Ukrainian Globalist

Bank of America Corporation (NYSE: BAC) moved down 14 points yesterday. Bank of America Corp. up 13.99 points, losing -0.20 (-1.41%). U.S. economic data disappointed investors. The DJIA declined throughout the second half of the trading session yesterday. Dow Jones Industrial Average losses could be greater, but the bulls to support the market in the last minute. Thus, the volume of orders for durable goods in the U.S. in June decreased by 1,0%. This was reported in U.S. Department of Commerce.

(more…)

Currency exchange rates upset USD bulls today. Euro has risen in price to $ 1.256 from $ 1.251 on Thursday. The number of jobs outside agriculture in the USA in June fell by 125 thousand, while analysts believed that the decrease in amount of 110 thousand unemployment rate fell to 9,5%. USD goes weaker, as euro climbs. In the U.S., the volume of industrial orders in May of this year decreased by 1,4% compared with April.

(more…)

Oil prices fell under pressure from published economic data. The August futures for delivery of petroleum of mark WTI have fallen by 1,1% to $ 72.14 per barrel. Last week, oil fell by 8,5%. Economic data from the U.S. proved to be controversial, but the expected market report on employment was a lot of negatives.

(more…)

Gold prices rose on a background of low trading volumes in the run-up to long weekend in the U.S. in the last day of the trading week. At the same time, gold prices have fallen in India and in China today. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have increased by 0,4% to $ 1,207.70 per troy ounce. Last week, gold has fallen in price by 4%.The July futures for the supply of silver fell $ 0.07 to $ 17.72 per ounce. September futures for delivery of copper have fallen in price on 1,4% to $ 2.92 per pound.

(more…)

DJIA completed next week with losses. Dow Jones Industrial Average was unable to recover by the end of the trading session on Friday, losing -0.47% per day. Trading in U.S. stock indices ended lower. Players for a long time analyzing conflicting economic data, which led to volatility in the auction. Last week the indices suffered heavy losses, as the gold prices decreased.

(more…)

Who needs a weak yuan? What will the exchange rate between the dollar? Technology companies deftly move production around the world only to find the most favorable conditions for himself. Apparently, now they have to make the next leap forward in this direction. Bank of China on Saturday announced that he intends to continue the reform of exchange rate policy and increase the flexibility of RMB exchange rate. In a statement posted on the bank’s Web site states that the established boundaries of fluctuations yuan (0,5% per day) remain unchanged. At the same time the Central Bank intends “to focus on the reflection of market demand, taking into account a basket of currencies”.

(more…)