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Forex blogs - oil

Forex trading online is a interesting way to trade en speculate at the foreign exchange market world wide. For more information about trading our blog listing here will help you to find interesting blogs about forex trading.

Bitcoin news and price charts

Oil stockpiles weigh on sentiment


"Oil is poised for a second weekly drop after a larger-than-expected gain in American crude stockpiles eclipsed tensions between the U.S. and Saudi Arabia over the disappearance of a prominent critic o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-19 09:00
Taggar: oil

Oil prices headed for a weekly loss


"SINGAPORE ? Oil prices nudged higher on Friday on signs of surging demand in China, the world’s second-biggest oil user, though prices are set to fall for a second week amid concerns of the ongo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-19 08:56
Taggar: oil, trading

Oil Prices on Rollercoaster as USD Rebounds and Supply Concerns Ease


"Oil prices had bumpy ride on Thursday. Crude was on the decline at 9am in the morning, but the bounce in US stocks pulled oil out of sessions lows. The bounce did not last long and by 2pm West Texas I..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-18 20:34
Taggar: oil, trading

Gates Foundation Partners With Former Ripple CTO's Blockchain Project


"The Bill and Melinda Gates Foundation has partnered with Coil, a startup founded by Ripple's former CTO, to provide payment services for the unbanked."

Blog: CoinDesk
Tidsstämpel: 2018-10-18 16:05
Taggar: bank, oil

Daily Markets Broadcast 2018-10-18


"Daily Markets Broadcast   2018-10-18 Wall Street lower as US yields rise post-FOMC minutes US indices consolidated the previous day’s strong gains with a mild retracement. Minutes of the last FO..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-18 04:16
Taggar: market, oil

Crude Oil Drops after Surprise US Weekly Buildup


"Oil prices fell on Wednesday after the release of the US weekly crude inventories. The report by the Energy Information Administration (EIA) showed a larger than expected buildup of 6.5 million barrel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-17 17:05
Taggar: oil, report

Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn


"Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base metals firm up on supply-side issues. Crude oil prices push higher amid geopolitical tensions w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-16 06:17
Taggar: dollar, gold, oil

Bitcoin After Death: The Perils of Sharing One?s Fortune


"If you are a young fortune-hunter toiling away on a computer in a basement, the prospect of death probably isn’t among your top considerations. Equally, if the main draw to crypto is its relativ..."

Blog: Bitcoin.com
Tidsstämpel: 2018-10-15 20:30
Taggar: bitcoin, oil, share

Oil Lower on Saudi Diplomacy and Supply Concerns


"Oil is lower on Monday after an eventful weekend that has the energy markets full of uncertainty. After public condemnation on the investigation of a missing journalist Saudi Arabia has launched a thr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-15 17:53
Taggar: market, oil

Oil Prices Rise but supply remains in foucs


"Oil futures rose Friday as global investors assessed the next leg for volatile stock markets, but signs of rising crude supplies contributed to an overall weekly loss of roughly 4%. November West Texa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-12 16:47
Taggar: market, oil

Friday night roundup from Singapore


"Singapore: Monetary Authority of Singapore  The most important news from my neck of the woods, SGD rallied after the central bank continued on their path to normalise. MAS steepened just 0.5%-pts to 1..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-12 16:21
Taggar: bank, bull, market, oil

Asia market update


"Oil update After hitting a massive speedbump over the past 48 hours or so, Oil investors are dipping their toes back into the no less certain waters as risk has tentatively stabilised. But prices rema..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-12 08:05
Taggar: oil, report

OPEC Oil Production Higher to Cover Iranian Drop


"Several OPEC members, led by Saudi Arabia and Libya, put enough new barrels on the market in September to offset a drop in production from Iran, where U.S. sanctions are whittling away at the nation&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-11 16:47
Taggar: market, oil, report

Oil Drops as OPEC Comments and Inventories in Spotlight


"Oil prices slumped to two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by an industry report showing U.S. crude inventories rising more than expected..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-11 16:44
Taggar: bear, market, oil, report

OPEC Says Market is Well Supplied


"OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group?s secretary-general said on Thursday, suggesting producers are in no rush to expand a June agreement that..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-11 15:42
Taggar: market, oil

Asia Market Update :Worst case scenarios abound


"Local traders remain the huge sellers of risk but are now pricing in worst case scenarios  *Japan Securities Clearing Corporation (JSCC): Emergency margin call triggered for Index Futures trading *Sou..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-11 07:23
Taggar: margin, market, oil, trading

Loonie Lower as USMCA High Fades


"The Canadian dollar is lower on Wednesday. The loonie is lost 0.38 percent versus the USD as lower oil prices and higher US yields put downward pressure on the currency. The IMF did not cut the growth..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-10 20:31
Taggar: currency, dollar, loonie, oil

Deep Web Roundup: 20 Years for ?Oxymonster,? New Darknet Monitoring Tool


"Two stories stand out in our latest trawl of the deep web for news that filters through to the cryptosphere. One concerns the sentencing of Dream vendor “Oxymonster,” whose controversial p..."

Blog: Bitcoin.com
Tidsstämpel: 2018-10-10 18:10
Taggar: bitcoin, oil

OANDA Trading podcast : CNH and IDR insights with MONEYFM 89.3


"Currency insights with Stephen Innes Head of Trading Asia What?s driving the Chinese yuan and Indian rupee lower, and oil prices higher? And will the Singapore dollar weaken after the MAS meets on Fri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-10 05:36
Taggar: currency, dollar, oil, trading

Oil update : Batten down the hatches


"Oil traded above $74 a barrel on concerns Hurricane Michael in the U.S. may exacerbate a supply crunch, while the International Energy Agency warned higher prices may put the world economy at risk. Fu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-10 04:34
Taggar: economy, oil

Mixed signals for oil in early Asia trade


"TOKYO, Oct 10 (Reuters) – Oil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as Hurricane Michael churned towards Florida, causing th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-10 03:56
Taggar: oil

Commodities Weekly: Sugar has biggest one-week rally in almost two years


"Soft commodities are mostly enjoying a revival from multi-month lows as weather-related issues raise supply concerns. Weather is also affecting crude oil and natural gas prices, while precious metals..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-09 06:22
Taggar: oil

Oil falls to $83 as Iran sanctions near


"Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. re-imposes sanctions, easing a strain on supplies. Two companies..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-08 18:02
Taggar: oil

India places order for Iranian oil ahead of US sanctions


"Two Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call from President Donald Trump’s administration for count..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-08 17:59
Taggar: oil

OANDA Trading podcast Oct 8 with BFM 89.9 Kuala Lumpur ,VIX in the mix


"Stephen Innes, Head of Trading in the Asia Pacific, OANDA, Singapore discusses China’s central bank has reduced the required reserve ratio for the fourth time this year, as Chinese markets are s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-08 05:14
Taggar: bank, market, oil, share, shares, trading

Oil drops 1 pct on US Iran waiver talk


"Brent crude oil prices fell by more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran?s oil exports next month, and as Saudi Arabia was said to be replacing..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-08 04:01
Taggar: bull, oil

OIL dips below Brent 84.00 on Saudi supply talk


"Oil in London extended losses below $84 a barrel after Saudi Arabia said it can tap its spare production capacity immediately to offset any declines in Iranian crude exports due to American sanctions..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-08 03:58
Taggar: oil

Oil Falls as Saudi Arabia and Russia Plan Output Increase


"Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs on a boost from imminent U.S. sa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-04 20:34
Taggar: oil, profit

Oil Caught Between Iranian Shortfall and OPEC Ramp Up


"Oil held near four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production boost from Saudi Arabia and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-04 15:52
Taggar: oil

Saudi -Russia supply , and a huge US inventory build tempers Oil bulls


"U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 30 cents, or 0.4 percent, at $76.11 a barrel. ?Data for last week showed a much more significant than expected … build in U.S. com..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-04 06:09
Taggar: oil, trading

GBP/CAD ? Vulnerable to further downside (video)


"Nick Batsford, CEO of Core London is joined by Craig Erlam, Senior Market Analyst at OANDA to discuss GBPCAD. Craig explains why he believes the pair could be vulnerable to further selling given the B..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-03 13:38
Taggar: market, oil

OIL Market flash : a new Axis of control for global supply ?


"Based on the latest Reuters exclusive headline Exclusive: Saudi Arabia, Russia agreed in September to lift oil output Reuters One could make a solid argument that the Axis of control for global supply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-03 13:11
Taggar: oil

Wall Street opens lower on Italian concerns


"U.S. stocks slipped at the open on Tuesday, with bank stocks the biggest drags, pressured by turmoil in European markets following an Italian lawmaker?s anti-euro comments and as relief from a reworke..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 15:54
Taggar: bank, market, oil, point

Oil Continues Rise as Supply Concerns Mount


"Oil prices were mixed Tuesday morning, even as crude prices held to near four-year highs amid growing signs of shrinking global supply. Brent crude, the global benchmark, was down 0.61% to $84.46 a ba..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 15:53
Taggar: oil, trading

Asia Wrap : decidedly risk off


"Oil After registering a four year high on the back of a slow down in U.S. drilling that compounded supply losses from Iran and Venezuela. Oil prices consolidated gains throughout most the Asia session..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 12:58
Taggar: currencies, oil, pound

Oil has sprung another gusher


"Rising oil prices aren?t great news for the car industry. If petrol becomes pricier, it may deter some consumers from buying a new motor. But another issue is casting a shadow over the Paris Motor Sho..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 10:33
Taggar: oil

OANDA Trading Asia market update : HSI,OIL ,XAU,JPY,EUR,CAD,GBP


"Hong Kong HSI is trading with a negative bias playing catch up from yesterday holiday in reaction to the weaker China PMI data. But at least for today, it?s more than apparent HK investors are in no m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 07:22
Taggar: market, oil, trading

OANDA Trading Podcast: MONEYFM 89.3 OIL markets and China risk


"What’s next for US-China, oil prices and other markets? Stephen Innes, Head of Trading for the Asia Pacific, Oanda, lays out what to expect. MONEYFM 89.3  "

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 06:47
Taggar: market, oil, trading

Commodities Weekly: Short gold positions increase as prices drop


"Gold is under the cosh from the dollar’s resurgence while oil prices surge due to the usual supply concerns. Most agriculturals rose on the back of the renegotiated trade deal between the US, Me..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 06:07
Taggar: dollar, gold, oil, point, short position

Higher oil price a boon to upstream activities in Malaysia


"Rising oil prices will be a boon to the local oil and gas (O&G) sector as production is expected to rise and producers seek to pump more crude from the available and new wells. Analysts also expe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-02 05:34
Taggar: oil

OPEC Could be Powerless to Stop $100 Oil


"OPEC kingpin Saudi Arabia is ill-equipped to prevent a supply shock in the energy market, analysts told CNBC on Monday, as oil traders prepare for the possibility of $100 a barrel before year-end. ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-01 15:10
Taggar: market, oil

The Ringgit trading neutral despite firm oil prices


"KUALA LUMPUR: The ringgit opened higher against the US dollar this morning as oil prices continued to soar. At 9 am, the local currency stood at 4.1350/1410 against 4.1370/1400 recorded at Friday̵..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-01 04:10
Taggar: currency, dollar, oil, trading

Brent trades near four year high


"SINGAPORE (Reuters) – Oil prices opened firmly on Monday, with Brent hovering close its highest in nearly four years ahead of U.S. sanctions against Iran that kick in next month. There had been..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-01 03:53
Taggar: oil

Oil?s the word


"Oil’s the word    Oil markets: frenzied action Oil has sprung another gusher overnight, and in roaring fashion clocked an eye-watering 3 % surge. Brent has hit $85 while WTI has hit $75.40 ̵..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-10-01 00:55
Taggar: market, oil

Trump called King Salman over the weekend to discuss oil supplies


"SHAFAQNA- Days after the U.S. president criticized OPEC for high oil prices at the United Nations General Assembly and he requested to stop raising prices, and to start lowering prices, Saudi state ne..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-30 14:44
Taggar: market, oil, report

OANDA Market Insights podcast (episode 33)


"OANDA Senior Market Analyst Alfonso Esparza reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: US Fed hike s rate, I..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-29 17:29
Taggar: market, oil, rate

Sinopec halves Iran loadings


"BEIJING/SINGAPORE, Sept 28 (Reuters) – China?s Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply wit..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-29 06:51
Taggar: oil

Oil Prices Steady as Saudi Supply Balances Iran Sanctions


"Friday ? 28 September 2018 Oil prices steadied on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other vital exporters increased production. Global crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-28 15:53
Taggar: oil

Oil prices score for a second consecutive monthly gain


"Oil futures rallied Friday on signs of tightening supplies, tallying a second monthly gain in a row, with global crude prices settling at another four-year high. ?Until sizable supply is offered up by..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-28 00:19
Taggar: bull, market, oil

Oil Rises but Limited by Strong Dollar


"Oil prices recovered from Trump singling out the OPEC’s influence on oil prices. Energy Secretary Perry said that the Administration would not be using the SPR to offset the disruption of Irania..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 20:14
Taggar: dollar, market, oil, rate

Oil Could Head to $100 if Iranian Crude Shortfall not Substituted


"President Donald Trump’s sustained bid to sanction Iranian crude exports could trigger a dramatic shortfall in global supply, strategists told CNBC on Thursday, amid renewed worries oil prices c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 17:14
Taggar: oil, rate

Oil Trades Higher as Supply Disruptions Not Easily Offset


"Oil edged higher on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in just five weeks? time. U.S. President Dona..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 17:09
Taggar: oil

Saudi Arabia Could Increase Production in the Background


"Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it might need to limit output next year to balance global sup..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 17:07
Taggar: market, oil

OANDA Trading Asia market wrap :: dazed and confused


"Dazed and confused  It was a hectic day in Asia as virtually everyone had a different read or take of yesterday’s FOMC. I guess we can assume that the extremely mixed trading session was a resul..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 11:53
Taggar: market, oil, trading

SPR release , Energy Secretary Rick Perry says not a chance !


"Bloomberg) — Oil surged on prospects of a supply crunch after the U.S. ruled out the release of emergency crude reserves, adding to concerns over potential losses in Iranian supplies. Futures in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 07:42
Taggar: oil

Oil rally sparking huge interest in Malaysia Oil and Gas


"The rise in the price of crude oil to a four-year high of US$80 (RM331.20) a barrel has lifted over 20 oil and gas (O&G)-related stocks on Bursa Malaysia. Bloomberg data shows five stocks have ri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 05:53
Taggar: market, oil

Oil prices back on the boil


"SINGAPORE (Reuters) – Oil prices rose on Thursday, lifted by looming U.S. sanctions against major crude exporter Iran Brent crude futures LCOc1 were at $82.04 per barrel at 0104 GMT, up by 70 ce..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-27 03:42
Taggar: oil

Decision Day : The FOMC looms


"US markets Major U.S. indexes closed mostly lower Tuesday ahead of the Federal Reserve Board rate decision, as airlines, transportation and shipping companies are feeling the squeeze from higher oil p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-26 02:10
Taggar: inflation, market, oil, rate, us market

WTI Lower After Trump Calls Out OPEC Hints at Using Oil Reserves


"Global benchmark crude futures climbed Tuesday, holding ground at four-year highs on expectations for tighter international supplies of oil. U.S. crude prices, however, eased back from the session?s b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 19:26
Taggar: oil, rate

Oil Rises as Supply Gap Will not be Filled in Short Term


"Oil prices are higher on Tuesday. In the aftermath of the Organization of the Petroleum Exporting Countries (OPEC) and Russia meeting in Algiers the supply picture has not changed. The sanctions again..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 16:09
Taggar: oil

Could OPEC even deliver near term barrels ??


"Commodities Crude prices continued to climb early on on the expected impact of U.S. sanctions on Iranian oil exports and suggestions from OPEC and other producers that they aren?t in a rush to increas..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 14:26
Taggar: oil

$100 per barrel oil ??


"Crude oil prices are set to continue rising after Brent crude vaulted over $US80 a barrel this week ? and forecasters are not ruling out the price hitting $US100 a barrel. “It would be easy to i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 08:56
Taggar: oil

OANDA Trading Asia markets update


"Oil Markets Oil prices have remained firm in Asia as a couple of additional narratives are forming Besides Saudi Arabia and Russia ruling out any expeditious supply increases at the Algeria meeting an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 07:11
Taggar: market, oil, trading

Headline overload


"US Markets Another case of headline overload overnight. US markets closed lower overnight due to some factors including, trade war phase 2, more political turmoil ahead of US midterm after reports sur..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-25 02:18
Taggar: market, oil, report, us market

The Ringgit remains insulated


"Meanwhile, Oanda Corp head of trading for Asia Pacific Stephen Innes said while local trade deficit currencies have been in speculators? cross-hairs, the ringgit has been relatively insulated on stron..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-24 12:48
Taggar: currencies, oil, trading

89.3 MONEY FM Singapore :OANDA Trading Podcast discussing Prime Minister Shinzo Abe?s third term win


"Stephen Innes, Head of Trading APAC at Oanda walks through what Prime Minister Shinzo Abe’s third term win means for Japan?s economy and its currency, plus a break down of oil prices. 89.3 MONEY..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-21 06:44
Taggar: currency, economy, oil, trading

Algiers in focus for oil traders


"SEOUL (Reuters) – Oil prices were little changed on Friday after falling in the previous session as U.S. President Donald Trump urged OPEC to lower crude prices at its meeting in Algeria this we..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-21 03:16
Taggar: oil

Mexican Peso Dragged Lower as Oil Falls on Trump?s OPEC Comments


"The Mexican peso fell on Thursday on the back of oil losses that were triggered by comments from US President Donald Trump. Oil fell after Trump targeted the Organization of the Petroleum Exporting Co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-20 19:06
Taggar: oil

Oil Falls After Trump Targets OPEC


"Oil fell after US President Trump targeted the Organization of the Petroleum Exporting Countries (OPEC) for not doing enough to keep crude prices low. This comes ahead of the organization’s meet..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-20 17:27
Taggar: oil

Credit Card Cartels Landed With $6.2 Billion Bill


"Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive..."

Blog: Bitcoin.com
Tidsstämpel: 2018-09-20 05:25
Taggar: bitcoin, mastercard, oil, visa

Released Current Account Data and Some Central Bank Decisions


"The dollar is steady to mostly softer. North America’s stock market rally on Tuesday carried over into Asia and Europe. The ten-year British gilt yield edged up 2 basis points, and gold firmed 0..."

Blog: Currency Thoughts
Tidsstämpel: 2018-09-19 14:43
Taggar: dollar, gold, market, oil, point

OIL wobbles on tariff announcement


"Bloomberg) — Oil dipped below $69 a barrel as heightened trade tensions between the world?s biggest economies stoked fears over economic growth and energy demand. Futures in New York dropped as..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-18 10:37
Taggar: oil

Oil Lower Awaiting Trade and Iran Tensions


"Oil prices were little changed on Monday as market participants weighed potential supply cuts from U.S. sanctions on Iran with deepening trade tensions between the United States and China that could d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-17 18:25
Taggar: market, oil

Oil Lower on Friday but Strong Weekly Gains on Disruption Concerns


"Oil fell 0.35 percent on Friday compounding on losses seen on Thursday, but will head into the weekend with a 1.09 percent gain. Supply disruptions have lifted prices after the 2014, be it the Organiz..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-14 17:36
Taggar: oil, pound

A bullish confluence in oil markets


"SINGAPORE (Reuters) – Oil prices slipped on Thursday, although U.S. crude remained above $70 a barrel on the back of falling crude inventories and Brent was still close to $80 because of looming..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-13 03:04
Taggar: oil

Edge of the seat type stuff !


"Edge of the seat type stuff! US Markets After wobbling most of the day in extremely choppy markets, the US equity market finished mostly higher supported by higher oil prices and news that the US has..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-13 02:02
Taggar: market, oil, us market

Oil Rises as Fragile Global Market Sensitive to Disruptions


"Oil prices surged to a 2018 high after the US weekly crude inventory reported showed a larger than expected drawdown. Weather and geopolitical factors also keep crude bid. Hurricane Florence has chang..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-12 18:36
Taggar: oil, report

Oil pushes higher; Equities sag


"Asian equity markets struggled to follow through on the positive close on Wall Street with most major indices in the red. The Nikkei225 slid 0.75%, Hang Seng 0.27% and China shares eased off 0.24%. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-12 05:45
Taggar: dollar, margin, market, oil, share, shares

Commodities Weekly: Gold short bets at highest in 17 years


"The dollar?s resurgence on safe haven buying after more Trump rhetoric on tariffs and firmer US yields on the back of a strong US jobs report is taking its toll on most precious metals. Copper and oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-11 05:43
Taggar: dollar, oil, report

Oil Price Drops after Weekly Report Show Higher Supply of Distillates


"The EIA report also showed U.S. crude oil exports fell by 271,000 barrels a day last week, to 1.5 million barrels a day. Mr. Navy said Thursday?s report on U.S. oil inventories wasn?t the only factor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-06 19:35
Taggar: oil, report

Oil Drops as Trade War Impact Looms Over Global Energy Demand


"Oil futures headed lower on Thursday, building on their losses for the week, pressured by concerns over a potential decline in global demand on the back of the U.S. trade dispute with China and econom..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-06 18:29
Taggar: market, oil

Canada: International merchandise trade, July 2018


"Canada’s merchandise trade deficit with the world narrowed from $743 million in June to $114 million in July, the smallest deficit since the most recent surplus in December 2016. Total exports r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-05 15:08
Taggar: oil

The Daily: Bitcoin Art Merges Canvas and Augmented Reality, Bitmain IPO Update


"In today?s edition of The Daily we feature an interesting art exhibition which merges augmented reality technology with oil paintings inspired by Bitcoin and cryptocurrency culture. We also cover upda..."

Blog: Bitcoin.com
Tidsstämpel: 2018-09-05 15:05
Taggar: bitcoin, currency, oil

Oil Higher After Weather Forces Supply Disruption in Gold of Mexico


"Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.60 a barrel from Friday’s close to a peak of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-04 16:51
Taggar: market, oil

Commodities Weekly: Oil supported as hurricane threatens production


"The hurricane season is approaching and is already having and impact on oil prices. The metals sector continues to struggle, apart from palladium, in the face of tariff war worries. The agricultural s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-04 06:09
Taggar: oil, trading

Oil : US Squeezes Iran


"The world?s top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that India?s foreign mi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-04 02:51
Taggar: oil

Iran Officially Recognizes Cryptocurrency Mining


"As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world?s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued..."

Blog: Bitcoin.com
Tidsstämpel: 2018-09-04 00:55
Taggar: bitcoin, currencies, currency, oil

I?m interested but not worried, oddly enough


"I’m interested but not worried, oddly enough Markets continue to roil as the September 6 deadline for public comments on the next slice of Section 301 of China tariffs approaches. But it’s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-04 00:26
Taggar: market, oil

Oman minister doesn?t see oil prices above $80 this year


"Oil prices are unlikely to break out of the mid-$70 level, Oman’s oil and gas minister told CNBC Monday, adding that he thought prices were currently “fair.” “I think for the r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-03 16:57
Taggar: dollar, oil

The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over 50% a Year


"In Monday?s edition of The Daily we cover the news that Bittrex exchange has invested in a new Malta-based trading platform aimed at institutions, and a research report which predicts that the crypto..."

Blog: Bitcoin.com
Tidsstämpel: 2018-09-03 11:05
Taggar: bitcoin, market, oil, report, trading

Oil price dip in early Asia trade


"Oil price dip in early Asia trade By Henning Gloystein  Reuters  @hgloystein U.S. West Texas Intermediate (WTI) crude futures were at $69.81 per barrel, virtually unchanged from their last settlement..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-03 03:10
Taggar: oil

Reuters: Venezuela?s Petro Has No Users, No Investors and No Oil to Back It Up


"The petro has stirred up a lot of debate among the cryptocurrency community, with some people who believe it is a successful example of using the technology to create resource-backed assets and bypass..."

Blog: Bitcoin.com
Tidsstämpel: 2018-09-02 17:55
Taggar: bitcoin, currency, financial, inflation, oil

Shanghai Oil futures are weighing in Western Benchmark volumes


"SINGAPORE (Reuters) – The launch of China?s first crude futures contract in Shanghai has added a long-awaited Asian benchmark to the global oil sector, challenging the dominance of Western price..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-09-02 13:57
Taggar: market, oil, share

Rising oil prices a risk for India?s economy


"The Indian economy is in for a rough ride, with rising oil prices set to continue weighing on its already-weakened currency, widen its deficit, and affect its growth outlook. Rebounding oil prices ? a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-29 16:34
Taggar: currency, economy, oil

Commodities Weekly: Oil at three-week high on supply concerns


"A less hawkish-sounding speech by Fed Chairman Powell at Jackson Hole pressured an already sliding dollar last week, and helped both metals and agricultural commodities to push higher. A more hopeful..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-28 06:21
Taggar: dollar, oil

Dollar Up against Turkish Lira but Down Versus Mexican Peso


"There’s been little net movement of the dollar against the euro (+0.1) or yen (-0.1%), loonie (+0.1%), or Aussie and New Zealand dollars (0.2). Sterling and the Swiss franc are each unchanged fr..."

Blog: Currency Thoughts
Tidsstämpel: 2018-08-27 13:52
Taggar: aussie, dollar, gold, loonie, oil

Saudi Arabia to Borrow $12B After Aramco IPO on Hold


"Saudi Arabia?s sovereign fund is set to borrow up to $12 billion from international banks after IPO plans for state energy group Saudi Aramco were put on hold, the Financial Times reported, citing sou..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-23 17:33
Taggar: bank, financial, oil, report

A Look at Venezuela?s Other Cryptocurrencies, While the Petro Takes Center Stage


"Financially troubled Venezuela, which is introducing the new, denominated, crypto-anchored ?sovereign bolivar? this week, is also the birthplace of a number of alternative coins beside the state-issue..."

Blog: Bitcoin.com
Tidsstämpel: 2018-08-21 17:05
Taggar: bitcoin, currencies, currency, financial, oil

Michelle Mone?s ICO Ends in Disarray as Equi Capital Fiasco Turns Ugly


"Equi Capital?s ICO has ended in acrimony, with bounty hunters claiming to have been offered a pittance of what they were promised. The project is led by Baroness Michelle Mone, who describes herself a..."

Blog: Bitcoin.com
Tidsstämpel: 2018-08-16 01:05
Taggar: bitcoin, oil, rate

SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token


"The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who ?perpetrated a fraudulent initial coin offering (ICO) to fund oil expl..."

Blog: Bitcoin.com
Tidsstämpel: 2018-08-15 15:50
Taggar: bitcoin, oil, rate

Markets digest Turkish troubles with heightened risk over next 24-hours


"Wednesday August 15: Five things the markets are talking about Global equities traded mixed overnight as market risk appetite continues to be tested by Turkey’s induced turmoil. U.S Treasuries p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-15 12:42
Taggar: currency, currency pair, market, oil

American Refineries on Track to Beat Oil Processing Record this Year


"American oil refineries are running full tilt to meet insatiable demand for gasoline and diesel at home and abroad. Refineries processed a record-high 18 million barrels of crude per day in early July..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-14 19:56
Taggar: oil

Phew! Turkey bashing takes a break for now


"Tuesday August 14: Five things the markets are talking about Tuesday sees a tentative reprieve for global equities in the wake of Turkey’s induced turmoil and the forex market has managed to sta..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-14 12:39
Taggar: finance, forex, forex market, market, oil, report

Commodities Weekly: Gold below $1,200 as Turkey tremors boost dollar


"Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from supply overhangs while metals continue to take t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-14 05:56
Taggar: dollar, gold, oil

Euro touches lowest in more than a year as Turkey effect continues


"Turkey says it has an action plan The EUR touched a 13-month low versus the US dollar as trading got underway this week, with markets preparing for more turmoil involving the Turkish lira. The seeming..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-13 04:20
Taggar: bank, currency, dollar, economy, market, oil, trading

Reuters Poll Shows Loonie Rising But NAFTA a Question Mark


"Canada?s dollar will rise over the coming year as the Bank of Canada hikes interest rates and higher oil prices become more supportive of the currency, a Reuters poll showed, but it will take a NAFTA..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-09 18:46
Taggar: bank, currency, dollar, foreign exchange, oil, rate

USD/CAD Canadian Dollar Lower after Flight to Safety from Investors


"NAFTA Optimism not Lifting Loonie The Canadian dollar is lower on Thursday awaiting employment data to be released early on Friday. The diplomatic row between Canada and Saudi Arabia continues as both..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-09 17:02
Taggar: dollar, employment, loonie, oil

Oil Prices Now Depend on Iranian Response to US Sanctions


"A wave of sanctions on Iran snapped back into place this week, giving commodity bulls a reason to believe higher oil prices are in the offing. While commodity traders are focused on the impact of Iran..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-08 20:19
Taggar: bull, market, oil

EUR/USD Consolidates amid Light Macroeconomic Data


"EUR/USD consolidated today, looking for direction. The current session was light in terms of macroeconomic data in the United States, providing no help for the ..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2018-08-08 17:24
Taggar: currency, currency pair, market, oil

Oil Rises After Iranian Sanctions Come into Effect


"Oil prices rose on Tuesday with revived U.S. sanctions against major crude exporter Iran expected to tighten global supply. Brent crude oil futures were up 75 cents to $74.50 per barrel at 1337 GMT an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-07 16:51
Taggar: oil

Commodities Weekly: Oil prices firmer as Iran sanctions set to kick in


"Oil prices are edging higher on supply concerns involving both Saudi Arabia and Iran while hot, dry weather across the northern hemisphere is having an effect on anticipated harvests in the agricultur..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-07 05:52
Taggar: oil

Chinese Oil Trading Arm Suspends Imports of US Oil


"China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing, three sources famil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-03 15:30
Taggar: oil, trading

Oil Could Head to $90 If Iranian Supply Disrupted


"Oil prices could soon rally above $90 a barrel amid growing concerns over the prospect of steep declines in Iranian crude, according to industry analysts. Brent crude was on track to post a fourth wee..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-03 15:27
Taggar: oil

Dumping Risk or panic attack?


"Dumping Risk or panic attack? Risk sentiment has gone in the tank on the continued rhetoric around Trump’s scheme to raise China tariffs to 25% instead of 10% with China claiming they will retal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-08-02 17:54
Taggar: market, oil

Canada: GDP by industry, May 2018


"Real gross domestic product (GDP) was up 0.5% in May, after increasing 0.1% in April. The rise was widespread as 19 of 20 industrial sectors registered increases. The output of goods-producing industr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-31 15:14
Taggar: oil, spread

Wall of worry builds around the US tech sector 


"Wall of worry builds around the tech sector  US equity markets continue to absorb Facebook’s swoon which is weighing down FAANG’s ahead of Apple earnings announcement on Tuesday. Indeed th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-30 22:13
Taggar: announcement, bank, market, oil, us market

Oil Rises Above $70 Ahead of Central Banks


"Oil prices rose back above $70 a barrel on Monday, with U.S. crude on pace for its best one-day dollar gain in over a month, after four weeks of losses for the benchmark. The contract to deliver inter..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-30 20:36
Taggar: dollar, oil

Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be ?New Oil? for Kazakhstan


"In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users? devices to mine XMR; the vice president of the Blockchain and Crypto Technology As..."

Blog: Bitcoin.com
Tidsstämpel: 2018-07-30 01:45
Taggar: bitcoin, oil

Yen Loses Safe Haven Appeal


"The trade is familiar to investors worldwide: in times of turmoil, rush for cover by buying the Japanese yen. This year a global trade row has erupted, Donald Trump has lamented the dollar?s strength..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-24 21:08
Taggar: dollar, financial, market, oil

Iran Could Retaliate if US Blocks Oil Exports


"Iran?s foreign ministry reportedly said it would implement countermeasures against the U.S. if it tries to block its oil exports. “If America wants to take a serious step in this direction it wi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-24 15:54
Taggar: oil, report

Oil Drops After Oversupply Concerns Take Over


"Oil prices pulled back in volatile trading on Monday as both crude benchmarks fell after rallying more than $1 a barrel early in the session on escalating tensions between the U.S. and Iran. Brent cru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-23 20:19
Taggar: oil, trading

Oil Could Hit $200 if War Breaks Out Between US and Iran


"Military conflict between the United States and Iran would threaten to shut the world’s busiest seaway for oil exports and send crude prices to all-time highs, perhaps even to $200 a barrel, acc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-23 18:18
Taggar: oil

Oil Higher After Trump Iran Threats


"Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the Br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-23 16:15
Taggar: oil

Next Week


"Central Banks: Monetary policy reviews at the European Central Bank (followed by ECB President Draghi’s press conference) and in Turkey, Hungary, Colombia, Chile and Russia. St. Louis Fed Presid..."

Blog: Currency Thoughts
Tidsstämpel: 2018-07-20 20:58
Taggar: bank, bull, finance, home sales, oil

Bitcoin Skeptic Peter Schiff to Joe Rogan: BTC Will Plummet, Voorhees Debate Rigged


"At the hour and twenty four minute mark, slightly more than half way in their time together, famed bitcoin (BTC) skeptic Peter Schiff brought the conversation back to his favorite foil: cryptocurrenci..."

Blog: Bitcoin.com
Tidsstämpel: 2018-07-20 08:45
Taggar: bitcoin, currencies, oil

Commodities Weekly: Oil tumbles on supply/demand dynamics


"Oil has been the biggest mover this week with the US-China trade war continuing to undermine the global demand outlook, despite an upbeat assessment of the US economy by Fed Chairman Powell. Gold is s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-17 08:27
Taggar: dollar, economy, gold, oil

Dog Days of Summer ? (OANDA Trading Podcast Money FM 89.3)


"Stephen Innes Head of Trading at OANDA APAC tells Michael Switow what oil, the RMB, gold and Netflix have in common. And the rest of the market movers   Money FM 89.3    "

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-17 01:10
Taggar: gold, market, oil, trading

Oil Drops After US May Grant Waivers to Iran Oil Purchases


"Oil prices extended early losses on Monday, with U.S. crude dropping below $69 a barrel, after Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplie..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-16 17:51
Taggar: oil

Oil Ends Week Lower on End of Supply Disruptions


"Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. Brent crude LCOc1 was do..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-13 17:32
Taggar: oil

Oil Lower After IEA Says Supply Stretched to the Limit


"Oil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world?s oil supply cushion ?might be stretched to the limit? due to production..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-12 16:40
Taggar: oil

Oil Flat After US Considers Waivers to Iran Oil Sanctions


"Oil prices were mixed on Tuesday, as price gains on supply concerns in Norway and Libya were tempered by the United States? indication that it would consider requests for waivers from Iranian oil sanc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-10 22:21
Taggar: oil

Dark Web Alleged Silk Road Conspirator Handed to US Authorities


"Dark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Once on US soil, he will face charges levied against him five years ago in connect..."

Blog: Bitcoin.com
Tidsstämpel: 2018-07-08 10:20
Taggar: bitcoin, oil

Oil Falls With Higher Saudi Production and Trade Tensions


"Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and China, despite support from oil supply disruptions. Top exporter..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-07-06 15:53
Taggar: oil

Softer Dollar? No Respite from Trade War Threat


"A left-leaning candidate and critic of U.S. President Trump, Andrea Manuel Lopez Obrador, scored a huge win in Mexico’s presidential election with a majority 53% of the popular vote. Terms are f..."

Blog: Currency Thoughts
Tidsstämpel: 2018-07-03 17:24
Taggar: oil, oil trading, trading

June and Second Quarter 2018 in Figures


"The dominant market themes in June and 2Q were a sharp rise in the price of oil and a strengthening dollar, neither of which belongs in a recipe to accomplish President Trump’s quest to reduce t..."

Blog: Currency Thoughts
Tidsstämpel: 2018-06-29 01:27
Taggar: dollar, market, oil

Iran and US Drawdown Push Oil to $74


"Pumpjacks operating near Ruehlermoor, Germany. Getty Images Pumpjacks operating near Ruehlermoor, Germany. U.S. oil prices rose to a three-and-a-half year high on Thursday, bolstered by supply concern..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-28 20:50
Taggar: oil

Indian Rupee Hits Record Low on Trade Fears


"India’s rupee is the latest currency to be dragged down by fears that a trade war could hurt global economic growth. The rupee dropped to a record low against the US dollar on Thursday, a slide..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-28 20:48
Taggar: currency, dollar, economy, oil

Stocks decline on trade worries; oil rallies


"Wednesday June 27: Five things the markets are talking about Lingering concerns about trade is keeping global equities muted, although gains in oil prices have been supporting stocks of oil-and-gas co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-27 13:16
Taggar: market, oil, trading

Apple pie and Harley Davidson


"Apple pie and Harley Davidson US equity markets are slightly higher as Trade worries subsided despite a volley of tweets from President Trump threatening Harley Davidson’s with import taxes on a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-27 02:14
Taggar: bull, dollar, market, oil

Crude Falls on Monday After OPEC Agrees to Increase Production


"Brent crude oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production. Despite the incre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-25 19:22
Taggar: market, oil

OPEC Agrees to Increase Production by 1M Barrels


"OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-22 16:50
Taggar: oil, rate

All eyes on OPEC


"Oil edges higher ahead of OPEC meeting All eyes today will be on the OPEC meeting as producers discuss whether and how much to increase production by now that the targets of its previous 1.5 million b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-22 12:40
Taggar: oil

Stocks, EUR rally on data; oil higher ahead of OPEC meet


"Friday June 22: Five things the markets are talking about Euro equities are on the rise, along with U.S stock futures, as Euro manufacturing and services data this morning beat analysts? expectations..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-22 12:15
Taggar: market, oil

Iran Could Reach OPEC Oil Output Compromise


"Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members of the need for a larger rise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-20 20:51
Taggar: oil

OPEC Divided on Increasing Oil Supply


"OPEC kingpin Saudi Arabia is struggling to convince some of the world’s largest oil producers over the need to increase oil output ahead of a key meeting on Friday. The Middle-East-dominated oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-20 16:43
Taggar: oil

Oil Market Awaits China Decision to Increase Tariffs on US Crude


"Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude. China, which has bought an average 3..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-20 16:40
Taggar: market, oil

Monetary Policy on Hold at Central Bank of Chile


"The monetary policy rate has been 2.5% since four 25-basis point cuts implemented within the first five months of 2017, and yesterday’s decision announced late in the day again resulted from a u..."

Blog: Currency Thoughts
Tidsstämpel: 2018-06-14 16:58
Taggar: inflation, oil, point, rate

India and China Looking to Diversify Away from OPEC Oil


"Two of Asia?s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC?s dominance in the world?s biggest oil market. India and China are discussing ways to boost imports..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-14 15:43
Taggar: market, oil

Trump Blames OPEC for High Oil Prices


"U.S. President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming OPEC for high oil prices and Tehran accusing him of stoking volatility after he withdrew las..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-13 17:48
Taggar: oil

Oil Drops on Surprise Inventories Increase


"Oil prices fell on Wednesday on signs Saudi Arabia and other big producers may increase production, and U.S. crude slid more than 1 percent on a surprise build in domestic crude stockpiles. U.S. crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-06 18:10
Taggar: oil

Southern Europe?s bond yields fall as calm returns


"Italy?s bond market continued its recovery on Monday as investors took comfort for now from the creation of a government in Rome that ends months of political turmoil, while the risk of more U.S. rate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-04 14:57
Taggar: market, oil, rate

BCH Powered Charity ?Eat BCH? Starts Feeding People in South Sudan


"Back in April, news.Bitcoin.com reported on a charity called Eat BCH that?s been feeding the hungry in Venezuela with food purchased with bitcoin cash (BCH) donations. Since then the group has also st..."

Blog: Bitcoin.com
Tidsstämpel: 2018-06-03 03:20
Taggar: bitcoin, oil, report

OANDA Market Insights Podcast With Jazz FM


"OANDA Senior Market Analysts Craig Erlam and Alfonso Esparza look back at the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week: Italy turmoil, Trum..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-06-01 20:56
Taggar: market, oil

India Rejects Venezuelan Crypto Despite 30% Discount


"The government of India has formally rejected Venezuela?s state-backed cryptocurrency, the petro, despite an attempt to entice India with a 30% discount. Dependent on the Latin American country?s oil..."

