Microsoft Acquires LinkedIn In High Stakes Move
In one of the greatest tech deals in history, Microsoft has offered $26.2 billion dollars to buy the up and coming professional social media platform LinkedIn. This is the most recent acquisition in a long line of Microsoft corporate purchases that include messaging and VOIP pioneer, and the iconic communication equipment maker, Nokia. With this purchase, Microsoft is consolidating its position in the tech industry, as well as serving its goal of growing revenue as fast as it can.
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The Battle Between Oil And Lithium
Over the last few days, the price of oil has been advancing. A variety of factors have been pushing oil prices higher. A weakening US Dollar, stronger demand and supply crunches from various parts in the world, have helped buoy the bruised commodity. Amongst the many factors underpinning increasing demand for crude, is the replacement of coal plants. In many cases, coal has been replaced with oil, and that has opened up the debate about replacing the raw material upon which the modern economy was built, with another raw material which has been getting more attention: Lithium. read more…
Oil Surpasses $50 As Markets Advance
Markets are taking the half glass full point of view on the economy. After disappointing May job reports, a Fed rate hike was inevitably delayed. As a result, markets are soaring knowing that they will continue to have access to cheap money at least in the short term. Apart from the obvious advances in major indices following the underwhelming jobs report, the US Dollar continued falling against other major currencies, which has contributed to higher oil prices. read more…
Brexit Is Bad News For The Economy
It is natural for a country that has historically played the role of the balancer in European diplomacy, keeping its distance from continental Europe as much as it can, to decide that it had enough. Britain’s choice to extricate itself from the European experiment, seems to be gathering steam, which is not surprising. Issues such as immigration from Europe, the economic challenges facing the continent and the lack of decisive action on any topic, within many European organizations, has Britain thinking that its most iconic diplomats from centuries past had a point. But as much as being part of a supra-national union with another 27 nations in continental Europe may sound like the wrong step to most in Britain, pulling out now may bring the demise of Britain itself.
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Binary Options VS Forex
Forex is a very popular form of investment these days as it allows investors to speculate on the movements of currency pairs, such as the EUR/USD and GBP/USD. One of the primary reasons for its popularity is that many beginners are lured to Forex trading because of its enormous daily turnover which is rumored to be in excess of $3 trillion. They erroneously believe that with such a large amount of money in the offering that they should easily be able to snatch just a small percentage of it. Unfortunately, reality and statistics disclose an entirely different picture by revealing that only a small percentage of traders are successful. The main culprits behind this dismal result are the many factors contributing to the production of complex price formations making the directional movements of currency pairs both hard to predict and difficult to trade profitably.
Binary Options Brokers Offer a Wide Range of Forex Binary Options Currency Pairs
Most, if not all, binary options brokers offer a large selection of Forex Binary Options currency pairs to trade.
Financial Markets – Preview for Week Starting 15th May 2016
Major Events of Last Week
Investor confidence received a welcoming boost last Friday when the USA posted a premier economic indicator which surpassed market expectations. Specifically, US ‘Retail Sales’ registered its largest monthly increase in almost 12 months suggesting that the national economy could now be recovering after enduring an insipid first quarter. The Organization of the Petroleum Exporting Countries (OPEC) warned last week that high volatility in the oil markets is set to continue amid extensive oversupplies and stockpiles. Speculation about whether the United Kingdom will exit the European Union (Brexit) later this year also came to the fore as last week progressed. The leading US indices plummeted last Friday confirmed by the Dow Jones Industrial Average plunging 176 points; the S&P500 falling by 17 points and the NASDAQ dropping by 18 points. read more…
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