Last month, OPEC countries reduced oil production by 110,000 barrels per day, bringing the total to 27.43 million barrels per day. This is due to production cuts in Nigeria and Iraq ahead of OPEC+'s plans to gradually restore production to stabilize oil prices. The leadership of the alliance calls for strict compliance with quotas, which a number of countries continue to ignore.Saudi Arabia and Russia, which lead OPEC+, decided to increase production by 138 thousand barrels per day this month. T... Прочетете още
The US dollar fell for the sixth consecutive week and has recorded its lowest drop since July 2016... Прочетете още
EU stocks dropped for the fourth consecutive time within a mere five-day period as the overall... Прочетете още
Brazil’s President Michel Temer stated his plans to generate an economic reform programme which c... Прочетете още
The People’s bank of China augmented its short-term interest rates as the e... Прочетете още
Deutsche Bank, an established German lender, reported a net loss of 1.9 Billion Euros equivalent to... Прочетете още
The economy of Canada is possible to recover from an oil crisis it endured, however, the... Прочетете още
The dollar rose along with Treasury yields and managed to redeem its losses last Tuesday after... Прочетете още
The US dollar dropped to brand new lows during the previous session and lost against all other... Прочетете още
The economic status of Mexico had slowed down during the fourth quarter as the growth in services... Прочетете още
European stocks plummeted on Monday after investors assessed the possible implications of... Прочетете още
The Bank of Japan adjusted higher its economic forecast on Tuesday. However, the monetary policy... Прочетете още
Based on the report of Ifo Research Institute, the trade surplus account of Germany broke its own... Прочетете още
The Bank of Japan is scheduled to set its monetary policy after a two-day... Прочетете още
The central bank of Bangladesh maintained its key policy rates on January 29, Sunday according to... Прочетете още
The US dollar inched lower and asian stocks declined after the market suffered repercussions... Прочетете още
The labor market of Spain has produced more than 400,000 jobs in 2016 while the unemployment rate... Прочетете още
US stocks stopped its rallying trend during Thursday’s trading session after investors gathered a s... Прочетете още
The industrial production of Singapore rose at th quickest rate over five years in December driven... Прочетете още
Based on the report of Deutsche Bundesbank, inflation is predicted to surge for this month. Earlier... Прочетете още
The Bank of Korea confirmed on Wednesday the economic growth of the sovereign state fell back... Прочетете още
Environmentalists have predicted about the much-protected issue but only few of them presumed it... Прочетете още
The US dollar continued its losing streak after President Trump signed an Executive Order which... Прочетете още
Economists are stating that Bank of Japan is already done with adding economic stimulus to the... Прочетете още
Japanese Prime Minister Shinzo Abe has stated that he is currently open to a possible bilateral... Прочетете още
China being the world's biggest importer of goods and services has big impact on global trading.... Прочетете още
The assessment for the Business PMI of New Zealand remained unchanged in January which is 54.5. An... Прочетете още
The USD was able to reclaim the majority of its losses prior to the inauguration of US... Прочетете още
The Bank of Canada’s Overnight rate target uphold the 0.50 percent as the economic outlook remains t... Прочетете още
The Australian Bureau of Statistics released an official data on Thursday showing an upsurge in... Прочетете още
Federal Reserve Chair Janet Yellen has stated that the Fed might consider implementing a Fed rate... Прочетете още
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