Blog: Bitcoin.com
Tidsstämpel: 2018-06-01 07:40
Taggar: bitcoin, currency, oil, pound

EUR/USD Volatile amid Geopolitical Uncertainty


"EUR/USD was rather volatile today, attempting to rally intraday but trading near opening level now, as traders were digesting news about political turmoil in Europe and reports tha..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2018-05-31 18:20
Taggar: oil, report, trading

Italy Crisis Could Be Worse Than Greece and Brexit


"Italy’s political turmoil could hit the continent harder than the Greek financial crisis and the Brexit vote, according to the finance minister of Latvia. A week of political turbulence in Italy..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-31 14:41
Taggar: finance, financial, market, oil

As Risk Sentiment Improves Dollar Bulls Sell


"Thursday May 31: Five things the markets are talking about Global equities are currently receiving some investor appreciation, rebounding from a two-month trough along with the EUR as the political tu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-31 12:26
Taggar: dollar, financial, market, oil

EUR/USD Recovers As Political Concerns Ease


"EUR/USD was falling at the start of the Wednesday’s trading session, but managed to halt the decline, and is now rallying. The reason for the ra..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2018-05-30 16:12
Taggar: oil, trading

Oil Falls After OPEC Looks to Increase Supply


"Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no sign of slowing. Brent crude futures LCOc1 stood at $75.02 a barrel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-28 19:13
Taggar: oil

US Market Opens Lower After Oil Price Drop


"U.S. stocks opened slightly lower on Friday following a steep drop in oil prices and disappointing corporate results that soured sentiment at the end of a week dominated by concerns over North Korea a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-25 15:48
Taggar: oil, point, rate

Little Market Reaction to Trump?s Decision to Call Off Summit with Kim


"Markets have taken President Trump’s decision not to meet Jung Un Kim in Singapore on June 12 surprisingly calmly. North Korean official did not escalate the disagreement, indicating instead a c..."

Blog: Currency Thoughts
Tidsstämpel: 2018-05-25 13:37
Taggar: market, oil

Tezos Community Petitions to End the Class Action Lawsuits


"Tezos was conceived as a governance-based blockchain to rival Ethereum, but it?s become more synonymous with protracted legal battles and internecine conflict. As the latest class action lawsuit drags..."

Blog: Bitcoin.com
Tidsstämpel: 2018-05-25 05:05
Taggar: bitcoin, oil

U.S is a Net Energy Importer from Canada


"Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-23 15:03
Taggar: oil, trading

Turkish Lira Collapse Continues


"Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. U.S Treasuries, along wi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-23 12:00
Taggar: dollar, market, oil

Will Oil Sanctions Follow For Venezuela?


"The U.S. is almost certainly preparing to impose targeted crude sanctions against Venezuela, analysts told CNBC on Monday, in a move likely to constitute a “devastating” blow for the oil-d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-21 14:39
Taggar: oil, spread

A test of the breakouts


"A test of the breakouts  This week should be all about contesting and consolidating last week’s significant breakouts in 10 year UST, EURUSD, USDJPY and Oil Prices. And despite weekend inspired..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-21 02:22
Taggar: oil

OANDA Market Insights Podcast With Jazz FM


"OANDA Senior Market Analyst Craig Erlam and Jazz FM Business Breakfast presenter Jonny Hart look back at the week’s business and market news. This week: Italy deal spooks EU, Oil climbs ever hig..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-18 20:38
Taggar: inflation, market, oil

Trump Not Hopeful of Trade Deal With China


"President Donald Trump said Thursday that he doubts high-stakes trade negotiations with China will succeed.”Will that be successful? I tend to doubt it,” the president told reporters durin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-18 15:35
Taggar: oil, report

GBP/CAD ? How Much Lower Will it Go? (Video)


"Nick Batsford, CEO of Core London is joined by Craig Erlam, Senior Market Analyst at OANDA to discuss the GBPCAD chart and whether the fundamentals support the moves we’re seeing. US and Oil Dat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-16 17:03
Taggar: cpi, market, oil, pound

OECD Inventories Below 5-Year Average According to IEA


"Commercial oil stocks in industrialized economies have fallen to their lowest level in three years, the International Energy Agency said Wednesday, in the latest sign that the global supply glut has b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-16 15:32
Taggar: market, oil, report

Iran and Venezuela Could Keep Oil Elevated


"Potential oil supply disruptions in Iran and Venezuela have prompted oil traders to focus on geopolitics rather than fundamentals, the International Energy Agency (IEA) said in its latest monthly repo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-16 15:15
Taggar: oil, report

Oil Stabilizes After Hitting Multi-Year Highs


"Oil prices steadied below 3-1/2 year highs on Monday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S. drilling pointed to higher North Am..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-14 15:34
Taggar: oil, point

OANDA Market Insights With Jazz FM


"OANDA Senior Market Analyst Craig Erlam and Jazz FM Business Breakfast presenter Jonny Hart look back at the week’s business and market news. This week: Trump dumps Iran deal, UK rates on hold a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-11 20:53
Taggar: consumer confidence, loonie, market, oil, pound, rate

Oil Market Volatility Expected to Remain High


"Fasten your seat belts. Dramatic swings in the oil market may soon become the norm. After a prolonged period of low prices and relative calm, oil watchers are predicting a surge of volatility followin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-11 20:38
Taggar: market, oil

US Stocks on Course For Perfect Week


"Oil Rally Aids Rebound in US Indices It?s been a relatively calm start to trading on Friday, bringing an end to what has actually been a similarly quiet week, despite the US? decision to withdraw from..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-11 14:31
Taggar: announcement, market, oil, trading

US CPI takes the dollar off the boil


"US CPI takes the dollar off the boil Currency Markets U.S. Consumer Price Index increased 0.2 percent in April, less than the 0.3 percent rise projected. Naturally, there was a bit of disappointment f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-10 01:40
Taggar: bull, cpi, currency, dollar, inflation, market, oil, point, price index

US Stocks Rises Driven by Higher Oil Prices


"U.S. stocks rose on Wednesday, with shares of energy companies getting a boost from surging oil prices after President Donald Trump decided to pull the United States out of a nuclear deal with Iran. T..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-09 16:32
Taggar: oil, share, shares

Iran Saudi Tensions to Escalate After US Ends Iran Deal


"President Donald Trump’s withdrawal from the Iran nuclear deal is likely to exacerbate tensions between two of the world’s biggest oil producers at next month’s OPEC meeting, one ana..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-09 16:21
Taggar: oil

Oil Highest Since 2014 as US Exits Iran Deal


"Oil Gains Drive US Futures Higher It?s been a relatively positive start to trading in Europe on Wednesday, with much of the attention falling on US President Donald Trump?s decision to withdraw from t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-09 14:08
Taggar: oil, trading

Trump Announcement Eyed as Stocks Slip Again


"Oil Pares Gains Ahead of Iran Decision US futures are tracking their European counterparts lower ahead of the open on Tuesday, as traders await an announcement from US President Donald Trump on Iran..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-08 14:54
Taggar: announcement, oil

Oil Down & Dollar Up Ahead of Trump?s Announcement on Iran Nuclear Deal


"President Trump’s decision is scheduled for 14:00 EDT (GMT 18:00). He is widely expected to pull the United States out of the deal. West Texas Intermediate crude oil has traded 1.4% lower and is..."

Blog: Currency Thoughts
Tidsstämpel: 2018-05-08 14:18
Taggar: currencies, dollar, oil

GE-14 and the MYR Risk ( OANDA Podcast via BFM Radio Kuala Lumpur)


"What is the market’s pricing into the upcoming Malaysian polls tomorrow? Stephen Innes, Head of Trading in Asia-Pacific, OANDA  shares his views on this. He also talks about the Ringgit, USD fun..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-08 05:59
Taggar: market, oil, share, shares, trading

Trump to Announce Iran Decision Tuesday Afternoon


"Trump faces a May 12 deadline to either continue suspending sanctions targeting Iran’s oil exports or snap the penalties back into place. Refusing to grant the sanctions relief would imperil the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-07 21:41
Taggar: oil

Oil Rises on Venezuela and Iran Concerns


"Oil prices rose to their highest levels since late-2014 on Monday, boosted by fresh troubles for Venezuelan oil company PDVSA and a looming decision on whether the United States will re-impose sanctio..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-07 16:20
Taggar: oil

U.S Dollar Bulls Take Firm Control


"Monday May 7: Five things the markets are talking about The U.S dollar remains in the ‘black’ ahead of the open stateside, reversing most of its earlier losses in the overnight session. Eu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-07 12:16
Taggar: dollar, market, oil, trading

FOMC Preview


"Since the 25-basis point federal funds target interest rate hike to a range of 1.50-1.75% on March 21, the 10-year Treasury yield has risen another 7 basis points on balance, the price of WTI oil has..."

Blog: Currency Thoughts
Tidsstämpel: 2018-05-02 16:44
Taggar: dollar, oil, point, rate

BP CFO Says Oil Prices Could be Headed for Correction


"Oil prices look to have climbed to unsustainable levels and could soon start to fall away from multi-year highs, BP’s chief financial officer (CFO) told CNBC Tuesday. Crude futures stood within..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-01 16:14
Taggar: financial, oil

CAD Rebounds on Strong Economic Growth


"Canadian economic growth increased 0.4 percent in February on a rebound in mining and oil and gas extraction, Statistics Canada said on Tuesday. The service-producing sector edged up 0.1 percent in Fe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-05-01 15:25
Taggar: oil

Geopolitics Back in Driving Seat of Energy Prices


"Following the 2014 crash in oil prices, a number of leading market commentators concluded that the era of geopolitics mattering for the oil market was over. In their view, short-cycle U.S. production..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-30 20:02
Taggar: market, oil

Tighter G14 Race in Malaysia than expected ( OANDA Podcast BFM Radio Kuala Lumpur)


"MARKETS PRICE IN MORE COMPETITIVE GE14 Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore gives his insights on the Regional Comprehensive Economic Partnership and its potential impact. ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-30 07:09
Taggar: market, oil, share, shares, trading

PR: Aramcocoin Launches Crypto Commodity Coin


"Aramco Ltd. is a private company based out of the United Kingdom and Saudi Arabia. Aramco Coin has created the ARM token in order to allow people to invest in a cryptocurrency that has some intrinsic..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-25 19:30
Taggar: bitcoin, currencies, currency, oil

GBP/USD ? Pound Under Pressure as US Bond Yields Rise


"The British pound has posted small gains in the Wednesday session, erasing the gains seen on Tuesday. In North American trade, GBP/USD is trading at 1.3945, down 0.23% on the day. The sole event on th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-25 19:06
Taggar: oil, pound, trading

US Weekly Inventories Show Large Buildup


"U.S. crude oil and gasoline inventories unexpectedly rose last week even as exports hit record highs, the Energy Information Administration said on Wednesday in an overall bearish report that raised s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-25 17:42
Taggar: bear, oil, report

CAD at 3 Week Low Following US Yield Rise


"The Canadian dollar weakened to a three-week low against its U.S. counterpart on Wednesday as oil and stock prices fell, while the greenback added to recent gains against a basket of major currencies..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-25 16:08
Taggar: currencies, dollar, oil

EUR/USD ? Euro Posts Small Losses, ECB Policy Statement Next


"EUR/USD has posted slight losses in the Wednesday session, erasing the gains seen on Tuesday. Currently, the pair is trading at 1.2212, down 0.17% on the day. It’s a quiet day on the release fro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-25 12:17
Taggar: oil, rate, trading

Oil prices and US Yields to dictate the pace this week


"Oil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal wi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-22 01:44
Taggar: consumption, financial, oil, price index

Trump Goes After OPEC


"U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets.?Looks like OPEC is at it again,? Trump said on Twitter, not lo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-20 16:21
Taggar: market, oil

Bank of Canada Could Hold Rates Amid Trade Uncertainty


"The Canadian dollar is one of the best performers in the month of April versus the US dollar. The loonie has appreciated more than 4 percent versus the greenback as the softness in the USD has combine..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-17 03:50
Taggar: dollar, employment, loonie, oil

Oil Falls After Syrian Concerns Ease With Bonds Rising


"Oil prices fell sharply and government bond yields rose on Monday on expectations that the weekend?s missile attacks on Syria would not mark the start of greater Western involvement in the conflict. E..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-16 16:13
Taggar: market, oil, share, shares

Risk Fatigue is setting in( Stephen Innes head of trading APAC on BFM Radio Kuala Lumpur)


"Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore Stephen gives his opinions on: – Middle East tensions and whether the markets have priced them in – Impact of these tension..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-16 06:35
Taggar: market, oil, trading

OPEC Expects Oil Production to Rise as Global Demand Grows


"The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from rivals who have be..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-12 17:13
Taggar: oil

Oil Rise Result of Various Factors


"A recent rally in oil prices to multi-year highs is about much more than the deepening crisis in Syria, analysts told CNBC Thursday. Crude futures soared to highs not seen since December 2014 on Wedne..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-12 16:37
Taggar: oil

Venezuela Approves Decree on the Use of Cryptocurrencies


"Venezuela’s National Constituent Assembly has approved the decree on the use of cryptocurrencies and the country’s new ?oil-backed” currency, after repeatedly declaring the Petro ill..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-09 00:55
Taggar: bitcoin, currencies, currency, oil

Bitcoin in Brief Sunday: Stablecoin v Stablecoin


"Today?s Bitcoin in Brief provides some leisurely Sunday reading for anyone who has a life to live outside of crypto. We curate the best stories from the past 24 hours and condense them into a daily di..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-08 06:30
Taggar: bitcoin, oil, rate

Bitcoin in Brief Friday: Satoshi?s Birthday and Tezos Turmoil


"Welcome to the Friday edition of Bitcoin in Brief. The fourth instalment of this new feature from news.Bitcoin.com is the most eclectic yet, encompassing everything from Satoshi Nakamoto?s faux birthd..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-06 06:30
Taggar: bitcoin, oil

Bitcoin vs Oil and Gold: There Is a Difference


"It?s an easy comparison to make: Bitcoin mining versus gold and oil extraction. All – in the abstract sense for bitcoin – involve unearthing resources, all have had bumpy price histories..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-05 05:10
Taggar: bitcoin, gold, oil

Oil Drops as Geopolitical Anxiety Fades


"Oil prices turned sharply lower in thin trading on Monday, as the geopolitical concerns that underpinned last week’s rally faded. International oil prices had risen towards $70 a barrel in overn..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-02 16:59
Taggar: oil, trading

Oil Price bounce higher in APAC trade


"SINGAPORE ? Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran. U.S. WTI crude futures we..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-04-02 02:54
Taggar: oil

NY Legal Firm Launches Cryptocurrency Litigation Tracker


"New York-based legal firm, Morrison Cohen LLP, has launched what it calls the ?Moco Cryptocurrency Litigation Tracker.? The tracker seeks to provide updates and information on all active legal proceed..."

Blog: Bitcoin.com
Tidsstämpel: 2018-04-01 19:14
Taggar: bitcoin, currency, oil, report

Stock Sell-Off Triggers Decline in US Yields


"Bond bulls just sent a friend request to Facebook Inc.The turmoil around the social media company — and technology stocks in general — has forced 10-year Treasury yields out of a 20-basis-..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-28 15:25
Taggar: bull, oil, point

Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies


"Bitfinex has announced that it will not list or transact Venezuela?s new ?oil-backed cryptocurrency? or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the..."

Blog: Bitcoin.com
Tidsstämpel: 2018-03-28 01:00
Taggar: bitcoin, currencies, currency, investment, oil, report

OPEC and Russia Working on Long Term Energy Deal


"OPEC and Russia are working on a long-term deal to cooperate on oil supply curbs that could extend controls over world oil supplies by major exporters for many years to come. Saudi Crown Prince Mohamm..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-27 16:50
Taggar: oil, rate

China Launches Oil Futures


"Two of the world?s biggest oil traders gave China?s crude futures contract a go on its long-anticipated trading debut.Commodity giants Glencore Plc and Trafigura Group were among foreign participants..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-26 16:52
Taggar: oil, trading

Venezuelans to Buy Homes and Property with State Cryptocurrency


"Venezuelans will be able to buy houses and other property with their new national cryptocurrency. Real estate deals in petro will be authorized in April, President Maduro announced. The government wil..."

Blog: Bitcoin.com
Tidsstämpel: 2018-03-25 19:00
Taggar: bitcoin, currency, finance, oil, real estate

Rubles Can Buy You Petro Maduro Says While Denominating Venezuela?s Currency


"El Petro, the Venezuelan cryptocurrency, can now be purchased with Russian rubles, among other fiat currencies, President Nicolás Maduro announced. Companies from many countries, including the United..."

Blog: Bitcoin.com
Tidsstämpel: 2018-03-23 22:35
Taggar: bitcoin, currencies, currency, oil

USD/CAD ? Canada?s loonie gets a NAFTA Lift


"Wednesday March 21: Five things the markets are talking about Global equities have traded mixed overnight despite the U.S dollar operating under pressure as the market waits for the Federal Reserve?s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-21 12:32
Taggar: dollar, market, oil

EUR/USD Declines for Third Day as Markets Prepare for Fed Hike


"EUR/USD fell for the third day in a row despite turmoil in the US government. The dollar got some support from today’s macroeconomic reports, which were good f..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2018-03-16 17:58
Taggar: dollar, oil, rate, report

A Brief Look at the Slovakia Crisis


"Slovakia’s government has moved a step closer to breaking point amid allegations of high-level corruption following the double murder of a young investigative journalist and his partner.The cent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-16 17:05
Taggar: oil, point

Russia Vows to Retaliate to UK Expulsion of Diplomats


"Russia said on Thursday it would retaliate very soon for Britain?s expulsion of 23 diplomats as Moscow and London traded public insults about a nerve toxin attack on a former Russian double agent in E..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-15 15:37
Taggar: oil

Tensions Grow Between UK and Russia


"Russia’s foreign minister has accused the U.K. of behaving in a “high-handed” and “misleading” manner after Downing Street implicated Moscow in the attempted murder of a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-14 17:39
Taggar: oil

Markets Look for a Second Opinion on U.S Inflation


"Tuesday March 13: Five things the markets are talking about European equities are drifting following a mixed session in Asia and the ‘mighty’ U.S dollar is steady as capital markets wait f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-13 12:33
Taggar: dollar, inflation, market, oil, report

NFP Causes EUR/USD Confusion and Brief Rally


"The US dollar had been strengthening against the euro during today’s trading session right until the monthly employment report was released by the US Bureau of Labo..."

Venezuela Picks FX Platform to Auction Petro ?Oil-Backed Cryptocurrency?


"Venezuela has chosen a platform on which to auction its ?oil-backed cryptocurrency?, the petro. While the country’s National Assembly has repeatedly declared this new currency illegal, the Venez..."

Blog: Bitcoin.com
Tidsstämpel: 2018-03-07 23:25
Taggar: bitcoin, currencies, currency, foreign exchange, oil

Oil Flat After US Weekly Crude Inventories Inline with Expectations


"Oil prices pared some of their losses Wednesday after the U.S. Energy Information Administration reported that domestic crude supplies rose by 2.4 million barrels for the week ended March 2. Analysts..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-07 18:47
Taggar: oil, report

Trumps Tariff Pushback Dents Trade War Fears


"Tuesday March 6: Five things the markets are talking about Global equities have extended their rebound overnight as investors judge the recent selloff sparked by global trade fears as a tad overdone..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-06 13:37
Taggar: dollar, market, oil

IEA Expects Shale Oil Surge in Next 5 Years


"U.S. shale oil output is set to surge over the next five years stealing market share from OPEC producers and moving the United States, once the world?s top oil importer, closer to self sufficiency, th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-03-05 19:30
Taggar: market, oil, share

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries


"The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had rais..."

Blog: Bitcoin.com
Tidsstämpel: 2018-03-01 22:00
Taggar: bitcoin, currency, dollar, oil

US Crude Production Rises to All Time High


"U.S. oil production surged to an all-time high in November, topping the previous record set nearly half a century ago, government data showed on Wednesday. The nation’s drillers pumped 10.057 mi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-28 20:28
Taggar: oil, report

Crude Drops After Bigger Drawdown than Expected on Weekly Inventories


"Oil prices fell more than 1 percent on Wednesday and gasoline futures tumbled, after the U.S. government said crude inventories rose more than expected while gasoline stocks posted a big build instead..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-28 19:38
Taggar: oil

US Stocks Down on Healthcare and Rate Anxiety


"Wall Street?s main indexes pared early gains on Wednesday, weighed down by losses in energy and healthcare stocks Oil prices fell more than 1 percent after data showed a surprise build in U.S. crude i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-28 19:37
Taggar: oil

New ?Sovereign? Cryptocurrency Will Be Legal Tender in the Marshall Islands


"The Republic of the Marshall Islands (RMI), an island country located near the equator in the Pacific Ocean with a population of about 50,000, is poised to become the first sovereign nation to issu..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-28 17:14
Taggar: bank, bitcoin, currencies, currency, dollar, market, oil, point, rate

UK Set to Become Net Crude Exporter


"For all the talk of aging oil fields and shrinking production, the U.K. is about to achieve a surprising feat: it?s on the brink of becoming a net crude oil exporter for the first time in 14 years. To..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-27 14:28
Taggar: oil

Oil Rises on Libyan Disruption


"Oil prices climbed on Monday, looking to extend gains made last week on the back of halted production at a Libyan oil field and an unexpected drop in U.S. crude stockpiles. West Texas Intermediate cru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-26 20:55
Taggar: oil

Op Ed: What Do We Mean When We Talk About the "Blockchain Ecosystem??


"Ethereum has just announced its Ethereum Community Fund (ECF) grant program, an initiative launched by a collection of major players in the Ethereum world that is designed to accelerate the develop..."

Poland Refutes Reports of Its Interest in Venezuela?s Oil-Backed Cryptocurrency


"Poland’s Ministry of Finance has refuted reports that it is interested in the petro, the Venezuelan ?oil-backed? currency. Earlier this month, Venezuela reportedly claimed that a handful of coun..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-26 14:00
Taggar: bitcoin, currency, finance, oil, report

Venezuelan Government Opens School to Teach Citizens About Cryptocurrencies


"The Venezuelan government has opened a school in the capital city to teach its citizens how to buy, sell, and mine cryptocurrencies, including courses on the nation’s oil-backed currency, the pe..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-25 19:30
Taggar: bitcoin, currencies, currency, oil

Week in Review for February 23, 2018: Sidechains, Stings and Venezuela


"In the past week, news from Venezuela was at the forefront, where crypto mining is way up due to cheap electricity. But their stab at launching their own crypto, the Petro, is not looking like a gr..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-24 01:05
Taggar: bitcoin, currencies, currency, inflation, manufacture, oil, point, profit, rate

Venezuela?s On-and-Off Love Affair With Cryptocurrency Mining: It?s Complicated


"If you want to see first hand how cryptocurrency functions in a market outside of speculative investing, right now, Venezuela is an interesting place to look.?Venezuela could become a case study re..."

Oil Data Firm Platts Rolls Out Commercial Blockchain Platform


"Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain network for sharing oil inventories."

Blog: CoinDesk
Tidsstämpel: 2018-02-22 14:10
Taggar: market, oil

Four Arrested Following Taiwanese Crypto Robbery


"Taiwanese police have arrested four men after a bitcoin robbery worth five million Taiwanese dollars (approximately $170,000 USD). The case has been described as the first of its kind in Taiwan by aut..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-22 01:57
Taggar: bitcoin, dollar, oil

Venezuela Launches ?Petros? Cryptocurrency Amid Growing Skepticism


"With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency.The cryptocurrency is designed to bypass U.S..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-21 18:25
Taggar: bitcoin, currency, inflation, market, oil, rate, trading

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million


"Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirm..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-21 07:07
Taggar: bitcoin, currencies, currency, oil

Oil Mixed with WTI Rising Due to Canadian Pipeline Issues


"Oil prices were mixed Tuesday, with the U.S. benchmark gaining ground on its global counterpart thanks to Canadian pipeline problems. West Texas Intermediate futures for April delivery CLJ8, +0.10%  r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-20 22:09
Taggar: oil

Bitcoiner Faces Charges After Selling BTC to an Undercover Cop


"On February 9, 2018, officials from U.S. Immigration and Customs Enforcement (ICE), the investigative arm of the Department of Homeland Security, arrested Morgan Rockcoons (aka ?Morgan Rockwell? or..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-19 22:04
Taggar: bank, bitcoin, financial, manufacture, oil, profit, rate

Op-ed: How Decentralized Protocols Are Threatening Traditional Business Models


"Corporates, suits and CEOs of traditional companies beware: decentralized protocols powered by blockchain technology are redefining your traditional business models, and you should be worried. Busi..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-19 17:03
Taggar: bank, bitcoin, currency, margin, market, oil, profit, rate, share, shares, spread

U.S. CPI Rises More Than Forecast on Apparel Costs


"U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades, adding to signs of an inflation pickup that have roiled financial markets this mon..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-14 15:54
Taggar: financial, inflation, market, oil, price index

US Shale Producers Could Wreck OPEC Led Oil Price Stability


"Big oil producing nations have nearly achieved their goal of draining a prolonged oil glut after taking some bitter medicine: cutting the crude production that funds their governments. But with victor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-13 20:23
Taggar: oil

Oil Drops Ahead of Weekly Inventories


"Oil prices slid more than 3 percent on Friday as U.S. futures fell below $60 a barrel for the first time since December on renewed concerns about rising crude supplies. U.S. and Brent crude futures ha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-13 19:04
Taggar: oil

Cryptocurrency Exchange?s $170 Million Nano Coin Loss Sparks Outrage


"On Friday, February 9, 2018, Italian cryptocurrency exchange BitGrail announced that ?internal checks revealed unauthorized transactions which led to a 17 million Nano [XRB] shortfall, an amount fo..."

Blog: Bitcoin Magazine
Tidsstämpel: 2018-02-13 14:58
Taggar: announcement, bitcoin, currencies, currency, market, oil, rate, report, trading

Fragile Market Conditions


"Stocks rose, and the ten-year Treasury yield of 1.84% is five basis points below the recent peak. However, the rhetoric of comments about the market sounds unconvinced that last week’s extreme t..."

Blog: Currency Thoughts
Tidsstämpel: 2018-02-12 18:30
Taggar: market, oil, point

Oil Prices Drop on Friday as Higher Production Looms


"Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly loss in 10 months, as record-high U.S. crude output added to concerns about a sharp rise in global supplies. The d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-09 18:36
Taggar: inflation, market, oil

UK Trade Deficit Grew in December


"A rise in oil prices and higher imports contributed to a widening of the UK’s goods trade deficit in December. The gap between exports and imports rose to £13.6bn, the Office for National Statis..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-09 18:35
Taggar: oil, rate

Record Outflows For US Stock Funds


"U.S. stock funds saw a record $23.9 billion withdrawn by investors in the last week, according to new data, as the turmoil in global stock markets saw traders shun equities in favor of perceived safe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-09 11:34
Taggar: market, oil

Venezuela Found Foreign Investors for Petro Cryptocurrency Pre-Sale Starting This Month


"Venezuela says it has found a number of foreign investors for the pre-sale of its ?oil-backed? national cryptocurrency, the petro. Starting this month, Venezuela is expected to pay companies from Braz..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-08 18:30
Taggar: bitcoin, currency, oil

Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency


"Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states. "

Blog: CoinDesk
Tidsstämpel: 2018-02-07 19:45
Taggar: currency, oil

Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform


"Venezuela’s president Nicolas Maduro has invited all OPEC nations to jointly develop a platform for the trading of oil-backed cryptocurrencies. Venezuela is preparing for a pre-sale of the petro..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-07 03:22
Taggar: bitcoin, currencies, currency, oil, trading

EUR/USD Declines Despite German Coalition Deal


"EUR/USD declined today even as German Chancellor Angela Merkel managed to secure a deal to form a coalition government. The dollar was extremely strong today even though..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2018-02-07 00:15
Taggar: dollar, oil

US Secretary of Treasury Says He is Closely Following Financial Markets


"Treasury Secretary Steven Mnuchin said Tuesday the White House is closely following the turmoil in financial markets, but administration officials are not that concerned. “We’re monitoring..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-06 19:39
Taggar: financial, market, oil

Equities Slump Deepens; Dollar Steady


"Monday February 5: Five things the markets are talking about Global stocks have extended their biggest decline in two-years overnight while the ‘big’ dollar steadies outright against G10 c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-02-05 13:24
Taggar: currency, currency pair, dollar, market, oil

Tezos Has a New Board, But What Does It Mean for the Money?


"Tezos may be embroiled in a back-room brawl, but what does this mean for the funds raised at ICO? The answer to that question isn't so clear."

Blog: CoinDesk
Tidsstämpel: 2018-02-02 07:00
Taggar: oil

Evidence of Intensifying Price Pressure Around the World


"The dominant theme of manufacturing PMIs for January was a further significant pickup in cost pressure related to a variety of factors such as more elevated oil prices, faster growth in demand than ca..."

Blog: Currency Thoughts
Tidsstämpel: 2018-02-01 18:33
Taggar: dollar, oil

Venezuela Releases Petro Whitepaper Ahead of ?$5 Billion ICO?


"Venezuela?s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale..."

Blog: Bitcoin.com
Tidsstämpel: 2018-02-01 11:33
Taggar: bitcoin, currency, oil

Dollar Weaker on Shrinking Central Bank Divergence and US Trade Stance


"A persistently weak dollar is confounding currency traders and roiling global financial markets. Investors across asset classes are feeling the effects of the buck?s rocky start to the year, with the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-31 20:04
Taggar: currency, currency trade, dollar, financial, market, oil

Oil Analyst Warns of Speculative Bubble


"If the man who called the 2015 crude collapse is right, the oil market could be the next area to see a sharp pullback. Oil, which is seeing its best start to a year since 2006, has entered a danger zo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-31 20:01
Taggar: market, oil

Oil Mixed After Surprise Drawdown in US Oil Inventories


"Oil prices fell on Wednesday for a third day, after the U.S. Energy Department said oil inventories rose for the first time in nearly three months, though crude futures remained on track for the fifth..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-31 19:59
Taggar: oil

Venezuela's President Announces 'Petro' Token Pre-Sale


"The president of Venezuela has said the pre-sale of the country's proposed oil-backed cryptocurrency will launch next month."

Blog: CoinDesk
Tidsstämpel: 2018-01-31 18:00
Taggar: currency, oil

Venezuela Announces Whitepaper and Pre-Sale of Its Oil-Backed Cryptocurrency Petro


"Venezuela’s president Nicolás Maduro has announced the pre-sale of his country’s national oil-backed cryptocurrency, the petro. In addition, he has presented and signed the official petro&..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-31 10:58
Taggar: bitcoin, currencies, currency, oil

Could WTI reach USD 70.00 per barrel ?


"By Sara Israfilbayova From a fundamental perspective, the continuous fall in the U.S. oil inventories is driving market given the positive global growth narrative, Stephen Innes, Head of FX Trading fo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-31 08:53
Taggar: fx trading, market, oil, trading

Bungling Bitcoin Thieves Foiled by Quick-Witted Trader


"Last week mainstream media reported on Britain?s first armed bitcoin robbery. Thieves were said to have broken into the home of high profile trader Danny Aston, tied up his girlfriend, and forced him..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-31 02:30
Taggar: bitcoin, currency, oil, report

Draining the Punch Bowl


"Draining the Punch Bowl Tuesday?s session was all about the cross-asset selling of equities, oil, and bonds as bear ?steepener? returned in vogue. The USD dollar remained tethered to a yo-yo string pu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-30 00:57
Taggar: bear, dollar, market, oil

FX Platform Integral Now Covers Bitcoin, BCH and a Dozen More Cryptocurrencies


"As more FX traders are demanding access to the hottest market these days, all banks and brokers will have to respond sooner rather than later to keep their clients. Institutional technology providers..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-26 08:12
Taggar: bank, bitcoin, brokers, currencies, financial, fx trade, market, oil

Oil Company Wants to Sell Bitcoin ATMs to Casinos, Stock Jumps 60%


"Despite the warnings of the Israeli regulator that it won’t tolerate bitcoin to get somehow backdoor listed on the Tel Aviv Stock Exchange, public companies keep pivoting into the field. The lat..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-25 06:55
Taggar: bitcoin, oil, rate

Oil Market?s on firm footings


"SINGAPORE, Jan 24 (Reuters) – Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-24 03:37
Taggar: oil

Oil prices up on Baker Hughes and Turkey escalations


"SINGAPORE (Reuters) – Oil prices climbed on Monday, pushed up by a drop in U.S. drilling activity and by fighting in Syria between Turkish forces and Kurdish fighters. Brent crude futures were a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-22 03:41
Taggar: oil

US Dollar Vulnerable to Political Drama


"Central banks and growth indicators to feature alongside Washington Turmoil The USD dollar remains weak versus most majors due to the downward pressure from the threat of a government shutdown. The Ho..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-19 00:51
Taggar: bank, dollar, indicators, oil

Oil Rises After 6.9 Million Barrel Drawdown in US


"Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-18 19:24
Taggar: oil, report

OPEC Forecasts Higher Oil Production from non Members


"OPEC has raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage U.S. shale drillers to pump more, offsetting an OPEC-led deal to clear a supply glut and a deep..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-18 17:04
Taggar: oil, report

US Stocks Open Higher But Lower Oil Hits Energy Sector


"Wall Street?s main indexes opened little changed on Thursday as energy stocks took a hit from lower oil prices. The Dow Jones Industrial Average .DJI rose 13.58 points, or 0.05 percent, to 26,129.23..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-18 17:03
Taggar: oil, point

Is the Oil Output Deal Working Too Well?


"When OPEC and Russia meet this weekend to review their strategy for clearing a global oil glut, they?ll face an unusual problem: it could be working just a bit too well.As their output cuts, coupled w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-18 14:25
Taggar: market, oil, rate

Oil Seen Struggling Above $70


"Oil prices were stable on Thursday, supported by tighter inventories of crude as well as rebel threats of an attack on Nigeria?s petroleum industry, but the market was weighed down by a reported rise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-18 11:45
Taggar: market, oil, report

Venezuela Considers Selling Its ?Oil-Backed? Cryptocurrency With a 60% Discount


"The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-17 17:25
Taggar: bitcoin, currency, oil

Gold Nudges higher as weaker USD momentum builds


"Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced. Asian stocks stepped b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-17 06:00
Taggar: bull, currencies, dollar, gold, oil, rate, share, shares

Oil prices remain firm in APAC


"In an effort to tighten markets and prop up prices, the Organization of the Petroleum Exporting Countries (OPEC) and Russia started to withhold production in January last year, and the cuts are set to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-17 04:13
Taggar: market, oil

Oil Rises on Slow US Holiday Trading


"Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of ?red flags? due to surging U.S. product..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-15 16:56
Taggar: oil, trading

How Far Can Brent and WTI Rally Go?


"Another week of rising oil price and another record for money manager bets on gains. But can it last?With wagers on rising West Texas Intermediate and Brent crude futures mounting to new highs and the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-15 13:28
Taggar: bull, market, oil

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency


"Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the i..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-14 22:32
Taggar: bitcoin, currency, oil, rate, trading

Ringgit looks poised to extend gains


"KUALA LUMPUR: The ringgit is likely to advance to the 3.95 level against the US dollar next week, prompted by the robust trade data released recently on the back of firmer crude oil prices and the wea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-13 13:00
Taggar: dollar, industrial production, oil, trading

Venezuela Will Pre-Mine Its Cryptocurrency Petro and Launch in 6 Weeks


"One day after Venezuela?s oil-backed cryptocurrency was declared illegal, the government of president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in si..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-11 19:05
Taggar: bitcoin, currency, oil, rate, trading

EIA forecasts mostly flat crude oil prices and increasing global production


"EIA?s January Short-Term Energy Outlook forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017. In both 2018 and 2019, EIA ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-11 16:18
Taggar: consumption, oil

Signs of Fatigue in the Oil Patch ?


"Bearish signals include a rise in fuel inventories as well as a fall in refined products profits in Asia, which are expected to hamper orders for new feedstock crude. U.S. gasoline stocks USOILG=ECI r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-11 04:03
Taggar: bear, margin, oil, profit

Venezuela's Planned Petro Cryptocurrency 'Illegal,' Says Congress


"Venezuela's opposition-run congress has declared that a planned new oil-backed cryptocurrency called the petro is illegal."

Blog: CoinDesk
Tidsstämpel: 2018-01-10 12:00
Taggar: currency, oil

Venezuela?s Oil-Backed Cryptocurrency Declared Illegal


"The Venezuelan parliament has declared the oil-backed cryptocurrency created by President Nicolas Maduro illegal and in violation of the country’s Constitution. Maduro’s decree to create t..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-10 10:00
Taggar: bitcoin, currency, oil, rate, trading

Oil Price Rose on Tuesday Ahead of US Inventory Data


"Oil prices edged higher on Tuesday, with U.S. crude touching its highest since December 2014, supported by OPEC-led production cuts and expectations that U.S. crude inventories have dropped for an eig..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-09 19:32
Taggar: oil

Oil extends gains in APAC


"OIL EXTENDS GAINS The dollar held on to its gains against major peers, consolidating its recent mini-rebound with the euro unable to make inroads despite data showing eurozone economic sentiment at it..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-09 06:33
Taggar: bank, dollar, oil

Malaysian Ringgit Outlook


"The ringgit broke RM3.99 against the greenback yesterday due to the weakening US dollar, rising oil prices and strong export data which helped bring the currency to a 19-month high. The local currency..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-09 05:43
Taggar: currency, dollar, oil

Oil Unchanged as US Production Rises


"Oil prices were little changed on Monday, trading near their highest since May 2015, as political concerns in some OPEC nations offset projections for higher U.S. oil production. ?Oil prices are finel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-08 20:21
Taggar: oil, rate, trading

Ringgit Trades Below the key 4.0 vs USD


"SINGAPORE (Jan 8): Ringgit strengthens to fresh 16-month highs as oil prices and Asian stocks continue to advance. * Combination of USD weakness and firming oil prices appears to have been enough to b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-08 12:25
Taggar: oil, trading

Maduro Orders the Issue of 100M Petros, Venezuela?s Oil-Backed Cryptocurrency


"The first issue of Venezuela?s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro?s miners where he will release the w..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-06 14:30
Taggar: bitcoin, currency, oil, trading

Iranian Bitcoin Adoption Surges Amid Political Protests and Censorship


"Reports are indicating that Iranian bitcoin adoption is continuing to grow despite the current political turmoil gripping the nation. Also Read: Bitcoin Use in Iran Welcomed by Nation?s High Council o..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-05 17:57
Taggar: bitcoin, oil, report, spread

Oil Keeps Rising as Iran Concerns Heat Up and US Weather Factors In


"Oil rose above $68 a barrel to its highest since May 2015 on Thursday after unrest in Iran raised concerns about supply risks, with support also coming from OPEC-led output cuts and demand-boosting co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-04 17:28
Taggar: oil

Commodities on Longest Ever Winning Streak


"Commodities are forging a record-setting run of gains that straddles the end of 2017 and the start of the new year as crude oil notches multiyear highs and investors bet that booming global manufactur..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-04 16:49
Taggar: oil

India Faces Rising Oil Prices and Central Bank Policy as Main Macro Risks


"Rising oil prices and hawkish policy from its central bank are the two biggest risks for India’s economy in 2018, a financial expert told CNBC on Wednesday. The increasing price of oil is “..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-03 18:21
Taggar: bank, economy, financial, oil

Oil Rises to 2 Year High on Iranian Protests


"Oil prices eased on Tuesday after hitting mid-2015 highs in early trading, as major pipelines in Libya and the UK restarted and U.S production soared to the highest in more than four decades. It was t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-02 21:00
Taggar: oil, trading

Oil Steadies as Iran Protests Spread


"Oil steadied after a second annual increase, supported by concern that protests in Iran could lead to a supply disruption in OPEC?s third-biggest member.Futures were little changed in New York after a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-02 16:18
Taggar: oil

Iran Protests Lift Oil To Start The Year


"Oil finishes the year positively and receives a boost in Asia as protests in Iran escalate and spread across the country. Oil ended 2017 on a positive note, as falling inventories globally and strong..."

