Ever since I started running risk management training workshops and teaching Executive MBA students, I had been looking for a textbook that walked the middle ground between plain English, as few mathematical equations as possible and exactly the right topics I needed to teach. It had to be concise and to the point yet cover…Read more
Jawwad
FinanceTrainingCourse.com is now live
Eight months ago I asked myself a simple question. Is it possible to make money online selling content and advertising to people I haven’t met with only Google as a facilitator. The general answer I had received over the past few years was yes but the details about “how” were missing. Three friends held out…Read more
Crude Oil Insights: US Dollar spikes as China raises interest rates
Dollar spikes and commodities tumble as China raises interest rates China increased its interest rates for the first time since 2007, aimed at curbing the rising inflation rate. The effect of this has been a sudden change in the market. The move helped in supporting the weak USD. At 0402 GMT, USD was trading at…Read more
Crude oil price outlook: The rate hike heard around the world! PBOC hikes interest rates by 25 basis points
The Chinese central bank (PBOC) raised interest rates for the first time in three years in a surprise moved that rocked commodity and currency markets. The US dollar retained its status as a safe haven currency as traders unwound trades and headed for cash and treasury securities. Commodity prices fell across the board with Crude…Read more
Crude Oil Insights: Oil and Gold move up as USD weakens again
Oil and Gold move up as USD weakens again Monday’s trading brought about some surprises. We had seen on Friday that the USD was showing signs of recovery and the crude oil and gold prices were going down. On Monday, WTI crude oil futures closed at $83.08/barrel which is an increase of $1.83 from its…Read more
New Option pricing using spreadsheets course at Learning Corporate Finance
This course focuses on an alternative method of implementing a two-dimensional binomial tree compared to the traditional method of building a binomial tree in excel presented in most option pricing text books. The alternate approach is based on the techniques documented by Professor Mark Broadie at Columbia Business School as part of his coursework in…Read more
Crude Oil Price outlook: US GDP Second Quarter, revised downwards to 1.6%: Oil to head lower
Wall Street Journal reports that the revised US GDP figure for second quarter came in a 1.6% compared to the original 2.4%. Given the recent downward trend in oil prices, the weekend and the upcoming crude oil ETF rollovers, oil should bring the 70 dollar per barrel barrier on NYMEX before the 7th of September….Read more
Crude Oil price outlook: Crude Oil breaks 72, NYMEX touches 71.32
The release of existing home sales data put further pressure on oil prices on Tuesday as NYMEX touched 71.32 per barrel of crude oil on Tuesday evening. Prices bounced back to 71.5 in early morning trading in Sydney on Wednesday morning. As per the numbers crunched by Calculated Risk the existing home month of supply…Read more
Crude Oil price outlook: Crude Oil breaks 72, NYMEX touches 71.32
The release of existing home sales data put further pressure on oil prices on Tuesday as NYMEX touched 71.32 per barrel of crude oil on Tuesday evening. Prices bounced back to 71.5 in early morning trading in Sydney on Wednesday morning. As per the numbers crunched by Calculated Risk the existing home month of supply…Read more
Crude Oil price outlook: Crude oil price watch for next week: sub 70 dollar oil at NYMEX?
Earlier this week, I asked if the time was right for Crude Oil to break 74 dollars per barrel on NYMEX and by Friday it was apparent that the time had come to forecast a new low for crude oil prices for next week. Crude broke through 74 US dollars a barrel to trade at…Read more