OPEC to Save Face with a Disappointing Deal
Wednesday November 30: Five things the markets are talking about No more jawboning – is there ...
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EUR/USD – Euro Shrugs Off Stellar German Retail Sales
EUR/USD is almost unchanged in the Wednesday session, as the pair trades at 1.0640. On the release s...
Oil: Black Gold or Fools Gold?
The eyes of the world are on Vienna today as OPEC formally meets and announces whether it has made a...
OPEC Talks Begin
OPEC began on Wednesday debating a deal to curtail oil production and prop up the price of crude, wi...
OPEC Deal Uncertain as Ministers Meet in Vienna
European equity markets are expected to open a little mixed, while oil is seeing some profit taking ...
Canadian Dollar Waiting on OPEC Decision
USD putting pressure on oil and metals as OPEC debates agreement Commodity currencies have depreciat...
XAU/USD – Gold Dips as GDP, Consumer Confidence Climb
Gold has reversed directions on Tuesday and lost ground, erasing the gains from the Monday session. ...
WTI/USD – US Crude Slides as OPEC Agreement in Doubt
It’s another busy day for US crude, which has posted sharp losses in the Tuesday session. In N...
Oil Slides as OPEC Output Deal Hopes Fade
Senior Market Analyst Craig Erlam discusses today’s big market talking points and gives his an...
GBP/USD – Pound Rebounds as UK Consumer Credit Rises
GBP/USD has reversed directions and posted strong gains in the Tuesday session. In North American tr...
Iran Says It Won’t Cut Oil Production
Iran, OPEC’s third-largest oil producer, said it won’t cut output as members of the exporter gro...
Italian Bond Yields Hit One-Week Low
Italy’s government bond yields fell to a one-week low on Tuesday as shares in its beleaguered ...
Dijsselbloem Wants Focus on Budgets Not Spending
The European Commission should focus on enforcing European Union budget rules rather than proposing ...
Canada: Q3 Balance of International Payments, 2016
Canada’s current account deficit (on a seasonally adjusted basis) narrowed $0.7 billion in the...
Doubts Over OPEC Deal Weigh on Oil Prices
Oil prices fell 2 percent on Tuesday on signs leading oil exporters were struggling to agree a deal ...
ECB Ready to Buy More Italian Debt if Referendum Drives up Cost of Borrowing
The European Central Bank is ready to temporarily step up purchases of Italian government bonds if t...
USD/CAD – Canadian Dollar Down, US GDP Sparkles
The Canadian dollar has reversed directions on Tuesday and posted losses. In the North American sess...
U.S. Q3 GDP Revised Upward on Consumer Spending
The U.S. economy expanded more than previously reported last quarter on a sunnier picture of househo...
Greece Confident of Deal with Lenders By Year End
Greece and its official creditors can reach an initial agreement on reforms and fiscal targets to pa...
Brexit Not Doing Consumer Credit Demand Any Harm
Lending to Britons expanded last month at the fastest annual pace in 11 years and mortgage approvals...