OPEC To Cut Oil Supply For Nine Additional Months – 18 October, 2017
OPEC, Russia, and nine other oil producers are looking to cut output until March 2018…
Market News
Pound Drops For Second Day As Brexit Talks Are Put On Hold – 17 October, 2017
The Bank of England’s stance on raising interest rates as well as Brexit talks being…
Dollar And Pound Decline As Euro And Yen Advance – 11 October, 2017
Despite the steady rise over the last four weeks, the Dollar is on track to…
Dollar Drops To Two Week Low – 11 October, 2017
Central bankers are concerned about low inflation as the Dollar drops to a two week…
OPEC’s Efforts To Cut Production Undermined By U.S. – 11 October, 2017
Despite OPEC’s efforts to cut oil production, oil prices rose as U.S. inventories rose. West…
Euro Surpasses Dollar As Fed Hike Is Priced In- 10 October, 2017
The Bloomberg spot index declined by 0.5 percent for the third consecutive day and declined…
Mexico Oil Production Resumes After Hurricane Season – 9 October, 2017
Oil production in Mexico has begun to resume after Hurricane Nate caused the closure of…
Pound Rises As Employment Data Is Released – 9 October, 2017
The Pound was up by 0.4 percent to 89.47 pence per euro after falling 2.4…
Dollar Is Trading Above It’s G-10 Peers, Reaches Three Month High – 5 October, 2017
The Dollar is up to its highest since July, gaining roughly 0.6 percent, advancing above…