Blog: OANDA Forex Blog
Tidsstämpel: 2018-01-02 08:45
Taggar: oil, spread

Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency


"The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government?s plans for the new currency, including its..."

Blog: Bitcoin.com
Tidsstämpel: 2018-01-01 06:00
Taggar: bitcoin, currency, oil, trading

Everything You Ever Wanted to Know About Privacy Coins


"With over 50 privacy coins on the market, purveyors of anonymous transactions are spoilt for choice. This smorgasbord of privacy-centric coins can be a little overwhelming though. To help you pick the..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-30 10:30
Taggar: bitcoin, market, oil

Our Top 5 Bitcoin ?Good News? Stories of 2017


"When the history of Bitcoin and blockchains is written, 2017 will be the year tagged as the ?turning point? when Bitcoin and ?red hot? blockchain technology went mainstream. The steadily rising bit..."

Blog: Bitcoin Magazine
Tidsstämpel: 2017-12-29 20:20
Taggar: bitcoin, currencies, currency, gold, investment, market, oil, point, profit, share, trading

Scant Data and News as Yearend Draws Closer


"The euro rose slightly against the dollar and yen. Oil settled back but remains above $59.00 per barrel. Gold is littloe changed, and 10-year U.S., German and British sovereign debt yields are margina..."

Blog: Currency Thoughts
Tidsstämpel: 2017-12-27 16:23
Taggar: dollar, gold, margin, oil, point

New UK Oil Field Offers Relief After Outages


"A new U.K. North Sea oil field came online last week, offering one of the country?s largest independent operators some relief from a pipeline halt that forced a significant portion of the region?s out..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-27 14:43
Taggar: oil

US Oil Hits $60 For First Time Since 2015


"Oil prices surged to more than 2½-year highs Tuesday on reports that a pipeline explosion in Libya has disrupted a big chunk of the country’s crude supply.International benchmark Brent crude ros..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-27 14:38
Taggar: oil, report

Boxing Day


"The extended Christmas holiday left many markets closed, including Britain, many Continental European centers, Canada, Australia, New Zealand and South Africa. Commodity prices, both oil and precious..."

Blog: Currency Thoughts
Tidsstämpel: 2017-12-26 18:18
Taggar: employment, market, oil, rate

Chinese Programmer Arrested Over ¥20 Million Bitcoin Theft


"The news channel of China Central Television, CCTV13, reported this weekend that the Zhongyuan Oil Field Public Security Bureau of Henan Province (Henan Police) has been investigating a report filed b..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-26 12:55
Taggar: bitcoin, oil, report

USD/CAD Canadian Dollar Lower Ahead of US Senate Tax Overhaul Vote


"The Canadian dollar depreciated on Wednesday as oil prices were volatile and the US dollar advanced spurned by the approval of the tax bill by the US House of representatives. The US Senate vote could..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-19 23:31
Taggar: dollar, oil

US Shale to Increase Production Next Year


"America’s shale drillers are poised to ring in the new year with strong growth in the U.S. oil patch, according to the latest forecast from the Department of Energy. Crude oil production from se..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-18 21:46
Taggar: oil

US Shale to Increase Production Next Year


"America’s shale drillers are poised to ring in the new year with strong growth in the U.S. oil patch, according to the latest forecast from the Department of Energy. Crude oil production from se..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-18 21:46
Taggar: oil

Canadian TSX Venture Exchange Approves Crypto-Mining Company HashChain to Launch Monday


"On December 18, 2017, HashChain Technology, a cryptocurrency mining company, went public for the first time on the TSX Venture Exchange under the ticker symbol KASH, joining at least eight other cr..."

Blog: Bitcoin Magazine
Tidsstämpel: 2017-12-18 20:07
Taggar: bitcoin, currencies, currency, market, oil, point, profit, rate, share, shares, trading

Nigeria Strike and Force Majeure by Ineos support crude


"SINGAPORE (Reuters) – Oil prices rose on Monday amid an ongoing North Sea pipeline outage and because a strike by Nigerian oil workers threatened its crude exports. Signs that booming U.S. crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-18 10:44
Taggar: oil, point

Nigeria Strike and Force Majeure by Ineos support crude


"SINGAPORE (Reuters) – Oil prices rose on Monday amid an ongoing North Sea pipeline outage and because a strike by Nigerian oil workers threatened its crude exports. Signs that booming U.S. crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-18 10:44
Taggar: oil, point

Ringgit slightly weaker at the open in thin trading


"KUALA LUMPUR, Dec 18 ? The ringgit opened lower against the US dollar today on weak demand for the local note. At 9 am, the local unit stood at 4.0820/0870 from 4.0780/0810 on Friday?s close. OANDA He..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-18 03:36
Taggar: dollar, oil, trading

PR: Cedex ? Transforming Diamonds into a Tradeable Asset


"There are well established markets for trading the vast majority of commodities that are significant to the global economy. This includes everything from oil to gold to even soybeans. But there is one..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-15 20:30
Taggar: bitcoin, economy, gold, market, oil, trading

Monero Mining Malware Hits Russian Pipeline Giant Transneft


"The world's largest oil pipeline reportedly had some of its computer systems affected by cryptocurrency mining malware."

Blog: CoinDesk
Tidsstämpel: 2017-12-15 19:50
Taggar: currency, oil, report

U.S Industrial Output Increases 0.2% in November


"U.S. industrial production rose less than expected in November as a drop in utilities output offset a post-hurricane rebound in the oil and gas industries and the third consecutive monthly advance for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-15 16:18
Taggar: industrial production, oil

Tezos Foundation Board Member Quits as Lawsuits, Allegations, Tensions Mount


"And then there were two. The historic, crowdfunded initial coin offering (ICO) start-up Tezos raised a quarter billion USD this summer, and to much acclaim. Now it?s embroiled in three class-action su..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-15 10:30
Taggar: bitcoin, oil

Shale to Make Life Hard For OPEC Again in 2018 According to IEA


"“We see that 2018 might not be quite so happy for OPEC producers, ” the Paris-based organization said in its latest monthly report Thursday.The IEA said that there were signs that the rise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-14 14:23
Taggar: oil, report

Ringgit Holds Steady


"KUALA LUMPUR: The ringgit closed marginally lower against the US dollar today on lack of demand despite firm crude oil prices, a dealer said. At 6pm, the local unit was quoted at 4.0850/0880 against t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-13 12:43
Taggar: dollar, margin, oil

Forties Pipeline to be Shut Down Weeks


"One of the UK’s most important oil pipelines is still expected to be shut down for “weeks rather than days”, as first images of the repair site were released. The Forties pipeline ca..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-12 16:31
Taggar: oil

Oil Rises After North Sea Pipeline Disruption


"Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market. World stocks took a br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-12 16:28
Taggar: market, oil

Oil?s Rally Falters After Kuwait Comments


"Oil is under pressure in  Asia after comments from Kuwait over the weekend. Oil continued its sideways consolidation on Friday, as both Brent and WTI rode the coattails of a general commodities rally..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-11 07:43
Taggar: oil

Ludicrous Headlines About Bitcoin Mining Will Kill Us All


"To proponents, the words ?bitcoin mining? are synonymous with security, value, and financial freedom. To exponents, those same words evoke images of burning tyres, oil slicks, and crying kittens. To s..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-10 16:55
Taggar: bitcoin, financial, oil

Dead Cat Bounce For Oil In Europe


"Oil prices have recovered slightly in Europe but are far below the massive selloff levels from overnight, and the pain may not be over yet. Oil prices tanked overnight with Brent falling 2.20% and WTI..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-07 11:16
Taggar: oil

WTI prices stumble after gasoline inventory shocker


"By Henning Gloystein ( Reuters Singapore)  @hgloystein SINGAPORE (Reuters) – Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude produc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-07 03:04
Taggar: market, oil

USD/CAD Canadian Dollar Drops After BoC Keeps Rate Unchanged Signals Caution


"The Canadian dollar depreciated on Wednesday after a wait-and-see statement from the Bank of Canada (BoC) and falling oil prices. The BoC kept its benchmark interest rate unchanged at 1.00 percent. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-06 00:05
Taggar: bank, dollar, inflation, oil, rate

PetroBLOQ Becomes Latest Member of Enterprise Ethereum Alliance


"Oil and gas supply chain management platform PetroBLOQ has joined the Enterprise Ethereum Alliance."

Blog: CoinDesk
Tidsstämpel: 2017-12-05 13:00
Taggar: oil

Venezuela Announces the Creation of Oil-Backed National Cryptocurrency ? the Petro


"Venezuela’s president Nicolás Maduro has announced the creation of the country’s national cryptocurrency. It will be called the Petro and will be backed by the nation’s oil, gold, ga..."

Blog: Bitcoin.com
Tidsstämpel: 2017-12-04 10:30
Taggar: bitcoin, currency, gold, oil

OPEC?s Rubber Stamp Leaves Oil Lukewarm


"OPEC’s summit passes without incident as the production cut extension was rubber-stamped and Libya and Nigeria are brought into the fold. The oil market breathed a sigh of relief as the OPEC/Non..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-12-01 09:40
Taggar: market, oil

Next Week


"Central Bank Policy Reviews: Australia, Brazil, Canada, India, Poland, and Serbia. Purchasing Managers Surveys: Private domestic, non-oil, or manufacturing PMIs for November to be released for South A..."

Blog: Currency Thoughts
Tidsstämpel: 2017-12-01 00:59
Taggar: bank, oil, rate

OPEC Extends Production Cut Deal to 2018 Crude Stable


"Oil fell on Thursday, giving up earlier gains after OPEC members agreed to extend curbs on output to the end of next year at a meeting in Vienna, though a final deal hinges on the decision of non-OPEC..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-30 18:29
Taggar: oil

Oil Traders Get Ready To Sing O(PEC) Vienna


"Vienna readies for OPEC decision day as markets see a final shuffling of the positioning chairs before today’s fireworks. Crude oil had a very choppy session overnight as the street chased its t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-30 08:38
Taggar: market, oil

Ringgit lower at the open but still near 52 week highs


"KUALA LUMPUR: The ringgit was lower against the US dollar early Thursday, weighed down by the decline in the oil prices, dealers said. At 9 am(0100gmt), the local unit was traded at 4.0840/0890 agains..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-30 03:45
Taggar: dollar, oil, trading

CNBC Survey Says OPEC Expected to Extend But US Shale Will Grow


"OPEC is expected to extend its agreement with Russia and other non-OPEC countries to curb production, even as U.S. shale production and exports continue to grow, according to a CNBC oil survey. About..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-29 18:34
Taggar: market, oil

Crude Remains Sleepless In Singapore Ahead Of OPEC


"Crude oil’s quiet session today suggests the street is in wait and see mode for tomorrows OPEC meeting.  Oil has settled into wait and see mode overnight with both contracts finishing ever so sl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-29 09:46
Taggar: oil

Oil markets struggle as cracks in OPEC form


"By Henning Gloystein * Extended OPEC-led production cuts are priced in -traders * But doubts over Russia?s willingness to extend cuts emerge * API reports surprise climb in U.S. crude inventories * Bu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-29 04:38
Taggar: economy, oil, report

Jim O?Neill Thinks Brent Could Surge to $80


"Closely followed economist Jim O’Neill thinks Brent crude oil might surge to $80 a barrel in the next year before falling back to roughly $60 by next November. That would mark a 26 percent run-u..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-27 18:34
Taggar: oil

OPEC Set to Announce Extension of Production Cut


"OPEC ministers head to Vienna on Thursday to decide whether to extend output cuts beyond March next year. The prospect, however, of an alliance breakdown between the world’s two largest oil prod..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-27 18:28
Taggar: oil

Baker Hughes Gives WTI The Blues


"Oil trading shows signs of life in Asia trading with,  WTI dropping on a higher Baker Hughes while Brent holds steady. The price action in crude diverged in Asia this morning with WTI falling 0.40% to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-27 06:00
Taggar: oil, oil trading, trading

USD/CAD Canadian Dollar Lower as Oil Price Falters


"USD/CAD Canadian Dollar Lower as Oil Price Falters The Canadian dollar depreciated on Monday after oil prices fell more than 1 percent at the start of the week. Higher supply in North America and conc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-27 00:36
Taggar: dollar, oil

OPEC and Russia Agree on Outline of Output Cut Extension


"OPEC and Russia have crafted the outline of a deal to extend their oil production cuts to the end of next year, although both sides are still hammering out crucial details, according to people involve..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-24 14:32
Taggar: oil

Has Putin Become OPEC?s Most Influential Player?


"For more than half a century, Saudi Arabia?s oil minister could move markets with a few choice words about what OPEC may decide at its next meeting, generating millions if not billions of dollars of p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-24 13:57
Taggar: dollar, market, oil, profit

Putin Crowns Himself OPEC King


"For more than half a century, Saudi Arabia?s oil minister could move markets with a few choice words about what OPEC may decide at its next meeting, generating millions if not billions of dollars of p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-24 12:15
Taggar: dollar, market, oil, profit

TransCanada Wishes It Was 24 Hours From Tulsa, Not South Dakota


"TransCanada’s Keystone pipeline problems have squeezed supplies and upset South Dakota, sending West Texas Intermediate (WTI) gushing higher ahead of the Thanksgiving holiday. Crude oil traders..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-23 08:16
Taggar: oil

Bitcoin Exchange Globitex Granted European Electronic Money License


"Globitex, a new bitcoin exchange co-founded by former Bitcoin Foundation Executive Director Jon Matonis, is announcing that its parent Globitex Holding (Latvia) group company NexPay UAB has been gr..."

Oil traders continue to eye OPEC meeting


"Henning Gloystein @hgloystein   ( Reuters Singapore ) SINGAPORE, Nov 22 (Reuters) – Oil prices firmed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPE..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-22 03:30
Taggar: market, oil, report

USD/CAD Canadian Dollar Rises on Weak US Data


"The Canadian dollar appreciated on Wednesday boosted by US dollar weakness. Oil prices rose to a 2 year high with drawdowns in weekly inventories. The US dollar fell after durable goods orders disappo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-22 00:01
Taggar: dollar, durable goods, goods orders, oil, point

USD/CAD Canadian Dollar Lower Ahead of Short Trading Week


"The Canadian dollar depreciated on Monday versus the US dollar. Oil prices fell as higher production from the US is putting downward pressure on prices ahead of the Organization of the Petroleum Expor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-20 23:37
Taggar: dollar, oil

Japan Exports Grow 14% YoY in October


"Japan?s exports grew 14 percent over a year earlier in October on strong demand for vehicles, electronics and machinery. However, customs data released Monday showed even faster growth in imports of o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-20 18:08
Taggar: oil

Oil?s Fireworks Friday Suggest The Worst Is Over


"Oil’s impressive rally on Friday has changed the technical picture completely suggesting we could see attempts at new highs this week. After the fireworks of Friday, crudes price action in Asia..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-20 07:28
Taggar: oil

Crypto Trading and Traditional Assets: New Options for Investors


"While trading of crypto-assets is booming, some investors are looking for options to trade traditional assets like stocks via cryptocurrencies. Three new operators are among those developing tradin..."

USD/CAD Canadian Dollar Lower After Soft Inflation to Lead BoC to Wait on Rates


"The USD/CAD gained 0.92 percent during the last five trading days. The currency is trading at 1.2801 despite the price of oil walking back most of the losses this week. A low inflation data point on F..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-17 20:12
Taggar: bank, currency, inflation, oil, point, trading

Oil Close Leaves Longs Nervous


"Oil has settled at the bottom of its two-day range in Asia leaving bullish positioning nervous into the weekend. Oil slipped into wait and see mode overnight as a lack of drivers turned chatter more a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-17 06:07
Taggar: bull, oil

USD/CAD Canadian Dollar Higher After Strong Manufacturing Sales


"The Canadian dollar appreciated on Thursday after a surprise gain by manufacturing sales. Oil prices continue to be under pressure after the large weekly buildup of US crude stocks reported on Wednesd..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-16 22:08
Taggar: dollar, economy, oil, report

The Ringgit Soars


"By MARK RAO ( Malaysian Reserve) The ringgit, supported by the anticipated interest-rate hike next year, continued to gain against the US dollar despite the plunge in oil prices and sell down on equit..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-16 08:27
Taggar: dollar, market, oil, rate

Global equity markets tanking


"By ELAINE KURTENBACH, AP BUSINESS WRITER TOKYO ? Nov 15, 2017, 4:04 AM ET Shares fell in early European trading Wednesday after a bleak day in Asia, as sinking crude oil prices weighed on oil producer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-15 11:11
Taggar: inflation, oil, share, shares, trading

Oil Gushes Lower Leading Commodity Exodus


"Oil prices tanked overnight as an overbought commodity market finally ran out of steam. The long-awaited short-term correction in oil prices finally occurred overnight with Brent and WTI, both plungin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-15 06:22
Taggar: bull, market, oil, rate

Oil Demand to Remain Robust into 2040s


"Oil consumption and demand is expected to remain robust into the 2040s despite a diversifying global energy mix and the rise of electric car sales, according to the International Energy Agency (IEA).I..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-14 15:36
Taggar: consumption, oil, report

Crude Oil Hits A Volatility Slick


"Crude trading in Asia has continued the quiet tempo of the overnight session as markets await data due later in the week. Oil?s price action continues to suggest that a slow price correction is underw..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-14 08:11
Taggar: market, oil, trading

OPEC Secretary General Says Peak Oil Demand to Happen in 2040


"OPEC sees no reason for investors to expect oil to hit peak demand before 2040, the organization’s secretary general said Monday. Speaking at the Abu Dhabi International Petroleum Exhibition Con..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-13 16:49
Taggar: oil

OPEC Raises its Oil Demand Forecast in 2018


"OPEC raised its forecast on Monday for demand for its oil in 2018 and said its deal with other producers to cut output was reducing excess oil in storage, potentially pushing the global market into a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-13 16:48
Taggar: market, oil, report

Crude Oil Traders Could Get RSI


"Crude’s recent price action remains uninspiring with technical indicators still very overbought. Crude oil limped into the weeks end with both Brent and WTI finishing nearly unchanged, as they e..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-13 10:33
Taggar: indicators, oil

USD/CAD Canadian Dollar Lower as US Dollar Mounts Comeback


"The Canadian dollar depreciated on Monday with a flat oil price and little economic data to drive the market. The US dollar rebounded from last week?s losses caused by the concerns surrounding the tax..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-13 00:07
Taggar: dollar, forex, forex market, market, oil

Oil?s Technical Resistance Stiffens It?s Resolve


"Technical resistance and overbought short-term indicators are setting of more red lights on Brent and WTI charts as we head into the week’s end. Oil traded with lots of noise overnight, but ende..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-10 10:41
Taggar: indicators, oil

Saudi Aramco Signs $ 4.5 Billion Deals with Europe, China and US


"Saudi Aramco on Thursday signed agreements worth $4.5 billion with firms from Europe, the United States, China and the United Arab Emirates for oil and gas projects in the kingdom. The companies are S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-09 17:31
Taggar: oil, rate

Oil?s Rally Receives A Storm Warning


"The short-term technical picture for crude oil’s rally gets even more cloudy following overnight inventory data. Oil prices spiked higher initially overnight to test the week’s highs befor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-09 10:21
Taggar: oil

EUR/USD Flat on Wednesday of Quiet Trading Week


"EUR/USD was trading sideways during Wednesday’s quiet trading. This week is expected to be extremely light on economic reports. As a result, traders turned their attention to..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2017-11-08 19:09
Taggar: oil, report, trading

Brent Crude ? Rally Showing Few Signs of Fatigue (Video)


"Brent Crude Oil has been moving steadily upwards over the past few weeks. We speak with Craig Erlam, Senior Market Analyst for OANDA about the commodity and whether or not it can go higher. It recentl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-08 16:30
Taggar: market, oil

Precious Metals and Commodities Weekly 8th November


"Our weekly journey through the precious metals and commodities CFD?s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis. Its been all action this wee..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-08 07:35
Taggar: analysis, fundamental analysis, oil

OPEC Says Tables Will Turn With Shale Producers


"The American shale drillers that have upended the energy industry will capture much of the growth in oil demand in the coming years, OPEC forecasts in a new report. But after years of booming U.S. pro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 20:14
Taggar: oil, report

Morgan Stanley Raises Oil Price Forecast


"Morgan Stanley has raised its forecast for oil prices through 2020, saying the world is hungry for more U.S. shale crude at a time when it’s uncertain American drillers can deliver it. The bank..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 20:12
Taggar: bank, oil

DBS Q3 net profits collapse 23%


"SINGAPORE: DBS reported a surprise 23 per cent year-on-year drop in its net profit for the third quarter, largely due to hefty provisions on its exposure to the oil and gas industries. The bank, South..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 08:13
Taggar: bank, oil, profit, report

Gold Coat-Tails Commodities Higher


"Gold coat-tailed the commodities rally overnight to post a one percent gain and close at 1281.70, unwinding all of Friday?s losses. The mass arrests of prominent officials and businesspeople in Saudi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 06:59
Taggar: gold, market, oil, profit

The Charge of the Light Crude Brigade


"Saudi’s Arabia’s “purge” leads crude’s geopolitical surge but traders should watch out of technical indicator cannon fire. Oil?s charge of the light crude brigade continu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 04:49
Taggar: oil, trading

Ringgit higher on surging oil prices


"KUALA LUMPUR, Nov 7 ? The ringgit opened higher against the US dollar today on increased demand, buoyed by rising crude oil prices, said a dealer. At 9.10am, the local unit traded at 4.2235/2265 again..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-07 03:44
Taggar: dollar, oil, trading

USD/CAD Canadian Dollar Higher After Dollar Struggles


"The Canadian dollar appreciated 0.29 percent on Monday. Trading opened for the USD/CAD at 1.2771 and is now on track to end near the 1.2721 price level. The economic calendar looks sparse this week, b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-06 23:15
Taggar: dollar, market, oil, trading

Crude Continues To Fly High Ignoring The RSI


"A Tokyo holiday has meant a quiet session in Asia for crude oil as it ignores overbought technical indicators. Crude oil meandered higher in a  subdued session overnight as the market awaits key U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-03 10:13
Taggar: employment, indicators, market, oil

FOMC Statement Conveys Little New Information


"The FOMC statement was released at 18:00 GMT. Fifteen minutes later, key market prices — the dollar, 10-year Treasury yield, gold, oil and the DOW — were barely changed. The message was on..."

Blog: Currency Thoughts
Tidsstämpel: 2017-11-01 20:41
Taggar: dollar, gold, market, oil

WTI Oil Enters Backwardation


"Oil traders just provided another sign that the market is rebalancing. The WTI calendar spread for the next six months moved from “contango” into “backwardation” Tuesday. To ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-01 16:05
Taggar: market, oil, spread

API Inventories Throw Fuel on Oil?s Fire


"The first inventory figures of the weeks from the API showed a massive drawdown, fuelling crude’s rally still higher through the Asia session. The American Petroleum Institute (API) crude oil in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-11-01 11:29
Taggar: oil, report

Oil Prices Caught Between Shale and OPEC Agendas


"There are two forces at work in the oil markets today creating a tug of war. On the one hand you have U.S. shale producers on a quest to reach 10 million barrels a day in production amid falling seaso..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-10-31 15:16
Taggar: market, oil

Oil Prices Near Two-Year Highs as Supply Cuts Bite


"Oil prices eased on Tuesday after a week of gains as the prospect of increasing U.S. exports dampened bullish sentiment that has driven Brent to more than two-year highs above $60 per barrel. Iraq?s m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-10-31 11:20
Taggar: bull, oil

OPEC Cracks Open The Champagne As Brent Breaks $60


"It has been a long time coming, but the structural backwardation and some serious Saudi rhetoric finally see Brent Crude march through OPEC/Non-Opec’s price Nirvana of $60. Oil ran rampant on Fr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-10-30 07:06
Taggar: oil

Will Brent Crude Turn 60?


"Saudi rhetoric sees Brent in sight of $60.00 a barrel but is the rally in oil puffed up on talk or fundamentals? Oil raced higher overnight with Brent finishing in sight of the magical 60.00 a barrel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-10-27 04:25
Taggar: oil

Conspiracy Theories and Tin Foil Hats


"Conspiracy Theories and Tin Foil Hats  Instead of policy convergence, the ECB and the Feds are heading for divorce. This week the ECB delivered one of their better changeups catching the markets leani..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-10-27 00:08
Taggar: market, oil

The Genesis System Wants to Record Cleaned Fracking Water on the Blockchain


"There are more than 900,000 active gas and oil wells in the United States, according to Drillinginfo. Unfortunately, recycling and cleaning the contaminated water has not been an option, with compa..."

Blog: Bitcoin Magazine
Tidsstämpel: 2017-10-26 18:30
Taggar: bitcoin, investment, oil, rate

Blockchain Technology Takes Center Stage in Science Fiction Thriller (ID)entity


"Philip K. Dick Award finalist (R)evolution, a 2015 near-future science fiction thriller by PJ Manney, ends with the main character?s consciousness transferred to a supercomputer, accompanied by the..."

Blog: Bitcoin Magazine
Tidsstämpel: 2017-10-23 16:44
Taggar: bear, bitcoin, currencies, oil, rate, real estate

EUR/USD Rallies Despite Political Turmoil in Spain


"EUR/USD rallied today, demonstrating strength that was surprising considering that political turmoil in Spain persisted. Meanwhile, two of the three important economic reports released..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2017-10-19 23:15
Taggar: indicators, oil, rate, report

USD/CAD Canadian Dollar Higher After Jackson Hole Statements


"The Canadian dollar will end the week higher against the dollary after disappointing durable goods data in the US and few details out of the central bank summit in Jackson hole offered little support..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-25 22:37
Taggar: bank, currency, dollar, durable goods, loonie, oil, point

Oil Steady While Gasoline Spikes as Hurricane Harvey Approaches


"Oil trimmed a fourth weekly decline as traders braced for impact of Hurricane Harvey on the U.S. refining hub in the Gulf of Mexico. Gasoline futures surged to the highest in four months.Front-month c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-25 15:34
Taggar: oil

Hurricane Harvey Hits Oil as Gold Relaxes in Jackson Hole


"Hurricane Harvey’s landfall tonight in Texas promises severe disruption in the oil sector while gold continues to chill ahead of the Jackon Hole Symposium. Oil prices moved lower overnight with..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-25 06:05
Taggar: bear, gold, oil, trading

Oil and Gold Consolidate Gains


"Oil and Gold had relatively calm sessions overnight with both crude and gold quietly consolidating their recent gains ahead of Jackon Hole. OIL Oil prices rose by just over one percent overnight as th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-24 05:46
Taggar: gold, oil

Oil and Gold Feel The Cold


"Oil and Gold’s price action was underwhelming overnight ahead of the Jackson Hole Symposium. Oil will look for salvation from tonight’s inventory data. OIL Crude oil contracts closed flat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-23 06:01
Taggar: gold, oil, trading

Oil Edges Higher Ahead of API Inventory Data


"Oil prices climbed on Tuesday, rebounding from a sharp selloff in the beginning of the week as investors look ahead to U.S. supply data that are expected to confirm the market is tightening.Crude oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-22 11:10
Taggar: market, oil

Precious Metals and Commodities Weekly


"  This week we recap precious metals and commodities ahead of the Jackson Hole Symposium. Notable highlights are Gold testing 1300 while Palladium continues to be the metal that just keeps on giving..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-08-22 09:59
Taggar: gold, oil

April in Figures


"In April, ten-year sovereign debt yields fell a little more sharply in the United States than other economies, but the dollar was mixed, falling against the euro, sterling, and Swiss franc but not the..."

Blog: Currency Thoughts
Tidsstämpel: 2017-04-29 19:57
Taggar: currencies, dollar, oil

Malaysian Ringgit Weekly Outlook


"The ringgit is likely to trade firmer on improved buying support against the US dollar next week, more so, if the greenback loses steam over US President Donald Trump?s policies. OANDA Senior Trader S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-29 05:52
Taggar: dollar, market, oil

Russia Nears Compliance with 300K Daily Barrels Cut


"Russia’s oil production cuts have reached almost 300,000 barrels per day, Energy Minister Alexander Novak said on Friday, in line with its pledge to curtail output as part of a global pact. The..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 16:01
Taggar: oil

Oil Prices Rebound on Friday on OPEC Extension Hopes


"Oil prices rebounded on Friday after dropping to a one-month low the previous day, prompting investors to buy at cheaper levels ahead of a May OPEC meeting at which producers could extend output cuts..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 16:00
Taggar: oil

Reuters Poll Shows OPEC Cut Extension Could End Glut by end of 2017


"Supply and demand in the oil market could fall into balance by the end of this year if OPEC and its partners extend their deal to reduce crude output, a Reuters survey forecast on Friday.   However, t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 15:58
Taggar: market, oil

Canadian Dollar Falls Against Dollar on Friday


"The Canadian dollar weakened against its U.S. counterpart on Friday, retaining this week’s defensive bias as domestic data showed the economy stalled in February, offsetting a rebound in oil pri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 15:53
Taggar: dollar, economy, oil

U.S. Economy Expands at Slowest Pace in Three Years


"The U.S. economy expanded at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending, offsetting a pickup in investment led by housing and oil dr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 14:23
Taggar: economy, investment, oil, rate

Oil and Gold Slip Sideways into Friday


"Crude oil staged a dead cat bounce overnight after an initial sell-off, whilst gold flat-lined into Friday. Both Brent and WTI fell a dollar overnight to make new lows for the week but rebounded aggre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-28 04:13
Taggar: dollar, gold, oil

Oil Fall After End of Libyan Disruption


"Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already bloated market. Benchmark Brent crude LCOc1 fell $1.14 a barrel to a low..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-27 15:28
Taggar: market, oil

Iraq to go with consensus at next OPEC meeting


"Iraq will go with the consensus reached by OPEC when the oil exporter group meets in Vienna next month to discuss extending production cuts, the country’s oil minister said on Thursday. “N..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-27 15:16
Taggar: oil

Trump Sends Peso Loonie


"A Trump NAFTA backtrack sees an aggressive rally in both the Mexican Peso (MXN) and the Canadian Dollar (CAD) during the Asia session. It’s been a tough couple of days for America’s NAFTA..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-27 12:04
Taggar: dollar, oil

Commodities Tread Water in Asia


"Trump’s tax plans see the greenback strengthen and both oil and precious metal’s rallies fizzle out. Crude Oil The turkey shoot that is the U.S. Crude Inventories produced another surprise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-27 04:44
Taggar: dollar, oil

USD/CAD Canadian Dollar Falls as Trump Tax Plan is Announced


"The Canadian dollar was weaker on Wednesday as the Trump administration offensive continued. The lumber tariffs imposed Monday were followed by comments from a White House official on an executive ord..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 23:12
Taggar: dollar, oil

Gold Steady as Investors Await Trump Tax Announcement


"Gold is showing little movement in the Wednesday session, after recording considerable losses on Tuesday. In North American trade, spot gold is trading at $1263.94 per ounce. On the release front, the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 18:35
Taggar: gold, oil, trading

GBP/USD ? Pound Steady as Markets Eye Trump Tax Talk


"GBP/USD is showing little movement on Wednesday, as the pair trades at 1.2840. On the release front, there hasn’t been much data for the markets to analyze. There are no British releases, and th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 17:44
Taggar: market, oil

Weekly Commodities Update ? 26 April 2017 (Video)


"In this week’s FX update, Senior Market Analyst Craig Erlam gives his analysis on Brent crude, WTI crude, Gold, Silver and Copper. USD/JPY ? Yen Slide Continues as Markets Eye Trump Tax Announce..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 17:24
Taggar: analysis, announcement, dollar, gold, market, oil

Oil Higher After Higher than Expected Crude Drawdown


"Oil prices turned higher Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell 3.6 million barrels for the week ended April 21. The American Pet..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 16:53
Taggar: oil, report

US Crude Inventories Fell 3.6M barrels and Gasoline Rose by 3.4M barrels


"U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories rose, the Energy Information Administration said on Wednesday. Crude inventories..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 16:47
Taggar: oil

USD/JPY ? Yen Slide Continues as Markets Eye Trump Tax Announcement


"USD/JPY has posted gains in the Wednesday session, continuing the upward trend which marked Tuesday trading. In the North American session, the dollar is trading at 111.50. The Japanese yen has droppe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 15:56
Taggar: day trading, dollar, oil, trading

EUR/USD ? Euro Hugging 1.09 Ahead of ECB Rate Meeting


"The euro has reversed directions on Wednesday and has posted slight gains. Currently, the pair is trading at the 1.09 line. On the release front, the markets will have little data to analyze, with jus..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 11:41
Taggar: cpi, market, oil, trading

Crude Oil and Precious Metals Diverge


"Energy and precious metals diverged overnight, with crude oil holding its ground while the safe-haven unwind continues in gold and silver. Crude Oil Choppy trading in decent ranges was the theme of th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-26 04:35
Taggar: gold, oil, trading

Oil Trickles Lower as Gold Recovers


"Oil continued its downward grind overnight as gold recovered some of its losses as President Trump’s first 100-days draws to a close. OIL Oil continued its bullish unwind overnight, with both Br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-25 02:58
Taggar: bull, gold, oil

USD/CAD Canadian Dollar Lower on Oil Drop and US Tax Plans Hope


"The Canadian dollar had a negative trading session on Monday. The loonie was pressured downwards as the price of oil retreated and the USD advanced on the hopes President Trump will present a tax refo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-24 22:18
Taggar: dollar, loonie, oil, trading

OPEC Recommends 6 Month Extension to Production Cut Deal


"An OPEC and non-OPEC technical committee recommended that producers extend a global deal to cut oil supplies for another six months from June, a source familiar with the matter said, in an effort to c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-24 15:42
Taggar: oil

Russia Says They will Discuss Cut Deal Extension with OPEC on May 24


"Russian Energy Minister Alexander Novak said on Friday a decision on extending a global pact to cut oil production had not yet been taken, but would be discussed with OPEC on May 24. The Organization..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-21 15:09
Taggar: oil

Markets Not Convinced as Oil Producers Deliver Cuts


"OPEC and its allies are little more than a month away from taking a decision that will de?ne the short-term future of the oil industry: extend crude-output cuts that haven?t really lifted prices, or r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-21 09:15
Taggar: oil

Wolves Circle Oil and Gold Ahead of Le Crunch.


