Donald Levit

Donald is a strategist for He specializes in a fundamental approach while informing traders of relevant economic data. Actively trading since university, Donald trades indices and commodities. He earned his Bachelor's in Finance from Baruch College's Zicklin School of Business in New York City.

Shanghai Composite Index Gains 0.44 Percent As Capacity Cutbacks Continue in 2017

The Shanghai Composite Index rose right out of the gate today, reaching as high as 3,146, before retreating and then rising again, to close...
steel prices

China’s Steel Reform Shifts Into Higher Gear

The Chinese government has concluded its three-day working conference this week. During the conference, China’s policymakers have outlined the strategic steps of the country’s...

Shanghai Composite Index Gains 0.7 Percent on Positive Growth Data and Sentiment

The Shanghai Composite Index gained 21.84 points today on very light volume of 122.37 million shares to close at 3,123.14, for a gain today...
crude oil

IEA Expects US Shale Oil Production to Add 500,000 Bpd in 2017

While speaking at the Davos World Economic Forum, the International Energy Agency’s (IEA) Executive Director Fatih Birol shared his opinion on how US shale...
steel prices

A Test for President Buhari: Nigeria Renews Largest Infrastructure Project In Its History

The Nigerian plan of constructing a railroad to supply iron ore to a currently inactive plant in Ajaokuta could very well be the biggest...
oil rig

OPEC Monthly Report: Cartel Raises 2017 Crude Oil Demand Forecast to 95.6 Million Bpd

In its latest monthly report, OPEC increased its forecast for global oil demand in 2017.According to the report, in December 2016 producers around the...
crude oil

All In the Name of Higher Crude Oil Prices: Most Russian Major Oil Companies...

Russian crude oil producers started 2017 with cutbacks in their output under the terms of the agreement between global oil producers. According to the...

Shanghai Composite Index Up 4 Points – Outlook Good for Chinese Consumer

The Shanghai Composite Index rose 4.24 points in today’s trading for a gain of 0.14 percent and a final closing level of 3,113.01, marking...
crude oil pumpjack

OPEC’s Barkindo Preaches Stability, Maduro Looks for Growth; Oil Futures Demonstrate Neither

While all eyes are fixed on the Economic Forum in Davos, not all high-profile officials are meeting in Switzerland. OPEC Secretary General Mohammed Barkindo...
oil rig

Statoil Makes New Crude Oil and Gas Field Discovery in Norwegian Sea

According to the news share by Statoil, the company has discovered a new crude oil and gas field at the licensed Cape Vulture area...

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