Forex Books Talking

There is something quite significant afoot. But in the process of describing what is happening now, I need to travel back, first personally some several decades, and then over a century earlier in literature.

When you read this I happen to be in Europe on one of those new high-speed trains. The conveyance may be a recent change, but the terrain whisking by my window

terrain whisking by my window is only too well remembered from an earlier life. This had at one time been a quite personal stage for some very high-risk objectives.

As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge,

give ourselves an edge, that enough research will reveal to us the next move, either a long term trend or an intraday blip on a chart, and that we can profit from that knowledge.

profit from that knowledge. Usually, especially over longer time spans, we are correct in that assumption. Sometimes, however, no amount of fundamental or technical analysis will help.

In the second half of August, Chinese equities have been under heavy selling pressure as a fear over China's slowing economy and worries that Beijing may allow

worries that Beijing may allow the Yuan to continue to depreciate have weighed on investors' sentiment. Moreover, disappointing economic data fuelled that fears, which

resulted in a sharp decline on China's stock market. In less than two weeks, the Shanghai Composite declined from (almost) 4,000 below the next psychologically important barrier of 3,000, hitting fresh 2015 lows.

On Tuesday, crude oil reversed and declined sharply as weak Chinese data weighed on investors' sentiment. As a result, the commodity approached support levels, but will they encourage oil bulls to act in the coming days?

Dr. Kent Moors writes: Just as I was finishing up Monday’s Oil & Energy Investor, information emerged that something was happening with OPEC. I made mention of it in a note appended at the end of that installment, finishing with the observation that it “Looks like somebody just blinked.”

Well, that somebody is OPEC, and there is much more behind this development, leading to today’s discussion.In its monthly report released on Monday, OPEC indicated it is now willing to

OPEC indicated it is now willing to discuss production levels with other non-OPEC countries. This is the first indication that the low crude oil price environment has been creating serious problems inside the cartel

The crude oil price has relentlessly trended lower all year to an unimaginably low price low of $37 of just a few days ago, falling from $100 a year ago. The severe bear

a year ago. The severe bear market has not only caught many market commentators off guard but has had a devastating impact on several major economies that