"Oil continues it’s bearish consolidation, while precious metals await this weekend’s French election. Gold has spent the overnight session consolidating to open quietly mid-range at 1281 t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-21 05:00
Taggar: bear, gold, oil

USDCAD Loonie Flat After Mnuchin Boosts USD


"The Canadian dollar will end up near where it started the trading session. The USD/CAD is trading at 1.3476 as the pair was caught in a tight trading range were the US dollar weakness started dissipat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 23:55
Taggar: dollar, oil, trading

Oil Prices Flat As Rising US Production Balanced Against OPEC Cuts


"Oil prices were largely flat on Thursday after steep losses the previous session, with rising U.S. production weighing against comments from leading Gulf oil producers that an extension to OPEC-led su..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 16:12
Taggar: oil

Saudi Arabia and Kuwait Signal OPEC Cut Deal Extension


"Leading Gulf oil exporters Saudi Arabia and Kuwait gave a clear signal on Thursday that OPEC plans to extend into the second half of the year a deal with non-member producers to curb supplies of crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 16:09
Taggar: oil

Saudi Arabia, Kuwait Signal Likely Extension of Oil Supply Cuts


"Leading Gulf oil producers Saudi Arabia and Kuwait gave the clearest signal yet that OPEC plans to extend into the second half of the year a deal with non-OPEC producers to curb oil supplies. Consensu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 14:51
Taggar: oil

Pre election jitters


"Asian markets rose Thursday following broad losses the previous two days but analysts warned caution was prevailing owing to geopolitical worries and fading hopes for Donald Trump’s massive stim..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 04:56
Taggar: market, oil

APAC Commodities ? The Good, the Bad and the Ugly


"Oil long positions culled after an ugly drop; gold continues to drift ahead of the weekend’s election. OIL Both Brent and WTI collapsed some 4% overnight in a straight line. Brent spot trading b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 04:16
Taggar: gold, long position, oil, trading

Market Movers and Shakers


"Ringgit recovery, oil price movement, the OPEC-US shale conundrum, Chinese-American relations, American-Russia relations, Luqman Hariz discusses them all with Stephen Innes, OANDA Asia Pacific Senior..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-20 02:04
Taggar: market, oil

USD/CAD Loonie Lower After Gasoline Stocks Cause Oil Price Drop


"The Canadian dollar is weaker against major currencies after a lower drawdown than expected in weekly crude inventories and a higher buildup of gasoline stock pushed down oil prices. American energy p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-19 20:32
Taggar: currencies, dollar, oil

Gold Dips as Investors Regain Appetite for Risk


"Gold has dropped close to 1% on Wednesday, erasing the gains from the Tuesday session. In North American trade, gold is trading at $1279.21 per ounce. On the release front, there are no major US event..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-19 17:52
Taggar: gold, oil, trading

GBP/USD ? Pound Soars on UK Election Announcement


"GBP/USD has ticked lower on Wednesday, after posting sharp gains in the Tuesday session. In North American trade, GBP/USD is trading just above the 1.28 line. There are no British events on the schedu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-19 17:20
Taggar: oil, trading

OPEC, non-OPEC to Meet on Same Day as Group?s May Gathering


"OPEC plans to meet with non-OPEC oil producers on the same day as its scheduled May 25 conference, sources familiar with the arrangements said, as they decide whether to extend supply cuts into the se..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-19 15:29
Taggar: oil

Oil Steady as Supply Data Offsets OPEC Lift


"Oil steadied on Wednesday after OPEC said it was committed to eroding a global supply overhang that has dogged markets since 2014, but with U.S. output and inventories rising, analysts said prices loo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-19 12:44
Taggar: market, oil

USDCAD Loonie Lower as UK PM Calls for Snap Election


"The Canadian dollar is lower on Tuesday trading after the Prime Minister of the UK Theresa May called for a snap election. Oil prices have dropped ahead of tomorrow’s release of crude inventorie..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-18 16:36
Taggar: day trading, dollar, oil, trading

Oil Drops Ahead of Expected US Crude Inventories Buildup


"Oil prices hit their lowest in 11 days on Tuesday on news that U.S. shale oil output in May is expected to post the biggest monthly increase in more than two years, fuelling concerns that U.S. product..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-18 15:39
Taggar: oil

Citi Expects Oil Prices to Head Towards $60


"Commodities are forecast to have a bumper year in 2017 with oil prices expected to rally to the mid $60s by the end of December, according to analysts at Citigroup. Citi analysts had previously projec..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-18 15:29
Taggar: oil

Canada Is the G-7?s Surprise Growth Leader


"Almost out of nowhere, Canada has become one of the fastest growing economies in the developed world. The oil-producing nation, which struggled mightily with falling crude prices the past two years, g..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-17 14:27
Taggar: bank, oil

Oil Edges Higher on Thursday


"Oil prices edged higher on Thursday after the International Energy Agency (IEA) said the market was nearing balance, while data showing higher U.S. production kept gains in check. Benchmark Brent crud..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-13 16:30
Taggar: market, oil

US Crude Inventories Shrank More than Expected to -2.17M


"Crude Inventory -2.17M Barrels vs -772K Expected Cushing +276K vs +399K Gasoline -2.97M vs -1.27M Distillate -2.15M vs -888K U.S. crude oil refinery inputs averaged 16.7 million barrels per day during..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-12 16:50
Taggar: oil, rate

Ingen rubrik satt


"With the attention in other markets, crude oil paused for breath last night. Nevertheless, both Brent and WTI spot managed respectable rallies of around 1.0%. Saudi Arabian production reduction appear..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-12 04:01
Taggar: market, oil

G7 Fail to Impose New Sanctions on Russia


"G-7 foreign ministers failed to reach an agreement to impose new sanctions on Russia following an alleged chemical attack on Syrian soil. Italian Foreign Minister Angelino Alfano told CNBC that there..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-11 16:59
Taggar: oil

Oil Majors Reserves Are Shrinking as Companies Not Looking to Replenish


"As crude prices recover, oil majors face a dilemma ? how quickly should they seek to replenish reserves? It?s the same question the cyclical oil industry has tackled many times before: go too fast and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-11 16:42
Taggar: market, oil

Oil Continues It?s Surge


"Both Brent and WTI open in Asia at their New York highs this morning, both within shouting distance of their post-OPEC rally highs. Geopolitical tensions and a shutdown at Libya?s largest oilfield con..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-11 05:08
Taggar: oil, trading

Loonie Higher on Oil Gains Ahead of BOC Rate


"The Canadian dollar is trading higher against the US dollar on Monday (1.3333) after another supply disruption in Libya has boosted oil prices. Geopolitical risk continues to be a factor as US Preside..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-10 21:04
Taggar: dollar, loonie, oil, trading

Shale Oil Adds Unpredictability to Supplies


"The shale oil boom has transformed the U.S. and global energy sector to such an extent that it has upended traditional supply dynamics and made forecasts far more polarized. Investment banks, many of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-10 16:16
Taggar: bank, finance, investment, oil

Oil Set for Longest Gain This Year as Biggest Libyan Field Halts


"Oil headed for its longest run of gains this year as Libya?s biggest oil field suffered another outage while Russia signaled it?s weighing an extension of OPEC-led production cuts. Futures gained for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-10 14:40
Taggar: oil

Oil Jumps Two Percent on Supply Disruption Threats


"The U.S cruise missile strikes have seen crude oil jump over two percent in a straight line with both Brent and WTI testing resistance. The situation remains fluid in Syria at the moment as the implic..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-07 04:06
Taggar: oil

Asia demand, hedging boosts trading in forward U.S. oil contracts


"Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an affinity for far-dated c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-06 15:18
Taggar: oil, trading

Inventories Wrong-foot Crude


"Overnight Crude Inventory numbers pulled the rug out from under the feet of the oil rally. The surprise jump of 1.6 million barrels against an expected drop of 400,000 barrels was at odds with the API..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-06 04:03
Taggar: oil

US Stocks Lower After Fed and Paul Ryan Comments on Tax Reform


"Stocks rose early in the morning as oil rose, bond yields moved up, and the ADP private employment report was strong. Then midday, the markets reversed. The initial catalyst were in the Federal Reserv..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-05 22:51
Taggar: employment, market, oil, report

US Crude Inventories Sends West Texas Crude Lower


"West Texas crude flexed some muscle on Wednesday but was unable to consolidate these gains. In the North American session, WTI futures are trading at $51.24. Brent crude futures are trading at $54.46..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-05 18:14
Taggar: oil, trading

Oil Lower After Surprise Rise in US Inventories


"Oil futures pared gains Wednesday after data showed an unexpected rise in U.S. crude inventories last week. The Energy Information Administration said inventories rose by 1.6 million barrels. Economis..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-05 16:43
Taggar: oil, report

Hedge Funds Reduce Large Oil Positions Uncertain About Supply


"Hedge funds have continued liquidating their large bullish position in crude amid doubts about the pace and timing of any rebalancing in the oil market. Hedge funds? net position in Brent and WTI has..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-04 18:02
Taggar: bull, market, oil, spread

Oil Prices Under Pressure as Libyan Output Restored


"Oil prices were under pressure on Monday as a rebound in Libyan oil output at the weekend weighed against upbeat economic data from Asia that pointed to strong energy demand from the region. Benchmark..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 17:05
Taggar: oil, point

Iraq Pledges to Comply with OPEC Cut Agreement


"Iraq has assured OPEC it will fully comply with an agreement to cut oil supply in order to bolster crude prices, OPEC Secretary General Mohammed Barkindo said on Sunday in Baghdad. Iraq’s compli..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 17:04
Taggar: oil, report

Oil Could Again Drop to $40 Says Analyst


"Several factors are conspiring to keep a lid on oil ? and could even send prices sharply lower, analyst John Kilduff told CNBC on Monday. A recent rally ? nearly 5.5 percent for West Texas Intermediat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 16:48
Taggar: oil

APAC: Oil, Initial Thoughts


"Oil recovery continued on Friday, ignoring yet another increase in the Baker Hughes? rig count and concentrating on the further reduction in the global oil supply glut. Over the weekend, Iraq pledged..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 07:54
Taggar: oil

APAC Corner: Oil Thoughts


"Oil recovery continued on Friday, ignoring yet another increase in the Baker Hughes? rig count and concentrating on the further reduction in the global oil supply glut. Over the weekend, Iraq pledged..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 07:46
Taggar: oil

Oil Falls as Libyan Output Recovers


"Oil prices fell on Monday as a rebound in Libyan oil output weighed against upbeat economic data from Asia that pointed to strong energy demand from the region. Benchmark Brent futures for June delive..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-04-03 01:00
Taggar: oil, point

Oil Trader Forecasts Oil at $70 by Late Summer


"Oil prices are not capped around $55 as is widely assumed but rather are on track to hit $70 per barrel later this year, according to Pierre Andurand, managing partner at Andurand Capital Management..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-31 16:27
Taggar: oil

Oil Steady Despite Libyan Disruption and Higher US Inventories


"Oil prices slipped on Thursday after two days of increases as bloated U.S. inventories limited the impact of supply disruptions in Libya and lower output from other OPEC exporters. Brent crude oil LCO..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-30 15:22
Taggar: oil

Oil Higher as Libya Output Drops


"Oil prices rose on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. Prices for front-month Brent crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-30 09:22
Taggar: market, oil

Russia Cutting Production Amid Rising Shale Output


"Russia plans to fulfill its obligations to cut oil output in line with the agreement between oil producing countries by the end of April, while more broadly assessing longer-term structural developmen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-30 09:19
Taggar: market, oil

Is Oil Supply About to Run into Problems?


"The oil market is risking a supply crunch as producers cut spending on major projects to focus on short-term low-cost shale output in the U.S., some of the top crude and products traders said. With oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-30 09:05
Taggar: market, oil

Oil opens at the overnight highs in Asia


"Beleaguered oil bulls finally had something to cheer about overnight, as crude jumped over 2 % following a lower than expected EIA Crude Inventory number. The build of 867,000 against 2 million barrel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-30 02:47
Taggar: bull, market, oil

US Drillers Hedged Against Falling Oil Prices


"U.S. drillers are insulating themselves against falling oil prices ? a move that could prolong the global crude glut that the Organization of the Petroleum Exporting Countries is trying to drain. Amer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-29 18:46
Taggar: analysis, market, oil

OPEC Agreement Compliance up to 95% Despite Rising Shale Production


"OPEC oil output is likely to fall for a third straight month in March, a Reuters survey found on Wednesday, as the United Arab Emirates made progress in trimming supplies while maintenance and unrest..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-29 18:43
Taggar: oil, rate

West Texas Crude Moves Higher as Crude Inventories Misses Estimate


"West Texas crude has moved higher for a second straight day. In Thursday’s North American session, WTI crude futures are trading at $49.30. Brent Crude futures have climbed to $52.24, as the Bre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-29 18:25
Taggar: oil, trading

GBP/USD ? Pound Halts Slide as UK Triggers Brexit


"GBP/USD is almost unchanged in the Wednesday session. In North American trade GBP/USD is trading at the 1.24 line. On the release front, British Net Lending edged up to GBP 4.9 billion, matching the f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-29 17:12
Taggar: home sales, oil, trading

What Dollar Demise


"What dollar demise? The USD regained some semblance of composure overnight as rises in equities, oil prices, and yields provided the scrim for a bustling overnight session where the Greenback showed i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-29 02:32
Taggar: dollar, oil

Russia and Iran to Continue Cooperating on Production Cut


"Russia and Iran will continue cooperation in reducing oil output in order to stabilize the global energy market, according to a joint statement signed by both countries on Tuesday. via Reuters"

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-28 17:18
Taggar: market, oil

IBM Unveils Blockchain Platform for Oil Trade Finance


"A group of companies including IBM has spearheaded the development of a new blockchain-based crude oil trade finance platform. Source"

Blog: CoinDesk
Tidsstämpel: 2017-03-28 16:04
Taggar: finance, oil

More Banks to Sign Up for ING's Ethereum Oil Trading Test


"Dutch bank ING's ethereum-based oil trading pilot is opening up to new financial institutions. Source"

Blog: CoinDesk
Tidsstämpel: 2017-03-28 15:00
Taggar: bank, financial, oil, oil trading, trading

Will Oil Hedging Worsen the Supply Glut?


"A surge in oil hedges will spur drilling activity in the U.S., Wood Mackenzie said in a report released on Monday, likely keeping a supply response in place longer than expected even if spot prices fa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-28 09:47
Taggar: oil, report

Global Oil Cuts Likely to Be Extended


"Iranian Oil Minister Bijan Zanganeh told reporters on Tuesday that a global oil cuts deal is likely to be extended, but that time is needed to discuss the subject thoroughly first. “It seems tha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-28 09:44
Taggar: oil, report

Oil Output Cut Extension Being Considered


"Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles. Five OPEC members and Oman backed an extension, w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-27 16:25
Taggar: oil

Oil Titans Bid on Gulf of Mexico Auctions


"Royal Dutch Shell plc, Chevron Corp and Exxon Mobil Corp signaled the oil industry’s return to the Gulf of Mexico’s deep waters with high bids in a government auction up 76 percent over a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-23 16:01
Taggar: oil

Saudi Arabia Watching Global Supply of Oil


"Output or exports? OPEC members have argued for decades over which of the two they should monitor to gauge compliance with oil-output cuts. This month, Saudi Arabia has thrown a third metric ? supply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-23 15:59
Taggar: oil

Market Anxiety High as Doubts on Trump Policies Rise


"Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises. In the most nervo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-22 21:17
Taggar: dollar, financial, market, oil, share, shares

Oil Sell-Off Taking Its Toll on CAD and NOK


"Oil is re-asserting its stranglehold on the currencies of energy producers. After ignoring volatile crude prices for most of the year, the currencies of Norway and Canada are succumbing to a selloff t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-22 16:17
Taggar: currencies, oil

USD/CAD ? Canadian Dollar Unable to Gain Ground after Stellar Retail Sales


"USD/CAD has edged higher in the Wednesday session. Currently, the pair is trading slightly below the 1.34 line. On the release front, there are no Canadian economic indicators. The US will release Exi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-22 14:02
Taggar: employment, home sales, indicators, oil, retail sales, trading

Bullish Crude Bets Cut By Most Ever


"The exodus of oil-price optimists has begun. Money managers cut bets on rising West Texas Intermediate crude by a record amount during the week ended March 14, while wagers on a further price drop dou..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-20 16:29
Taggar: oil

Oil Down as US Increases Overshadow Output Cuts


"Oil fell as U.S. drilling continued to rise, undermining the potential for even an extended OPEC output-reduction deal to rebalance the market. Futures lost as much as 1.6 percent in New York after ga..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-20 16:00
Taggar: market, oil

Oil Settles Into A Range For Now.


"Despite an early sell-off in Asia trading, crude has rallied to rest almost unchanged on the day. All said crude has held up reasonably well as the week starts, following Friday’s Baker Hughs Ri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-20 10:06
Taggar: oil, trading

Oil Rises Before End of Trading Week


"Oil prices were on track to close the week higher, with WTI oil and Brent crude each up roughly 1% after dipping earlier in the week to lows last seen in November. Oil prices shot higher Wednesday aft..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-17 15:52
Taggar: oil

Canada?s Oil Province Betting on Growth Despite Lower Crude Prices


"Alberta is betting that the recent dip in oil will be temporary and that higher crude prices will allow the province to shrink its deficit while raising spending. The deficit will narrow to C$10.3 bil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-17 15:47
Taggar: oil

Crude Lower Despite Soft USD after Fed


"Oil prices slipped on Thursday, as support from a weaker dollar was offset by a stubbornly high level of U.S. inventories near record levels that suggested OPEC-led output cuts were starting to drain..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-16 20:08
Taggar: dollar, oil

FOMC Preview


"Over the past six weeks since the last FOMC policy announcement on February 1, the dollar has appreciated marginally more than 1.0% against the euro and yen, and the 10-year Treasury yield is advanced..."

Blog: Currency Thoughts
Tidsstämpel: 2017-03-15 16:37
Taggar: announcement, dollar, margin, oil, point

IEA: Oil Market Could Tilt into Deficit in H1 if OPEC Sticks to Cuts


"Global oil inventories rose for the first time in January as the market grappled with a swell in production last year, but if OPEC maintains its output cuts, demand should overtake supply in the first..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-15 14:46
Taggar: bull, market, oil, report

OPEC: Oil Stocks Keep Rising Despite supply cut deal


"OPEC said on Tuesday oil inventories had continued to rise despite the start of a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting complicatio..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-14 14:38
Taggar: oil

Shale Piles Further Pressure on Oil


"Oil steadied below $49 a barrel as U.S. drillers continued to boost activity, countering OPEC?s efforts to drain a global glut. Futures were little changed in New York after falling 9.1 percent last w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-13 17:14
Taggar: oil

US Shale Harming Output Deals


"A recovery in U.S. oil output may deter OPEC and non-OPEC producers from extending production cuts beyond June and might lead to a new price war, Russia’s top oil major said on Monday. U.S. shal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-13 17:10
Taggar: oil

Excitement Returns For Oil Traders


"Oil?s plunge is bringing some excitement back into the market. As futures in New York slipped to the lowest since OPEC?s output deal in November, options trading surged and signaled the biggest bias t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-10 13:32
Taggar: market, oil, trading

Oil Trades Under $50 as Oversupply Fears Return


"Oil bulls trying to push the crude market higher finally waved the white flag on Wednesday, triggering the biggest rout in a year, on concerns that stubbornly high inventory levels would persist despi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-09 20:39
Taggar: bull, market, oil, trading

Canada: Industrial Capacity Utilization Rates, Q4 2016


"Canadian industries operated at 82.2% of their production capacity in the fourth quarter, up from 81.6% in the previous quarter. This was the second consecutive quarterly gain. Mining, quarrying and o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-09 15:50
Taggar: oil, rate

Oil Swoons, Dollar Firm, and an ECB Policy Meeting


"West Texas Intermediate crude oil, which closed February above $54 and at 53.20 this past Tuesday, extended its plunge by 2.3% overnight to $49.12, a 3-month low. U.S. inventories are bloated. Due to..."

Blog: Currency Thoughts
Tidsstämpel: 2017-03-09 15:06
Taggar: dollar, oil, rate

Oil Drops Below $50


"Oil dropped below $50 for the first time since December after concerns that OPEC?s output cuts aren?t tempering a surplus in the U.S. triggered the biggest slump in more than a year. Futures dropped a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-09 13:29
Taggar: oil

Industry More Cautious on Prices as Oil Tumbles


"The sharp drop in oil prices Wednesday may have crushed some speculative traders but did not come as a big surprise to some oil industry executives who have been planning for price volatility. The cru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-09 10:00
Taggar: oil

US Bond Yields Rip


"US Bond Yields Rip Bond yields surged after a strong ADP report which surprised to the upside, reporting a 298k gain in private payrolls in February. On cue, the USD jumped across the board. Oil price..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-09 02:03
Taggar: oil, report

Global Oil Producers to Meet in Houston This Week


"The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-06 16:38
Taggar: oil

Saudi Aramco Could Reach $1.5 Trillion Market Capitalization


"Fund managers and institutional investors expect oil giant Saudi Aramco to have a market capitalization of $1 trillion to $1.5 trillion when it sells shares to the public next year, a survey by region..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-06 16:30
Taggar: bank, investment, market, oil, share, shares

Oil Tumbles as China Lowers Growth Target


"Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand and ongoing concern over Russia’s c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-06 09:12
Taggar: oil

Oil Higher on Weaker Dollar


"Oil prices rose on Friday, recouping some of the previous session’s losses, as a weaker dollar encouraged buying but investors remained cautious after Russian production figures showed weak comp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-03 17:15
Taggar: dollar, oil

US Energy Companies Expect to Increase Shale Production


"When Exxon Mobil’s new CEO spoke to Wall Street this week, high on his list of growth opportunities were the nontraditional oil fields in the United States, where the diversified energy giant ca..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-03 17:08
Taggar: oil, profit

EU Inflation Rose in February


"Official figures are expected to show inflation in the 19-country eurozone rose again in February — a development that would further galvanize critics of the European Central Bank’s stimul..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-02 19:25
Taggar: bank, inflation, oil

Analysts Call for Peak Gasoline in 2021


"Demand for gasoline in the United States, which accounts for a tenth of global oil consumption, is expected to peak next year as engines become more efficient, WoodMackenzie analysts said. Global dema..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-02 17:24
Taggar: consumption, oil

US EIA Shows Lower than Expected Crude Inventory Buildup


"The U.S. Energy Information Administration on Wednesday reported an eighth straight weekly increase in domestic crude-oil supplies, but it was smaller than the market expected. Crude inventories rose..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-01 18:24
Taggar: market, oil, report

Oil Higher As Producers Comply OPEC Agreement


"Oil edged higher on Wednesday as investors took heart from strict OPEC compliance with its pledge to cut output, although evidence of increasing U.S. production capped gains. The Organization of the P..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-01 17:10
Taggar: oil

IMF says Iran?s Economy Out of a Recession But Risks Remain


"Iran’s economy rebounded out of a recession after the nuclear deal with world powers, the International Monetary Fund said on Tuesday, though uncertainty over future sanctions and problems plagu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-01 17:05
Taggar: bank, economy, oil

German Central Banker Says Euro Zone Inflation Will be Higher in 2017


"Euro zone inflation is likely to be sharply higher in 2017 than projected but will still dip towards the end of the year, Bundesbank president Jens Weidmann said on Wednesday, arguing that accommodati..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-03-01 16:59
Taggar: bank, inflation, oil

Bullish Oil Positions Hit Record Highs


"Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U.S. oil production. Brent crude oil rose 58 cent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-27 17:09
Taggar: oil

Whats ?Down? for the Ringgit Today


"KUALA LUMPUR: The ringgit opened lower on lack of demand and cheaper crude oil prices, dealers said. At 9.15am, the local unit was traded at 4.4400/4460 against the greenback from 4.4370/4440 on Frida..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-27 05:25
Taggar: dollar, oil

WTI/USD ? West Texas Crude Higher as Crude Inventories Misses Expectations


"US crude has posted gain in the Thursday session, erasing the losses which marked the Wednesday session. In North American trade, WTI crude futures are trading at $54.49. Brent crude futures have drop..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-23 18:29
Taggar: oil, trading

Major Banks Use Blockchain Prototype for Live Oil Trade


"Two major European banks have released the initial results of a blockchain prototype focused on oil trading. Source"

Blog: CoinDesk
Tidsstämpel: 2017-02-22 16:20
Taggar: bank, oil, oil trading, trading

Daily Roundup and Charting Analysis (Video)


"Senior Market Analyst Craig Erlam talks about today’s key economic events and gives his analysis on EURUSD, GBPUSD, EURGBP, AUDUSD, NZDUSD, USDCAD, USDJPY, GBPJPY, EURJPY, Gold, WTI crude and Br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-21 18:53
Taggar: analysis, dollar, gold, market, oil

Oil at Top of Trading Range as Output Cuts Take Effect


"Oil rose on Tuesday after exchange data showed hedge funds placing record bets on North Sea and U.S. crude as OPEC production cuts tightened supply. Benchmark Brent futures were up 50 cents at $56.58..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-21 17:28
Taggar: oil

OPEC Secretary Says Confidence Has Returned to Energy Market


"OPEC and outside producers including Russiawill boost compliance with agreed oil output curbs in a bid to clear a supply glut that has weighed on prices, the group’s secretary general said on Tu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-21 17:00
Taggar: market, oil

Oil Edges Higher as US Rigs Increase Again


"Oil prices rose on Monday but the gains were limited as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts by producers to cut output and bring th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-20 12:15
Taggar: market, oil

Can the Bitcoin Economy Help Greeks Hide Their Wealth?


"Greece continues to suffer from economic turmoil as European lenders and the International Monetary Fund (IMF) struggle to impose austerity measures across the country. Furthermore, in just over a mon..."

Blog: Bitcoin.com
Tidsstämpel: 2017-02-19 19:00
Taggar: bank, bitcoin, economy, oil

Oil Rises After OPEC Hints at Deal Expansion


"Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories failed to drop to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-16 16:38
Taggar: oil

OPEC Could Extend Production Cut Agreement if Inventories Still High


"OPEC could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level, OPEC sources said. The group, togethe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-16 16:30
Taggar: oil

Oil Falls Ahead of US Crude Inventories


"Oil slipped further below $56 a barrel on Wednesday as an industry report showing a large rise in U.S. crude inventories signaled ample supply, even as OPEC achieves record compliance with its supply-..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-15 16:22
Taggar: oil, report

A Valentine?s Day Full of Data and Other Developments


"Market Movement: The dollar is higher against sterling but lower against the euro, Swissie, yen, and commodity-sensitive currencies. Oil and gold climbed 1.3% and 0.7% overnight. 10-year German bund a..."

Blog: Currency Thoughts
Tidsstämpel: 2017-02-14 17:32
Taggar: bank, currencies, dollar, gold, market, oil, point

UK Factory Prices Up By More Than 20%


"British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound, official data s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-14 15:32
Taggar: oil, pound

Oil Lower Despite Strong OPEC Compliance in Cuts


"Senior Market Analyst Craig Erlam talks about today’s key economic events and gives his analysis on EURUSD, GBPUSD, EURGBP, AUDUSD, NZDUSD, USDCAD, USDJPY, GBPJPY, EURJPY, Gold, WTI crude and Br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-13 21:17
Taggar: analysis, dollar, gold, market, oil, report

Gold Lower After Profit Taking


"Gold prices ended the U.S. day session lower Monday, on some more downside corrective pressure and profit taking after prices last week hit nearly three-month highs. Bearish outside markets?lower crud..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-13 20:32
Taggar: bear, bull, dollar, gold, market, oil, profit

Oil Drops on Strong USD and Rising US Output


"Oil on Monday declined by about 2 percent, the most since mid January, as a stronger dollar and signs of rising U.S. crude output pressured prices while an OPEC report showing high compliance with las..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-13 20:27
Taggar: dollar, oil, report

OPEC Reports Record Setting Compliance of Production Cut Deal


"OPEC on Monday revised up its forecast for worldwide oil demand in 2017 and reported record-setting compliance in the first month of a deal to reduce crude supplies. The new forecast comes after a rec..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-13 20:13
Taggar: oil, report

Oil in Trouble if OPEC Does to Extend Agreement


"Crude oil has slumped over 2 percent this year and could see more pain ahead if OPEC does not stick to production cuts it agreed upon in December. “I think oil is in a very dangerous zone now pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-09 17:18
Taggar: foreign exchange, oil, rate

Oil Trader Vitol Made Record Payout to Staff During Trading Boom in 2015


"Independent oil traders are typically big winners when the oil price crashes, as it offers arbitrage and storage opportunities. "

Blog: Forex Magnates
Tidsstämpel: 2017-02-08 20:55
Taggar: oil

XAU/USD ? Gold Hits 3-Month Highs as Markets Uneasy over Trump, Le Pen


"Gold has resumed its rally, posting considerable gains in the Wednesday session. In North American trade, the spot price for one ounce is $1241.24, as XAU/USD trades at 3-months. In economic news, the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 19:56
Taggar: gold, oil

Oil Nears Key Support on Large Inventory Build


"Senior Market Analyst Craig Erlam talks about today’s market news and gives his analysis on EURUSD, EURGBP, WTI crude, Brent crude, Gold, Copper and the Dow. WTI/USD ? US Crude Higher Despite Sh..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 19:46
Taggar: analysis, dollar, gold, market, oil, report

WTI/USD ? US Crude Higher Despite Sharp Rise in Inventories


"US crude has moved higher in the Wednesday session. In North American trade, US crude futures are trading at $52.37. Brent crude futures are trading at $55.30, as the Brent premium stands at $2.93. It..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 19:24
Taggar: oil, trading

GBP/USD ? Pound Inches Higher in Quiet Trade


"GBP/USD is showing little movement in the Wednesday session. In North American trade, the pair is trading at 1.2530. On the release front, British HPI declined 0.9%, well off the forecast of +0.2%. In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 18:22
Taggar: oil, trading

EIA Reports 13.8 Million Barrels Last Week


"The U.S. Energy Information Administration on Wednesday reported a fifth straight weekly increase in crude-oil supplies that was much more than the market expected. Inventories climbed by 13.8 million..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 18:17
Taggar: market, oil, report

Japan Current Account Surplus Hits 9 Year High


"Japan says its current account surplus hit a 9-year high in 2016, helped by lower costs for imported oil and improved exports. The perennial trade surpluses Japan runs with the U.S. are a sore point f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 16:49
Taggar: oil, point

EUR/USD ? Euro Under Pressure, US Jobless Claims Ahead


"EUR/USD as edged lower in the Wednesday session, as the pair continues to head lower this week. Currently, EUR/USD is trading at 1.0650. In economic news, it’s an unusually quiet schedule, with..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 12:11
Taggar: market, oil, trading

Oil: The API Tells Oil Bulls Goodbye


"Crude marks time in Asian trading, after last night’s API inventory numbers had oil skidding on the shale. Heading into my 50th birthday next week, I am certainly feeling like the old man of the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-08 10:52
Taggar: financial, market, oil, trading

Canadian Trade Has 2nd Consecutive Surplus in December


"Canada posted a second consecutive monthly trade surplus in December for the first time in more than two years, thanks largely to booming crude oil exports, Statistics Canada said on Tuesday. The $923..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-07 16:29
Taggar: oil

Asia Markets Sour on Political Risk


"Dealers tracked a sell-off on Wall Street where energy firms were hit by falling oil prices, while European traders are increasingly worried about upcoming polls in Germany and France. Two of Europe&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-07 06:23
Taggar: oil

Oil Lower as Strong USD Overrides OPEC Agreement


"Oil slipped further below $57 barrel on Monday as a stronger dollar and ample U.S. supplies outweighed OPEC output curbs and rising tensions between the United States and Iran. The dollar fell 0.3 per..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-06 17:34
Taggar: currencies, dollar, oil

CAD Weaker on Lower Energy Awaiting Trade and Jobs Data


"The Canadian dollar weakened against its U.S. counterpart on Monday as oil prices slipped and bond yields set a one-week low, with investors awaiting December trade data due on Tuesday for signs of mo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-06 17:24
Taggar: currency, dollar, loonie, oil

Oil Higher on Possible New Sanctions to Iran


"Oil prices edged higher on Friday in response to the possibility of new sanctions on Iran after U.S. President Donald Trump said “nothing is off the table” in response to its test launch o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-03 17:13
Taggar: oil

Flood of Light Crude to Asia May Push Prices Lower


"A flood of light crude oil set to arrive in Asia will likely push prices for regional grades lower, crimping revenues and potentially creating a supply surplus since local refiners are ill-equipped to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-03 16:02
Taggar: oil

Iraq Complies with OPEC Production Cut in January


"Iraq significantly reduced oil output in January, according to industry sources and export data on Wednesday, but has yet to reach levels expected by OPEC from its second largest producer. A Reuters s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-01 18:46
Taggar: oil

Oil Creeps Higher as Members Comply With Cuts


"Oil edged further above $55 a barrel on Wednesday supported by signs that Russia and OPEC producers are delivering on promised supply reductions, although a report showing a large rise in U.S. crude i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-02-01 15:26
Taggar: oil, report

Canadian GDP Rises 0.4% in November


"The output of Canada’s economy expanded by 0.4 per cent in November, led by mining, oil and gas, manufacturing and construction. Statistics Canada reported Tuesday that the monthly expansion was..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-31 17:21
Taggar: economy, oil, report

OPEC Output on Target with Production Cuts


"OPEC oil output is set to fall by 900,000 barrels per day (bpd) this month, a company that tracks OPEC supply said on Friday, pointing to a strong start by the exporter group in implementing a supply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-30 16:55
Taggar: oil, point

Oil Falls as US Drilling Increase Pressures Prices


"Oil prices fell on Monday as news of another weekly increase in U.S. drilling activity spread concern over rising output just as many of the world’s oil producers are trying to comply with a dea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-30 16:55
Taggar: oil, spread

Oil Slips as US Rigs Continue to Rise


"Oil prices were steady on Monday, but news of another increase in U.S. drilling activity spread concern over rising output just as many of the world’s oil producers are trying to comply with a d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-30 16:34
Taggar: oil, spread

U.S. Edges Toward Trade War


"U.S. and Mexico relations plunged into chaos on Thursday, pushing the countries closer to a trade war that threatens to spoil decades of friendship and economic cooperation. The feud grew increasingly..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-27 12:18
Taggar: oil

Venezuelan Bitcoin Miners Arrested for ?Electricity Theft?


"Four Bitcoin miners have been arrested in Charallave, Venezuela according to the spanish-language Bitcoin publication Criptonoticias. The arrest comes at a time of turmoil in Venezuela’s economy..."

Blog: Bitcoin.com
Tidsstämpel: 2017-01-26 16:00
Taggar: bitcoin, economy, oil

Democratic Senator Says Keystone Pipeline Still Facing Issues


"New executive orders expediting the approval and construction processes for oil pipeline projects may create jobs, but issues of sourcing and exports could slow negotiations for TransCanada’s ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-25 20:10
Taggar: oil

BP Says Oil Demand Will Rise Despite Electric Cars


"Global demand for oil will still be growing in 2035 even with an enormous growth in electric cars in the next two decades, with numbers on the road rising from 1m to 100m, BP has predicted. The oil an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-25 19:52
Taggar: oil, spread

USD/CAD ? Canadian Dollar Rally Continues


"USD/CAD has posted slight gains in the Wednesday session, as the pair trades at the 1.31 line. It’s been a good week for the Canadian dollar, which has posted gains of 1.5 percent. On the releas..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-25 15:09
Taggar: dollar, oil

USD/CAD ? Canadian Dollar Dips on NAFTA Worries


"USD/CAD has posted slight gains in the Tuesday session, as the pair trades at 1.3260. On the release front, there are no Canadian events on the schedule. In the US, today?s highlight is Existing Home..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-24 15:32
Taggar: home sales, market, oil

OPEC and non-OPEC Energy Minister Consider Output Cut a Success


"OPEC and non-OPEC countries have made a strong start to lowering their oil output under the first such pact in more than a decade, energy ministers said on Sunday as producers look to reduce oversuppl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-23 18:16
Taggar: oil

Russia Overtakes Saudi Arabia in China Oil Supply Leadership


"Russia overtook Saudi Arabia in 2016 to became China’s biggest crude oil supplier for the first year ever, customs data showed on Monday, boosted by robust demand from independent Chinese “..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-23 18:12
Taggar: oil

Needham: Banning Does Not Prevent Bitcoin Adoption


"Needham & Company LLC, released a note for investors Thursday on the ‘Economic and Financial Turmoil Driving Bitcoin Interest & Adoption’. The note discusses various indicators the..."

Blog: Bitcoin.com
Tidsstämpel: 2017-01-20 19:00
Taggar: bitcoin, financial, indicators, inflation, oil

Oil Output Cuts Have Entered Probation Period ? IEA


"World oil markets are slowly tightening as demand rises while investors wait to see if production cuts agreed by OPEC and other producers will be implemented as promised, the International Energy Agen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-19 14:56
Taggar: market, oil, report

Saudi Aramco?s IPO Still on for 2018


"The world’s biggest oil company, Saudi Aramco, is still planning to go public next year. “We’re still looking at 2018 and no change in our plan to deliver in that time,” Aramco..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-18 18:11
Taggar: oil

OPEC Sees Smaller Oil Glut, Upbeat on Cut Compliance


"OPEC signalled a falling oil supply surplus in 2017 on Wednesday as the producer group’s output declines from a record high and outside producers show positive initial signs of complying with th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-18 16:09
Taggar: oil

IEA President Says Oil Prices Facing Downward Pressure Despite OPEC


"Oil prices are set to fall later this year despite the recent OPEC agreement to limit production, Fatih Birol, the executive director at the International Energy Agency, has told CNBC. The oil cartel&..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-17 19:13
Taggar: oil

Oil Rises After Saudi Comments on Production Deal Term


"Oil rose in New York after Saudi Arabia?s energy minister said OPEC probably won?t need to extend its supply cuts beyond June as the market reaches a balance. Futures rose 0.5 percent in New York afte..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 22:15
Taggar: market, oil

Oil Under Pressure as Doubts Remain Production Cuts Will Make a Difference


"Oil prices were under pressure on Monday due to doubts that large oil producers will reduce production as promised and on expectations that U.S. production would increase again this year. Benchmark Br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 18:24
Taggar: oil

Chinese Oil Demand to Keep Going Strong


"There is little doubt China’s crude oil imports enjoyed a robust 2016, hitting a record high. The question is how long the party can continue? Customs data released on Jan. 13 showed Chinese imp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 18:21
Taggar: oil

Iran Confident Oil Prices will Rise


"Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise further as a result. ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 18:13
Taggar: oil

Saudi Arabia Pledges Commitment to Production Deal and is Optimistic on Results


"Saudi Arabia will adhere strictly to its commitment to cut output under the global agreement among oil producers, its energy minister said on Monday, expressing confidence that OPEC’s plan to pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 18:07
Taggar: oil

Iran Confident Oil Prices Will Rise as Output Falls


"Iran’s oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise further as a result. ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-16 12:46
Taggar: oil

Ratings outlook never worse as Italy kicks off year?s crucial calls


"The number of countries at risk of having their credit ratings cut has never been higher as the first of the year’s crucial reviews looms on Friday in the shape of European struggler Italy. Glob..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-13 18:02
Taggar: oil

Dollar sell off abates


"The markets have continued to play off Wednesday?s press conference by US President-elect Donald Trump, as dealers appetite for US Dollars ebbed when US Treasury yields traded with a softer bias. Comm..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-13 03:30
Taggar: dollar, gold, market, oil, rate

OPEC Could Expand Cut Agreement by 6 Months


"OPEC could extend its oil output cuts to the end of 2017, provided other producers continue to play ball. Less than two weeks into an agreement between OPEC and non-OPEC producers to cut output by 1.8..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-12 18:08
Taggar: oil

Loonie Higher on Higher Oil and Struggling USD


"The Canadian dollar strengthened to a near 3-month high against its U.S. counterpart on Thursday as oil prices rose and the greenback extended losses that began after U.S. President-elect Donald Trump..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-12 17:50
Taggar: currencies, dollar, oil

OPEC Secretary General Expects Global Oil Inventories to Fall in Q2


"OPEC expects to see global oil inventories fall by the second quarter of this year in response to producers’ agreement to cut output, OPEC Secretary-General Mohammed Barkindo said on Thursday. S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-12 17:47
Taggar: oil, report

Oil Prices Higher After OPEC Cuts Trickle In and Chinese Demand Grows


"Oil prices jumped more than $1 a barrel on Thursday on news that key OPEC members were cutting production as promised and on forecasts of strong demand growth in China. Brent crude oil LCOc1 rose $1.3..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-12 17:45
Taggar: oil

Saudi Arabia Cut its Oil Production to 2 Year Low


"Saudi Arabia has cut oil output to its lowest in almost two years, its energy minister said on Thursday, as the world’s largest oil exporter leads OPEC’s drive to eradicate a global glut a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-12 17:14
Taggar: oil

Global Oil Industry Expected to Expand in 2017


"The global oil industry is slated to make some big investments in 2017 following a painful two-year spending slump. And the U.S. — specifically Texas — is expected to lead the recovery. In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 21:10
Taggar: investment, oil

XAU/USD ? Gold Closing in on $1200 Level, US Jobless Claims Ahead


"Gold continues to move higher and has posted gains in the Wednesday session. In North American trade, the spot price for one ounce is $1197.90. On the release front, there are no major US releases on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 20:34
Taggar: gold, oil

WTI/USD ? Crude Rebounds on Signs of OPEC Compliance With Cuts


"After a two-day slide, US crude has rebounded in the Wednesday session. In North American trade, US crude futures are trading at $52.23. Brent crude futures are trading at $55.37, as the Brent premium..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 19:35
Taggar: oil, trading

Oil Prices Rise on OPEC and Trump


"Oil prices rose on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and signs of rising shipments from other producers kept gains in check. Brent cru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 18:23
Taggar: oil

USD/CAD ? Canadian Dollar Unchanged Ahead of Crude Inventories and Trump Speech


"The Canadian dollar is unchanged in the Wednesday session. Early in the North American session, USD/CAD is trading at 1.3250. On the release front, there are no Canadian events on the schedule. In the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 15:18
Taggar: dollar, oil, trading

Oil Rises as Saudis Cut Supplies to Asia


"Oil prices rose for the first time in three days on Wednesday, following news of Saudi supply cuts to Asia, but persistent doubt over output reductions and signs of rising shipments from other produce..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 14:17
Taggar: oil

Oil and Gas Industry Sparks Increase in Industrial Output


"British industrial output rebounded in November, helped by a recovery in oil and gas and adding to signs that the economy kept its momentum in late 2016 despite June’s shock Brexit vote. But Bri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-11 12:20
Taggar: economy, oil, rate

EIA Says US Oil Production in 2018 to rise by 300,000 Barrels


"The U.S. Energy Information Administration expects U.S. crude oil production in 2018 to rise by 300,000 barrels per day (bpd) year-on-year, according to its monthly short term energy outlook released..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-10 20:36
Taggar: oil

Russia and Kazakhstan Announce Higher than Expected Cuts as per Agreement


"Russia and Kazakhstan said they?ve met or exceeded their initial goals for trimming oil output, bringing cuts by non-OPEC nations in the first 10 days of this year to more than a quarter of the total..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-10 15:51
Taggar: oil

CAD Falls as Oil Prices Lower on Monday


"The Canadian dollar was slightly weaker against its U.S. counterpart in early trade on Monday, as crude oil prices fell. At 8:48 a.m. ET (1348 GMT), the Canadian dollar was trading at C$1.3243 to the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-09 19:33
Taggar: bank, dollar, oil, trading

Oil Headed Lower After US Production Expected to Rise


"Oil fell more than 2 percent on Monday as signs of growing U.S. production outweighed optimism that many other producers, including Russia, were sticking to a deal to cut supplies in a bid to bolster..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-09 19:22
Taggar: market, oil

Energy Company Expected to Bump E&P Spending in 2017


"Global oil and gas companies are expected to raise exploration and production (E&P) spending in 2017 by 7 percent, marking the first increase in three years, Barclays said on Monday. Oil prices h..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-09 19:16
Taggar: market, oil

Brexit Battering


"Global equity markets have turned sour as the energy sectors stumble on crude oil?s decline on the fallout from both the Baker Hughes rig count and Iran capitalising on their exemption from the OPEC o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-09 01:38
Taggar: market, oil

Oil Higher But Doubts Remain About OPEC Agreement Success


"Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-06 17:15
Taggar: oil, share, trading

Kuwait Reduces Oil Production under OPEC Cut Agreement


"Gulf OPEC member Kuwait has reduced oil production in January to around 2.707 million barrels per day, meeting its output target under an OPEC supply cut agreement, a Kuwaiti oil official said on Frid..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-06 17:12
Taggar: oil

Iran Sells Half of Stored Oil Capitalizing on OPEC Production Cut


"Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market share and court new buyers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-06 17:05
Taggar: market, oil, share

Dollar Steadies Ahead of Jobs Data


"China?s offshore yuan fell the most in a year to pare a record weekly rally, while Mexico?s peso climbed after the central bank sold dollars. European shares fell and Asian equities were mixed before..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-06 12:15
Taggar: bank, dollar, oil, pound, report, share, shares

WTI/USD ? US Crude Steady as Crude Inventories Dive


"US crude has edged lower in the Thursday session. In North American trade, US crude futures are trading at $52.95. Brent crude futures are trading at $56.22, as the Brent premium stands at $3.27. In t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-05 18:44
Taggar: employment, oil, trading

European Inflation Rose Thanks to Energy Price Increase


"Europe appears to have seen off the deflation bugbear that has stalked it for the past couple of years. Consumer prices across the 19 countries that use the euro grew in December at their fastest rate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-05 18:33
Taggar: bear, oil, rate

US Oil and Gas M&A Activity Hit $69B in 2016


"Dealmaking in the U.S. oil and gas sector rebounded strongly in 2016, as buyers scooped up prime acreage that can produce at a profit while crude prices are low, according to a new report. Mergers and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-05 18:09
Taggar: oil, profit, report

Oil Gains as Saudi Arabia Starts Planning for Cuts


"Oil prices rose on Thursday after Saudi Arabia started talks with customers about a reduction in crude sales to support a plan by OPEC to reduce global supply. The Organization of the Petroleum Export..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-05 16:15
Taggar: oil

WTI/USD ? US Crude Unchanged Ahead of Fed Minutes


"US crude prices are steady on Wednesday, after losing ground in the Tuesday session. In North American trade, US crude futures are trading at $52.69. Brent crude futures are trading at $56.03, as the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-04 18:35
Taggar: dollar, oil, trading

Can Bureaucrats Really Regulate Bitcoin?


