• When will the oil market recover?

    The International Energy Agency was optimistic about global growth but said that stockpiles don’t appear to be reducing as quickly as expected, as increasing OPEC production hinders the rebalancing process.

  • Markets await Janet Yellen’s Speech

    The dollar gained momentum before Fed Chair Janet Yellen testifies to Congress on Wednesday and Thursday.

  • Must-watch economic reports this week

    Monday, July 9, 2017 – CPI (YoY) (Jun)(CNY).

  • The US NFP report painted a mixed picture of the labour market

    The release of the much-anticipated NFP report showed an increase in the number of jobs in June. However, the data also indicated a rise in the unemployment rate and a decline in the average hourly earnings.

  • Oil plummeted on oversupplied market, while dollar trimmed gains on NFP

    The greenback trimmed gains against other major counterparts, following the release of the NFP report that showed an increase in the number of jobs in June. However, the report also indicated a rise in the unemployment rate and a decline in the average hourly earnings.

  • Dollar lower after Fed minutes

    The minutes of the Fed’s June meeting frustrated investors, showing that FOMC officials could not find a common ground in working out an accommodation path in order to mitigate the effects of policy changes on the economy.

  • Dollar higher amid risk appetite aversion following North Korea’s missile test

    A strong US ISM manufacturing report reinforced expectations for another rate hike by the Fed, boosting the greenback, despite risk aversion following the North Korea intercontinental ballistic missile test.

  • Dollar holds onto gains on strong data

    The dollar traded higher against its other major peers, following the release of strong reports, but it remained shaky amid expectations that central banks around the world are preparing to tighten monetary policy.

  • Important reports of the upcoming week

    Find out which profitable events to look forward to in the next week!

  • What happened to the two majors?

    The common currency jumped more than one percent after Draghi’s speech at the ECB forum, which strengthened some expectations.

  • Is Canada trying to take the lead in the Oil production?

    Canada has the third largest Oil reserves in the world and is able to increase the hydrocarbon production, jeopardising the implementation of the OPECs agreement aimed to restore the balance on the Oil market.

  • The markets seem to be cooling down

    The Risk attitude in the global market is very “friendly”, as VIX went below 10 points – a historical record of calm. Gold and the Japanese Yen are trading in the red zone despite the weakness of the US currency.

  • The European currency is on a hike

    Investors hurry to take a comfortable position about the Euro before the ECB makes a global turnaround in the monetary policy. On Wednesday, the common currency is going to test the level 1.14.

  • How is Dollar is helping the Oil growth?

    The desperate situation of the Oil market, will be determined by the upcoming price dynamics of the three main oil consuming countries of the worlds – China, India, Japan.

  • May’s powerlessness in the struggle for power is growing

    The pound is relatively stable despite the possibility of a governmental collapse. The leader of the Conservative party, Theresa May, is likely to step down if she is unable to conclude a coalition with the Democratic Unionist party.