Análisis fundamental
FUNDAMENTAL ANALYSIS BY NSFX 21.10.2015
Good evening, As expected the Bank of Canada kept interest rates at 50 basis points considering that the trend of commodities is not increasing inflationary pressure. Canada is an exporter of commodities and the confidence on US growth is offset by the Chinese slowdown. US indices fluctuated around the parity almost all the session but[...]
FUNDAMENTAL ANALYSIS BY NSFX 21.10.2015
Good Morning, Oil futures steadied from their overnight lows in choppy trade on Tuesday, as traders moved past dim economic data from China to pay attention to supply. US Housing starts increased by 6.5% in September 2015 to reach an annualized 1,206,000 units, thereby unwinding a 1.7% decline to the 1,132,000 starts recorded in August (was[...]
FUNDAMENTAL ANALYSIS BY NSFX 20.10.2015
Good evening, Crude Oil is down for the second consecutive session at 46.09 $/barrel (-0.47%). The commodity may test soon area 43.81 where buyers on support will try to lift the price. If high inventories data will be released tomorrow and OPEC will maintain the strategy to keep high the supply, Crude Oil will deteriorate[...]