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The proposal of the US President Donald Trump on the sale of half of the strategic reserves of American oil surprised the energy markets on Tuesday, as this will discourage OPEC's attempts to raise
Since 5/05 EURUSD lost 135 pips. Currently, due to positive state of the European economy, and according to the last speech of the Mario Draghi about continuation of the QE program approximately till
On Friday, US payrolls rose by 211,000, overcoming forecast 185,000 and unemployment rate went down to 4.4%. As we mentioned, that’s the lowest rate since 2001, and that tells that American economy
Gold prices are at lows within last seven weeks, recent NFP data showed that unemployment rate is the smallest since 2001. Significant drop in the metal price was caused by rising doubts that USA and
Smaller than expected Crude Oil Inventories created some volatility, but didn’t support this asset. WTI was on its lows with the year and showed minimal price since November 2016. The drop was caused
Market fluctuations almost completely were according to our expectations last five days. EUR gained some positions against USD, GBP was weaker than greenback. USD/JPY traded in a wide range.
As for stock markets, the situation is still ambiguous. Trading in the US on the last week ended with a decline. The Chinese market does not work on February 15 due to the holiday. That’s why we’ll
Oil is still the main driver of commodities market. While at the end of last week it was recovering at the background of the statements about possible throughput performance reduction, at the
Last week ended with the growth of the Japanese currency. This is due to the instability in the Japanese economy, as well as to speech of Janet Yellen, who, in fact, announced the postponement of the
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