Trading the News: European Central Bank (ECB) Interest Rate Decision The European Central Bank (ECB) interest rate decision may fail to generate a meaningful market reaction as the Governing Council is widely anticipated to retain the zero-interest rate policy (ZIRP) in June, but the fresh batch of central bank rhetoric may drag on EUR/USD should President Mario Draghi and Co. keep the door open to implement more non-standard measures. What’s Expected: ...
Australia posted a seasonally adjusted merchandise trade deficit of A$1.579 million in April, the Australian Bureau of Statistics said on Thursday - marking a decrease of 20 percent on the deficit in March. more...
Rodney Atkins is set to host the sixth annual Music City Gives Back benefit concert. The country singer will be performing at the event along with Dustin Lynch, Craig Campbell, Lanco and Canaan Smith. "This is hands-down one of my favorite events to do every year," Atkins says in a press release. more...
Tim Cook has spent the last week traveling to China first and the last 4 days visiting Bombay, Kanpur, Hyderabad and New Delhi In India. In China, Tim Cook met with the hugely important Ministry of Industry and Information Technology chief, Miao Wei, early last week in addition to meeting with local startups. There was not much in the form of news that came out of that meeting except the Ministry released a statement that it hopes that ...
WTI Crude Oil Price came within a whisper of the 2016 high on Tuesday after hitting $50.10 in mid-morning trading ahead of July Contract expiration. Regardless of recent force, the CL1 June contract has seen a May price range of ~14% (43.03-50.21) that may be slowing down but does not appear done. After being the laughing stock of markets, Oil Bulls are looking at the longest run of gains in five years as they look to add another month ...
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