Oil Edges Lower As Focus On Output Cut Compliance

Oil Edges Lower As Focus On Output Cut Compliance Oil edged lower Monday with the focus on compliance with agreed output cuts. Brent crude shed 6 cents, or 0.11%, to $55.39 at 08:00 ET. U.S. crude lost 10 cents, or 0.19%, to $52.27. Trading was thin, with the U.S. markets closed for a public holiday.
Complete Reading

USDCAD CREEPING HIGHER WITH EYES FOR 1.32 HANDLE Buz Investors USDCAD CREEPING HIGHER Currently, USD/CAD is trading at 1.3180, down -0.05% on the day, having posted a daily high at 1.3189 and low at 1.3172. We had a US holiday today and much of the tone was risk -off, favouring the greenback to some degree
Complete Reading

KIWI TO GET A BOOST FROM WHAT FUTURES ARE PRICING INTO THIS WEEK’S GDT PRICE INDEX? KIWI TO GET A BOOST The market for the Kiwi has been relatively subdued at the start of the week with much of the focus on the pound and the hard-Brexit concerns that have given way to a phase of risk
Complete Reading

Germany DAX 30 Stock Market Index Buz Investors Germany DAX 30 The DAX 30 declined 74 points, or 0.6%, to 11,555 on Monday. In Europe, equities closed in the red as investors remained cautious ahead of a speech by UK’s Prime Minister Theresa May tomorrow in which she is expected to signal that the UK will
Complete Reading

UK Leaves Monetary Policy Unchanged Buz Investors UK Leaves Monetary Policy The Bank of England Monetary Policy Committee voted unanimously to hold the Bank Rate at a record low of 0.25 percent and to leave the stock of purchased assets at £435 billion on December 15th, 2016 in order to meet the 2 percent inflation
Complete Reading

Create Account



Log In Your Account