OPEC Secretary General Expects Global Oil Inventories to Fall in Q2
OPEC expects to see global oil inventories fall by the second quarter of this year in response to pr...
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Oil Prices Higher After OPEC Cuts Trickle In and Chinese Demand Grows
Oil prices jumped more than $1 a barrel on Thursday on news that key OPEC members were cutting produ...
Saudi Arabia Cut its Oil Production to 2 Year Low
Saudi Arabia has cut oil output to its lowest in almost two years, its energy minister said on Thurs...
US Weekly Jobless Numbers Rise Less Than Expected
The number of Americans filing for unemployment benefits rose less than expected last week and the u...
US Import Prices Rise in December Despite Strong USD
U.S. import prices rose in December, boosted by higher prices for petroleum products, but a strong d...
Fed’s Harker Sees 3 Rate Hikes in 2017
The U.S. economy is gathering enough strength to warrant three interest rate increases this year fro...
USD/CAD – Canadian Dollar Jumps as Trump Press Conference Disappoints
The Canadian dollar has posted sharp losses in the Thursday session. Currently, USD/CAD is trading a...
Fed Officials Up Next After Trump Spooks Markets
It may have been a slow start to the week for markets but things have certainly picked up over the l...
USD/JPY – Yen Higher as US Dollar Falters After Trump Theatrics
USD/JPY is considerably lower in the Thursday session. Currently, the pair is trading at 114.30. On ...
Lack of Details Unwind the Trumpflation Trade
Thursday January 12: Five things the markets are talking about U.S dollar bulls should be preparing ...
EUR/USD – Euro Pushes Higher as Trump Speech Misses Mark
EUR/USD has edged higher in the Thursday session, pushing above the 1.06 line. Currently, the pair i...
BOE’s Carney Could Upgrade UK Forecast
The Bank of England looks set to upgrade its forecasts for the UK economy after admitting that some ...
Trump Disappoints Markets Awaiting More Stimulus Talk
Stocks fluctuated, the dollar weakened slightly and buying picked up in Treasurys as President-elect...
KKR Says Trump and Brexit are New Investing Paradigm
Donald Trump’s election represented not just a big moment in politics but also a “paradi...
Global Oil Industry Expected to Expand in 2017
The global oil industry is slated to make some big investments in 2017 following a painful two-year ...
XAU/USD – Gold Closing in on $1200 Level, US Jobless Claims Ahead
Gold continues to move higher and has posted gains in the Wednesday session. In North American trade...
WTI/USD – Crude Rebounds on Signs of OPEC Compliance With Cuts
After a two-day slide, US crude has rebounded in the Wednesday session. In North American trade, US...
GBP/USD – Pound Falls to 3-months Low on Mixed UK Data
The British pound has posted strong losses in the Wednesday session. In North American trade, GBP/US...
Brexit Risk Has Declined Says BoE Governor
The immediate risk posed by Brexit to the UK economy has declined, the governor of the Bank of Engla...
MXN Hits New Low Ahead of Trump Conference
The Mexican peso weakened Wednesday to fresh lows against the U.S. dollar ahead of President-elect D...