Dowzones live , Halfway into earnings season, company profits head for worst fall since 2009 With 55% of S&P 500 companies reporting earnings thus far , company profits are headed for worst fall since 2009. For the primary quarter of 2020 to May Day , the blended earnings decline for the S&P 500 is 13.7%, consistent with FactSet. “If -13.7% is…
CRUDE OIL PRICES LOWER DUE TO OVERSUPPLY
Crude oil Prices open Lower in Asia Morning Trade because of Oversupply production of Opec & Non Opec Countries. In Early Trade ,Brent CRUDE is 3.57% Down & WTI CRUDE Down by 7% ,As OPEC+ countries agreed 10 Million Barrel Cut Daily in April which comes effect from this friday.…
RUSSIAN CRUDE OIL OUTPUT ON 11.45 MILLION BPD IN APRIL MONTH.
Russion Crude Oil Output raised by 11.45 Million Bpd per Day in April Month. Russia in output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March. Interfax reported on Saturday, before it makes cuts this month under a global supply.…
Commodity trading in India: Basics
Commodity market trading in India: Basics ,A commodity is a group of assets that are important in everyday life, such as food, energy or metals etc. A commodity is alternate and exchangeable by nature. It can be categorized as every kind of movable good that can be bought and sold,…
Crude oil Expected to trade deep in 2020,even after lockdowns ease.
Crude oil Expected to trade deep in 2020,even after lockdowns ease. Oil prices are headed further falls this year even as countries ease restrictions related to the coronavirus crisis. while output cuts by top producers will do little to fix a supply Glut. The survey of 45 analysts forecast Brent…
Crude Oil Prices Rises in Early Trade.
Crude Oil Prices Rises in Early Trade., on thursday Morning In asia. Crude oil is in Green Because USA Crude oil glut is not growing as expected. West Texas Intermediate (WTI) Crude Oil futures climbed to a high of $16.25 a barrel and were up 7.2%, or $1.08, at $16.14…
Dowzones live now 400 points Plus in opening on hopes of coronavirus Treatment
Dowzones live Stocks Jumps on wednesday Market on Hopes of Treatment On Corona Virus. while its sharp Drop in USA Economy. The Dowzones Industrail average Sharp Traded plus 400 points or 1.75% Higher, S&P Gained 2%, While NASDAQ Traded sharp 2% Higher. Fed announcement looms All eyes will be on…