"Discussion about bitcoin regulation often resembles mixing oil and water. This becomes more apparent as governments and bureaucrats worldwide ponder how they can apply regulatory policy to bitcoin. As..."

Blog: Bitcoin.com
Tidsstämpel: 2017-01-04 02:00
Taggar: bitcoin, currency, oil

Russian Oil Production Remained at 30 Year High in December


"Russian oil production in December stood unchanged at 11.21 million barrels per day (bpd), flat month on month and at its highest in almost 30 years, energy ministry data showed on Monday. Russia is p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-03 18:46
Taggar: oil

Oil Rises on OPEC Start of Production Cut Deal


"Oil futures moved sharply higher on Tuesday on hopes OPEC?s deal to cut production that set in on Sunday will help to stabilize the market in 2017. February West Texas Intermediate crude CLG7, -1.14%..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-03 18:40
Taggar: market, oil

German Inflation Doubled in December


"The pace of German inflation more than doubled in December, driven by a surge in oil that is set to mask continued weakness in underlying price pressures in the months ahead. Consumer prices rose 1.7..."

Blog: OANDA Forex Blog
Tidsstämpel: 2017-01-03 18:16
Taggar: inflation, oil

More Surprises


"German inflation accelerated sharply in December. The Chinese manufacturing purchasing managers index compiled by Caixin rose a full point to a 47-month high of 51.9 in December. The production subind..."

Blog: Currency Thoughts
Tidsstämpel: 2017-01-03 15:31
Taggar: inflation, oil, point, rate

One of These 5 Hyperinflating Economies Could Adopt Bitcoin in 2017


"Fourteen countries have inflation levels above 18 percent right now, 10 of which are rising at press time. Bitcoin prices and new user adoption have spiked several times in the past during economic tu..."

Blog: Bitcoin.com
Tidsstämpel: 2016-12-28 19:00
Taggar: bank, bitcoin, inflation, oil

Geopolitical Turmoil Spurs Bitcoin Investments Worldwide


"As many economists predicted, the Italian constitutional referendum of 2016 shook the country?s banking system to the core. Italian bank stocks have plummeted drastically since the referendum and it c..."

Blog: Bitcoin.com
Tidsstämpel: 2016-12-28 02:00
Taggar: bank, bitcoin, investment, oil

Oil Falls as Libya Boosts Production


"Oil slipped below $55 a barrel on Friday as a stronger U.S. dollar weighed on commodities and as higher Libyan output threatened to counter some of the supply cuts planned by OPEC and other producers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-23 15:01
Taggar: dollar, oil, trading

Softer Dollar but Firmer Oil Price


"On this last full session before the Christmas break, the dollar fell 0.5% against the euro and 0.4% relative to the Swiss franc. Dollar/yen is steady and the dollar has strengthened against sterling..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-22 18:28
Taggar: aussie, dollar, oil

Five Things to Watch Today


"It’s a bad day for European banks, Blackstone ends its ‘endless’ fund, and oil’s rising again. Here are some of the things people in markets are talking about today. Euro banks..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-22 14:49
Taggar: bank, market, oil

Oil Prices Fall as U.S. inventories, Libya Output Weigh


"Oil prices slipped in tepid Asian trading on Thursday, dragged down by an unexpected rise in U.S. crude inventories last week and moves by Libya to boost output over the next few months. But the fall..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-22 12:50
Taggar: dollar, oil, trading

WTI/USD ? US Crude Edges Lower as Crude Inventories Jumps


"US crude has recorded small losses on Wednesday, erasing the gains made in the Tuesday session. In North American trade, WTI/USD futures are trading at $53.22. Brent crude futures are trading at $55.2..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-21 18:16
Taggar: oil, trading

Oil Prices Lifted by Expected Fall in U.S. Inventories


"Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-21 15:51
Taggar: oil

Oil to Remain Close to $50 if OPEC Sticks to Supply Cuts


"It was a roller coaster year for oil prices. And little wonder. Iranian oil flooded onto world markets after sanctions were lifted, OPEC squabbled over production levels and then ended the year with a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-20 18:08
Taggar: market, oil

Oil Unchanged After Compliance Doubts Remain on OPEC Deal


"Oil prices were little changed on Monday, with little news to influence a market waiting to see whether U.S. production from shale fields will grow enough to offset planned output cuts by OPEC, Russia..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-19 21:42
Taggar: market, oil

Japan Posts 1.3B Surplus in November


"Japan posted a goods trade surplus of 152.51 billion yen ($1.30 billion) in November for the third straight monthly surplus, after imports fell more than exports due to cheaper crude oil prices and th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-19 21:23
Taggar: oil

Currencies To Watch in 2017


"The pound, krone and rand are the currencies to watch heading into 2017 as technical charts and supportive cross-asset themes signal their recent momentum may continue. Emerging-market equities and oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-18 10:33
Taggar: currencies, market, oil, pound

When Will Oil Markets Rebalance?


"The first half. No, the second. Certainly this year. Or next. That?s the range of views you?ll hear if you ask the International Energy Agency, OPEC, Saudi Arabia and the U.S. government when the prod..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-15 16:02
Taggar: oil

FOMC Preview


"The last FOMC meeting occurred right before the U.S. election result heard round the world. Trump’s unanticipated victory and the broad-based policy changes that he intends to pursue have also p..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-14 18:47
Taggar: dollar, market, oil

OPEC Signals Larger Oil Surplus, Unless Cuts Implemented


"OPEC on Wednesday signaled a growing oil supply surplus next year unless members implement their deal to curb output from record levels and outside producers also deliver on cutback pledges made at th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-14 16:12
Taggar: oil

Markets Comfortable with Tomorrow?s Likely Fed Tightening


"Stocks have risen in Asia, Europe and North America. Ten-year German bunds and British gilt yields are down three basis points. The 10-year JGB yield edged a basis point lower, and the 10-year Treasur..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-13 18:39
Taggar: gold, oil, point, trading

Russian Energy Minister to Discuss Cuts with Oil Companies this Week


"Russian Energy Minister Alexander Novak said he would discuss with Russian oil companies on Wednesday how they will cut oil production to implement a pact between OPEC and non-OPEC oil-producing natio..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-13 16:44
Taggar: oil

Oil Higher on OPEC and Other Major Producers Agreement


"Oil prices rose on Tuesday, supported by strong demand in Asia and supply cuts by Abu Dhabi, Kuwait and Qatar as part of production curbs organized by OPEC and other exporters. But traders said the ma..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-13 16:43
Taggar: financial, market, oil, profit

More Record Highs Eyed Ahead of Fed Tomorrow


"US traders are eyeing more record highs as we near the open on Wall Street on Tuesday, with all three major indices currently seen opening around a third of a percentage point higher. The Trump rally..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-13 14:59
Taggar: oil, point

Output Deal Could Cut Oil Surplus in Half


"On paper, OPEC?s supply deal could drain almost half the global oil glut within six months. Record inventories accumulated since 2014 will dwindle at a rate of about 760,000 barrels a day in the first..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-13 09:54
Taggar: oil, rate

Profit Taking sets in


"Profit Taking sets in  There are lots of moving components for the markets to manage and the week has merely begun. Global bond yields continued to ratchet higher as the bell weather US 10-year Treasu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-13 02:40
Taggar: market, oil, profit

US Shale Producers The Real Winners of OPEC Deal


"There’s joy in the U.S. oil patch, as other oil-producing countries joined OPEC in a deal to slash crude production. U.S. crude futures soared Monday, rallying 3.2 percent at midday to $53.17 pe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-12 21:27
Taggar: oil

WTI/USD ? US Crude at Highest Level Since July 2015


"US crude has posted slight losses in the Monday session. Currently, WTI/USD futures are trading at $53.11. Brent crude futures are steady at $55.86, as the Brent premium stands at $2.75. On the releas..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-12 18:25
Taggar: oil, trading

Oil Surges as Non-Opec Strike Output Deal


"Senior Market Analyst Craig Erlam discusses the oil production cut that was agreed between OPEC and non-OPEC members over the weekend and gives his analysis on Brent crude, WTI crude, EURUSD, USDCAD..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-12 18:20
Taggar: analysis, cpi, market, oil, pound

Solidarity of Oil Producers Lifts Oil Prices by More Than 4.0%


"The price of West Texas Intermediate crude oil leaped 4.2% to $53.68 per barrel. At a meeting on Saturday, the Saudis showed a readiness to cut production even more than agreed previously, and non-car..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-12 17:49
Taggar: oil

Oil Boosted by Iraq OPEC Cut Comments


"Iraq is committed to cutting its production to comply with a global pact to support prices, the country’s oil minister said, adding he was nevertheless confident OPEC’s No. 2 producer has..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-12 15:42
Taggar: oil

Oil Surges as non-OPEC Countries Join Output Cut


"Oil jumped to the highest since July 2015 after Saudi Arabia signaled it?s ready to cut output more than earlier agreed while non-OPEC countries including Russia pledged to pump less next year, streng..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-12 10:53
Taggar: oil

Euro Continues Post-ECB Slide


"Senior Market Analyst Craig Erlam discusses the ECB monetary policy decision and press conference from Thursday and gives his analysis on EURUSD, EURGBP, EURJPY, USDJPY, GBPJPY, GBPUSD, AUDUSD and USD..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-09 19:56
Taggar: analysis, bear, market, oil

Russia Holding Talks Ahead of Saturday?s Oil Producers Meeting


"Russia plans to meet with some OPEC and non-OPEC nations on Friday to discuss unresolved issues related to a planned oil-output cut before wider talks the following day in Vienna, a Russian government..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-09 17:58
Taggar: oil

Saudi Arabia Tells US and European Customers it Will Cut Deliveries in January


"Saudi Arabia has told its U.S. and European customers it will reduce oil deliveries from January as Russia signaled that a commitment from non-OPEC producers to join OPEC’s output limits still f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-09 17:46
Taggar: oil

Crude Traders Expect Energy Market Rebalancing in 2H of 2017


"Crude traders expect the oil market to begin tightening and gradually move into deficit, but the shift is not forecast to occur much before the second half of 2017. The expected timetable for rebalanc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-09 17:45
Taggar: market, oil

Oil Stockpiles Unlikely to Fall Considerably Next Year


"OPEC is likely to bring the oil market into balance by the middle of next year, but its production cut looks set to fall short of its stated goal of draining the stockpiles that are depressing prices..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-09 11:38
Taggar: market, oil

Only 5 Non-OPEC Producers to Attend Saturday?s Meeting


"Only five of 14 non-OPEC oil producers have agreed so far to meet the group on Saturday for talks aimed at widening a deal to reduce output, casting doubt on whether OPEC will secure the full cuts it..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-08 21:30
Taggar: oil

Non-OPEC Producers Might not Be as Motivated to Join Cut


"The Organization of the Petroleum Exporting Countries played hardball with oil producers over the last two years, and now the cartel wants nonmembers to take one more hit. OPEC’s free-market pol..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-08 18:05
Taggar: market, oil, rate

Reuters Poll Says OPEC Will Have in Effect in Inventories Not Prices


"OPEC’s landmark oil-production deal may prove effective in running down global inventories, but analysts hold little hope for much of a rise in prices, a Reuters poll showed on Thursday. If all..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-08 16:41
Taggar: oil

EUR/USD Firm as Markets Prepare for ECB Meeting


"EUR/USD was firm today ahead of tomorrow’s meeting of the European Central Bank. Analysts do not expect changes to interest rates, but think that the ECB may extend its..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-12-07 23:59
Taggar: bank, oil, rate

WTI/USD ? US Crude Shrugs off Decline in Crude Inventories


"US crude prices have ticked lower on Wednesday session, but remain above the symbolic level of $50. In North American trade, WTI/USD futures are trading at $50.48. Brent crude futures are steady at $5..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-07 18:50
Taggar: oil, trading

USD/CAD ? Canadian Dollar in Holding Pattern Ahead of BoC Rate Decision


"The Canadian dollar is unchanged in the Wednesday session. In North American trade, USD/CAD is trading at 1.3270. On the release front, the US releases JOLTS Job Openings, with the indicator expected..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-07 15:41
Taggar: bank, dollar, oil, trading

Bank of Canada to Keep Rates Unchanged


"Oil price surge and improving conditions to keep interest rate on hold The Bank of Canada (BoC) will release its rate statement on Wednesday, December 7 at 10:00 am EST. The central bank is not expect..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-06 23:28
Taggar: bank, oil, rate

WTI/USD ? US Crude Dips Lower, Crude Inventories Next


"Oil prices have ticked lower on Tuesday session, following four straight winning sessions. In North American trade, WTI/USD futures are trading at $50.80. Brent crude futures have climbed to $53.96, a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-06 18:25
Taggar: oil, trading

Oil Slips as OPEC Increases Production After Reaching Deal


"Oil retreated from the highest close in 16 months as OPEC pumped a record amount of crude in November, partly led by members exempt from cutting output as part of last week?s deal to curb supply. Futu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-06 17:12
Taggar: oil

OPEC Output Set Record High Ahead of Cut


"OPEC’s oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by higher Iraqi exports and extra barrels from two nations exemp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-05 18:56
Taggar: oil

WTI/USD ? Crude Rally Hits 16-Month High


"Oil prices continue to climb in the Monday session. In North American trade, WTI/USD futures are trading at $51.92. Brent crude futures have climbed to $54.99, as the Brent premium stands at $3.07. In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-05 18:45
Taggar: employment, oil, trading

Euro Down, But Not Out After Renzi Loss


"Monday December 5: Five things the markets are talking about Is there EMU turmoil on the horizon? The odds are beginning to stack up. Italy’s pro-EU Renzi stood down as PM earlier this morning a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-05 13:37
Taggar: market, oil

Next Week


"Special Events and Holidays: Italian voter referendum on constitution reform (December 4) and Britain’s high court to hear an appeal on Brexit. Spain’s Constitution Day (December 6). Purch..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-02 22:04
Taggar: oil

Mid Morning APAC Aussie Update


"Action on the OZ has been very limited ahead of tonight’s NFP. There was a muted market  response to the better than expected retail sales print earlier today  as the market remains driven by th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-02 05:28
Taggar: market, oil, retail sales

Sharp Overnight Increases in Price of Oil and Long-Term Interest Rates


"West Texas Intermediate crude oil traded another 3.3% higher to $51.05 per barrel. Manufacturing purchasing manager surveys from November were mostly encouraging on growth but also reflect intensifyin..."

Blog: Currency Thoughts
Tidsstämpel: 2016-12-01 18:57
Taggar: inflation, oil, point

WTI/USD ? US Crude Continues Rally on OPEC Agreement


"Oil prices have climbed sharply on Thursday, continuing the strong gains which marked the Wednesday session. In North American trade, WTI/USD futures are trading at $51.48. Brent crude futures punched..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-01 18:50
Taggar: oil, trading

Saudi?s Accept Big Hit in OPEC Output Deal


"OPEC has agreed its first oil output cuts since 2008 after Saudi Arabia accepted “a big hit” on its production and dropped its demand on arch-rival Iran to slash output, pushing up crude p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-12-01 11:19
Taggar: oil

OPEC Production Cut Accord Sets Tone for Wednesday?s Financial Markets


"OPEC oil ministers in Vienna announced a 1.2 million barrel per day production cut to 32.5 mb/d. Saudi Arabia, Iraq and Iran are on board, and there’s reason to believe Russia will take actions..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-30 18:22
Taggar: oil

WTI/USD ? US Crude Surges as OPEC Reaches Output Agreement


"Oil prices have risen sharply on Wednesday, as OPEC members reached a deal on production cuts at a meeting in Vienna. In North American trade, WTI/USD futures are trading at $48.70. Brent crude future..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 18:17
Taggar: oil, trading

OPEC Agrees to Oil Cut with Saudi Arabia Leading the Charge


"OPEC has agreed its first limit on oil output since 2008, sources in the producer group told Reuters, with Saudi Arabia accepting “a big hit” on its production and agreeing to arch-rival I..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 17:36
Taggar: oil

Oil and CAD Rally on Reports of OPEC Deal


"Senior Market Analyst Craig Erlam discusses today’s OPEC meeting and economic data, then gives his analysis on EURUSD, GBPUSD, USDCAD, AUDUSD, EURJPY, Brent crude and WTI crude. OPEC to Save Fac..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 15:59
Taggar: analysis, gold, market, oil, point, retail sales

Canada: GDP by industry, September 2016


"Real gross domestic product rose for the fourth consecutive month in September, growing 0.3%. Higher output in the mining, quarrying, and oil and gas extraction sector was the major contributor to the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 15:36
Taggar: oil

OPEC Agrees to Cut Production


"OPEC clinched a deal to curtail oil supply, confounding skeptics as the need to clear a record global crude glut — and prove the group?s credibility — brought about its first cuts in eight..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 15:31
Taggar: oil, report

OPEC Woes Kept Hurting Market Sentiment


"Global oil producers meet in Vienna to take the historic step of cutting output for the first time in eight years."

Blog: Forex Magnates
Tidsstämpel: 2016-11-30 15:07
Taggar: oil

Oil Up More Than 7% as OPEC Nears Deal


"Oil prices jumped more than 7 percent on Wednesday as some of the world’s largest oil producers gathered in Vienna to agree on a production cut that could be bigger than expected. Brent crude fu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 14:35
Taggar: oil

Saudi?s Take Big Step to OPEC Output Deal


"Saudi Energy Minister Khalid al-Falih said on Wednesday OPEC was close to clinching a deal to limit oil output, adding Riyadh was prepared to accept “a big hit” on its own production and a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 14:32
Taggar: oil

OPEC Talks Begin


"OPEC began on Wednesday debating a deal to curtail oil production and prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action. Ministers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 10:38
Taggar: oil

OPEC Deal Uncertain as Ministers Meet in Vienna


"European equity markets are expected to open a little mixed, while oil is seeing some profit taking following yesterday?s sharp losses as OPEC ministers prepare to meet in Vienna. Moves in oil have be..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-30 09:36
Taggar: market, oil, profit

Canadian Dollar Waiting on OPEC Decision


"USD putting pressure on oil and metals as OPEC debates agreement Commodity currencies have depreciated as global prices of oil and gold have dropped against a recovering U.S. dollar following the U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-29 20:36
Taggar: currencies, dollar, economy, gold, loonie, oil

Many Data Releases and a Drop in Oil


"With Wednesday’s OPEC meeting in Vienna looming, WTI oil slumped 3.6% to $45.38 per barrel. No deal to control production has emerged so far. Gold and industrial metal prices are lower, too. The..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-29 18:34
Taggar: dollar, gold, kiwi, oil

Iran Says It Won?t Cut Oil Production


"Iran, OPEC?s third-largest oil producer, said it won?t cut output as members of the exporter group met in Vienna before a crucial summit on Wednesday. The country isn?t prepared to reduce supply, Oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-29 16:41
Taggar: oil

Doubts Over OPEC Deal Weigh on Oil Prices


"Oil prices fell 2 percent on Tuesday on signs leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply. The Organization of the Petroleum Exporting Countries..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-29 15:40
Taggar: oil

Brazilian Real Rises on the Back to Oil Price Rise


"Latin American currencies strengthened on Monday as crude prices rebounded, supporting demand for higher-risk assets. Oil prices gained 2.5 percent after falling as much as 2 percent ahead of a meetin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-28 20:41
Taggar: currencies, oil

Iraq Support of OPEC Deal Boosts Crude Price


"Oil prices gained more than 2 percent on Monday in volatile trading, recouping losses as the market reacted to the shaky prospect of major producers being able to agree to output cuts at a meeting on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-28 17:14
Taggar: market, oil, trading

Oil Volatile Ahead of OPEC Meeting in Vienna


"Oil prices gained more than two percent on Monday in volatile trading after falling as much as two percent, recouping losses as the market reacted to the shaky prospect of major producers being able t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-28 17:10
Taggar: market, oil, trading

Bunds Lead EZ Bond Yields Lower


"Germany led euro zone bond yields lower on Monday after fears that major oil producers could fail to agree an output cut at a meeting this week hurt oil prices, tempering the inflation trade that has..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-28 15:40
Taggar: inflation, market, oil

Asian Shares Slide on OPEC Skepticism


"The oil gloom hit Asia?s biggest energy stocks. In Australia, Woodside Petroleum was down 2.5% and BHP Billiton, whose second-biggest division is petroleum, was down 2.3%. Japanese oil explorer Inpex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-28 05:46
Taggar: inflation, oil

Next Week


"Special Events: OPEC oil ministers meeting on November 30th in Vienna. OECD publishes its Outlook on November 28th. Central Banks: Monetary Policy meetings in Brazil and Sri Lanka. New York Federal Re..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-26 01:44
Taggar: bank, oil

Libya Under Pressure to Devalue Currency


"Libya?s UN-backed government is under mounting pressure to devalue its currency, joining other energy producers from Nigeria to Kazakhstan that have buckled in the face of tumbling revenue and domesti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-25 14:35
Taggar: currency, market, oil

EUR/USD ? Euro Posts Slight Gains, Hugging 1.06


"EUR/USD has edged upwards on Friday, as the pair trades at the 1.06 line. US markets were closed on Thursday for Thanksgiving and trade will likely remain light until next week. On the release front..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-25 10:42
Taggar: market, oil, us market

ASIC Broadens Investigation into TitanTrade?s Business Associates


"ASIC is currently investigating the website, persons and entities associated with the international boiler room."

Blog: Forex Magnates
Tidsstämpel: 2016-11-24 20:50
Taggar: oil

WTI/USD ? US Crude Subdued in Light Holiday Trade


"US crude is showing little movement in the Thursday session. In North American trade, WTI/USD futures are trading at $47.96. Brent crude futures are trading at $48.90, as the Brent premium stands at $..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-24 18:44
Taggar: market, oil, trading, us market

Russia Will Only Agree to Oil Freeze


"Facing pressure from OPEC to make a significant output reduction, Russia reiterated its readiness to freeze oil production at current levels, arguing that the offer amounted to a cut compared with nex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-24 17:56
Taggar: oil, rate

Azerbaijan signals OPEC wants big cuts from non-OPEC producers


"OPEC may ask oil producers outside the cartel to make big cuts in output, Azerbaijan said on Thursday, highlighting the challenges in striking a deal as the two sides enter the final stages of talks a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-24 15:36
Taggar: oil

Could OPEC Push Oil Back to $90? What Do the Charts Say?


"It looks like the oil market could be in for a good time in 2017."

Blog: Forex Magnates
Tidsstämpel: 2016-11-24 10:32
Taggar: market, oil

Wednesday Before Thanksgiving Rundown


"The dollar gained broad ground, closing near the day’s highs including 112.53 per yen. Japanese markets were closed for Labor Thanksgiving. Stocks and bond yields climbed. Gold fell below $1,200..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-24 06:26
Taggar: bank, dollar, gold, market, oil, rate, report

North Sea Oil Glut to Get Short-Term Relief


"A glut of North Sea oil that?s helped depress global prices and heap pressure on OPEC is poised for short-term relief after traders booked tankers to take as much as half of the region?s key oil flow..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-23 14:02
Taggar: oil

Ringgit Sentiment Continues to Sour


"The ringgit fell as much as 0.5 percent to the lowest in more than 13 months after Bank Negara Malaysia warned foreign banks this month against using offshore forwards to bet against the currency. A t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-23 04:46
Taggar: bank, currency, oil

OPEC Deal Next Week Still Facing Doubts from Iran and Iraq


"OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal’s success hinges on an agreement from Iraq and Iran, which are far fr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 18:32
Taggar: oil

Oil Crash Cost American Oil Fields $4 Billion in Wages


"As the price of crude shows little sign of a resurgence to its levels from two years ago, some parts of America’s oil country are taking a much bigger hit than others. When global oil prices cra..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 18:27
Taggar: oil

Dow Tops 19,000


"Stocks headed toward their highest level in almost a month as a rally in metals lifted commodity producers from BHP Billiton Ltd. to Anglo American Plc. Oil fluctuated. The MSCI All Country World Inde..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 17:32
Taggar: gold, market, oil, share, shares

Oil Rise Continues on Hope of OPEC Deal


"Oil prices rose on Tuesday to their highest this month as a growing consensus emerged in the market that OPEC would overcome internal disputes and scepticism to strike a deal that materially reduces c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 16:28
Taggar: market, oil

Markets Glad All Over


"Commodities continued to rally strongly overnight. West Texas Intermediate crude oil leaped another 3.9% to $47.49 and is up 9.3% in the past five business sessions. Precious metals and industrial met..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-22 14:21
Taggar: gold, oil

Markets Live : Aussie Dollar Bounce


"12:59 PM Sydney   OANDA Australia and Asia Pacific senior currency trader Stephen Innes said that the greenback was due for some profit taking following its strong rally over the past days. “The..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 04:03
Taggar: currency, currency trade, dollar, oil, profit

Equities Soar


"Equities Soar The holiday week trading conditions were little deterrent to US investors who ramped up their portfolio as major US indices rocketed to record highs. For the most part, this was spurred..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 03:53
Taggar: oil, trading

Holiday Induced Consolidation


"Holiday Induced Consolidation  With the USD consolidating of sorts and the UST 10?s stabilising around 2.31-32% as the global bond market sell-off abates,   G-10 traders attention was diverted to the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-22 01:12
Taggar: market, oil

USD Pares Gains But Will it Last?


"Senior Market Analyst Craig Erlam gives his analysis on EURUSD, GBPUSD, EURGBP, USDJPY, Brent and WTI crude. XAU/USD ? Gold Under Pressure as Fed Rate Hike Imminent Oil Gains on Hopes of OPEC Output D..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-21 19:43
Taggar: analysis, dollar, gold, market, oil, rate

Oil Surges on OPEC Production Agreement Hopes


"Oil prices rose 3 percent on Monday to their highest in three weeks, catching a lift from a weaker dollar, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week. Brent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-21 17:43
Taggar: dollar, oil

Japan?s Trade Surplus Expanded to $4.5 Billion


"Japan’s trade surplus expanded 4.7-fold in October from a year earlier to 496.17 billion yen ($4.5 billion), marking a second straight month of black ink, the government said Monday, with fallin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-21 17:39
Taggar: oil

Oil Bets Are Biggest in 9 Years


"Money managers, producers and consumers made the biggest bets on West Texas Intermediate crude prices in nine years, amid signals more volatility is coming. Global markets were roiled after Donald Tru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-21 15:40
Taggar: dollar, market, oil

Dollar Down, Commodities and Stocks Up, Fillon Wins


"The rebound of oil was extended on reports of an improved chance that OPEC ministers will agree to cutting output at the scheduled meeting in Vienna at the end of this month. A 1.9% increase to $46.56..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-21 15:00
Taggar: gold, oil, report

OPEC Moves Closer to Oil Output Deal


"OPEC is moving closer toward finalizing this month its first deal since 2008 to limit oil output, with most members prepared to offer Iran significant flexibility on production volumes, ministers and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-18 16:29
Taggar: oil

U.S. Manufacturing Sector Stabilizing


"U.S. manufacturing output increased for a second straight month in October amid gains in the production of motor vehicles and a range of other goods, suggesting that the battered factory sector was sl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-16 19:39
Taggar: inflation, oil

OPEC Working to Finalize Production Cut Plans


"OPEC officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, OPEC sources said, a sign of progress in finalizing the exporter gro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-16 18:38
Taggar: oil, point

IEA Says Oil Boom Bust Cycle Likely if Investment Remains Low


"A new oil industry boom-and-bust cycle is likely if the current reduction in new investment is not reversed, says the International Energy Agency. The IEA says unless more money is spent exploring for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-16 18:23
Taggar: investment, oil

Post-Election Market Moves Trimmed a Bit


"Sovereign debt yields and the dollar eased this Tuesday, one week after the U.S. election. Oil and gold rebounded. Stocks are mixed. Euroland GDP, British consumer prices, and Reserve Bank of Australi..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-15 15:48
Taggar: bank, dollar, gold, oil

XAU/USD ? Gold Slump Continues as Dollar Rolls, Odds of Fed Hike Jumps


"Gold prices are lower on Monday, following sharp losses in the Friday session. In the North American session, the metal is trading at $1222.10. On the release front, it?s a quiet start to the week, wi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-14 20:46
Taggar: gold, oil, retail sales, trading

Oil Keeps Dropping on Questionable Fate of OPEC Production Cut


"Oil fell more than 2 percent to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances OPEC will reach a deal to cut output. Donald Tr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-14 18:52
Taggar: dollar, oil

USD/CAD ? Trump Victory Weighing on Canadian Dollar


"The Canadian dollar remains under pressure on Monday. In the North American session, USD/CAD is trading at the 1.3540. On the release front, it’s a very quiet start to the week, there are no Can..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-14 16:07
Taggar: dollar, market, oil, report, retail sales, trading

Saudi?s says OPEC Consensus ?Imperative? on Output Cut


"Saudi Energy Minister Khalid al-Falih has said it was imperative for OPEC members to reach a consensus on activating a deal made in September in Algiers to cut oil production, according to AlgeriaR..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-14 15:54
Taggar: market, oil

China October Oil Output Drops


"China’s daily crude oil production in October fell to the lowest in more than seven years, statistics bureau data showed on Monday, as producers remain reluctant to drill new wells amid tepid oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-14 15:51
Taggar: oil

OPEC Reports Production Increase in October


"OPEC reported an increase in its oil production in October to a record high led by members hoping to be exempt from the producer group’s attempt to curb supply, weighing on prices and pointing t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-11 16:42
Taggar: oil, point, report

Sterling Biggest Winner of Trump Presidency


"Investors? concern about political shifts outside Britain is benefiting the pound. Sterling has climbed against all of its 31 major peers since last Friday. It?s the surprise winner during the week of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-11 13:40
Taggar: inflation, market, oil, pound

Oil Market to be Oversupplied if no OPEC Cut Says IEA


"The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating production from exporters around the globe could lead to relentless supply growth, the Intern..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-10 22:12
Taggar: market, oil, report

Oil Lower as Over Supply and OPEC Concerns Linger


"Oil prices slipped on Thursday as markets recovered from shock at U.S. President-elect Donald Trump’s surprise victory and focused on global oversupply as well whether OPEC will decide to cut pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-10 20:42
Taggar: market, oil

Record High in Dow After Trump Sell-Off (Video)


"Senior Market Analyst Craig Erlam talks about the US election and how the markets are trading the day after. He also gives his analysis on EURUSD, GBPUSD, USDJPY, Brent and WTI crude, Gold, DAX and th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-10 16:56
Taggar: analysis, bull, dollar, gold, market, oil, trading

OPEC Deal Becomes More Urgent


"OPEC was already struggling to finalize a deal on production cuts this month. And then Donald Trump was elected President of the U.S. The Organization of Petroleum Exporting Countries faces increasing..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-09 17:34
Taggar: market, oil

UK Industrial Sector Shrunk in September


"Britain?s industrial sector shrank unexpectedly in September as North Sea oil shutdowns dragged output lower, weighing on the broader economy in the third quarter. Industrial output fell by 0.4% over..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-08 16:28
Taggar: economy, oil, point

OPEC Oil Demand to Rise Over Next Three Years


"Global demand for OPEC’s crude oil will rise in the next three years, the group forecast, suggesting its 2014 decision to let prices fall to curb costlier rival supplies such as U.S. shale is de..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-08 10:24
Taggar: market, oil, share

Oil Mixed as Election Jitter Continue


"Oil prices were mixed on Monday, supported by easing concerns over the economy after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but prices were pressu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-07 19:28
Taggar: dollar, economy, oil

Strap In, Capital Markets Are In For A Wild Ride


"Monday November 7: Five things the markets are talking about Market volatility continues with a risk-on rally gaining momentum overnight now that the FBI said Sunday that no new evidence was found to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-07 13:20
Taggar: market, oil

Oil Losing Run Continues on Friday


"Oil prices were on course for their sixth straight day of falls on Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate outpu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-04 13:42
Taggar: oil

Dutch AFM Warns Against Monex BMO Securities


"The Netherland?s financial watchdog has red-flagged the online brokerage as a suspected boiler-room scam. "

Blog: Forex Magnates
Tidsstämpel: 2016-11-03 12:31
Taggar: financial, oil

In Defense of the Forex and Binary Options Industries


"One bad apple doesn't spoil the bunch..."

Blog: Forex Magnates
Tidsstämpel: 2016-11-03 09:56
Taggar: oil

Oil Drop Could Force OPEC to Agree to Deal


"Oil prices plunged after a record 14.4-million barrel jump in U.S. crude supply, and they could continue to fall toward $40 a barrel or lower, unless OPEC and global producers make progress on a produ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-02 19:41
Taggar: oil

Japan?s Tax Revenue Falls 4.8%


"Japan’s general-account tax revenue in the April-September period fell 4.8 percent from a year earlier to 15.95 trillion yen ($152 billion), the Finance Ministry said Tuesday. The fall is attrib..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-02 17:22
Taggar: consumption, finance, oil

Oil Drops After US Inventories Show a Massive Weekly Buildup


"Oil prices tumbled 3 percent on Wednesday after a record weekly build in U.S. crude stocks added to worries of all-time highs in OPEC production that suggested little could be done to rein in a global..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-02 17:15
Taggar: oil

October in Figures


"The dollar rose in October especially versus sterling. Long-term interest rates increased everywhere, not just in the U.S. where monetary policy tightening is expected. The 10-year JGB remained below..."

