“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. During the Super Bowl earlier this year, the American […]
Indian Share Markets Erase Gains; Telecom Stocks Plunge As RIL Unveils JioPhone
After opening the day marginally higher, the share markets in India are currently trading below the dotted line. Sectoral indices are trading mixed with stocks in the information technology sector & consumer durables sector leading the gains. While, realty stocks and metal stocks are trading in red. The BSE Sensex is trading lower by 65 points (down 0.2%) while the NSE Nifty is trading lower by 24 points (down […]
China’s Currency Manipulation: Why It Isn’t A Threat To The Rest Of World
by The Indian Economist — this post authored by Rodrigo Zeidan, NYU Shanghai US President Donald Trump was right to accuse China of manipulating its currency –before changing his mind. The same charge, however, could have been levelled from anywhere in the world. Whether directly or indirectly, every country manipulates its money to a […]
5 Stocks To Buy As Housing Starts Hit 4-Month High
U.S. housing starts turned the corner in June, rebounding from a three month long slump. Ground was broken on new homes at the sharpest annual rate recorded over four months. Surely, Wednesday’s report on housing from the Department of Commerce will a long way toward restoring confidence in a sector that has had more than […]
EUR/USD Getting Closer To The 2015 High – Time To Look Higher
Draghi’s unconvincing dovishness and Mueller’s deeper dive into Donald Trump’s dealings are igniting another round of EUR/USD buying. The world’s most popular currency pair is on the move again, topping yesterday’s high of 1.1656 and hitting a new peak at 1.1676. The 2016 high of 1.1620 is clearly broken after this second move. And the next level of […]
Metals On The Rise
Last time I posted an analysis for Gold and Silver I said that I was bullish looking for higher levels. My daily analysis on Gold through my partnership with InstaForex can be found here. I’ve been bullish Gold since early July when prices entered the 1220-1200$ price range. I was expecting a bounce at least towards $1,260 while […]
Friday, July 21 – Lookback
Event: China Gross Domestic Product (Q2) Date: Monday 17 July 2017 at 02:00 GMT Markets affected: CNY /USD Trending hashtags: #cny, #gdp China’s GDP came in 1% better than expectations as the world’s second largest economy continued to outpace forecasts for the last 18 months. China’s economy grew 6.9% for Q2 hitting Beijing’s target of […]
Chart: Fintech Is In The Eye Of The Beholder
INANCE PROFESSIONALS HAVE VERY DIFFERENT PERSPECTIVES The Chart of the Week is a weekly Visual Capitalist feature on Fridays. The development of new technology in the financial sector is happening at a breakneck speed. Between the emergence of the blockchain, AI, robo-advisors, regtech, payment and loan services, and many other examples of technological progress, there are many ideas […]
NZ Dollar Revels In Fading Fed Rate Hike Bets As Aussie Sinks
The Australian Dollar plunged after RBA Deputy Governor Guy Debelle poured cold water on hopes for a more hawkish policy stance. The central bank said it believes the so-called “neutral” policy rate – a setting that is neither loose nor tight – is now above 3 percent. That makes the current official cash rate of 1.5 percent decidedly […]
Sensex Trades Marginally Higher; IT Stocks Witness Buying
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the IT sector and energy sector witnessing maximum buying interest. Telecom stocks are trading in the red. The BSE Sensex is trading up 122 points (up 0.4%) and the NSE Nifty is trading up 35 points (up 0.4%). The BSE Mid Cap index is trading up by 0.3%, […]
