Brent Near $108 With Tension In Israel In Focus
Brent crude oil (BNO, quote) declined on Monday as tension in Gaza cooled off following a difficult to achieve humanitarian agreement between Hamas and Israeli forces.
Emerging Markets
JD.com to sell Microsoft’s Xbox One in China
JD.com Inc, China’s (FXI, quote) second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp’s (MSFT, quote) Xbox One games console in China from July 28 to July 30, the firm said on Monday.
Trade Alert – New Position – SBUX
Option Alert Service Signal New Trade Suggestion
Trade Alert – New Position – SBUX
Option Alert Service Signal New Trade Suggestion
Brent Steady After Strong Chinese Data
Brent crude oil (BNO, quote) traded near $108 on Thursday morning after unexpectedly strong Chinese data suggested rising global demand.
HSBC Flash China Manufacturing Purchasing Managers’ Hits 18 Month High
Overnight the HSBC Flash China Manufacturing Purchasing Managers’ Index hits 18 month high. The survey indicates high demand for manufacturing domestically as well as internationally.
PBOC to Use New Tools for Liquidity Operations
The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, said Zhu Haibin, chief China economist at JPMorgan Chase & Co (JPM, quote).
Positions Update
Happy Friday Everyday This week we saw a nice swing up in the beginning of the week and then downward on global tension in Israel and concerns over the tragedy of the downed plane in the Ukraine. Our prayers and thoughts are with those families effected by this horrible tragedy.
China Premier GDP growth of 7.5% in range
Chinese Premier Li Keqiang has reiterated “quality” as the mainspring of China’s growth, saying that quality growth, whether slightly higher or lower than 7.5 percent, will be acceptable.
Trade Alert – New Position – BIDU
Option Alert Service Signal New Trade Suggestion