Crude oil prices continue to rise due to USA vs. IRAN crisis

The price of oil together with silver, rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a whole lot of the world supplies the oil. Stock markets were broadly stable as investors monitored the outcome and ongoing trade talks between China and the U.S. to raise energy prices, snapping higher after U.S. President Donald said a U.S. warship intus had an Iranian drone, had something threatening. While Iran denied the incident, it is the latest incident to increase tensions and uncertainty in the region, in which oil tankers have been attacked or threatened. About 20% of the world’s oil trades through the Persian Gulf, leaving the investor aware of the potential for disruption-to-ship traffic. The U.S. benchmark for crude oil rose 71 cents, or 1.3%, to close at .56.01 a barrel in electronic trading on the New York Mercantile Exchange. Brent, the international oil standard, picked up 98 cents, or 1.6%, to .62.91 a barrel. Stock markets were mixed, with Britain’s FTSE 100 shedding 0.1% to 7,484 and the CAC 40 in Paris falling at the same rate at 5,543. In Germany, the DAX rose less than 0.1% to 12.236. Wall Street looked set for small gains, with the future for the Dow Jones Industrial Average up 0.2% and the future for the S&P 500 up 0.1%. “Reports” that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke with their Chinese counterparts, as planned, helped ease some concerns about deepening the trade war between Washington and Beijing. The Dead Point, about China’s long-standing trade surpluses and its policy aimed at building advanced high-tech industry has added concerns about slowing demand and weaker Chinese growth.

Expectations that the U.S. central bank is moving quickly to lower interest rates have also contributed to buoy an eye’s mood recently. Statement by the president of the Federal Reserve Bank of New York, John Williams, what central banks must “quickly act” if conditions turn negative, Wetzstein investors have appetite for the purchase, analysts said. “Investors are very sensitive to calm comments from Fed presidents these days as they try to figure out if the Fed would cut interest rates by 50 basis points by the end of this month,” Ipek Ozkardeskaya of London Capital Group said in a statement. Report. “Given that a 50-basis point cut would trigger another rally in global equities, any remark of calm nature immediately sits down in higher asset prices,” she said. In Asian trade, Japan’s Nikkei 225 index jumped 2%, including 21,466.99, while Hong Kong’s Hang Seng climbed 1.1% to 28,765.40. The Shanghai composite index rose 0.8% to 2,924.20, while South Korea’s Kospi added 1.4% to 2,094.36. India’s Sensex slipped 1.3% to 38,390.88. Shares rose in Taiwan and Southeast Asia. investors with a view to the earnings situation of the companies. So far, in the U.S., results have been mixed, though only about 13% of S&P 500 companies have reported, according to FactSet.

Analysts expect profits to fall 2.4% of the total by the time all reports are counted. In currencies, the dollar rose to 107.60 yen from 107.30 yen on Thursday.

The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a whole lot of the world supplies the oil. Stock markets were broadly stable as investors monitored the outcome and ongoing trade talks between China and the U.S. to raise energy prices, snapping higher after U.S. President Donald said a U.S. warship intus had an Iranian drone, had something threatening. While Iran denied the incident, it is the latest incident to increase tensions and uncertainty in the region, in which oil tankers have been attacked or threatened. About 20% of the world’s oil trades through the Persian Gulf, leaving the investor aware of the potential for disruption-to-ship traffic. The U.S. benchmark for crude oil rose 71 cents, or 1.3%, to close at .56.01 a barrel in electronic trading on the New York Mercantile Exchange. Brent, the international oil standard, picked up 98 cents, or 1.6%, to .62.91 a barrel.

Stock markets were mixed, with Britain’s FTSE 100 shedding 0.1% to 7,484 and the CAC 40 in Paris falling at the same rate at 5,543. In Germany, the DAX rose less than 0.1% to 12.236. Wall Street looked set for small gains, with the future for the Dow Jones Industrial Average up 0.2% and the future for the S&P 500 up 0.1%.

“Reports” that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke with their Chinese counterparts, as planned, to come with more talks, helped ease some concerns about deepening the trade war between Washington and Beijing.

The Dead Point, about China’s long-standing trade surpluses and its policy aimed at building advanced high-tech industry has added concerns about slowing demand and weaker Chinese growth. Expectations that the U.S. central bank is moving quickly to lower interest rates have also contributed to buoy an eye’s mood recently. Statement by the president of the Federal Reserve Bank of New York, John Williams, what central banks need to “quickly act” if conditions turn negative, Wetzstein investors have appetite for the purchase, analysts said. “Investors are very sensitive to quiet comments from Fed presidents these days as they try to figure out if the Fed would cut interest rates by 50 basis points by the end of this month,” Ipek Ozkardeskaya of London Capital Group said in a statement. Report. “Given that a 50-basis point cut would trigger another rally in global equities, any remark of calm nature immediately sits down in higher prices of assets,” she said. In Asian trade, Japan’s Nikkei 225 index jumped 2%, including 21,466.99, while Hong Kong’s Hang Seng climbed 1.1% to 28,765.40. The Shanghai composite index rose 0.8% to 2,924.20, while South Korea’s Kospi added 1.4% to 2,094.36. India’s Sensex slipped 1.3% to 38,390.88. Shares rose in Taiwan and Southeast Asia. investors with a view to the earnings situation of the companies. So far, in the U.S., results have been mixed, though only about 13% of S&P 500 companies have reported, according to FactSet. Analysts expect profits to fall 2.4% of the total by the time all reports are counted. In currencies, the dollar rose to 107.60 yen from 107.30 yen on Thursday. The euro weakened to .1239 from .1279.