Blog: Currency Thoughts
Tidsstämpel: 2016-11-01 18:33
Taggar: dollar, gold, margin, oil, rate

Too Predictable


"  Focus remained on the US elections overnight obscuring the Central Bank narrative that lies ahead. The most recent tracking polls, which includes the latest FBI account, indicates Clinton continues..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-11-01 03:59
Taggar: bank, oil

Oil Falls on OPEC Production Deal Doubts


"Oil prices extended declines on Monday after non-OPEC producers made no specific commitment to join the OPEC in limiting oil output levels to prop up prices, suggesting they wanted the oil producing g..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-31 11:48
Taggar: oil

OPEC Starts Meeting on Implementing Supply Cut


"OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is looking more complicated by the day. The meeting of the High Level..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-28 15:08
Taggar: oil, report

OANDA MP ? GPB Slips Despite GDP Boost (Video)


"Senior Market Analyst Craig Erlam talks about today’s UK GDP data and gives his analysis on GBPUSD, USDJPY, Brent crude, Dow, S&P and DAX. XAU/USD ? Gold Ticks Higher, Advance GDP Looms US..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-27 18:35
Taggar: analysis, gold, market, oil

OPEC Deal in Jeopardy Unless Saudi Arabia Steps Up


"Tough negotiations await a group of OPEC experts as they meet their counterparts from other oil producers such as Russia on Oct. 28-29 to hammer out details of an output-capping agreement, with disagr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-27 16:28
Taggar: oil

Canadian Dollar Rises After CETA Back on Track and Oil Surges


"The Canadian dollar strengthened against its U.S. counterpart on Thursday as oil rose, while a breakthrough on a free-trade agreement with the European Union improved the longer term outlook for the l..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-27 16:25
Taggar: dollar, loonie, oil

Saudi Arabia Could Cut Up to 4% of Oil Production


"Saudi Arabia and its Gulf OPEC allies are willing to cut 4 percent from their peak oil output, energy ministers from the Gulf countries told their Russian counterpart this week, sources familiar with..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-27 16:14
Taggar: oil

Oil Pares Losses Amid Venezuela Protests


"Oil prices rose on Thursday, lifted by concerns over Venezuela’s stability as well as by firm demand in Asia, although doubts over OPEC’s ability to organize a coordinated production cut s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-27 09:18
Taggar: market, oil, trading

USD/CAD Canadian Dollar Lower After OPEC Deal in Doubt


"The Canadian dollar depreciated on Wednesday despite a lower than expected U.S. crude inventories number. Oil stocks in the U.S. dropped by 600,000 barrels last week which was below the forecasted 700..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 23:08
Taggar: dollar, oil

OANDA MP ? AUD Spikes on CPI Data (Video)


"Senior Market Analyst Craig Erlam talks about the decline in oil over the last 24 hours, the impact it’s having on equity markets, Australian inflation, US economic data and gives his analysis o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 15:20
Taggar: analysis, dollar, durable goods, inflation, market, oil

Price of Oil Softens Further


"It appears that Russia will probably not join OPEC’s effort to cut production. In response, West Texas Intermediate crude oil fell another 1.4% to $49.25 per barrel. Stocks in Europe and the Pac..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-26 14:02
Taggar: oil, rate, report

Iraq No Obstacle to Global Oil Freeze


"A potential global deal to cap oil production is unlikely to collapse because of Iraq’s claims it would not curb its output, Russian Energy Minister Alexander Novak said on Wednesday. OPEC’..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 14:00
Taggar: oil

Oil Weighs on European Stocks


"European shares fell on Wednesday maintaining a gloomy trend set in Asia and the United States, and with concerns about a global glut of oil looming over the market. Mixed results from the continent&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 13:38
Taggar: bank, market, oil, share, shares

Oil and Earnings Eyed as Stocks Remain Vulnerable


"A negative start to European trade following a similar move in Asia overnight is weighing on US futures ahead of the open on Wednesday, with declines in oil weighing and earnings remaining in focus. O..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 12:41
Taggar: oil, report

Oil Declines to Weigh on European Indices


"European equity markets are expected to open a little lower on Wednesday, with the recent drop in oil prices partially responsible but also as indices continue to struggle for momentum as they attempt..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 09:16
Taggar: market, oil

USD U-Turn


"Dollar U-Turns  US equities turned lower overnight as the US Consumer Confidence Index printed well below market expectations. The WTI traded heavy after Russia appeared to backtrack from any producti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-26 02:41
Taggar: consumer confidence, dollar, market, oil, report

IEA Says Oil Demand will Rise in 2017


"Global oil demand will rise by 1.2 million barrels per day (bpd) in 2017, steady from 2016 global demand growth levels, despite gains in Chinese consumption, the chief of the International Energy Agen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-25 16:40
Taggar: consumption, oil

Iraq Tells OPEC it Supports Production Deal But Will Preserve Its Output Level


"Iraq told a top OPEC official on Tuesday of its hope that the group could reach a deal to lift oil prices while preserving its own output level, a spokesman of the oil ministry said. Iraqi Oil Ministe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-25 16:37
Taggar: oil

Oil Higher Awaiting US Inventory Data


"Oil edged up on Tuesday ahead of the release of U.S. crude inventory data, which in recent weeks has provided bullish surprises, but comments by OPEC members regarding chances of an output cut kept a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-25 16:10
Taggar: bull, oil

Optimistic Mood


"Commodity prices are higher, led by metals. WTI oil and Comex gold climbed 0.6% and 0.5% to $50.84 per barrel and $1,269.80 per ounce. Markets are discounting a higher likelihood of a fed funds hike t..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-25 13:44
Taggar: economy, gold, market, oil, rate

Copper Flirts With Yearly Support


"The copper market can be a confusing beast. Along with iron ore, it is that most bellwether of the commodities to the health of the global economy. It is rather surprising then that as oil and natural..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-25 08:51
Taggar: economy, market, oil

USD/CAD Canadian Dollar Lower After CETA Evaporates


"The Canadian dollar is lower after oil prices retreat and Fed Members talk up December rate hike The loonie started the week on a negative tone. The Canadian currency is lower versus the USD as member..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-24 21:08
Taggar: currency, dollar, loonie, oil, rate

Oil Prices Fall After Iraq Wants Exemption from OPEC Limits


"Oil prices fell on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were capped by Iran saying it would encourage other members to join an output freeze. B..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-24 17:45
Taggar: oil

Russian Oil Minister Signals Cooperation with Saudi Arabia on Production Limits


"Russia’s oil minister signaled possible cooperation with Saudi Arabia at a meeting with his Gulf Arab counterparts in Riyadh on Sunday, as the kingdom seeks to convince major oil producing count..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-24 15:48
Taggar: oil

Russia Still Favors Output Freeze Not Cut


"Russia will produce 548 million tonnes (11 million barrels per day) of oil next year, a post-Soviet record, however Moscow still wants global producers to curb production amid weak prices, Energy Mini..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-21 18:59
Taggar: oil

Canadian Dollar Touches 7 Month Low After Oil and Weak CPI


"The Canadian dollar weakened to a seven-month low against its firmer U.S. counterpart on Friday as weaker-than-expected domestic data fueled interest rate cut bets and oil prices fell. The value of Ca..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-21 18:56
Taggar: dollar, oil, rate, retail sales

What Does OPEC Cut Mean for China


"The world’s second-largest economy is conflicted as far as an OPEC production cut is concerned, one analyst told CNBC. China is facing a “trade off” between its oil industry and the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-21 10:46
Taggar: economy, market, oil

Awaiting the ECB Meeting Decision and Press Conference


"EUR/USD is unchanged ahead of the ECB announcement. A policy change is not expected. Central bank policymakers also reviewed stances in Turkey and Indonesia. The dollar has strengthened 0.3% against t..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-20 12:22
Taggar: announcement, bank, dollar, ecb announcement, gold, oil

Oil Edges Lower on Profit Taking After Inventory Draw


"Oil prices fell on Thursday on profit-taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut in production. U.S. West Texas Intermediate (WTI)..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-20 10:42
Taggar: market, oil, profit, trading

Market Focus on Commodity Currencies


"Equity markets had posted further gains over the past 24 hours spurred on by the rally in OIL markets when WTI came within a hair of $ 52.00  per barrel posting a 15-month high at 51.94 on the back of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-20 02:33
Taggar: currencies, dollar, market, oil

OANDA MP ? Oil Surges on Inventory Draw (Video)


"Senior Market Analyst Craig Erlam talks about today’s economic data from China, UK and US, the Bank of Canada’s rate decision, crude oil inventory data, tonight’s US Presidential deb..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 18:42
Taggar: analysis, bank, gold, market, oil, rate

Russian Energy Minister to Meet Saudi Counterpart This Weekend


"Russian Energy Minister Alexander Novak is planning to meet his Saudi Arabia counterpart Khalid al-Falih this weekend to discuss coordination of possible actions on the global oil market, Novak told r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 15:21
Taggar: market, oil, report

IMF Urges Reforms for Middle East Coping with Low Oil Prices


"Oil-producing Mideast countries are coping with low global oil prices though more government reforms are needed, the International Monetary Fund’s chief for the Mideast said as the organization..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 15:09
Taggar: economy, oil, report

Saudi Energy Minister Asks Non-OPEC Producers for Help Stabilizing Oil Market


"Saudi energy minister Khalid al-Falih said on Wednesday that oil markets were at the end of a considerable downturn as fundamentals were improving and supply and demand were rebalancing. He called on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 15:04
Taggar: market, oil

GBP/USD ? Pound Subdued Despite Solid British Employment Numbers


"GBP/USD is almost unchanged in the Wednesday session, as the pair trades just below the 1.23 line. On the release front, it’s a busy day. The UK released key employment numbers, with the Average..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 14:09
Taggar: employment, oil

Oil Price Rally Continued


"West Texas Intermediate crude oil, which traded at $43.30 per barrel just a month ago, rose another 1.5% overnight to $51.02 per barrel. Investors are reasonably confident that OPEC will find the disc..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-19 13:26
Taggar: dollar, gold, oil

Presidential Debate and Fed Speeches Key Today


"US equity markets are expected to open a little lower on Wednesday, tracking similar marginal losses in Europe as traders look ahead to the third Presidential debate, appearances from Fed policy maker..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 12:55
Taggar: margin, market, oil

Oil Gets Ready To Move?Down?


"Tonights EIA Inventory figures will have more importance to crude oil’s direction than the 3rd Presidential Debate. We look at a couple of possible storm clouds that may spoil oil’s party..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 11:38
Taggar: oil

USD/JPY ? Yen Edges Higher, Markets Eye US Construction Data


"USD/JPY has posted slight losses in the Wednesday session, as the pair trades at 103.40. In economic news, Japan released the All Industries Activity report. The indicator edged down to 0.2%, matching..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 11:38
Taggar: oil, report

EUR/USD ? Euro Remains at 1.10, ECB Rate Announcement Looms


"EUR/USD remains close to the 1.10 line on Wednesday. The pair has stayed close to this symbolic level throughout the week. Will this change on Thursday, following the ECB rate decision? On the Wednesd..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 10:54
Taggar: oil, rate

Oil Rallies on Inventory Drawdown and Chinese Output


"Oil prices rose on Wednesday, lifted by a report of a drop in U.S. crude inventories and declining production in China, while an upbeat OPEC statement on its planned output cut also supported the mark..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-19 08:45
Taggar: dollar, market, oil, report

Expected U.S. Inflation Moves Up


"Janet Yellen’s wide-ranging speech before the weekend appears to have lifted price expectations. The Fed Chair seemed to favor letting inflation exceed target temporarily. Share and bond prices..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-17 13:57
Taggar: currencies, dollar, inflation, market, oil, rate, share

Oil Lower After Strong US Retail Sales and Oversupply Concerns


"Oil slipped below $52 a barrel on Friday, giving up an earlier gain, as abundant crude supplies outweighed tighter U.S. fuel inventories and OPEC’s plans to cut output. Brent crude reached a 201..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-14 16:28
Taggar: oil

OPEC and Russia Aiming for $50-60 Oil Price to Prevent Shale Comeback


"Russia and Middle Eastern oil producers want to keep oil prices between $50 and $60 per barrel, according to the head of commodities at RBC Capital Markets, who suggested that U.S. supply is the real..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-14 16:14
Taggar: market, oil

US PPI Higher in September as Energy and Food Costs Rose


"U.S. producer prices rose in September, as wholesale energy and food costs increased. But overall inflation appears to be limited, as has been the case for several years. The Labor Department says its..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-14 16:11
Taggar: inflation, oil, price index

US Data, Fed and Earnings in Focus


"Focus will very much be on the US as we see out the end of the week. Recent moves in the pound and oil have overshadowed the US a little bit but today, it should take centre stage once again. The US r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-14 12:04
Taggar: oil, pound, retail sales

USD/CAD Canadian Dollar Higher After Chinese Data Hurts USD Rally


"The Canadian dollar is higher versus he USD ahead of U.S. retail data to be released on Friday. Risk appetite was subdued after news out of China have put in evidence the slowdown of global demand. Ch..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-13 22:54
Taggar: dollar, oil

Oil Drops After US Inventory Rises for 1st Time in 6 Weeks


"Crude oil prices fell on Thursday after government data showed the first rise in U.S. crude stockpiles in six weeks as refinery inputs fell. Inventories rose by 4.9 million barrels to a total of 474 m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-13 17:10
Taggar: oil

China Increased Commodity Purchases in September


"China went on an unexpectedly big buying spree for crude oil, coal and iron ore last month, customs data showed on Thursday, even as Beijing cools its overheated property market and concerns linger ab..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-13 17:08
Taggar: economy, market, oil

OANDA MP ? Worrying Signs for Indices (Video)


"Senior Market Analyst Craig Erlam talks about last night’s FOMC minutes, today’s key market events and highlights some worrying signs on the charts for equity indices. USD/JPY ? Yen Improv..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-13 15:18
Taggar: market, oil, point

OPEC Acknowledges Catching Market by Surprise with Cut


"Demand for crude oil in 2016 is seen edging higher compared to last year, while supply is forecast to be slightly lower, according to the October OPEC market report, which highlights how money manager..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 19:03
Taggar: market, oil, report

OPEC and Russia Hold Informal Talks Parallel the World Energy Congress


"Energy ministers from Qatar, the United Arab Emirates, Algeria, Venezuela and Russia began informal closed-door talks with the secretary general of OPEC in Istanbul on Wednesday as they try to coordin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 18:32
Taggar: market, oil, rate

OPEC Production is at 8 Year High


"OPEC reported a increase in its oil production in September to the highest in at least eight years and raised its forecast for 2017 non-OPEC supply growth, pointing to a larger surplus next year despi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 18:29
Taggar: oil, point, report

Saudi ARAMCO Optimistic About 2 Trillion IPO


"It’s a pretty bad time to be thinking about going public if you’re an oil company. Oil has lost half its value in a little over two years, and the market for IPOs is in the doldrums. Saudi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 17:56
Taggar: market, oil

Russia Keen on Production Freeze


"Alexander Novak, Russia’s minister of energy, moved to reassure oil-price watchers by reaffirming at a CNBC-moderated panel at the World Energy Congress in Istanbul that his country is prepared..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 11:16
Taggar: oil, rate

Record Indian Oil Imports Spurs Further Oil Gains


"Oil prices edged up on Wednesday, supported by record Indian crude imports and upcoming talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market. Brent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-12 10:04
Taggar: market, oil

Canadian Dollar Lower Despite OPEC?s Oil Boost


"The Canadian dollar depreciated on Tuesday after traders in Canada and the United States came back from holidays. Commodity currencies have been under performers this year as prices remain low. The Or..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 22:32
Taggar: currencies, dollar, market, oil

Oil Moves Lower After OPEC Deal Could Last Only 6 Months


"Oil futures moved lower Tuesday as a report of record-high production from OPEC in September fed a pullback in prices following a rally a day earlier. Prices found support Monday on news that Russia p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 17:54
Taggar: oil, report

OANDA MP ? EUR Breaks Below Consolidation (Video)


"Senior Market Analyst Craig Erlam gives his analysis on some of the interesting market moves including EURUSD, FTSE 100, GBPUSD and WTI Crude. USD/JPY ? Yen Flirts With 104, Shrugs off Excellent Curre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 17:15
Taggar: analysis, market, oil, rate

Japanese Current Account Surplus Rose 23.1 YoY


"Japan’s current account surplus expanded 23.1 percent in August from a year earlier for the third consecutive monthly increase, as imports were pushed down by lower crude oil prices and a firmin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 16:22
Taggar: finance, oil, report

Nikkei Rises Above 17,000 on US Debate and Oil Prices


"The Nikkei index finished above the 17,000 line on Tuesday for the first time in about one month on rising oil prices, with the perception among some brokers that Democratic candidate Hillary Clinton..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 16:09
Taggar: brokers, oil, point, share, shares

IEA Says Market Will Remain Oversupplied Through 1H of 2017


"Global oil supply could fall in line with demand more quickly if OPEC and Russia agree to a steep enough cut in production, but it is unclear how rapidly this might happen, the International Energy Ag..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 16:02
Taggar: oil

Russia?s Rosneft Will Not Cap Oil Production Says Executive


"Igor Sechin, Russia’s most influential oil executive and the head of state-controlled energy giant Rosneft, said his company will not cap oil production as part of a possible agreement with OPEC..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 16:00
Taggar: oil

ZEW, Fed, Oil, GBP and Yen in Focus Today


"European equity markets are expected to open a little softer on Tuesday, with traders continuing to eye moves in oil, the pound and the yen, as well as the latest economic sentiment surveys from the e..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-11 08:28
Taggar: market, oil, pound

OANDA MP ? Oil Surges on Putin Comments (Video)


"Senior Market Analyst Craig Erlam provides an update on today’s trading session including why the yen has sunk again and what’s spurred the rally in oil. WTI/USD ? US Crude Jumps as Russia..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-10 18:09
Taggar: market, oil, pound, trading

WTI/USD ? US Crude Jumps as Russia Says Will Join OPEC Deal


"US crude has posted strong gains on Monday, pushing above the $51 level. In the North American session, WTI/USD futures are trading at $51.35 per barrel. Brent futures have risen to $53.14, as the Bre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-10 17:51
Taggar: market, oil, trading

Two Large Hedge Funds Reduce Deutsche Bank Short Positions


"Two leading hedge funds which made big bets on Deutsche Bank (DBKGn.DE) shares falling are now reducing their “short” positions, in a sign of confidence in the stability of the lender. Ger..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-06 21:19
Taggar: bank, oil, share, shares

Saudi Arabia Cuts Oil Prices Raising Doubt on Production Agreement


"Saudi Arabia’s decision to cut prices for some of its crude oil exports is raising serious questions about the kingdom’s commitment to limiting production, analysts said. Members of the Or..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-06 16:31
Taggar: oil

Waiting for Friday?s U.S. Jobs Report


"The dollar firmed 0.4% against the Swiss franc and Aussie dollar, 0.3% relative to sterling, 0.2% versus the euro, loonie and kiwi, and 0.1% against the yen. Chinese markets remain closed. Tomorrow..."

Blog: Currency Thoughts
Tidsstämpel: 2016-10-06 13:38
Taggar: aussie, aussie dollar, dollar, kiwi, loonie, market, oil, report

USD/CAD Canadian Dollar Rises on US Oil Inventory Drawdown


"The Canadian dollar rose after the release of the weekly U.S. crude oil inventories. Figures from the Energy Information Administration (EIA) showed a drawdown of 3 million barrels. The fall in weekly..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 21:57
Taggar: dollar, oil

OPEC and non-OPEC members to meet in Istanbul


"OPEC and non-OPEC oil producers plan an informal meeting in Istanbul Oct. 8-13 to discuss how to implement a production deal OPEC members reached in Algiers last month, Algerian Energy Minister Noured..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 21:46
Taggar: oil

Brexit Pain and Why British Pound May Tumble to 1.2500


"Brexit turmoil continues for the British pound. "

Blog: Forex Magnates
Tidsstämpel: 2016-10-05 20:25
Taggar: oil, pound

WTI/USD ? Crude Closes in on $50 as Crude Stocks Dive


"The oil rally continues on Wednesday, as US crude trades just shy of the $50 level on Wednesday. In the North American session, WTI/USD futures are trading at $49.83 per barrel. Brent futures have ris..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 19:25
Taggar: employment, oil, trading

WTI/USD ? Crude Closes in on $50 as Crude Stockpiles Dive


"The oil rally continues on Wednesday, as US crude trades just shy of the $50 level on Wednesday. In the North American session, WTI/USD futures are trading at $49.83 per barrel. Brent futures have ris..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 19:25
Taggar: employment, oil, trading

Pence Succeeds in Debate Without Really Trying to Defend Trump


"Donald Trump?s weeklong slide in the presidential race started when he showed up to the first debate unprepared and spoiling for a fight. On Tuesday evening, Mike Pence helped slow it by doing the opp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 15:04
Taggar: oil

Oil Hits Highest Since June on Possible U.S. Inventory Drop


"Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S. inventories probably fell for a fifth straight week and OPEC’s deal to cut s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 14:59
Taggar: oil, report

US Data Eyed as Oil and European Yields Surge


"It?s been another interesting start to the session on Wednesday, with European bond yields being spooked higher, oil extending its gains and gold and the pound taking a breather following yesterday?s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-05 12:42
Taggar: gold, oil, pound, report

USD/CAD Canadian Dollar Lower on Fed December Rate Hike Comments


"The Canadian dollar fell slightly versus the U.S. dollar on Tuesday as the the oil price rally lost momentum and other commodities dropped after hawkish comments from Fed member Jeffery Lacker. The in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 22:35
Taggar: dollar, indicators, oil, rate

IMF Cuts Canada?s Growth Outlook to 1.2% in 2016


"The International Monetary Fund has cut its outlook for Canada?s economy, which has been hit by wildfires in the oil patch, among other things. Bringing its forecasts more into line with other such ou..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 19:20
Taggar: economy, oil

Forecaster Says OPEC Aiming for $50-$60 per Barrel of Oil


"OPEC producers have their sights set on a sustained oil price of $50-$60 per barrel, a modest ambition for the first cut in supply by the oil exporting group in eight years, says one of the industry&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 19:10
Taggar: oil

US Oil Drillers Dreading Upcoming Credit Stress Tests


"Drillers see the glass as half empty, while their lenders believe it’s half full ahead of the latest round of stress tests for energy companies looking to tap debt and keep pumping. Borrowers in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 17:54
Taggar: oil

Iran Reaches Pre-Sanction Production Levels


"Iran’s total crude oil and condensate sales likely reached around 2.8 million barrels per day in September, two sources with knowledge of the matter said, nearly matching a 2011 peak in shipment..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 16:26
Taggar: oil

Oil Rises After Iran Announces Visit to Russia in October-November


"Brent oil futures touched a four-month high on Tuesday as investor confidence grew in last week’s deal by oil producers to freeze output levels in order to stem a two-year price rout. Benchmark..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 16:24
Taggar: oil

Oil Prices Dip on Surging Iran Sales, but Looming OPEC Deal Offers Support


"Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC-led supply cut later this year has lent crude some support..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-04 08:02
Taggar: oil, trading

USD/CAD Canadian Dollar Rises as Oil Rallies Higher


"The Canadian dollar appreciated on Monday thanks to its high correlation to crude prices. The surprising news out of Algiers last week as the Organization of the Petroleum Exporting Countries (OPEC) a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-03 22:22
Taggar: dollar, oil

Brent Near $50 after OPEC Production Cut Announcement


"Global oil prices steadied on Monday as market players weighed last week’s news of a planned OPEC production cut with doubts over its implementation and effectiveness at wiping out a crude suppl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-03 16:25
Taggar: market, oil, trading

US Stocks to Trade Lower in Start of Q4


"Wall Street was set to start the fourth quarter on a subdued note as oil prices pared gains, while investors looked forward to economic data that could provide further clues on the health of the econo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-10-03 16:04
Taggar: economy, oil

Next Week


"Purchasing Managers Surveys: Next week is PMI week, bringing the release of a ton of manufacturing surveys, many service sector reports, some non-oil PMIs, construction PMIs for Britain, Germany and A..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-30 22:25
Taggar: bank, oil, report

Trader?s Timeout: OPEC Reaches Production Agreement, Oil Surges 6%


"A deal between members of OPEC this week has paved the way for oil's short-term recovery."

Blog: Forex Magnates
Tidsstämpel: 2016-09-30 13:48
Taggar: oil

Too Big to Fail Redux


"  Too Big to Fail Redux   A combination of Financial Sector Risk in Europe, Geopolitical concerns, and Federal Reserve Board policy debate have injected a degree of apprehension into markets.   Moreov..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-30 02:23
Taggar: financial, market, oil

USD/CAD Canadian Dollar Lower as OPEC Deal Questioned


"The Canadian dollar depreciated on Thursday erasing the gains from a day earlier when the Organization of the Petroleum Exporting Countries (OPEC) announced an oil output cut surprising the market who..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 23:18
Taggar: dollar, market, oil

OPEC Production Cut Could Jump Start Shale Drilling


"OPEC’s promised production deal will probably prop up oil prices, but it may also jump-start more U.S. shale drilling ? which would go against the very reason the cartel started a price war in t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 20:29
Taggar: bank, oil, point

HSBC Says OPEC Deal Will Help Gold


"The oil-production agreement announced Wednesday by OPEC members may end up helping gold, says HSBC. Normally, oil and gold tend to move together, although the relationship has not been pronounced lat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 16:54
Taggar: bank, financial, gold, oil, point

OPEC Deal Boosts Prices After Saudis Abandon Market Share Battle


"Saudi Arabia?s gamble has failed. That, rather than the spike in oil prices, is the real story to emerge from the agreement reached by Opec?s 12 members that they must agree to cut production. Let?s b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 16:43
Taggar: market, oil

Stocks Rally as OPEC Split Markets


"Stocks rallied in Asia and Europe after OPEC?s surprise announcement of a deal to cut crude output spurred a surge in oil late Wednesday. India?s assets fell after it attacked terrorist targets in Pak..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 12:12
Taggar: announcement, oil

EM ASIA FX-Asia currencies lose momentum


"The ringgit rose as much as 4.1000 per dollar, its strongest since Sept. 22, as traders cut bearish bets on the oil rebound. The Malaysian currency closely tracks crude prices due to the country's rel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 10:23
Taggar: bear, currency, dollar, oil

APAC Markets Soar After OPEC Production Cut


"The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 0.87 percent in morning..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 06:09
Taggar: dollar, market, oil, report

Australian dollar climbs to three-week high on OPEC deal


"The Organisation of the Petroleum Exporting Countries surprised investors earlier in the day by agreeing to cut oil output in the first such deal since 2008, boosting oil prices sharply. At the sideli..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 05:15
Taggar: oil

OPEC Agreement in Principle


"  OPEC Agreement in Principle  The big news in markets this morning is that OPEC has agreed to a preliminary deal to cut production After endless hours of discussion in Algeria,  Opec reached a consen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-29 02:52
Taggar: market, oil, share

Saudi Market Share Strategy Not Sustainable as OPEC Deal Hopes to Stabilize Prices


"The concessions offered by Saudi Arabia in its bid to lock down a deal to limit the globe’s oil supply show the world’s largest crude exporter is getting pinched by its own policy, Again C..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 22:56
Taggar: oil

OPEC Agrees to Cut Oil Output in Algiers


"OPEC agreed on Wednesday to modest oil output cuts in the first such deal since 2008, with the group?s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 22:54
Taggar: market, oil

USD/CAD ? Canadian Dollar Dark Future and Oil Price Math


"The Canadian economy is largely dependent on oil, and a lower price may put further pressure on the CAD. "

Blog: Forex Magnates
Tidsstämpel: 2016-09-28 21:59
Taggar: economy, oil

USD/CAD Canadian Dollar Higher After US Oil Drawdown and OPEC Freeze Deal


"The Canadian dollar recovered agains the USD on Wednesday starting after the release of the Energy Information Administration (EIA) report on crude oil inventories at 10:30 am EDT. The surprise drawdo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 20:27
Taggar: dollar, oil, report

Saudi Willing to Compromise with Other Producers in November


"OPEC might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran. Saudi Energy Minist..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 15:50
Taggar: oil

OPEC Set for No Deal


"Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a compromise this week t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 12:43
Taggar: market, oil

Central Bankers, OPEC and Data all Feature Today


"It?s likely to be a busy day for financial markets with plenty of economic data, speeches from central bankers and the outcome of the informal OPEC meeting all to come throughout the session. Oil pric..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-28 08:43
Taggar: bank, financial, market, oil

USD/CAD Canadian Dollar Stable After US Debate and OPEC Meeting


"The Canadian dollar is lower versus the greenback as oil prices are falling after comments from the Organization of the Petroleum Exporting Countries (OPEC) meeting in Algiers have put the oil output..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 19:51
Taggar: dollar, oil

OANDA MP ? Clinton Win Lifts Sentiment (Video)


"Senior Market Analyst Craig Erlam talks about how markets responded to last night’s US Presidential debate, oil trade ahead of the meeting in Algeria and today’s US economic data. XAU/USD..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 18:30
Taggar: consumer confidence, gold, market, oil

China?s Oil Imports Rise But Questions About Real Demand Growth Linger


"Major oil exporters clearly would like higher crude prices and may even be getting closer to some sort of coordinated action, but they should be careful what they wish for as they may choke off demand..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 17:33
Taggar: oil

Goldman Lowers Oil Price Q4 Forecast to $43


"U.S. investment bank Goldman Sachs has lowered its forecast for the price of oil price, saying its supply-demand balance for the fourth quarter of 2016 is weaker than previously expected. “We ar..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 17:04
Taggar: bank, gold, investment, oil

Iraq Backs Oil Output Freeze


"OPEC’s second largest producer has thrown its weight behind an oil output freeze. Iraqi oil minister Jabbar Al-Luiebi said his country is willing to freeze production — or even cut it R..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 17:03
Taggar: oil

Iran Energy Ministers Says Oil Output Freeze Not on Agenda


"Iran is not willing to freeze its oil output at current levels and doesn?t intend to forge an agreement with other major crude producers at talks in Algiers this week, the nation?s oil minister said..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 16:57
Taggar: oil

Saudi Arabia and Iran Still Working on Bridging Gap in Algiers


"Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources said the group and non-member Russia were still trying to bri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 16:55
Taggar: oil

WTI/USD ? US Crude Slips as Hopes for OPEC Deal Fade


"US crude has posted strong losses on Tuesday, erasing the gains made in the Monday session. In North American trade, WTI/USD futures are trading at $44.71 per barrel. Brent futures have dropped to $46..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 16:22
Taggar: oil, trading

Saudi Energy Minister Dashes Hopes for OPEC Deal in Algeria


"Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-27 15:22
Taggar: oil

USD/CAD Canadian Dollar Lower Ahead of US Presidential Debate


"The Canadian dollar is lower on the first day of trading this week even after oil prices jumped close to 4 percent as the Organization of Petroleum Exporting Countries (OPEC) and other major producers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-26 21:22
Taggar: dollar, oil, trading

WTI/USD ? Crude Rises on Hopes of OPEC Agreement


"US crude has posted considerable gains on Monday, following sharp losses in the Friday session. In North American trade, WTI/USD futures are trading at $45.98 per barrel. Brent futures have risen to $..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-26 17:45
Taggar: oil, trading

Oil Rises as OPEC says All Options Open to Discussion


"Oil rallied on Monday as the world’s largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility to its highest since exporters met in Apri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-26 15:59
Taggar: bull, market, oil

Russia Not Prepared to Freeze Ahead of OPEC Meeting


"As Russian energy minister Alexander Novak flies to Algeria this week for talks with OPEC on output cuts, developments at home indicate non-OPEC Russia is still ill prepared for any coordinated produc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-26 15:36
Taggar: oil

OPEC Algiers Meeting Could Fail to Seal the Freeze Deal


"Oil producers are unlikely to settle on any kind of deal in Algeria this week, setting the stage for more volatility in oil prices and postponing hopes for an end to the current supply glut until Nove..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-26 15:33
Taggar: oil

Stocks Pounded Overnight but Dollar Slightly Lower


"Investors are worried that there’s no escape from the low interest rate global environment, that such will corrode the health of the financial sector, that Donald Trump will be America’s 4..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-26 14:13
Taggar: financial, oil, rate

Saudi Arabia and Iran Meet in Vienna Ahead of Algiers


"OPEC members Saudi Arabia and Iran, whose rivalry derailed an oil supply accord earlier this year, met in Vienna for a second day of discussions to prepare for wider group talks next week in Algiers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-22 19:54
Taggar: oil

OANDA MP ? Oil Up on Output Freeze Hopes (Video)


"Senior Market Analyst Craig Erlam talks about how markets responded to the Fed and BoJ, oil and today’s other interesting stories. USD/JPY ? Yen Rises Close to 101 in Light Holiday Trade Fed: Ev..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-22 18:48
Taggar: dollar, market, oil

Oil Rises on Weak USD and Lower Inventories


"Oil rose 2 percent on Thursday, heading for its largest weekly gain in a month, after a surprisingly large drop in U.S. crude inventories emboldened investors ahead of next week’s meeting betwee..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-22 16:18
Taggar: currencies, dollar, oil

Russian Energy Minister Says OPEC Will Not Discuss Output Cuts at Algiers


"OPEC is not expected to discuss an idea for oil producing nations to cut output by 5 percent at a meeting this month, the RIA news agency cited Russia’s energy minister as saying on Thursday. &#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-22 16:17
Taggar: oil

WTI/USD ? Crude Rises Above $45 as Crude Inventories Slide


"US crude has posted slight gains on Wednesday, continuing the upward movement which marked the Tuesday session. In North American trade, WTI/USD futures are trading at $44.84 per barrel. Brent futures..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-21 17:01
Taggar: oil, trading

FOMC Preview


"Since the last FOMC statement on July 27, the dollar, share prices and the 10-year Treasury price have fallen. The Treasury yield and price of oil have climbed. Investors await the FOMC statement at 1..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-21 17:00
Taggar: dollar, oil, share

Russian Oil Output Reaches Record High Ahead of OPEC Meeting


"Russian oil output rose to a record ahead of talks on supply with Saudi Arabia and other members of the Organization of Petroleum Exporting Countries next week. Output in September has been about 11.0..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-21 16:37
Taggar: oil

Secretary General Says OPEC Looking for 1 Year Oil Output Freeze Deal


"A possible deal to support oil prices by the world’s leading producer countries may last for one year, the secretary-general of OPEC said on Tuesday, longer than other officials have indicated..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-21 16:33
Taggar: market, oil

Oil Rises on US Inventory Drawdown


"Oil prices were up as much as 2 percent on Wednesday, reacting to the possibility of another surprise weekly drop in U.S. inventories amid an industry strike in Norway that threatened to cut North Sea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-21 16:26
Taggar: oil, report

Oil Lower Ahead of US Crude Inventories


"Oil prices edged lower on Tuesday as concerns over a potential rise in U.S. crude stocks, adding to swelling oversupply, outweighed OPEC comments that a possible production freeze agreement could last..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-20 17:22
Taggar: oil, trading

OPEC May Decide on Extra Meeting After Algiers


"OPEC members could decide to hold an extraordinary meeting to discuss oil prices immediately after an informal gathering in Algiers next week, Algerian Energy Minister Noureddine Bouterfa said on Tues..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-20 14:30
Taggar: market, oil

USD Falls Ahead of BOJ and Fed


"The dollar fell from a two-week high on Monday, with a stronger oil price the chief theme in a market battening down the hatches ahead of central bank policy meetings in Japan and the United States. C..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-19 18:33
Taggar: bank, currencies, dollar, market, oil

Venezuela Says OPEC is Close to Reaching Oil Output Freeze Deal


"Venezuelan President Nicolas Maduro said on Sunday that OPEC and non-OPEC countries were close to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month. OPEC..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-19 16:01
Taggar: market, oil

Oil Climbs as Venezuela Sees Output Deal


"Oil prices rose on Monday from multi-week lows after Venezuela said OPEC and non-OPEC producers were close to a deal to stabilize the market and as clashes in Libya disrupted attempts to boost crude e..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-19 13:08
Taggar: market, oil

USD/CAD Canadian Dollar Falls as U.S. Distillate Inventory Rises


"The Canadian dollar depreciated after the release of the weekly U.S. inventories by the Energy Information Administration (EIA). Crude stocks surprised with a drawdown of close to 600,000 barrels send..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-14 23:13
Taggar: dollar, oil, report

OANDA MP ? Jobs Data Mixed Ahead of BoE (Video)


"Senior Market Analyst Craig Erlam talks about the UK jobs report and what it means ahead of the BoE meeting tomorrow, oil and today markets."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-14 18:17
Taggar: market, oil, report

EUR/USD ? Euro Subdued Ahead of Eurozone CPI, US Retail Sales


"The euro is unchanged on Wednesday, as EUR/USD is trading at 1.1220. It’s another quiet day on the release front, with no major events in the Eurozone or the US. French CPI posted a gain of 0.3%..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-14 10:54
Taggar: cpi, industrial production, oil, trading

USD/CAD Canadian Dollar Lower on Falling Oil


"The Canadian currency is lower against the U.S. dollar after the International Energy Agency downgraded their crude demand forecast a day after the Organization of the Petroleum Exporting Countries (O..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-13 22:41
Taggar: currency, dollar, oil

US Shale Production Expected to Fall for 11th Consecutive Month in October


"U.S. shale production is expected to fall for an 11th consecutive month in October, according to a U.S. government forecast released on Monday, on the back of a two-year global rout in oil markets. Oc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-13 18:25
Taggar: market, oil

Oil Falls After IEA and OPEC Warn Crude Glut will Remain


"Oil prices fell as much as 3 percent on Tuesday after both the world’s consumers and producers revised forecasts that signaled the global crude glut persisting for much longer than previously ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-13 18:23
Taggar: oil

OANDA MP ? API Eyed After IEA Oil Report (Video)


"Senior Market Analyst Craig Erlam talks about the latest Fed commentary as the blackout period ahead of the meeting begins, UK inflation data and IEA’s expectations for oil. Fed Fatigue Does Not..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-13 15:53
Taggar: bull, dollar, inflation, market, oil

Saudi Arabia and Iran Increase Production Ahead of Algiers


"Saudi Arabia and Iran are increasing oil production right ahead of a critical OPEC meeting when members are expected to discuss freezing output. The rival producers each boosted output by more than an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-12 15:30
Taggar: oil, report

OPEC Warns Next Fed Policy Move Will Impact Oil


"Central banks such as the U.S. Federal Reserve will be crucial in determining the state of global growth and the overall health of the energy sector, according to the latest monthly report from oil pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-12 15:27
Taggar: bank, oil, rate, report

OPEC Raises Production Forecasts for 2017


"OPEC raised its forecast of oil supplies from non-member countries in 2017 as new fields come online and U.S. shale drillers prove more resilient than expected to cheap crude, pointing to a larger sur..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-12 15:26
Taggar: market, oil, point

Global Market Turmoil Fanned by Intensifying Concern over Clinton?s Health


"West Texas Intermediate crude oil dived 2.1% and is trading back below $45 at $44.94 per barrel. Gold dipped 0.4% to $1,328.60 per ounce. Japan’s Nikkei slumped 1.7%. Other stock markets around..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-12 13:42
Taggar: gold, market, oil, trading

OANDA MP ? Oil Pares EIA Driven Gains (Video)


"Senior Market Analyst Craig Erlam talks about yesterday’s ECB decision, oil’s move after the substantial decline in inventories and today’s key events, including speeches from three..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-09 16:19
Taggar: market, oil, pound

Fed Speakers and Oil Rig Data Key on Friday


"As we head into the end of the trading week, attention will remain on a few familiar topics that have dominated recently, the Federal Reserve, Oil and the aftermath of the ECB response, or lack of, to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-09 12:30
Taggar: inflation, oil, trading

Oil Prices Surge as US Burns Through Crude Supply at Record Rate


"Tropical storms and Hurricane Hermine combined to slow the movement of oil tankers and shut in offshore drilling, forcing the U.S. oil industry to dip into its massive oversupply at the highest rate f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-09 11:19
Taggar: oil, rate

USD/CAD Canadian Dollar Lower for Second Straight Day Awaits Employment Data


"The Canadian dollar was lower against the U.S. greenback despite the price of oil surging more than 4 percent. A day after the Bank of Canada (BoC) kept the benchmark rate unchanged that started a sel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 22:54
Taggar: bank, currency, dollar, oil, rate

WTI/USD ? US Crude Jumps as Crude Supplies Dwindle


"After an uneventful day, US crude prices have jumped in Thursday’s North American session. WTI/USD futures are currently trading at $47.02 per barrel. Brent futures are trading at $48.56, as the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 17:18
Taggar: oil, report, trading

CAD Rises as Oil Rises After Lower US Inventories


"he risk-sensitive Canadiandollar was little changed against its U.S. counterpart onThursday as oil prices rose and equity markets dipped. The loonie’s steady performance follows a retreat from a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 17:04
Taggar: bank, dollar, loonie, market, oil

Japan?s Current Account Surplus Rises 8% in July


"Japan’s current account surplus expanded 8.0 percent in July from a year earlier for the second straight monthly increase, led by a decline in imports due to lower crude oil prices and the yen&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 17:02
Taggar: oil

Algeria to Meet with OPEC Secretary General to Push for Output Freeze Deal


"Algeria’s energy minister will meet his Saudi counterpart and OPEC’s secretary-general in Paris on Friday as part of moves towards clinching a global deal on stabilizing crude output to su..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 16:50
Taggar: oil

Complex Conundrum


"The market has turned into consolidative mode with the KEY the ECB rate decision on tap later this evening. For the most part, markets were quiet with European equities mirroring the movements in crud..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-08 03:39
Taggar: market, oil, pound, rate

USD/CAD Canadian Dollar Lower After BoC Holds Rate


"The Canadian dollar was slightly lower on Wednesday after the Bank of Canada (BoC) held the benchmark interest rate unchanged at 0.50 percent. Oil prices bounced 1.4 percent and helped the loonie stay..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-07 22:44
Taggar: bank, dollar, loonie, oil, rate, trading

OPEC and Russia Oil Production Freeze Talks Pressured by Lower Prices


"Price wars can be painful — even for the mighty OPEC. That’s why the oil cartel, along with Russia, is once again entertaining a freeze in production aimed at putting a floor beneath low p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-07 18:46
Taggar: financial, oil

Iran Still Intends to Increase Oil Production Ahead of OPEC Meeting


"Major oil producer Iran has said it will increase its own oil output to pre-sanctions levels in the next few months, shrugging off the deal between Russia and Saudi Arabia to stabilize oil markets. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-07 17:26
Taggar: market, oil

No Change in Bank of Canada Interest Rate


"Canada’s economy last quarter suffered a setback that monetary officials didn’t anticipate. In fact, real GDP contracted 1.6% at a seasonally adjusted annualized rate compared to 1Q. Expor..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-07 16:40
Taggar: economy, oil, rate

OANDA MP ? PMI a Blow to September Hike (Video)


"Senior Market Analyst Craig Erlam talks about the worrying PMI from the US and what it could mean for interest rates, oil and the week ahead. WTI/USD ? US Crude Slips to $44 on Soft Services PMI US Da..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-06 16:54
Taggar: market, oil, rate, us market

Saudia Arabia and Russia Agree to Cooperate


"Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, saying they will not act immediately but could limit output in the future, sending prices higher on hopes the two top oil pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-06 16:21
Taggar: market, oil, rate

Energy Experts Doubtful on Russia-OPEC Output Agreement


"Energy experts poured scorn on the prospect of Russia and Saudi Arabia collaborating to stabilize the oil market, after the two countries made a joint statement to that effect on Monday. The two major..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-06 16:13
Taggar: market, oil

Iran Oil Minister Supports Measures for Restoring Oil Price Stability


"Major oil producers are talking up the prospect of a production freeze … again. The latest positive comments came from Iran on Tuesday. Oil minister Bijan Zanganeh said he “supports any po..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-06 15:56
Taggar: oil

Market Awaits Next Key Driver


"Asian equity markets were in catch-up mode over night taking cues from gains in the futures markets Friday night following the US employment report. In commodity markets, the focus was on oil.  WTI ro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-06 02:40
Taggar: announcement, employment, market, oil, report

WTI/USD ? US Crude Soars on Russia-Saudi Cooperation Deal


"It’s been a busy day for US crude, which posted huge gains on Monday before retracting. In the North American session, WTI/USD futures are trading at $45.13 per barrel. Brent futures briefly pus..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-05 18:30
Taggar: oil, trading

OANDA MP ? Oil Deal Disappoints Again (Video)


"Senior Market Analyst Craig Erlam talks all the news coming from the G20, Russia’s new cooperation with Saudi Arabia on the oil market, Friday’s jobs report, Angela Merkel’s election..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-05 14:53
Taggar: market, oil, report

OPEC?s Indonesia Is ?Comfortable? with Crude Oil Prices at $40-45 per Barrel


"Indonesia’s finance minister Sri Mulyani Indrawati told CNBC she was optimistic her country could receive a ratings upgrade this year ? despite oil being pinned below $50, levels at which she sa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-05 09:46
Taggar: finance, oil

Scottish Public Finance Gap Rises to 9.5 Percent of GDP


"Scotland’s fiscal deficit stood at about a tenth of its economy in the year to March 2016, hammered by a slump in oil and gas revenues and potentially dampening arguments for Scottish independen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-02 10:31
Taggar: economy, oil, pound, share

Putin Says Oil Output Freeze Would Be Right Decision: Bloomberg


"Russian President Vladimir Putin said an agreement between oil exporters to freeze output would be the right decision for the global market and Iran should compromise to achieve a deal. Attempts by OP..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-02 10:15
Taggar: market, oil

August in Figures


"Sovereign debt yields rose in August in most cases, Canada and Britain not included. The dollar and kiwi strengthened slightly. Equities held on to July gains and extended such in several cases. Oil p..."

