oil
Daily wrap up – 4 September
The markets are looking forward to a number of central bank meetings this week as well as some important economic data. The currency market today saw some price gaps as well as the decline of most of the global stocks with the opening of the week, after the North Korea's the most powerful nuclear test on Sunday undermined investors' risk appetite amid reports that Pyongyang was ready to launch another missile. While the US and Canadian markets closed due to the Labor Day.
Oil slides from nine-week highs as market looks to OPEC
7 Aug 2017 01:38 PM |By Reuters : Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States.
The week ahead (7-11 August) : eyes will be on US inflation numbers
6 Aug 2017 05:28 PM |Looking ahead to a new trading week and following the release of very positive US labor market data this past weekend, this week market turns to inflation data, and whether the positive tone of data from the US economy will continue and supports the Fed's path to raise interest rates for the third time this year.
Daily Wrap Up – 1 August
1 Aug 2017 09:00 PM |The most significant move today was a drop-in oil prices from a two-month high of 50.40$ a barrel to 48.30$ as ample global supplies countered strong demand, as well as expectations of a continuing fall in US crude inventories.
Asian stocks start new month on steady footing, bonds pressured
3 Jul 2017 09:09 AM |By Reuters : Asian stocks hardly budged on Monday on the first day of a new quarter while expectations of credit tightening by the world's major central banks kept global bond markets under pressure.
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Tentative oil price recovery lifts energy stocks
23 Jun 2017 11:15 AM |By Reuters : World stocks were poised to eke out slim gains for the week on Friday as a tentative recovery in oil prices spurred investors to hunt for bargains in the beaten-down energy sector and helped commodity-related currencies gain against the dollar.
Oil 22 June
22 Jun 2017 02:03 PM |As we mentioned yesterday the important support level at 42$, prices reached this level and
European stock markets stumble as oil languishes near lows
22 Jun 2017 10:43 AM |By Reuters : European stock markets fell for a third straight day on Thursday, as battered oil prices hovered near seven-month lows hit overnight on worries about a supply glut and falling demand.
Stock futures lower as oil hovers near seven-month lows
21 Jun 2017 03:11 PM |U.S. stock index futures were lower on Wednesday as oil prices hovered near seven-month lows and were headed for their largest slide in the first half of any year since 1997.
Oil 20 June
20 Jun 2017 12:22 PM |Currently prices are moving inside a descending channel, we expect with exceeding resistance
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