Pipeline in the desert

Wednesday’s schedule was booked majorly by the US data releases regarding several important economic indicators. The Commerce Department’s report showed a boost in the corporate spending for the month of October, while household spending remained at an average note despite the hike in income. October’s personal spending went up 0.1%, under ...

2015-11-27 Kira Vessiari Read more
Oil market

In the short term, traders forgot about the conflict in Yemen and concentrated on nuclear discussions between Iran and other six world powers (US, Germany, France, the UK, China and Russia), which tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted. Both the Brent and WTI oil market reached lower quotati...

2015-04-01 Orbex Read more