Iran openly supports OPEC in the efforts to stabilise the market, as they are reaching national quotas.
The weak domestic demand forceS companies to continuously maintain the cut-down policy of the prices.
The Dollar pares decline ahead of Durable orders report as the German IFO predicts gloomy future for EU economy.
The Dollar shows strong advantages against the Euro as the Pound is gathering strength from the newly found independence.
The composite PMI in the 19-countries expanded to a 53.3 point in August as the European shared currency fell against the Dollar.
Stanley Fischer claimed that the state of US economy should be somewhere near its targets – full employment and 2% inflation., which made the dollar rebound.
Important developments you should keep track off in the upcoming week.
The Chinese market is seeing interesting movements as the financial sector is meeting the set expectations.
Uncertainty is increasing in the European markets as the pressure is building from the US Dollar steady rebound.
in September the FED meeting might hold some surprises for the market but for now dark times seem to be ahead for the USD.
The New Zealand Dollar fell sharply against its American peer as the US Dollar is still recovering from a heavy selloff.
The new data soothed the worries about the adverse impact of Brexit on the UKs economy.
The oil prices climb to a three-week high as, which is now reaching almost 10%. Even though the gain is visible then experts are looking for balance.
Get a glimpse of the upcoming economic development for the week.
As the Japanese were celebrating the US took over the stock market reaching record highs.