• More loans, less market confidence

    Moody’s Investors Service downgrades the credit rating of the Chinese economy. According to the agency, even with the implementation of structural reforms by the Chinese authorities, pursuing the official economic targets will inevitably inflate the public debt in the medium term.

  • Anxiety on the Oil market might underpin the expectations

    Markets are less likely to believe in Trump after the continued prolonging of the economic growth specifics. Oil investors were pricing in positive outcomes of the upcoming OPEC meeting in Vienna on May 25, where producers will decide whether to prolong output cuts or not.

  • Bears are relentless to weaken their grip on the USD

    The excitement in the markets is subsiding, as investors are still distrustful of the Dollar. Volatility is gradually declining in the markets but key uncertainties remain unresolved.

  • What happened in the Asian session today?

    Oil looks like it is going to fall soon, as the Dollar is moderately rising ahead of the NFP.

  • OPEC is on the path of success

    The largest Oil exporters organisation OPEC is ready to commit further efforts in reducing oil oversupply and are working on an agreement to present at the meeting in May.

  • Russia wants to extend the output cuts

    The extension of OPEC curbs for the second half of 2017 is being actively discussed, but it is still too early to talk about specific results.

  • The prospects for world oil demand were lowered

    World Oil production fell by 755,000 barrels per day in March to 95.98 million barrels per day due to the commitment of OPEC and non-cartel states. Thanks to this the global Oil market is now close to recovery.

  • Next round of tension

    The geopolitical uncertainty is growing between Moscow and Washington, as Trump is on the attack to fight for the countries national interests. This seems to move past the Dollar, which is completely immersed in the upcoming labour market statistics. Yet, precious metals gain from the instability.

  • OPEC supplies fall as Saudi Arabia keeps reducing production

    Oil prices gained momentum on rising speculation that OPEC and non-member Russia would extend their agreement to cut output in their effort to prop up prices.

  • Oil market recovery has been stopped

    Saudi Arabia will continue to reduce exports. The storage hubs gained 5M barrels rising to a record 533M, while production exceeded 9.1M barrels per day.

  • Is it the end of the US stock rally?

    Trump’s battle with Congress could signal a potential stop to the rally, as investors are ready for the next selloff. The US currency has pulled back to the pre-election levels.

  • Another currency to climb the peak

    The FED officials have not helped the Dollar, as Yen updates to a 5-month peak. The Nikkei index lost more than 300 points as market propelled the demand for the Japanese currency,

  • Saudi Arabia reversed a third of its production cuts

    Saudi Arabia reported to OPEC that it raised output above the levels seen in February, allowing oil prices to recover. Oil prices gained 1.5%, also finding support from a weaker dollar ahead of the FOMC meeting.

  • Will there be a supply-demand balance?

    OPEC is not going to yield to shale, as oil is threatened by a collapse.

  • Is Oil going down the drain?

    One-third of the increase in OPEC cartel production will come from Iraq and Iran. Together with the growing demand for energy, the IEA report looks optimistic.