OPEC

Consumer prices in New Zealand rose unexpectedly in the three months ending September 2018; official data showed last week. Headline inflation rate was seen rising 0.9% on a quarterly basis during the third quarter of 2018, data from…
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OPEC's top oil-producing nation Saudi Arabia and Russia negotiated a deal in private in September to raise the oil output. The move comes amid calls from the U.S. President Trump urging Saudi Arabia to do more amid higher prices. Further…
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OPEC reports lower production from Saudi Arabia Th USA imposes fresh sanctions on Iran, threatens nations still trading with Iran Weekly crude oil inventories report a build up EIA revises down U.S. oil production for 2018…
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All eyes were on Vienna last week as the OPEC nations and Russia met over two days for the semi-annual OPEC meeting. The main focus of the meeting was whether the OPEC nations and Russia could agree to reaching a deal to plug the void left…
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Daily Forex Market Preview, 25/06/2018 Economic data on Friday was mixed but the U.S. dollar was seen giving up some of the gains made from earlier in the week. Japan's national core CPI data showed a 0.7% increase on the year, unchanged…
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Fundamental Analysis & Overview OPEC, the cartel of petroleum exporting nations, are holding meetings today, the 22nd of June 2018. This meeting is held as usual in Vienna and it will most likely have a direct impact on the price of…
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Daily Forex Market Preview, 22/06/2018 The Bank of England’s monetary policy meeting held yesterday saw officials keeping interest rates steady at 0.50% as widely expected. However, this came amid three dissenting votes including that of…
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Crude oil prices rallied last week to hit a three and a half year high after the U.S. President Donald Trump announced that Washington was pulling out of the 2015 Iran nuclear deal on Tuesday. Speaking at a brief press conference, Trump…
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Crude oil prices showed no signs of losing momentum as price of the international Brent crude oil hit highs of $75 a barrel. The gains, which mark the highest high in nearly three and a half years, came about after mounting concerns that…
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In this May 2018 FX markets monthly outlook, The U.S. dollar emerged from a spell of selling as the greenback managed to emerge as one of the top currencies with gains last month in April. The USD was only second to the Canadian dollar…
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