• 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 market “tug-of-war” is at hand

    The Bank of Japan insists on an all-round support for the economy, as the Dollar is growing after the statements of the FED officials.

  • The outsider on the Forex market

    The Dollar continues to decline under the pressure of weak statistics, as the Pound is stabilising after a 2% growth. Among the major calls of uncertainty remain the France elections and tensions on the Korean peninsula.

  • 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.

  • Metals are in the lead

    Thanks to the Syrian conflict, caution on the market has been the main topic this week. has m caution the theme of this week in the markets. Investors are trying to assess the potential damage to the Russia and the United States relations. At the same time Oil is doing well and safe havens are reaching peaks.

  • Russian market is recovering

    After the three-day retreat the investors hope that Russian and American diplomats are able to work the issues regarding the Middle East conflict. Oil has been declining in the meantime.

  • 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.

  • NFP will leave a long-lasting impression

    The RBA is caught in-between two economic extremes, which made them keep the rates unchanged. The Euro and Pound are slowly falling, as the Dollar has started to gain momentum ahead of the FOMC protocol.

  • The Australian Dollar is waiting on the down-low

    The Dollar is trying to go on the offensive, as the markets are waiting for the meeting of the United States and Chinese leaders. Oil trades with more declines, as investors are hoping for production curbs for the future.

  • Is WTI about to go up again?

    It seems that WTI has a strong week ahead, as there are finally positive reactions to the OPEC cuts. Take a look at how favorable the technical indicators are.

  • 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.

  • UK Parliament may get vote on leaving the Single Market

    Theresa May’s government signalled that the UK lawmakers may get a vote on whether Britain should leave the EU’s single market after Brexit, thus avoiding a hard Brexit scenario.

  • Euro under pressure after a shift in sentiment

    The euro fell following the comments of ECB officials that there is no possibility of a rate increase in the near-future, while the dollar remained broadly higher on ongoing optimism over the strength of the US economy.

  • Oil prices rise amid speculation on OPEC agreement extension

    Oil prices advanced on Tuesday, finding support from the latest comments of officials suggesting that OPEC could extend its agreement to cut global oil production for another six months.

  • Greenback crashes in the aftermath of healthcare bill failure

    The US dollar plummeted against the other major currencies, as doubts about the Trump administration’s ability to deliver on his pro-growth economic pledges weighed on investors.