer expenses. They also want to avoid mistakes and which make them rely on other people's success to determine theirs. Traders buy this idea to determine their success in the market. In the process of trying to manage their money, they will feel reluctant to get premium signals for their trades hoping to get profits without any expenditure. But the reality is that good free services are hard to come by, and Fx trading is no exception. For the fact that, you were eventually able to... Read More
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