Blog: Currency Thoughts
Tidsstämpel: 2016-09-01 20:43
Taggar: dollar, gold, kiwi, oil, point

Saudia Arabia Says it Will not Reach Max Capacity Ahead of OPEC Meeting


"Saudi Arabia, the world’s biggest oil exporter, won’t boost output to capacity and flood the market, the kingdom’s Energy Minister Khalid Al-Falih said as OPEC members plan to meet n..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-01 18:19
Taggar: economy, market, oil

US Higher, Sterling Surges on Stunning PMI Number


"US futures are pointing slightly higher on Thursday while in Europe, indices have had a positive start and in many cases are threatening to or have already broken above what has been quite a congested..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-01 12:14
Taggar: dollar, oil, point, trading

PMI Data in Focus Ahead of Tomorrow?s Jobs Report


"European equity markets are expected to open a little higher on Thursday, with the FTSE rebounding from Wednesday?s declines helped by a similar rebound in oil prices overnight. Brent and WTI crude tu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-09-01 08:53
Taggar: market, oil, report

August in Figures


"Sovereign debt yields rose in August in most cases, Canada and Britain not included. The dollar and kiwi strengthened slightly. Equities held on to July gains and extended such in several cases. Oil p..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-31 23:54
Taggar: dollar, gold, kiwi, oil, point

USD/CAD Canadian Dollar Falls on Oil Tumble and Mixed Economic Data


"The Canadian dollar touched a three week low versus the U.S. dollar on Wednesday as oil inventories surprised with a larger buildup in America and Canadian data disappointed. The economy shrank at an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-31 22:53
Taggar: dollar, economy, oil, point, rate

Canadian GDP Shrank 1% in Q2


"Canada’s economic output shrank by its largest percentage since the global economic crisis as the country’s oil sector continued to struggle. The Canadian government said gross domestic pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-31 20:15
Taggar: economy, oil

China?s Oil Stockpile is Hard to Quantify for Outsiders


"China’s got the world puzzling over its oil hoard. From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-31 19:40
Taggar: oil

WTI/USD ? Oil Slides as Crude Oil Inventories Shows Large Surplus


"US crude has posted sharp losses on Wednesday. In the North American session, WTI/USD futures are trading at $44.80 per barrel. Brent crude futures are trading at $47.02, as the Brent crude premium st..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-31 19:06
Taggar: oil, trading

Canada: GDP by Industry, June 2016


"Real gross domestic product (GDP) rose 0.6% in June, essentially offsetting an equivalent decline in May. Mining, quarrying and oil and gas extraction, manufacturing and utilities were the major contr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-31 15:00
Taggar: oil

Oil Drops 2 Percent on Oil Glut Fears and Strong Dollar


"Oil prices fell nearly 2 percent on Monday, snapping two consecutive days of gains, on caution over galloping Middle East crude output and a stronger dollar boosted by speculation of a U.S. rate hike..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-29 19:57
Taggar: dollar, oil, rate

Oil Could Take Another Dive, Just in Time for New Round of OPEC Rumors


"The next trough in oil prices could come just as OPEC members gather in Algeria next month ? and that could make for an interesting, and more unpredictable outcome. While most analysts say OPEC member..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-25 09:45
Taggar: oil

USD/CAD Canadian Dollar Lower as Oil Tumbles after Higher US Inventories


"The Canadian dollar lost ground against the U.S. dollar after the release of U.S. crude inventories. While oil was down more than 2 percent the Canadian currency was able to manage a slight depreciati..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-24 20:23
Taggar: currency, dollar, oil

WTI/USD ? US Crude Slides as Crude Inventories Jump


"US crude has reversed directions on Wednesday and has posted sharp losses. In the North American session, WTI/USD futures are trading at $46.75 per barrel. Brent crude futures are trading at $48.88, a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-24 17:02
Taggar: market, oil, trading

USD/CAD Canadian Dollar Higher After Iran Apparent Willing to Freeze Output


"The Canadian dollar was once again following closely the price moves of crude. Oil bounced more than one percent after several reports of Iran participating in the Organization of the Petroleum Export..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-24 15:12
Taggar: dollar, oil, report

Court Dismisses SNB Related Class Action Lawsuit Against FXCM


"A New York district court has just dismissed a clads action lawsuit by some shareholders of FXCM Inc, which accused the company of scienter in the aftermath of the Swiss National Bank turmoil in 2015..."

Blog: Forex Magnates
Tidsstämpel: 2016-08-23 23:27
Taggar: bank, oil, share

Oil Price has Deja Vu Moment


"While the recent rapid rise in crude oil prices has led some to forecast $60 oil, I think it is more like Déjà vu all over again. I think over the next several months the oil market will act more like..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-22 17:43
Taggar: market, oil

US Stocks Drop as Oil Falls with Fed Rate Hike Doubts Rising


"Wall Street opened lower on Monday as oil prices dropped the most in four weeks and investors weighed the prospects of an interest rate hike in the coming months. Oil prices fell nearly 3 percent as C..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-22 17:41
Taggar: oil, rate

Oil Falls as August Price Rally Seen Overblown, China Fuel Exports Jump


"Oil prices fell on Monday as analysts doubted upcoming producer talks would rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August’s more than 20-percent crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-22 07:46
Taggar: oil

OANDA MP ? Fed Inconsistent, Oil Data Key (Video)


"Senior Market Analyst Craig Erlam talks about the latest Fed comments and oil. Traders Digest Fed Comments and Eye Oil Rig Data EUR/USD ? Euro Subdued as Markets Search for Cues USD/JPY ? Yen Continue..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-19 13:40
Taggar: market, oil

Traders Digest Fed Comments and Eye Oil Rig Data


"On a quite Friday, focus will remain on the oil market and the Fed as traders try to dissect the wide ranging views of policy makers in order to anticipate when the next rate hike will actually happen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-19 12:55
Taggar: market, oil, rate

USD/CAD Canadian Dollar Rises After Oil Continues Rally


"The Canadian dollar continues to appreciate against the U.S. dollar thanks to the surge in oil prices in the last week. The USD has not regained its footing after the divided comments from U.S. Federa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-18 23:11
Taggar: dollar, oil, rate

WTI/USD ? Crude Posts Gains as Stockpiles Decline


"US crude has edged higher on Wednesday, buoyed by upward movement in the North American session. Currently, WTI/USD futures are trading at $46.67. Brent crude has improved to $49.65, as the Brent prem..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-17 17:36
Taggar: oil, trading

Global Oil Market Faces Less Venezuela Supply in 2017 ? Columbia University


"The global oil market faces a sharp drop in supply in 2017 from Venezuela, traditionally a prominent exporter, as an acute political and economic crisis halts investments needed to squeeze more crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-16 09:09
Taggar: investment, market, oil, report

Stocks Head For Another Week of Gains


"World stocks were headed for their fourth week of gains in five on Friday after a surge in oil prices helped propel Wall Street’s three main indexes to co-ordinated record highs for the first ti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-12 11:51
Taggar: oil

Saudi Arabia Has a $2 Trillion Reason to Play Ball with OPEC This Fall


"Saudi Arabia just made it much more likely that OPEC and other oil producers will take action if crude prices weaken. Word that the cartel will meet on the sidelines of an energy conference in Algeria..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-12 10:31
Taggar: market, oil

Bell Ringing- Bellwethers


"Bell Ringing- Bell Weathers  The three bellwether US indexes, the DOW, S&P and NASDAQ, all closed at record highs yesterday, in part assisted by a rebound in energy stocks after a 4% bounce in cr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-12 02:26
Taggar: oil, report, retail sales

OANDA MP ? Oil Higher on Saudi Remarks (Video)


"Senior Market Analyst Craig Erlam gives an update on oil following comments from the Saudi Oil Minister and reflects on today’s economic data. USD/CAD ? Loonie Ticks Higher, Canadian Housing Rep..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-11 16:24
Taggar: loonie, market, oil, report

Oil Remains in Focus on Thursday


"US futures are pointing to a slightly higher open on Thursday, tracking similar gains across most of Europe as traders eye the latest economic data and movements in the oil market. At a time of relati..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-11 12:19
Taggar: market, oil, point

IEA Cuts Oil Demand Forecast as Economic Uncertainty Weighs


"The world will consume less oil next year than previously thought as a climate of economic insecurity continues, according to the latest demand forecast by the International Energy Agency (IEA). The i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-11 10:52
Taggar: oil

This Is What You Need to Watch Thursday


"Earnings from Macy’s and Kohl’s and weekly jobless claims data roll out ahead of Wall Street’s opening bell Thursday. But the risk off mood set by oil and the continued reach for yie..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-11 10:49
Taggar: market, oil

Saudi Arabia, Iran Pump at High Levels as U.S. Producers Cut Back


"Saudi Arabia is pumping record amounts of oil, and Iran is resuming production faster than expected ? a strong sign neither is likely to easily entertain the idea of an OPEC deal to control production..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-11 10:46
Taggar: oil

USD/CAD Canadian Dollar Higher Despite Oil Drop


"The Canadian dollar advanced versus its American counterpart on Wednesday even if the price of energy dropped after the release of U.S. oil inventories showed an unseasonable large stock of crude. The..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 23:06
Taggar: dollar, market, oil, report

Oil Drops on Higher Inventories


"Oil prices fell on Wednesday after a surprise build in U.S. crude inventories, while the dollar gave up recent gains as investors awaited direction on a potential interest rate hike. Wall Street weake..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 19:06
Taggar: dollar, oil, rate, share, shares, trading

XAU/USD ? Gold Subdued, US Job Openings Jumps


"Gold continues to have a quiet week, as major economic releases have been few and far between. In Wednesday’s North American session, the gold is trading at $1344.83. On the release front, emplo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 19:03
Taggar: employment, gold, oil, trading

OPEC Hit Record Oil Production in July


"OPEC smashed an all-time oil production record in July, pumping relentlessly despite the low prices. The oil cartel produced just over 33.1 million barrels of oil per day in July, up 46,400 barrels co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 18:56
Taggar: oil, report

OANDA MP ? Oil Slides on Inventory Data (Video)


"Senior Market Analyst Craig Erlam gives an update on oil after the EIA reported another build in inventories and looks ahead to the RBNZ decision this evening. Be Wary of RBNZ Announcement Key Levels..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 18:52
Taggar: announcement, market, oil, report

WTI/USD ? US Crude Slides as Crude Inventories Increase


"US crude has posted sharp losses on Wednesday. In the North American session, WTI/USD futures are trading at $42.05. Brent crude has dropped to $44.18, as the Brent premium stands at $2.13. On the rel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 17:51
Taggar: oil, trading

Focus on Inventory Data as Oil Edges Lower Again


"It?s been another mixed start to the European session on Wednesday and US futures are also pointing to a similar open on Wall Street, with focus remaining on the oil market in the absence of any other..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 13:04
Taggar: market, oil, point

What You Need to Watch Wednesday


"Stocks seem to have fallen into a slow-motion summer lull, but any number of things can wake up the market in the dog days of August. Topping the list could be the price of oil, which has rebounded on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 08:34
Taggar: market, oil

OPEC Smoke and Mirrors? May Be All It Needs to Boost Oil


"Just the whiff of an OPEC meeting has driven oil prices higher, squeezed shorts in the futures market ? and made further inaction by the cartel more likely. But that hasn’t stopped market chatte..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-10 08:08
Taggar: market, oil

Brent Crude ? Has the Correction Run its Course?


"A week ago today, Brent crude touched its lowest level since 18 April and was back in bear market territory having fallen more than 20% from its highs a little under two months earlier. Since then, we..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 18:31
Taggar: bear, market, oil, report

Oil Rises as Output Freeze Hope Gains Momentum


"Oil rose further above $45 a barrel on Tuesday as forecasts for a drop in U.S. inventories and speculation of producer action to prop up prices countered concern about a supply glut. U.S. crude invent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 16:47
Taggar: market, oil, report

OANDA MP ? Sterling Under Pressure Again (Video)


"Senior Market Analyst Craig Erlam talks about today’s oil price moves, sterling’s reaction to the industrial production figures, Chinese inflation data and the upcoming UK and US releases."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 14:51
Taggar: industrial production, inflation, market, oil

Sterling Sinks Below $1.3000 to Monthly Low


"Sovereign debt prices rose. So did stocks, oil, the yen and dollar.  Gold and industrial metal prices fell. There are holidays today in Singapore and South Africa. Today is the ninth anniversary of th..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-09 14:10
Taggar: dollar, gold, oil

Dubai Crude Oil Open Interest Surge to Record at TOCOM


"Trading volumes of crude oil futures increased sharply this year as investors bet on oil prices rebound."

Blog: Forex Magnates
Tidsstämpel: 2016-08-09 13:56
Taggar: oil, trading

Oil Prices: OPEC May Finally Take Action If Crude?s Slide Continues


"Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action ? especially if oil plummets again. Considering a deal and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 08:13
Taggar: oil

This Is What to Watch Tuesday


"A dash of earnings reports, wholesale trade and productivity and costs are highlights of Tuesday morning, as traders watch to see if oil could be a positive influence for stocks. Stocks diverged from..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 08:03
Taggar: oil, report

Markets Closely Monitor Oil and Data


"It?s been a relatively quiet start to the week in the markets but traders will be closely tracking some key economic data releases on Tuesday, as well as moves in oil which has come off its lows since..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-09 07:42
Taggar: market, oil

Oil Rises as OPEC Hints at Output Freeze


"Oil futures rallied Monday, tacking on more than 2%, after reports that several members of the Organization of the Petroleum Exporting Countries are pushing for a deal to freeze production to boost pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-08 16:54
Taggar: oil, report

Singapore Banks Feeling the Pain of Low Oil Prices


"Local banks are feeling the “oil pressure” on their profits, as they face mounting provisions for non-performing loans in the energy sector suffering from a price slump. The city-stateR..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-08 16:48
Taggar: bank, dollar, oil, profit

Russian Energy Minister Says Oil Output Freeze Not on the Agenda


"Russia, the world’s top oil producer, sees no grounds for new talks on freezing oil production yet but is open to negotiations, Energy Minister Alexander Novak said on Monday. He told reporters:..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-08 16:44
Taggar: oil, report

Post-Jobs Report Rally Extended


"World stocks, oil, and emerging market currencies rose in further reaction to Friday’s better-than-expected U.S. jobs data that showed a 255K increase in employment last month and marginally str..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-08 14:07
Taggar: currencies, employment, margin, market, oil, share

Turkey Facing Downgrade After Failed Coup


"Turkey’s status as emerging markets darling may take a hit if Moody’s becomes the latest ratings agency to downgrade its bonds to junk on Friday. Last month’s attempted coup was met..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-05 16:41
Taggar: market, oil

USD/CAD Canadian Dollar Higher Ahead of US Jobs Report


"The Canadian dollar appreciated on Thursday after the price of oil gained 1.7 percent after a higher than expected drawdown from gasoline inventories in the U.S. yesterday. The correlation between ene..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-04 22:59
Taggar: bank, dollar, employment, loonie, oil, report

FINRA Publishes Guide On How to Detect a Boiler Room Scam


"FINRA has recovered more than $2 Million for consumers after receiving 5,000 calls in connection with boiler room scams. "

Blog: Forex Magnates
Tidsstämpel: 2016-08-04 17:09
Taggar: oil

USD/CAD Canadian Dollar Higher After Surprise US Gasoline Drawdown


"The Canadian dollar benefited from stronger oil prices that rebounded after the U.S. inventories of gasoline surprised with a higher than expected drawdown. There are still concerns as that same energ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 23:47
Taggar: dollar, oil, report

WTI/USD ? Crude Unchanged, Shrugs off Surprise Inventory Surplus


"US crude is trading just below the $40 level on Wednesday. In the North American session, WTI/USD futures are trading at $39.97 Brent crude is trading at $42.54, as the Brent premium has widened t0 $2..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 17:28
Taggar: market, oil, trading

Oil Higher But Oversupply Hangs on Energy Market


"Oil edged higher towards $42 a barrel on Wednesday after hitting its lowest since April the previous day, supported by an industry report showing a fall in U.S. inventories and a weaker dollar. But pr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 16:15
Taggar: bear, dollar, oil, report

Mexico Hedged Oil Prices at $49 Last year


"Mexico is on track to receive billions of dollars from its 2016 sovereign oil hedge, the first time it will reap the windfall two years in a row, according to data compiled by Bloomberg. The potential..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 16:03
Taggar: dollar, market, oil

Sub-$40 Oil Spreads Gloom to Other Markets


"WTI oil got a little bounce after yesterday’s drop but remains below the critical $40 level at $39.85 per barrel. Rippling damage from the U.K. Brexit vote in June was evident in the U.K. servic..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-03 15:58
Taggar: oil

Big Dollar Squeeze Remains In Effect


"Wednesday August 3: Five things the markets are talking about The dollar has fallen to its lowest level since the U.K.’s vote to leave the European Union due to the markets growing scepticism ab..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 12:51
Taggar: dollar, market, oil

Topsy -Turvy World of Currency Markets


"The forex markets have been in risk-off mode over the past day, as concerns grow about Japan’s woefully limited economic package and as oil prices plunge, stoking fears that global growth is sta..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-03 04:07
Taggar: dollar, forex, forex market, market, oil

Winter Weather Forecast Could be a Boon for Crude Prices


"Middle distillates remain the one ray of hope for U.S. oil refiners still struggling to clear a glut of gasoline caused by over-production earlier in the year. Stocks of distillate fuel oil are higher..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-02 17:10
Taggar: oil

Iranian Oil Minister Says Oil is Oversupplied but Will Balance Itself


"Iran’s Oil Minister says the oil market is oversupplied but predicts balance between demand and supply will be restored, Iranian state television reported on Monday. “The oil market is ove..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-02 17:08
Taggar: market, oil, report

Oil Rises on Tuesday But Glut Fears Persist


"Oil rose more than 2 percent on Tuesday after falling by around $4 a barrel in one week, but investors remained concerned about oversupply weighing on prices. Global fuel inventories are brimming as r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-02 17:06
Taggar: margin, oil

Stocks, Bonds, and Dollar Moving South


"Japan’s Nikkei dropped 1.7%.  Share prices in Europe, led by banks, have so far today declined 3.4% in Greece, 2.4% in Spain, 2.1% in Italy, 1.4% in France, 1.3% in Germany, 0.8% in Switzerland..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-02 16:39
Taggar: bank, oil, share

Oil Down but Bond Yields and Dollar Up


"Many manufacturing purchasing managers surveys were published on this first day of the month. West Texas Intermediate crude oil sank 1.8% to $40.86 per barrel. Gold edged 0.2% lower. 10-year sovereign..."

Blog: Currency Thoughts
Tidsstämpel: 2016-08-01 17:39
Taggar: dollar, gold, oil, point

Texas Shale Oil Has Fought Saudi Arabia to a Standstill


"Opec’s worst fears are coming true. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the US shale industry. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-01 14:48
Taggar: investment, market, oil

Europe in Crisis: The Elections to Watch for Political Risk


"Brexit. The largest influx of refugees since World War II. A spate of terrorist attacks. A populist insurgency. Another banking meltdown. The crises buffeting the European Union show no signs of letti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-08-01 14:23
Taggar: bank, oil

July in Figures


"In July, the price of West Texas Intermediate oil plunged more than 10%, the 10-year British gilt yield dived 75 basis points, share prices around the world rallied strongly, and the dollar slipped mo..."

Blog: Currency Thoughts
Tidsstämpel: 2016-07-30 02:31
Taggar: currencies, dollar, oil, point, rate, share

Reuters Poll Shows Oil Demand Picking up in 2016


"Oil analysts still expect a rise in the crude price this year, thanks to improving demand growth that should help offset any bearish headwinds from a stubborn supply surplus, a Reuters poll showed on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-29 15:28
Taggar: bear, margin, oil

CANADA: Gross domestic product by industry, May 2016


"Real gross domestic product (GDP) fell 0.6% in May, the largest monthly decline since March 2009. The decrease in May was primarily due to lower non-conventional oil extraction, a consequence of the F..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-29 14:57
Taggar: oil

Fed Debate and Earnings Palooza Could Steer Stocks Thursday


"Thursday looms large as the busiest day of the earnings season, with pharma, consumer products, big oil, financials and autos reporting before the market opens. Heavy hitters ? Amazon.com and Alphabet..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-28 09:21
Taggar: financial, market, oil, report

Trader?s Timeout: Oil Prices Plumb 3-Month Lows


"The worst of the oil-price collapse may be behind us, but the short-term outlook remains tilted to the downside."

Blog: Forex Magnates
Tidsstämpel: 2016-07-27 10:24
Taggar: oil

Soft Demand Driving Oil Prices Lower


"U.S. oil prices topped $50 a barrel in June, boosting optimism a two-year price rout might end. Six weeks later, the long hoped for recovery has yet to take hold. Mounting fears that demand has fallen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-26 16:37
Taggar: oil

Oil Touches 3 Month Low


"Crude oil wasn’t invited to the big party on Wall Street this month. Not long ago, oil prices looked poised to fly back above the $60 mark. All of a sudden now, the next stop looks more like $40..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-26 16:13
Taggar: oil

USD/CAD Canadian Dollar Lower as Oil Tumbles


"The Canadian dollar started the trading week on the wrong foot after oil futures dropped with the prospect of further drilling in the U.S. to add to the already oversupplied market. With little econom..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-25 20:56
Taggar: dollar, market, oil, trading

Oil Falls After Over Supply Concerns Rise


"Oil prices slipped on Thursday after a rise in U.S. gasoline inventories helped push U.S. oil stocks to a record high, reinforcing worries of a global oversupply. U.S. crude and oil product stocks ros..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-21 16:21
Taggar: oil

Supply Glut to Pressure North American Oil Outlook


"A glut of refined products has worsened the already-grim outlook for U.S. crude oil for the rest of the year and the first half of 2017, traders warned this week, as the spread between near-term and f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-21 16:21
Taggar: oil, spread

Saudi Arabia Overtakes Russia to Regain China?s Top Oil Supplier Crown


"Saudi Arabia, the world’s biggest oil exporter, regained its position as China’s top crude supplier in June, after losing out to Russia over the previous three months, customs data showed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-21 16:01
Taggar: oil

Gold Slips to New July Low on Renewed Hopes for Fed Hike


"Gold has recorded considerable losses on Wednesday. In the North American session, the metal is trading at a spot price of $1319.05 per ounce. On the release front, it?s a very light day, with just on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-20 19:23
Taggar: gold, oil, trading

Russian Energy Minister Says No Talks with OPEC on Oil Output


"Russian Energy Minister Alexander Novak said in an interview there were no discussions about possible coordination with OPEC on oil output after a failed attempt to jointly maintain production levels..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-20 17:35
Taggar: oil

WTI/USD ? Crude Back Above $45 as Crude Inventories Declines Sharply


"US crude is almost unchanged in Wednesday trading. In the North American session, WTI/USD futures are trading at $45.33 per barrel. Brent crude is trading at $47.02, as the Brent premium has narrowed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-20 17:21
Taggar: day trading, oil, trading

Brent Crude ? Key Support Coming Under Pressure


"Brent crude has been grinding lower since coming off its highs at the start of June and most recently has found itself consolidating between the 55 and 89-day simple moving averages. Over the last cou..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-20 15:13
Taggar: oil

USD/JPY ? Yen Under Pressure, Markets Await Key US reports


"The Japanese yen has posted slight gains on Wednesday. Early in the North American session, the yen is trading at 106.60. There are no Japanese events on Wednesday. It?s another quiet day in the US, w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-20 14:37
Taggar: oil, trading

USD/CAD Canadian Dollar Continues Slump as Oil Inventories Await


"The Canadian dollar was lower versus its American counterpart on Tuesday ahead of the American Petroleum Institute weekly report on inventories. Oil prices have been softer since crude inventories hav..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-19 21:36
Taggar: dollar, oil, report

USD/CAD Canadian Dollar Lower After Oil Glut Keep Prices Down


"The Canadian dollar started the week trading lower against its American counterpart. The failed Coup in Turkey built energy price anxiety that dissipated as the country did not suffer more than a shor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-18 18:39
Taggar: dollar, oil, trading

Oil Acquisitions Rise After Energy Price Stability


"Acquisition-hungry energy companies are back on the prowl. Dealmakers have recovered from the shock of Britain’s “Brexit” vote last month to leave the European Union and have resumed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-18 16:32
Taggar: oil

Gold Falls After Calm Returns After Failed Turkish Coup


"Gold slid one percent on Monday as investor jitters calmed following the failed coup attempt in Turkey, while oil prices edged higher with the turmoil unlikely to hit energy supplies. Copper fell for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-18 16:31
Taggar: dollar, gold, oil

Pound Made of Sterling Stuff


"The dominant theme for this week is “risk-on” and this despite today’s session, so far, trading in a subdued range after another terrorist attack on French soil last night. With inve..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-15 12:38
Taggar: oil, trading

USD/CAD Loonie Rises Ahead of Canadian Manufacturing Sales


"The Canadian dollar is higher on Thursday after the Bank of England (BoE) held rates unchanged earlier in the day. The USD is lower across the board as a lower risk aversion environment has given inve..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-14 18:31
Taggar: bank, dollar, market, oil, rate, trading

Oil Bounces, But Glut Persists


"Oil prices rallied from sharp losses on Thursday but brokers said the downtrend could resume soon as record-high stocks and worries over slowing economic growth dampened sentiment. Brent crude oil was..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-14 11:51
Taggar: brokers, market, oil

Australian Dollar ? China Conundrum


"Markets have begun to show signs of stabilising overnight. Asia equity futures traded mixed, and the US Benchmark S&P500 closed unchanged. Crude oil initially declined following the latest invent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-14 03:45
Taggar: market, oil, point

XAU/USD ? Gold Stems Losses as Markets Fret Over Brexit, BoE Rate Decision


"Gold has reversed directions and moved higher on Wednesday, following strong losses over the past two sessions. The metal is trading at $1343.58 in North American trade. On the release front, Crude Oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-13 18:36
Taggar: gold, oil, trading

WTI/USD ? US Crude Slides Below $45 on Soft Crude Inventories Report


"US crude prices have reversed directions and dropped sharply on Wednesday, wiping out Tuesday’s gains. In the North American session, WTI/USD futures are trading at $44.82 per barrel. Brent crud..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-13 17:37
Taggar: oil, trading

AUD/USD ? Steady Ahead of Aussie Employment Report


"The Australian dollar is showing limited movement on Wednesday, following considerable gains which marked the Thursday session. AUD/USD is trading slightly above the 0.76 line in the North American se..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-13 16:54
Taggar: dollar, oil, trading

USD/JPY ? Slumping Yen Falls to 3-Week Low


"The Japanese yen has taken a breather on Wednesday, following strong losses in the Tuesday session. USD/JPY is trading at 1.04.70. On the release front, Japanese Revised Industrial Production posted a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-13 12:58
Taggar: industrial production, oil, trading

USD/JPY ? Slumping Yen Falls to 3-Week Low


"The Japanese yen has taken a breather on Wednesday, following strong losses in the Tuesday session. USD/JPY is trading at 1.04.70. On the release front, Japanese Revised Industrial Production posted a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-13 12:58
Taggar: industrial production, oil, trading

Saudi Energy Minister Says Oil Price Above $50 Needed for Balance


"The oil industry needs a price of more than $50 per barrel to sustain investments, Saudi energy minister Khalid al-Falih told a German newspaper while adding that downward pressure on prices would pre..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-12 16:02
Taggar: investment, market, oil

Oil Bounces From 2 Month Low Due to Soft USD


"Crude futures bounced back from two-month lows on Tuesday, helped by a weaker dollar, but an oil stocks overhang and a drop in bullish bets by investors weighed on prices. Brent crude was at $47.36 pe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-12 16:01
Taggar: bull, dollar, oil

OPEC Hopeful Market Will Soak Excess Supply in 2017


"With global oil demand growth forecast to rise in 2017 and non-OPEC supply expected to fall, OPEC said in its latest monthly report on Tuesday that “market conditions will help remove overall ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-12 15:47
Taggar: market, oil, report

Saudi Arabia to Keep Output Unchanged in July


"Saudi Arabia, the world’s top crude exporter, will supply full contracted volumes of crude oil to at least two Asian term buyers in August, unchanged from July, industry sources familiar with th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-11 18:26
Taggar: oil

Plunge in Gasoline Prices Setting Up Crude Oil for Steep Decline


"Crude oil and gasoline are in their potentially weakest position since January."

Blog: Forex Magnates
Tidsstämpel: 2016-07-11 12:34
Taggar: oil

WTI/USD ? US Crude Slides as Crude Inventory Decline Eases


"After a quiet start to the Thursday session, US crude has posted sharp losses in North American trade. WTI/USD futures are trading at $46.17 per barrel in the North American session. Brent Crude is tr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-07 18:07
Taggar: oil, trading

Europe Seen Higher on Oil Bounce and Cautious Fed


"European equity markets are poised to open higher on Thursday, breaking a three day losing streak following a positive session in the U.S. and a bounce in oil prices. Brent crude rebounded off its low..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-07 08:52
Taggar: market, oil

U.S. Trade Deficit Widens In May


"The U.S. trade deficit widened more than expected in May as rising oil prices helped to push up the import bill and exports remained constrained by the lingering effects of a strong dollar. The Commer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-06 14:53
Taggar: dollar, oil

Sterling and Oil Slammed?Funds Seeking Bonds and Yen


"The dollar rose 1.7% against sterling but fell 0.9% relative to the yen.  The greenback has also risen 1.0% against the loonie, 0.9% relative to the Aussie dollar and kiwi.  Dollar/euro and dollar/Swi..."

Blog: Currency Thoughts
Tidsstämpel: 2016-07-05 17:19
Taggar: aussie, aussie dollar, dollar, gold, kiwi, loonie, oil

Brexit Triggers Yuan Weakness


"Turmoil triggered by Brexit may have masked a more troubling market move — China’s currency is falling again. Since British voters’ shock decision to leave the European Union, the yu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-05 16:04
Taggar: currency, dollar, market, oil, pound

GBP Falls to 31 Year Low After Weak Service PMI


"Sterling tumbled to a 31-year low against the dollar and oil dropped below $50 a barrel as concerns deepened over the impact of Brexit on the UK economy. Fears that a collapse in demand for new constr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-05 15:59
Taggar: dollar, economy, oil, share, shares

US Oil Reserves Surpass Saudi Arabia and Russia


"The US holds more oil reserves than Saudi Arabia and Russia, the first time it has surpassed those held by the world’s biggest exporting nations, according to a new study. Rystad Energy estimate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-07-05 15:43
Taggar: oil

CANADA: GDP By Industry, April 2016


"After decreasing in February and March, real gross domestic product edged up 0.1% in April. Widespread gains, notably in manufacturing, utilities and the public sector, were largely offset by a signif..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-30 15:44
Taggar: oil, spread

Oil and Gold The Biggest Winners in Q2


"Oil and gold were the clear winners for investors in a tumultuous first half year in markets, with Shanghai A shares the standout losers and euro zone stocks dealt a body blow by Brexit. Euro zone sha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-30 13:36
Taggar: gold, market, oil, share, shares

Iranian Oil Exports Rise 70% in a Year but Slowdown Expected


"Iran’s oil exports in July are set to fall from June levels as the country battles Saudi Arabia and Iraq for market share but are about 70 percent higher than a year ago, according to a source w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-30 13:30
Taggar: market, oil, share

Oil Falls on Higher Nigerian Output and Global Growth Fears


"Oil fell towards $50 a barrel on Thursday, pressured by higher Nigerian output and concern about the economic outlook following Britain’s vote to leave the European Union last week. Returning Ni..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-30 13:03
Taggar: gold, oil

USD/CAD Loonie Lower But Stable as Oil Losses Ground


"The Canadian dollar has found some stability after the Brexit voter outcome trigged a wave of risk aversion in global markets on late Thursday. The loonie continues to lower to the USD as the latter h..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-28 19:33
Taggar: dollar, loonie, market, oil

China Wont Allow Rollercoaster Markets After Brexit


"Chinese Premier Li Keqiang said on Tuesday he wouldn’t allow the post-Brexit panic that roiled global currencies and stocks to send the country’s financial markets into a tailspin, an indi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-28 12:13
Taggar: currencies, financial, market, oil

Oil Prices Tumble After Brexit Shock Remains


"Oil prices slid on Monday as market participants absorbed the shock of Britain’s vote to leave the European Union though some analysts said Brexit would have a limited impact on global fuel dema..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-27 16:45
Taggar: market, oil

Iran to Open its Oil Reserves Ahead of Presidential Elections


"Oil minister Bijan Zanganeh has handed the running of Iran’s national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could be derailed by next..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-27 16:43
Taggar: oil

USD/CAD Loonie Stable After Brexit Shock as Oil Retreats


"USD/CAD Loonie Stable After Brexit Shock as Oil Retreats The Canadian dollar plunged after the Brexit news hit the markets. Risk aversion triggered a demand for safe haven assets like the USD, JPY, CH..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-24 18:03
Taggar: dollar, gold, loonie, market, oil

SNB Confirms Intervention in FX Market to Depreciate CHF


"The Swiss franc retreated on Friday from its highest level since last August against the euro, after the Swiss National Bank confirmed it was intervening in the currency market to stem its rise. The f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-24 12:02
Taggar: bank, currency, financial, market, oil

APAC Currency Corner ? It?s a crap shoot


"The votes are in and the counting is well and truly under way in the UK?s referendum on EU membership. Early results are reflecting blue-collar (leave) sentiment while white collar voters are due late..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-24 03:02
Taggar: market, oil

USD/CAD Loonie Lower as Oil Falls Ahead of Brexit Vote


"The Canadian dollar traded lower on Wednesday as voters in the UK prepared for the UK EU referendum and oil prices dropped after inventories in the U.S. did not fall as much as expected. The CAD had r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 22:25
Taggar: dollar, dollar trade, oil

Saudi Energy Minister Says Oil Glut is Over


"After two years of pain, the market has finally worked off the global glut of crude that slammed oil prices, Saudi Arabia?s energy minister said in a newspaper interview published Wednesday. ?We are o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 19:08
Taggar: market, oil

Oil Freeze Talks Still Discussed Says Russian Energy Minister


"Russian Energy Minister Alexander Novak has a contrarian message for those who question the wisdom of freezing global levels of oil output. Despite the collapse of talks on restraining production amon..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 18:58
Taggar: oil

Saudi Energy Minister Could Return to Role Balancing Role After Recovery of Oil Prices


"Saudi Arabia, the world’s largest oil exporter, may return to its role of balancing oil supply and demand after the recovery of the global market, the country’s energy minister said on Wed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 18:56
Taggar: market, oil

Brexit Only One Factor Facing Oil Prices


"Regardless of whether Britain votes to leave the EU on Thursday, oil investors are likely to stay focused on how to counter the risk of further price slides. Once global financial markets stabilize af..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 18:55
Taggar: dollar, financial, market, oil, pound

US Crude Edges Lower, Brexit Vote Looms


"WTI crude has posted small losses on Wednesday, trading at $49.55 in the North American session. Brent crude is trading just above the $50 level, at $50.20, for a premium of $0.65. On the release fron..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 17:31
Taggar: home sales, oil, trading

Oil Rises Further Above $50 on API Report


"Oil rose further above $50 a barrel on Wednesday after an industry report showed a large drop in U.S. crude inventories, with analysts expecting volatile trading ahead of Britain’s referendum on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-22 11:52
Taggar: oil, report, trading

Saudi Oil Exports Drop Despite High Output


"Saudi Arabia’s crude oil exports in April fell despite high production levels, while more crude was used domestically for power generation and to feed rising demand from local refineries. Crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-21 16:50
Taggar: oil

Cheap Gasoline is Boosting Global Demand


"Global oil markets seem to have moved back into balance thanks to strong growth in fuel consumption and a series of large supply disruptions in major crude producing nations. Motorists? soaring consum..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-20 16:17
Taggar: consumption, market, oil

Resilient US Shale Producers Confound OPEC


"Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arab..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-20 15:49
Taggar: oil

With Oil Atop of $50, U.S Shale Eyes Growth


"Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arab..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-20 15:10
Taggar: oil

The Day After The U.K. Votes To Leave


"By Mohamed El-Erian Here’s what the world could look like on June 24 if the ?Leave? camp won the previous day?s referendum on whether the U.K. should continue to be part of the European Union: T..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-20 14:53
Taggar: foreign exchange, market, oil, pound

Deutsche Börse Launches Nine New Boost Products On Xetra


"The exchange has introduced nine Boost ETCs and ETNs offering access to WTI and Brent oil, S&P 500 VIX and emerging markets. "

Blog: Forex Magnates
Tidsstämpel: 2016-06-17 14:12
Taggar: market, oil

FCA Charges Five Londoners With £2.75m Boiler Room Scam


"The alleged investment fraud tactic known as ?boiler room? has continued operating for over a year"

Blog: Forex Magnates
Tidsstämpel: 2016-06-16 21:03
Taggar: investment, oil

Oil Hits Three Week Low as Brexit Weighs on Crude


"Oil prices hit their lowest in more than three weeks on Thursday, the sixth straight day of losses and longest bearish run since early 2016, as U.S. crude stocks fell less than expected and concerns o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-16 16:02
Taggar: bear, oil

OPEC Forecasts Oil Glut to Fall in Second Half of 2016


"OPEC forecast that the world oil market will be more balanced in the second half of 2016 as outages in Nigeria and Canada help to speed up the erosion of a supply glut. The Organization of the Petrole..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-13 16:44
Taggar: market, oil

Oil Price Starts Shale Revival


"The oil market just hit a yellow light. Crude?s advance of more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling rigs, threatening to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-13 16:38
Taggar: market, oil

Oil Extends Losses as U.S. Rigs Drilling for Crude Rise 2nd Week


"Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week. Futures fell as much as 1.8 percent in New York after dropping 4.2 percent in the previous two sess..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-13 13:47
Taggar: oil

Carney Plans for Worst as Britons Agonize Over European Destiny


"As the U.K. agonizes over its relationship with Europe, the Bank of England is readying for turmoil. With just 10 days before a referendum that could see Britain withdraw from the European Union, cent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-13 13:38
Taggar: bank, financial, market, oil

50 Basis Point Central Bank Interest Rate Cut in Russia


"Russian monetary authorities reduced their key interest rate to 10.5% on Friday from 11.0% and released a statement that emphasized improved inflation dynamics.  ” Inflation risks shaped by the..."

Blog: Currency Thoughts
Tidsstämpel: 2016-06-11 22:01
Taggar: inflation, oil, rate

Gold Climbs as Expectations of June Hike Fading


"Gold has posted strong gains on Wednesday, as the pair trades at $1260.20 in the North American session. This marks the metal’s highest level in 3 weeks. On the release front, JOLTS Jobs Opening..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-08 18:52
Taggar: gold, oil

US Crude Edges Higher as Crude Inventories Sink


"US crude oil has edged higher on Wednesday, as the commodity trades at $51.00 a barrel in the North American session. Brent crude is trading at $51.86, for a premium of $0.86. In the US, JOLTS Jobs Op..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-08 18:00
Taggar: oil, trading

Chinese Data and a Slew of Japanese Statistical Releases


"Commodities, commodity-sensitive currencies like the kiwi and rand and other emerging market currencies like the won experienced another strong session.  West Texas Intermediate crude oil is trading m..."

