12 pieces of sound trading advice
Everyone wants to be a great trader, but few are able to truly succeed. Here are 12 pieces of trading advice from some of the most iconic traders.
India's energy ties with Iran unsettle Washington
India's search for hydrocarbons to fuel its economy has managed rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, and leaving the Indian Treasury fretting about how to pay for its oil imports.
Housing shores up expansion with little inflation
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
Brazilian currency touches four-year low, prompting intervention
Brazil’s real touched a four-year low, prompting the central bank to intervene for a second straight day as a report showed higher-than-forecast inflation.