Source: Miet Spiegel News

S&P 500 price lacks momentum (July Update)

Losses and gains in the S&P 500 are currently roughly in balance. The stock barometer gains 17 points.
The mood today in securities trading remains unchanged. The S&P 500 rose only a very small 0.25 percent. The index is now rated at 2,986 points.

sp500 price chart
Image source: google.com

These shares may currently rise

If you look at the price list, the papers of Philip Morris, Kla-Tencor and Union Pacific are strikingly. Philip Morris‘ stock was the biggest increase. It was up 9.83 percent from the previous day’s closing price. The price of the paper is currently USD 89.02. Philip Morris International (PMI) is one of the largest manufacturers of tobacco products worldwide. Kla-Tencor’s securities have also become more expensive. It is up 5.04 percent. The stock is currently valued at USD 131.81 on the stock exchange. Union Pacific is also trading firmer (up 4.41 percent). The price of the paper is currently USD 171.81.

These stocks go downhill


The S&P 500’s stock is currently at the bottom of the S&P 500′ share price list. The final straw is Netflix’s securities. Netflix’s stock is currently priced at US322.33 US dollars. This represents a decrease of 11.07 percent compared to the previous day’s closing price. The price for

United Rentals’ paper is also down. Investors currently pay 6.90 percent less for the security than they did at the close of trading last trading day. United Rentals’ stock was last quoted at US122.42 US dollars. Apache also notes lighter with a discount of 4.53 percent. The paper last traded at US23.37 US cents.

Source: ariva.de

EUR/USD Analysis: Decline towards 1.1106 is still possible

  • The ECB will consider revising its inflation target.
  • US data better than expected
  • The EUR/USD is on its way to break the July low of 1.1181, which then shifts the focus to a test of 1.1106.
Image Credit: fxstreet.de

The EUR/USD hit a high of 1.1243, while the dollar weakened broadly, leading to a downward movement at 1.1204 in the middle of the London session. The decline was the result of some headlines from ECB members referring to the inflation target of “below but close to 2.0%”. The dollar’s weakness helped recover to 1.1220 before the U.S. data was released.

U.S. initial applications for unemployment benefits were 216K in the week ending July 12, while the Philadelphia Fed manufacturing index performed better than the 5.0 forecast and the previous result of 0.3 in June. The data gave the greenback a boost. Later, the Fed will be expected to speak to Bostic and Williams.

EUR/USD short-term technical outlook


THE EUR/USD withdrew from the 23.6% retracement from the range of 1.1245 after several attempts failed to overcome the 38.2% retracement. The four-hour chart signals that the bears are on the rise, while the pair fell below the 20-SMA, while the 100-SMA has fallen below the 200-SMA. The technical indicators resumed their downward movement on the above-mentioned chart after approaching their centerlines, which supports a decline below the monthly low of 1.1181.

Article credit: FxStreet.de

Two ways to increase the sales

hey guys Dennis here! 

First of all, MERRY CHRISTMAS ! 

There are only two ways to increase your sales.

Sell more stuff to the customers you have, or attract new customers.

Anyone in sales will tell you that it is not easy to constantly prospect for new clients, qualify them, make a compelling presentation, negotiate terms, and bring a new client in the door. It is a process that is filled with the potential for failure all along the way. It is much easier to connect personally with the clients that you already have, and sell them a little more. On a recent trip to the grocery store, I was roaming the aisles like a middle-schooler on a scavenger hunt, when I merged into the wine aisle. Being in very familiar territory, I paused in my quest for low cholesterol, high fiber, sugar free …well you know…. because my highly trained eye for bargains caught the two-for-one wine special. Hmmm. Maybe the low taste, no fat chewing squares might taste better with a glass of vino. As I pondered my choices, I noticed a gentleman who was re-stocking the shelves and looked like he might know something about wines. I casually inquired about my purchase and his eyes lit up, and he eagerly pointed out several wines that might fit my tastes and my budget.

He made suggestions and recommendations that made me WANT to buy more wine. Heck, I even wanted to invite him home for dinner so we could sample them too! I listened intently to his council and HE listened to me too! I came home with six bottles of wine! (got a free wine bag holder and an additional 10% off the entire wine purchase too!) It is not hard to connect with your current customers. You already have a relationship with them and they have already agreed to buy from you once. If you listen to their needs, and recognize the opportunities to sell more stuff, you might be surprised at how your average sale can grow. Maybe it is a tie to go with the shirt purchase, a fuel additive to go with the oil change, or re-visiting the life insurance while you take care of the car insurance…who knows what you might be able to add on. So, driving home with my wine treasures, (having abandoned my search for the healthy dinner option) I decided to visit the fast food drive thru and now I was in a hurry. I was anxious to get home and share this idea with you, (over a glass of wine) when the cashier said something that confirmed my choice of topic for today.

Upon completion of my order, the cashier diligently asked me, “Would you like some fries with that?”

For the record, I declined the fries because they do not have a low fat, low carb, no salt version.