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.
China - Chinese Yuan CNH

Shanghai Composite Index: Chinese Equities Slide Despite Asian Gains

The Shanghai Composite Index slipped 5.32 points today, or 0.17 percent, but it’s still over the 3,200 level, closing at 3,212.63 for the day....
OPEC Flag divided with cracks

OPEC Will Force Libya and Nigeria to Cut Crude Oil Output

Representatives of the Organization of Petroleum Exporting Countries (OPEC) have hinted that the global oil cartel could force Libya and Nigeria, the two members...

Shanghai Composite Index Edges Higher On Positive PMI Data

The Shanghai Composite rose 3.48 points today, or 0.11 percent, to reach a closing level of 3,195.91 for the day. The Index is up...
Chinese Yuan CNH

Shanghai Composite Index Lower, But Industrial Profits Booming

Stocks were falling all over Asia today, and China was no exception. The Shanghai Composite Index sank 18 points today, or 0.56 percent, to...

Shanghai Composite Index Higher After MSCI Grants Inclusion to Emerging Markets Index Product

The Shanghai Composite Index kicked off the trading week with a 27.57 gain, adding 0.87 percent and closing at 3,185.44. It’s been a week...

Shanghai Composite Index Gains as PBOC Injects Liquidity

The Shanghai Composite Index rose 21.21 points on Monday, or 0.68 percent, to end the day at a final closing figure of 3,144.37. The...

Shanghai Composite Index Sinks Despite Strong Retail Numbers – Anbang Insurance Under Scrutiny

The Shanghai Composite Index fell 23.07 points on Wednesday, closing at 3,130.67.Today’s market decline may reflect some market jitters concerning Anbang Insurance, whose chairman,...

Shanghai Composite Index Slips On Monday After Rally, But Trade Surges

The Shanghai Composite Index sank 18.52 points on Monday morning, or 0.59 percent, to a final closing level of 3,139.88. The Shanghai benchmark rallied...

Shanghai Composite Index: China’s Stocks Rally As Central Bank Boosts Money Supply

The Shanghai Composite rallied 38.19 points today for a gain of 1.23 percent, while the Shenzhen Component Index gained 2.19 percent for the day,...

Chinese News: Shanghai Stocks Lag Global Rally As Liquidity Situation Tightens

The Shanghai Composite index gained a tenth of a point on Friday, but lost it and more in Monday’s trading, sinking 0.45 percent to...

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US Dollar

DJIA Today: Dow Jones Futures Settle at Three-Week Lows Amid Broad Retreat

Dow industrials declined for a second straight session on Friday, as U.S. political turmoil continued to linger.The Dow Jones Industrial Average fell 76.22 points,...

S&P 500 Futures Continue Lower After Sharp Selloff

U.S. stocks fell in quiet trading Friday, as the market extended its decline following a steep selloff during the previous session.The large-cap S&P 500...

Uranium Prices: Environmentalists, Scientists Push for More Nuclear Power

On Friday, French president Emmanuel Macron received a letter from 45 activists, writers and academics spearheaded by eminent climate scientist James Hansen and Francois-Marie...
cargo ship baltic dry index

The Baltic Dry Index Caps Winning Week Up 13 Points

The Baltic Dry Index added 13 points to reach 1260 on Friday, capping another winning week with a gain each session, but Friday’s paper...

Top 5 Economic Calendar Events August 21 – 28

A very important market feature during the week will be the lack of liquidity with trading volumes at very low levels due to seasonal...