Fri 9th Oct 15, 16:30:53
(ShareCast News) - Glencore led mining shares higher as investors welcomed its decision to cut 500,000 tonnes or around a third of its annual zinc production as it looks to combat declining prices.
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(ShareCast News) - Oil futures headed lower as profit taking took hold on Friday, while metals recovered from previous lows in the absence of any major intraday data influencing the commodities market direction. Yesterday
(ShareCast News) - European stocks rose, led higher by strength in the mining sector as investors welcomed dovish signals from the Federal Reserve. Yesterday
(ShareCast News) - Inflation data in the UK, China and the US will be in the spotlight this coming week. Yesterday
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Yesterday
(ShareCast News) - The dollar saw mixed fortunes against a basket of global currencies on Friday, as the US wholesale inventories data for August beat market expectations. Yesterday
(ShareCast News) - Industrial metals and mining stocks helped the London markets continue their rise on Friday, also boosted by Thursday's release of the Federal Reserve minutes. Yesterday
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We all tell little white lies from time to time, rationalising our actions or inaction in order to help us get through the day with our pride intact.
This phenomenon is particularly rampant in the world of investment, and today we are going to look at a few of the lies that traders tell on a frequent basis.
TRADERS´ Interview with Singapore Strategist
Dar Wong is Investment Strategist at Singapore based Dektos Investment Corporation and a regular financial columnist for Borneo Post and other financial magazines.
Let’s be honest: Wall Street has an embarrassing track record in forecasting what the markets will do.
According to a recent study by Money Morning, comparing the average forecast of Wall Street “experts” to the actual performance of the S&P 500 between 2000 and 2014 reveals a nearly 15 percentage point difference each year!
From the onset of time, human beings have associated certain activities with certain events, thus forming the basis of superstitious beliefs and actions.
These have also spilled into the financial markets. Here are 5 weird trading rituals commonly practiced by traders.
Markets are people. So beating them asks for insight in what they are doing. And, perhaps more importantly, how they feel, because that will direct their future actions and, in the end, what markets will do.
At least short term. To know how people feel we need to distinguish the ones with a position from the spectators on the sidelines. Both groups have a very different state of mind.