Just one day after European stocks had a big rally, prices fell down back to normal levels after rumors of the European Central Bank cutting bank on their quantitative easing policy. The Stoxx 600 dropped by about 0.5 percent on Wednesday, October 5th,…
There has been a lot of talk and deliberation over whether or not the UK will leave the European Union or not. The so-called “Brexit” has the potential to be very damaging to European stocks, and as discussion heats up this summer, we…
Now that oil is rising in price, it is only a matter of time before the energy stocks start to see gains, right? Unfortunately for traders, it’s not quite this easy, especially for U.S. based traders. For starters, energy stocks are still losing…
The FANG stocks have been getting all of the attention for over a year now. At first, it was because they represented a new breed of tech stocks, and they were separating themselves from the field when it came to profits. Now, it’s…
The International Monetary Fund has what is called special drawing rights, and it is comprised of a huge fund comprised of the U.S. dollar, the euro, the Japanese yen, and the British pound sterling. China, despite being the second largest economy in the…