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The chart below shows the monthly prices for the past three years on the S&P 500 index ($SPX) after the index closed the week at 2,044.81 on January 9, 2015. secured business credit When stocks hit a volatile period and fear starts to consume investors, charting a multi-year view of the major … Read entire story.
Source: My Trader’s Journal
The first quarterly earnings reports since the collapse of oil prices are in and the numbers show a significant deterioration in profits for the oil majors. Royal Dutch Shell went first on January 29, revealing a big jump from the same quarter a year ago, but down from the third quarter …
Ukraine launched a new massive wave of drone attacks Sunday as Russians cast ballots on the final day of a presidential vote set to extend President Vladimir Putin‘s rule for another six years. The Russian Defense Ministry reported downing 35 Ukrainian drones overnight, including four in the Moscow region. Moscow Mayor Sergei Sobyanin said a […]
The completely unexpected decision of the Swiss National Bank (SNB) to remove the 1.20 floor on the Swiss franc against the euro on Thursday was one of the biggest currency shocks since the collapse of the Bretton Woods system in 1971. The decision has been heavily criticised, both for its tactical handling …