Donald Levit

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Donald is a strategist for economiccalendar.com. 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.

Palladium Price Slightly Higher in Electronic Trade

Palladium futures were fractionally higher in electronic trading Monday, regrouping a bit after the commodity plunged last Friday following the release of disappointing Chinese...
china

Shanghai Composite Index Stages Panic Selloff on New IPO Announcements – Recovers On Likely...

The Shanghai Composite Index had a wild afternoon today, with a sudden, sharp 2.2 percent selloff on heavy volume – bouncing off of 4-month...
crude oil

Crude Oil Production Cuts Unlikely Beyond June 2017– Saudi Arabia

The world’s second largest crude oil producer and OPEC’s de facto leader – Saudi Arabia, believes that the chance of the OPEC/non-OPEC agreement to...

Kuwait Sets an Example: Ready to Cut Crude Oil Production by Another 17,000 Bpd

Kuwait – one of the OPEC members to actively support the production cut, is showing its firm commitment to the agreement by continuing to...
oil rig

Oil Futures Tracking Large Weekly Loss

Oil futures pulled back on Friday, positioning the commodity for a large weekly loss as traders focused on evidence that some major oil producers...
china

Shanghai Composite Index Slips Again on Weak Export Data

Stocks on the Shanghai Exchange slipped 6.52 points, or 0.21 percent to close out the week on Friday on volume of 156 million shares....
Gold

Gold Futures Slip as Positive Earnings Draw Investors to Stocks

Gold futures were lower Friday morning, as the appeal of safe haven investments decreased following the latest batch of earnings, which increased investors’ risk...
China

Shanghai Composite Index Declines 0.56 Percent as Non-Performing Loans Tick Higher

The Shanghai Composite Index held its own in early trading, then slipped 17.46 points in afternoon action to close at 3,119.29, for a loss...
crude oil

Fossil Fuels Investment Could Rise in 2017, First Time in 2 Years

Investments in global hydrocarbon energy resources could rise 3% in 2017 over 2016 and amount to $450 billion. Such is the consensus in the...
Gold

Gold Futures Edge Higher As Investors Digest Trump’s Speech

Gold futures swung on Wednesday morning, at first they were down in anticipation of Donald Trump’s first conference as President-elect, then later they edged...
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