June Brent futures rose to $66.88 per barrel, while WTI rose to $62.97 per barrel. Earlier, oil prices fell by 2-2.2% due to rumors that OPEC+ countries may accelerate production growth in June. The decision on this issue will be discussed at the meeting on May 5.Analysts note that at the current level of compliance with OPEC+ quotas, it may continue to increase oil production at an accelerated pace. Additional support for prices is provided by signals about the readiness of the United States an... Leer más
The Mexican government will implement a price hike in gasoline prices as much as one-fifth in the... Leer más
The data for mortgage approvals on November is driven down according to the record of the British... Leer más
The US dollar surged to its highest levels for this week and has nearly reached its highest... Leer más
Vietnam’s economy rose by 6.21% this year being the fastest country to grow in the manufacturing s... Leer más
The Bureau of Statistics released the GDP of China showing 6.7% growth during the previous three... Leer más
US stocks traded within its record highs in the midst of low market liquidity after oil prices... Leer más
After years of recession, Russia is about to come back for next year. Although it does not mean... Leer más
The victory of Donald Trump caused the consumer confidence index (CCI) to continuously increased... Leer más
The USD dropped from its recently high levels during the mid-morning trading session in spite of... Leer más
Deutsche bank has finally decided to a $7.2 billion settlement with U.S. regarding its toxic assets... Leer más
The report for durable goods orders hand over a lower-than-expected data in October based on the... Leer más
The Bank of Thailand (BOT) maintain its key interest rate as it presents a 13th-time record low,... Leer más
Oil prices climbed higher driven by depreciation of dollar despite the subdued market in Asian... Leer más
US stocks dropped in value after the Dow Jones Industrial Average index was unable to make... Leer más
The economy of Japan is gaining momentum to recovery since 2015 as data from the Bank of Japan... Leer más
The Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Leer más
On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Leer más
The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Leer más
The highly-regarded business climate index of the Germany published its data which showed an upbeat... Leer más
Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Leer más
The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Leer más
The U.S housing market dropped in November, however, its level is still in a stable condition which... Leer más
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Leer más
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Leer más
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Leer más
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Leer más
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Leer más
The economic sentiment for Germany remained constant for this month as it was supported by a... Leer más
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Leer más
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Leer más
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