Blog: Currency Thoughts
Tidsstämpel: 2016-06-08 15:51
Taggar: currencies, gold, kiwi, margin, market, oil, trading

Oil Hits Eight-Month Highs on U.S. Inventory Draw, China Imports


"Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries about attacks on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-08 08:48
Taggar: oil

World Bank Cuts Global Growth Forecast on Weak Demand, Commodity Prices


"The World Bank slashed its 2016 global growth forecast on Wednesday to 2.4 percent from the 2.9 percent estimated in January due to stubbornly low commodity prices, sluggish demand in advanced economi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-08 08:39
Taggar: bank, market, oil

Oil Concerns Cause CMA to Refer ICAP Deal with Tullett Prebon to Phase 2


"UK's CMA refers Tullett Prebon deal with ICAP to phase 2 over oil product."

Blog: Forex Magnates
Tidsstämpel: 2016-06-07 09:01
Taggar: oil

USD/CAD Loonie Higher as Commodities Rise


"The Canadian dollar appreciated against the USD thanks to oil prices gaining as the uncertainty about a U.S. rate hike in June continues. The disappointing U.S. jobs numbers, 38,000 new jobs added in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-06 22:43
Taggar: dollar, oil, point, rate

US Oil Exports Increase Sevenfold Since Ban Lift


"The U.S. is beginning to step up its oil exporting game. The 40-year ban on exporting U.S. crude was lifted last December. Since then, there’s been a sevenfold increase in America’s oil ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-06 18:03
Taggar: oil

Biggest Takeaway from OPEC Meeting? Civility


"There are two ways of looking at the OPEC meeting in Vienna, and neither is wrong. Firstly it was a success as the Saudis and Iranians managed to be relatively nice to each other, and secondly it was..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-06 16:31
Taggar: market, oil

Iran Oil Production Ramping Up Faster than Expected


"More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-06 16:26
Taggar: oil

Oil Futures Little Changed as Decline in US Inventories Offsets OPEC Dampener


"Crude oil futures were little changed in early Asian trade Friday, having risen in the previous session after a decline in U.S. oil inventories offset a non-eventful OPEC meeting. Benchmark front-mont..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-03 08:47
Taggar: oil

US Crude Edges Lower, Crude Inventories Drop and OPEC Huddles


"US crude prices are steady on Thursday, trading at $48.39 in the North American session. Brent crude is trading at $49.06, for a premium of $0.67. In economic news, it’s a busy day. Crude Oil In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-02 17:23
Taggar: oil, trading

US Crude Edges Lower, Crude Inventories Drop and OPEC Huddles


"US crude prices are steady on Thursday, trading at $48.39 in the North American session. Brent crude is trading at $49.06, for a premium of $0.67. In economic news, it’s a busy day. Crude Oil In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-02 17:23
Taggar: oil, trading

OPEC Showdown: Oil Ministers Meet, at Odds over Strategy


"The world’s most powerful oil producing group is meeting in Vienna on Thursday but mounting tensions between the 13 members of the producer group ? and the differing economic needs of each count..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-02 13:09
Taggar: oil

OPEC States That Wanted Production Cuts Buckle Under the New Oil Order


"Saudi Arabia engineered OPEC’s policy to kill off U.S. shale oil production. The plan was straightforward: Keep pumping oil, maintain market share and outlast the Americans. But the plan is also..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-02 08:06
Taggar: market, oil, share

Why This Number Is a Big Deal Thursday


"ADP payroll data could have a little more clout Thursday after it foreshadowed last month’s disappointing employment report. In addition to ADP, traders are also watching OPEC’s meeting in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-02 08:02
Taggar: bank, employment, oil, point, report

Iran To OPEC: No Oil Output Pact Yet


"Iran said on Wednesday it would not commit to any oil-production action with fellow OPEC members when the group meets this week despite being close to pre-sanctions output and export levels. Tehran ha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-01 11:52
Taggar: oil

Oil Prices Fall On Rising Output, China Demand Concerns


"Oil prices fell on Wednesday on expectations of high and rising exports from the Middle East, while concerns about China’s economy weighed on the demand outlook. Brent crude futures were trading..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-01 11:30
Taggar: economy, oil, trading

APAC Currency Corner ? Brexit fallout 


"  During the past twelve months, investors have built a towering wall of worry around themselves as they brood about everything from a global economic slowdown to collapsing oil prices. Now we have a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-06-01 04:22
Taggar: oil

May in Figures


"In May, long-term interest rates fell.  On the monetary policy front, confidence climbed that the Federal funds rate would be raised before much longer, while speculation grew that more stimulus would..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-31 23:28
Taggar: dollar, gold, oil, rate

Oil Falls as Producers Pump Higher Output


"Brent crude prices fell on Tuesday on rising output from the Middle East and ahead of an OPEC meeting on Thursday, while U.S. crude edged higher as the summer driving season began. Brent crude oil fut..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-31 15:49
Taggar: oil

Saudi Oil Minister Arrives Early to Vienna for OPEC Meeting


"For OPEC watchers, every little detail matters. When the oil producer group holds its half-yearly meetings, what time the ministers arrive in Vienna, how they speak and which hotel they stay in –..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-31 15:46
Taggar: oil

Ahead of OPEC Meeting Analysts Divided on Future Oil Price


"For the first time since October, last week Brent and WTI crude futures reached $50 a barrel. But in spite of the shift upwards, analysts still disagree over where the price of “black gold”..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-31 15:33
Taggar: gold, oil

Battered by Crude Collapse, Norway Now Faces Risk of Oil Strikes


"Norway?s oil companies and the industry?s biggest union had set aside two days to negotiate over wages for offshore workers. Instead, the talks broke down after less than a minute. The failure shows t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-31 08:22
Taggar: oil

Weekly Trade Ideas: AUD/USD, Gold, Oil and S&P500


"AUD/USD continues to lose ground, S&P500 strength continues, gold key support levels in play, oil approaching key resistance. "

Blog: Forex Magnates
Tidsstämpel: 2016-05-30 13:08
Taggar: gold, oil

Waiting for Yellen


"Markets await clarification of FOMC policy when Chair Yellen speaks today at Harvard. The dollar rose 0.5% against the loonie but is otherwise very narrowly mixed. West Texas Intermediate oil and Come..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-27 13:18
Taggar: dollar, gold, loonie, market, oil, point

French Oil, Nuclear and Port Unions Join Strike


"France is being hit by serious disruption as unions lead strike action at oil refineries, nuclear power stations, ports and transport hubs. Motorways, bridges and tunnels have been blockaded, and flig..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-26 15:52
Taggar: oil

Firmer Commodity Prices


"Crude oil (+0.7%) and a wide spectrum of industrial metal prices firmed overnight.  WTI touched a high of $49.97 per barrel, and brent surpassed $50.00. St. Louis Fed President James Bullard is t..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-26 14:08
Taggar: bull, market, oil, rate

France Digs in to Endure Oil Strike with Release of Fuel Reserve


"The French government said it was prepared to endure weeks of strikes at refineries and began releasing strategic oil reserves to help ease nationwide fuel shortages. While panic-buying by motorists d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-26 09:06
Taggar: oil, rate

Brent Oil Pushes Above $50 for First Time in Nearly 7 Months


"Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-26 08:45
Taggar: oil

USD/CAD Loonie Rises as Bank of Canada Holds and Oil Prices Move After US Inventories


"The Canadian dollar had an eventful trading session today. The two main factors that would guide the CAD were: the Bank of Canada (BoC) statement at 10:00 am EDT and the release of the U.S. oil invent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 21:55
Taggar: bank, dollar, oil, rate, trading

Gold Dips to 13-month Lows on Talk of June Hike


"Gold continues to lose ground this week. The metal has posted slight losses Wednesday, trading at a spot price of $1220.04 an ounce in the North American session. On the release front, Goods Trade Bal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 16:50
Taggar: gold, market, oil, trade balance, trading

Oil Unchanged, Crude Oil Inventories Posts Sharp Decline


"US crude has inched higher on Wednesday, following gains which marked the Tuesday session. Crude is trading at $49.44 in the North American session, its highest level since October. Brent crude is tra..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 16:36
Taggar: oil, trade balance, trading

USD/JPY ? Yen Trading Quietly at 110, Markets Eye Japanese Inflation Numbers


"USD/JPY is showing little movement on Wednesday, following gains which marked the Tuesday session. The pair is trading slightly above the key 110 line. On the release front, there are no major events..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 13:43
Taggar: inflation, oil, trade balance, trading

EUR/USD ? Strong German Business Report Fails to Lift Euro


"EUR/USD is showing little movement on Wednesday, following sharp losses in the Tuesday session. The pair is trading at 1.1150. On the release front, German Ifo Business Climate improved to 107.7 point..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 12:21
Taggar: oil, point, trade balance, trading

As Traders Watch Oil, Markets Start to Hear Different Drummer


"A move higher in oil prices could continue to support stocks Wednesday, as markets dance around growing expectations for a Fed rate hike. Fed funds futures Tuesday were forecasting a nearly 40 percent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-25 08:50
Taggar: market, oil, rate

Citi Joins Goldman on Bullish Oil Outlook But Warns About Volatility


"Extreme turbulence may be the new normal for the oil market. That’s the message from Citigroup, which on Tuesday became the latest oil bear to defect to the bullish camp. Edward Morse, Citi̵..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-24 19:38
Taggar: bear, bull, market, oil

French Oil Refinery Works on General Strike Tuesday


"France’s oil refineries are on strike Tuesday, union officials said, with all eight of the country’s refineries out of action. A CGT (General Confederation of Labor) union official confirm..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-24 15:49
Taggar: oil

Weekly Trade Setups: AUDUSD, OIL, GOLD and S&P500 Index


"AUDUSD weakness continues, oil approaching resistance, gold and S&P500 firm. "

Blog: Forex Magnates
Tidsstämpel: 2016-05-24 11:15
Taggar: gold, oil

French Torching Patrol Car Fuel Sense Hollande?s Time Is Ending


"Just as Francois Hollande was trying to persuade the French that life was getting better ahead of next year?s election, outbreaks of street violence and strikes are undermining his authority. After mo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-24 09:18
Taggar: oil

Athens Stock Exchange Q1 Profit Shrinks as Volumes Decline


"The political turmoil that engulfed Greece has resulted in even less appetite for trading on the country?s stock market"

Blog: Forex Magnates
Tidsstämpel: 2016-05-23 23:29
Taggar: market, oil, trading

FOMC Minutes and a Missing Plane Rattle Market Nerves


"A wide range of commodities have dropped sharply, including overnight declines of 1.5% in gold, 1.9% in oil and over 2.0% in copper. Stocks and bonds also suffered. Share prices dropped 1.3% in New Ze..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-19 14:03
Taggar: gold, oil, share

Oil Prices Drop on Dollar Strength, Rising Inventories


"Crude oil prices headed lower in early Asian trade Thursday as a stronger dollar and the unexpected increase in U.S. crude inventories triggered selling. On the New York Mercantile Exchange, light, sw..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-19 10:07
Taggar: dollar, oil

USD/CAD Loonie Falls After Minutes Put June Rate Hike Back On Table


"The Canadian dollar finished almost 1 percent lower against the USD on Wednesday on a day that saw plenty of action. The unexpected rise in crude inventories in the U.S. hit oil prices and the loonie..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-18 23:13
Taggar: dollar, loonie, market, oil

EUR/USD Breaks Down After FOMC Minutes


"EUR/USD was moving sideways for two days but started to break down today. The decline intensified sharply after the minutes of the latest Federal Reserve meeting proved t..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-05-18 21:35
Taggar: oil, rate

Gold Under Pressure as Markets Eye FOMC Minutes


"Gold has edged lower on Wednesday, trading at a spot price of $1272.25 an ounce in the North American session. On the release front, Crude Oil Inventories posted a gain of 1.3 million, much higher tha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-18 18:21
Taggar: gold, oil, trading

US Crude on Hold Ahead of FOMC Minutes


"US crude is almost unchanged on Wednesday, as crude trades at $48.35 per barrel in the North American session. Brent crude is trading at $49.52, as the Brent premium stands is steady at $1.17. In econ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-18 17:45
Taggar: oil, trading

Digital Payments Forging a Defined Role in Modern World


"Digital payments can help play a key role in times of turmoil, with the recent Ebola crisis providing a glimpse into the future."

Blog: Forex Magnates
Tidsstämpel: 2016-05-18 16:15
Taggar: oil

Japanese GDP Growth in 4Q Beat Expectations. Ezone Inflation Negative. Awaiting FOMC Minutes


"The dollar strengthened overnight by 0.7% against the Australian dollar, 0.5% relative to the kiwi and loonie, 0.4% vis-a-vis the euro, 0.3% against the yen 0.2% versus the yuan and 0.1% relative to s..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-18 13:55
Taggar: dollar, gold, kiwi, loonie, oil

Oil Outages Speeding up New World Energy Order


"The world’s oil market is rebalancing faster than expected due to several serious outages, but for now there is enough oil in storage and excess capacity to keep prices from spiking. “We&#..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-18 10:15
Taggar: market, oil

USD/CAD Loonie Rises as Oil Gets End of Glut Call


"The Canadian dollar rose against the USD as oil prices surged after several oil disruptions have kept global production lower and Goldman Sachs has now called an end to crude oversupply. The investmen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-16 18:26
Taggar: bank, dollar, gold, investment, oil

Oil Prices Jump as Goldman Sachs Says Market Flips into Deficit


"Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit following global oil disruptions. Brent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-16 10:17
Taggar: bear, gold, market, oil, trading

Oil at $45 a Barrel Proving No Savior as Bankruptcies Pile Up


"Three bankruptcies this week shows that $45 a barrel oil isn?t enough to rescue energy companies on the verge of collapse. Since the start of 2015, 130 North American oil and gas producers and service..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-13 13:31
Taggar: bank, oil

Trader?s Timeout: Oil Prices Hit 6-Month Highs on Canadian Wild


"Crude oil prices spike amid potential supply disruption in Canada's oil sands region."

Blog: Forex Magnates
Tidsstämpel: 2016-05-12 14:27
Taggar: oil

Lower Yen and Stronger Norwegian Krone as Oil Recovers


"WTI oil rose 0.9% to a six-month high above $46/barrel after indications of a diminishing supply glut.  Comex gold fell 0.5% overnight. The dollar rebounded 1.4% against the yen.  NorwayR..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-12 13:19
Taggar: aussie, aussie dollar, dollar, gold, oil

APAC Currency Corner


"  Price action leaves traders in no man?s land. Moreover,  outside of some OIL price influenced movements on the Commodity Bloc , ?FX Land?  has been restrained Despite the stellar Westpac Consumer Co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-12 06:08
Taggar: aussie, bank, consumer confidence, oil

Gold Steady, Markets Eye US Jobless Claims


"Gold has posted slight gains on Wednesday. The metal is trading at a spot price of $1273.36 an ounce in the North American session. On the release front, EIA Crude Oil Inventories posted a sharp decli..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 17:51
Taggar: employment, gold, oil, trading

US Climbs as Crude Inventories Drops Sharply


"US crude has posted gains on Wednesday, continuing the upward trend in the Tuesday session. Crude is trading at $45.78 per barrel in the North American session. Brent crude is trading at $46.89, as th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 17:30
Taggar: oil, trading

NZD/USD ? Kiwi Unchanged, RBNZ Cites Risks to Economy


"NZD/USD is almost unchanged on Wednesday, as the pair trades at the 0.68 line in the North American session. It’s a quiet day on the release front. In the US, today’s highlight is Crude Oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 16:18
Taggar: market, oil

AUD/USD ? Aussie Steady, Consumer Sentiment Shines


"The Australian dollar is showing limited movement on Wednesday, after posting gains in the Tuesday session. AUD/USD is trading at 0.7340 in the European session. In Australia, Westpac Consumer Sentime..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 15:43
Taggar: consumer sentiment, dollar, oil, trading

USD/JPY ? Yen Moves Higher, Japanese Current Account Next


"USD/JPY has posted considerable losses on Wednesday, reversing the upward movement we saw on Monday and Tuesday. The pair is trading at 108.70 in the European session. On the release front, there are..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 13:50
Taggar: market, oil, trading

Euro Remains Subdued, Markets Eye German and Eurozone GDP Reports


"EUR/USD continues to have an uneventful week, as the pair trades slightly below the 1.14 line in Wednesday’s European session. In economic news, there are no Eurozone events on the schedule. It&..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-11 11:37
Taggar: indicators, market, oil

USD/CAD Loonie Rises as Oil Surges due to Supply Disruptions


"The Canadian dollar regained some ground versus the U.S. dollar on Tuesday as the price of oil rose more than 2 percent due to a curb in production in Canada and Nigeria. Wild fires in Alberta have re..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-10 21:08
Taggar: dollar, oil

OANDA MP ? Volatile Start for Oil (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks ahead to today’s key economic events. In today’s video, Craig talks about toda..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-09 15:55
Taggar: market, oil, trading

Saudi Arabia?s Oil ?Maestro? Exits as Young Prince Flexes His Muscles


"The end of Ali al-Naimi’s more than two-decade tenure as Saudi Arabia’s oil minister signals a new era for crude markets, analysts said on Saturday, and appeared to be a reaffirmation of S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-09 14:43
Taggar: market, oil

Trader?s Timeout: Oil Rally Slows as Skepticism Builds


"Analysts have repeatedly warned that the latest rally in oil prices is overdone. The market remains highly volatile and difficult to predict."

Blog: Forex Magnates
Tidsstämpel: 2016-05-09 10:50
Taggar: market, oil

Europe Seen Higher on Oil Gains


"European equity markets are expected to open higher on Monday, tracking moves in Asia overnight on the back of gains in oil as fires in Canada?s oil sand region drove large supply disruptions. It is t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-09 08:35
Taggar: market, oil

USD/CAD Loonie Flat Awaiting Canadian and U.S. Jobs Data


"The wildfire in Fort McMurray, Alberta continues to rage on. Losses from the ongoing disaster are calculated at $1 billion. The price of oil rose as it is estimated 500,000 barrels are offline as the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 23:17
Taggar: oil

Crude Prices Forcing Oil Companies to Cooperate on Technology


"Ten oil companies including Royal Dutch Shell (RDSa.L), Chevron (CVX.N) and BP (BP.L) are working together to develop standard production equipment, a rare cooperation among rivals to save money as lo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 20:24
Taggar: oil

A Cold Winter Would Boost Oil Demand in the US


"The warmest winter for more than 30 years reduced fuel oil demand drastically in the United States in 2015/16 and left the country heavily oversupplied with heating oil. The good news for refiners and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 15:44
Taggar: oil

Alberta Fire Could Cost $1B in Losses


"Losses from the devastating wild fire blazing in western Canada are nearing $1 billion, and will likely set records for the country, insurance industry experts said. Record-breaking heat, high winds..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 15:42
Taggar: oil

2.3% Rise in Crude Oil Price Sets the Tone


"West Texas Intermediate crude oil rose a whole dollar to $44.78 per barrel on news of the lowest U.S. production last week in nineteen months.  There was an implicit signal from Saudi Arabia that..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-05 14:00
Taggar: dollar, gold, oil

Oil Rallies as Canada Fire and Libya Violence Threaten Supply


"A huge wildfire near Canada’s oil sands region and escalating tensions in Libya stoked concern among investors over a near-term supply shortage, driving crude prices up for the first time in a w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 13:40
Taggar: oil

Turkey Premier Said To Give Up As Erdogan Tightens Grip


"Turkish Prime Minister Ahmet Davutoglu is expected to step down after losing a market-roiling power struggle with President Recep Tayyip Erdogan, clouding the country?s economic prospects and imperili..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-05 12:04
Taggar: market, oil

US Crude Subdued, Crude Inventories Jumps


"US crude futures are almost unchanged on Wednesday, following losses on Monday and Tuesday. US Crude is trading at $44.12 in the North American session. Brent crude is trading at $45.22, as the Brent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-04 17:36
Taggar: oil, trading

US Oil Companies Looking at Oil Price to Restart Drilling


"After cutting spending and staff levels to the bone, U.S. oil executives say they are getting ready for new drilling projects as a 50 percent increase in crude prices since February leads them to beli..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-04 16:57
Taggar: oil

Oil Rises as Canadian Wildfire Forces Evacuation of Fort McMurray


"Oil rose toward $46 a barrel on Wednesday as reduced production in Canada’s oil sands region due to a wildfire pushed aside concerns about excess global supplies and expectations of rising U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-04 16:52
Taggar: oil

FSMA Issues Warning Against Boiler Rooms, Recovery Room Fraud


"Boiler room and recovery room scams continue to permeate the industry, leading the FSMA to warn against such activities."

Blog: Forex Magnates
Tidsstämpel: 2016-05-04 13:08
Taggar: oil

USD/CAD Loonie Falls as Oil Plummets and USD Rebounds


"The USD recovered after touching multi-month lows versus majors and investors started taking profits from the oversold dollar position. The Canadian dollar was pushed lower as oil prices tanked with t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-03 22:21
Taggar: dollar, oil, profit

Oil Prices Not only Driven By Speculators Says Kemp


"Oil prices are becoming dangerously overheated as speculators anticipate a rebalancing of supply and demand that has barely started, according to many oil analysts. “Even as oil rallies, analyst..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-03 15:38
Taggar: oil

Risk Aversion Returns after Upbeat Monday


"Stocks, Treasury yields, and oil prices faltered Tuesday for various reasons. Disappointing Chinese, British and Irish manufacturing purchasing manager surveys reported. Mediocre first-quarter U.S. co..."

Blog: Currency Thoughts
Tidsstämpel: 2016-05-03 14:07
Taggar: margin, market, oil, point, rate, report

At $45 A Barrel, U.S. Producers Rush To Lock In Prices


"U.S. oil producers pounced on last month’s 20 percent rally in crude futures to the highest level since November, locking in better prices for their oil by selling future output and securing an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-05-02 14:50
Taggar: oil

April 2016 in Figures


"The dominant market themes in March had been strong oil and equities, dollar and yen weakness, and modest sovereign debt yield increases.  In April, West Texas Intermediate crude oil extended March..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-30 17:16
Taggar: currency, dollar, market, oil

OPEC Oil Output at Record High


"OPEC’s oil output rose in April to close to the highest level in recent history, a Reuters survey found on Friday, as production increases led by Iran and Iraq more than offset a strike in Kuwai..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-29 15:54
Taggar: oil

USD/CAD Loonie Higher as US Economy Shows Signs of Slowing Down


"The Canadian Dollar is Appreciating Due to a Weak USD and a Surging Oil Price The CAD hit a 10 month high after the release of the advanced U.S. gross domestic product. The U.S. economy grew by 0.5 pe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-28 18:50
Taggar: dollar, economy, oil

Oil Price Stable After Some Profit Taking


"Oil futures steadied after setting new 2016 highs on Thursday as traders locked in profits, though analysts said supply disruptions, strong investor appetite and a weakening dollar could push prices h..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-28 16:07
Taggar: dollar, oil, profit, trading

USD/CAD Loonie Flying High Ahead of FOMC


"The Canadian Dollar Rose to a 10 Month High After Oil Price Surge The USD weakness ahead of the April Federal Open Market Committee (FOMC) on Wednesday, April 27 2:00 pm EDT has given the CAD some tra..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-27 16:09
Taggar: dollar, loonie, market, oil, trading

Apple?s Results Hit Tech Shares


"Technology stocks fell in Europe and Asia on Wednesday after worse-than expected results from Apple and Twitter, while the dollar weakened before a U.S. monetary policy decision, propelling oil to 201..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-27 14:53
Taggar: dollar, market, oil, report, trading

Falling Output, Weak Dollar Push Oil to New Heights


"Oil hit its highest level of 2016 on Wednesday, driven by a falling dollar and evidence of declining U.S. supply, putting the price on course for its strongest monthly performance since last April. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-27 14:47
Taggar: dollar, oil

Oil Rises After Weaker USD and Higher Demand Expectations


"Oil prices rose on Tuesday, boosted by a weaker dollar and by expectations that demand could grow quickly enough to match supply this year, although concern over a potential battle for market share be..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-26 16:08
Taggar: dollar, market, oil, share

IMF Expects Middle East Oil Losses to Continue


"Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace for even deeper losses of around $500 billion this year, the In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-26 16:05
Taggar: oil

US Stocks Open Higher Eyeing Fed


"U.S. stocks opened slightly higher as oil prices rose on a day when a slew of companies were scheduled to report their quarterly earnings and the U.S. Federal Reserve was set to begin its two-day meet..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-26 16:01
Taggar: oil, point, report

USD/CAD Loonie Lower Awaiting FOMC and Canadian GDP


"The Canadian dollar retreated at the start of the week as it gave up the gains from Friday’s strong inflation and retail sales data. The loonie had a horrible start to 2016 after the price of oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 22:33
Taggar: currency, dollar, inflation, loonie, oil, retail sales

US Stock Market Lower on Weak Earnings Ahead of FOMC


"Wall Street posted modest losses Monday, eroding some of last week?s gains, as investors opted to stay on the sidelines ahead of meetings from the Bank of Japan and Federal Reserve later in the week..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 16:13
Taggar: bank, oil, point

Saudi Aramco to Sell Less than 5% in IPO


"Saudi Arabia plans to sell less than 5 percent of its state oil company Saudi Aramco [SDABO.UL] through an initial public offering (IPO), Deputy Crown Prince Mohammed bin Salman said on Monday. He sai..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 16:02
Taggar: oil

IMF Praises Saudi Arabia for Its Reform Efforts


"The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters to repair damage to their state finances as low crude prices slash export revenu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 15:57
Taggar: finance, oil

Gasoline Glut Threatens Oil?s Rebound Later This Year


"A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as the main engine of global demand growth for the past several years starts to sputter amid signs of a g..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 15:53
Taggar: oil

Oil Rises on Monday as Non-OPEC Supplies Shrink


"Oil prices rose on Monday, extending recent gains, building on three weeks of higher prices and reversing earlier losses from traders taking profits. Front-month Brent crude LCOc1 was trading at $45.4..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 15:51
Taggar: oil, profit, trading

Saudi Aramco Expects to Fetch $2 Trillion in IPO


"Saudi Arabia confirmed on Monday that it planned to sell a stake of its state oil giant Saudi Aramco which was expected to be valued at more than $2 trillion. The sale would be less than 5 percent of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 15:50
Taggar: oil

RBC Says Oil Has Bottomed and Doha Fail Proves It


"The fact that crude futures didn’t sell off after major oil producers failed to reach an agreement to cap production last week is another sign the commodity has bottomed, RBC Capital MarketsR..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-25 15:46
Taggar: market, oil

A Commodities Cloud Over World Financial Markets


"The prices of crude oil (WTI down 1.3% to $43.16) and many industrial metals have fallen at the start of the new week, leading to a risk averse mood.  Gold is steady at $1,233.15 per ounce. Equit..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-25 13:47
Taggar: gold, oil

Week Ahead in FX: USD Rebounds Ahead of FOMC


"The US Dollar Recovers Awaiting the FOMC Statement The Sunday news that the Doha oil output freeze meeting had failed hit markets with the Asian open. Commodity currencies were hit as another news ite..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-22 21:36
Taggar: currencies, dollar, market, oil

Bund Yields Set For One Of The Biggest Weekly Rises In 2016


"German Bund yields stabilised on Friday but were still on course for one of their biggest weekly gains since December last year after a rebound in oil prices and a wait-and-see message from the Europe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-22 14:38
Taggar: bank, inflation, market, oil

APAC Currency Corner-Rollercoaster


"  Rollercoaster ride for Aussie A sharp U-turn in WTI oil prices was all it took to send the Aussie spiralling downwards after touching a 10-month peak. Oil prices swung frantically overnight as oil t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-22 03:49
Taggar: aussie, bull, oil

USD/CAD Loonie Falls After Rise of US Dollar


"The Canadian dollar had a volatile trading day and gave back gains versus the USD on the back of concerns for the price of oil after global supply is expected to rise and the U.S. dollar gained agains..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 21:59
Taggar: dollar, oil, trading

OANDA MP ? Draghi and Oil (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks ahead to today’s key economic events. These include today’s UK retail sales, U..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 17:28
Taggar: market, oil, retail sales, trading

Russia Beats Saudi Arabia as Top Oil Supplier to China in March


"Russia beat Saudi Arabia as China’s top crude oil supplier in March, a follow-on to taking the No.1 spot in four months of 2015, customs data showed on Thursday, due to strong purchases from the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 16:25
Taggar: oil

Senior Saudi Oil Advisor Says New Oil Output Freeze Meeting Will be in June


"Oil-producing nations will discuss an oil output freeze at OPEC’s meeting in June, a senior Saudi oil advisor said on Thursday, keeping open the prospect of action to boost prices despite the co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 16:24
Taggar: oil

Oil Higher After IEA Expects Non-Opec Fall in Production


"Crude prices firmed on Thursday after the International Energy Agency (IEA) said non-OPEC production would fall this year by the most in a generation and help rebalance a market dogged by oversupply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 16:22
Taggar: investment, market, oil

OPEC Secretary General Says Doha or no Doha Oil Will Rebalance


"The oil market will begin rebalancing by the third quarter of this year and will turn positive by 2017 despite world’s top producers failing to reach an agreement to freeze production during a w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-21 15:33
Taggar: market, oil

Gold Gains Continue as Markets Digest Failed Oil Summit


"Gold has posted slight gains on Wednesday, continuing the upward trend which marked the Tuesday session. Gold is trading at a spot price of $1254.20 an ounce in the North American session. On the rele..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 18:12
Taggar: gold, home sales, oil, trading

US Crude Oil Gains Ground, Close to 5-Month Highs


"US crude futures have posted gains on Wednesday, trading at $42.66 per barrel in the North American session. Brent crude futures are trading at $44.50, as the Brent premium has narrowed to $1.84. In e..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 17:43
Taggar: home sales, oil, trading

Bund Yield Dips As Oil Price Falls


"German bond yields dipped on Wednesday as oil prices fell after Kuwaiti oil workers ended a strike and a sale of 10-year debt went smoothly. Significant market moves were capped a day before a Europea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 14:47
Taggar: bank, market, oil

Iran Struggles To Find Ships For Oil Exports


"Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes. Tehran is see..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 14:40
Taggar: oil

NZD/USD ? Kiwi Steady, US Existing Home Sales Next


"NZD/USD is steady on Wednesday, as the pair is trading just above the 0.70 line early in the North American session. Taking a look at today’s economic events, the US will release Existing Home S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 14:33
Taggar: home sales, indicators, oil, trading

Dollar Little Affected by Risk Aversion in Other Markets


"Stocks in China, Hong Kong and Taiwan slumped 2.3%, 1.5%, and 1.4%.  A Chinese central bank official implied lessening inclination to ease. West Texas Intermediate crude oil dropped 2.3% to $40.1..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-20 14:08
Taggar: bank, oil, point

USD/JPY ? Yen Drifting Continues at 109


"USD/JPY has posted small losses on Wednesday, continuing the downward trend which marked the Tuesday session. USD/JPY is trading at the 109 in the European session. On the release front, Japan’s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 12:16
Taggar: home sales, oil, trading

Doha Talks End in Failure as Oil Prices Plunge


"With no compromise reached amongst the major crude oil suppliers, production is set to rise as parties fight for market share."

Blog: Forex Magnates
Tidsstämpel: 2016-04-20 10:52
Taggar: market, oil, share

Kuwait Oil, Gas Workers End Three-Day Strike: Local Newspaper


"Kuwaiti oil and gas workers have ended a three-day strike that had temporarily cut the OPEC member’s crude production by nearly half, local newspaper Al Jarida reported late on Tuesday, citing t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 09:44
Taggar: oil, report

After Doha Failed, This Is the Country That Drove Oil Prices


"Striking Kuwaiti oil workers significantly disrupted oil production, temporarily halting production of about the same amount of crude that the world is oversupplying each day. The three-day strike was..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 09:39
Taggar: oil, report

Oil Down but Not Out as Kuwait Strike Ends


"Brent and WTI crude are coming under pressure again on Wednesday after oil workers in Kuwait agreed to end their strike against wage and job cuts and work to return output to pre-strike levels. Despit..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 08:45
Taggar: oil

APAC Currency Corner ? Oil moves markets


"The relentless risk rally on the back of surging global equities, compounded by oil prices outperforming, bolstered both Aussie and Kiwi sentiment overnight. Retracing moves from the Doha fallout, in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-20 04:01
Taggar: aussie, kiwi, oil, pound

Commodity Currencies Rebound After Oil Rise


"Doha Summit Failure and Kuwait Oil Strike Made for a Volatile Weekend for Crude Volatility in energy prices and a return of risk appetite have pushed commodity currencies upwards after prices tumbled..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 21:08
Taggar: currencies, dollar, oil

Currency Outlook Highly Dependent on Price of Oil


"Juxtaposed against rising oil prices, the dollar has depreciated around 2.5% on a trade-weighted basis over the past month.  The U.S. currency has declined by similar percentages against the yen..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-19 20:30
Taggar: currency, dollar, kiwi, loonie, oil

Commodity Currencies Rising After Oil Rebound


"Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar, drawing support from oil prices which stabilized from a slide and underpinned broad r..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 13:41
Taggar: currencies, dollar, market, oil

RBA Chief Says Central Bank Actions Reaching Diminishing Returns


"The turmoil in global financial markets of recent months was overdone and not of itself a risk to the outlook for world growth, Australia’s top central banker said on Tuesday. Speaking on the in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 13:36
Taggar: bank, financial, market, oil

Oil Rises After Kuwait Strike Enters Day 3


"Oil rose around two percent on Tuesday as a strike by oil workers in Kuwait nearly halved crude production from the OPEC member, overshadowing bearish sentiment following Sunday’s failure by pro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 13:34
Taggar: bear, oil

FX5: Investor Risk Appetite On The Rise


"Tuesday April 18: Five things the markets are talking about Are investors back to trading risk? U.S markets started this week under modest pressure after oil producers failed to reach a deal on an out..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 12:36
Taggar: market, oil, trading

Russia May Raise 2016 Oil Output


"Russia is considering raising its oil production this year, and a level of 540 million tonnes of crude is “quite realistic”, Russian Deputy Energy Minister Kirill Molodtsov told reporters..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 10:28
Taggar: oil, report

Saudi Arabia vs Iran: Blame Game Begins After Doha


"After the collapse of major oil producer talks this weekend, analysts are questioning whether diplomatic relations between Saudi Arabia and Iran are damaged for good. Talks between OPEC and non-OPEC o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 10:21
Taggar: oil

Oil Rebounds But Remains Bearish for Now


"The European session looks set for a relatively mixed start on Tuesday, with small oil losses today likely to keep the pressure on as we look ahead to some data from Germany, the eurozone and the U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-19 07:44
Taggar: bank, oil

US Crude Slides, Recovers after Doha Meeting Ends in Disarray


"US crude futures started the Monday session with losses, but have reversed directions and are showing gains in North American trade. US crude is trading at $39.24 per barrel. Brent crude futures are t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 16:41
Taggar: oil, trading

OANDA MP ? Oil Falls on Broken Doha Talks (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks ahead to today’s key economic events. In today’s video Craig talks about the m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 16:34
Taggar: market, oil, trading

SNB Lessons Learned and Effective Communication During Volatility


"Being generous with your clients always pays off, especially during times of turmoil."

Blog: Forex Magnates
Tidsstämpel: 2016-04-18 16:07
Taggar: oil

Oil Price Recovering After Doha Fail


"Oil prices have dropped sharply after a meeting of oil producers failed to agree an output freeze. Brent crude fell 7% at one point before recovered slightly to stand down $2.30, or 5.3%, at $41.54 a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 15:56
Taggar: oil, point

After Doha Fail Iran and Saudi Arabia Back to Drawing Board


"After the collapse of major oil producer talks this weekend, analysts are questioning whether diplomatic relations between Saudi Arabia and Iran are damaged for good. Talks between OPEC and non-OPEC o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 15:48
Taggar: oil

Oil Talks Collapse and a Brazilian Vote to Impeach President Rousseff


"Oil ministers from OPEC and Non-OPEC producers did not agree to freeze production at January levels.  Iran didn’t join the meeting, and Saudi Arabia refused to adopt any accord without Iran..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-18 14:00
Taggar: oil

Oil Talks Collapse and a Brazilian Vote to Impeach President Rousseff


"Oil ministers from OPEC and Non-OPEC producers did not agree to freeze production at January levels.  Iran didn’t join the meeting, and Saudi Arabia refused to adopt any accord without Iran..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-18 13:52
Taggar: oil

Russia: Why the Worst Is over for Our Economy


"Low oil prices, economic sanctions, political isolation and capital outflows have made for a torrid couple of years for Russia’s economy, but the country’s finance minister has told CNBC t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 10:18
Taggar: economy, finance, oil, rate

Oil Producers Send Crude Reeling After Output Deal Fails in Doha


"A summit in Doha between the world’s largest oil producing countries ended without an agreement on Sunday, as country leaders failed to strike a deal to freeze output and boost sagging crude pri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 10:15
Taggar: oil, trading

Failed Doha Talks Send Oil Prices Tumbling


"A failed attempt to agree an output freeze by some of the world?s largest oil producers in Doha over the weekend has sent oil prices tumbling at the start of the week, which in turn appears to be weig..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 07:28
Taggar: oil

APAC Currency Corner ? No Doha


"  It?s all about the sticky subject of oil today. The failure of any capping agreement in Sunday?s Doha crunch talks has hammered oil prices and led to a somewhat negative sentiment across Asia today..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-18 04:25
Taggar: currencies, oil

Dollar Falls Against Euro But Not Far


"The dollar fell against the euro today as US economic data was not particularly good. The drop was not big though. Falling crude oil prices were also weighing on the gree..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-04-15 23:38
Taggar: dollar, oil

Risk-Averse Brokers Suspend Accepting New Trades from Oil Traders


"With crude oil set for volatility some brokers have announced changes in trading conditions."

Blog: Forex Magnates
Tidsstämpel: 2016-04-15 14:36
Taggar: brokers, oil, trading

OANDA MP ? Oil Down Ahead of Doha Meeting (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks ahead to today’s key economic events. In today’s video, Craig talks about the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-15 13:50
Taggar: market, oil, trading

Oil Lower as Producers Consider Output Freeze


"U.S. equity markets are expected to open slightly lower on the final trading day of the week, as investors eye a number of key economic reports and important meetings of the G20 and major oil producer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-15 13:06
Taggar: market, oil, report, trading

Russia: We Don?t Expect Any Oil Price Rise After Doha


"All eyes are on Doha this weekend where a meeting between OPEC and non-OPEC oil producers is being held to discuss freezing oil production output at current levels, but the finance minister of major o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-15 09:39
Taggar: finance, oil

USD/CAD ? Loonie Lower on Oil Uncertainty


"The Canadian dollar retraced on Thursday as energy prices traded lower ahead of the Doha oil output freeze summit over the weekend. Yesterday the Bank of Canada (BoC) held rates unchanged at 0.50 perc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-14 22:44
Taggar: bank, dollar, oil, rate

EUR/USD Bounces After US CPI Disappoints


"EUR/USD was slowly gravitating to the downside during the current trading session but bounced after the release of mixed US economic data. While unemployment claims made a..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-04-14 16:03
Taggar: bull, cpi, dollar, employment, oil, trading

IEA Raises Doubt on Doha Oil Summit Impact


"A deal to limit oil output, to be discussed in Doha this weekend, would have a limited impact, says the International Energy Agency (IEA). Opec and non-Opec oil producers are due to discuss a deal tha..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-14 15:42
Taggar: oil

Dollar Broadly Stronger, Gains vs. Euro


"EUR/USD slumped today as the dollar was broadly stronger during the current trading session. While the rise of crude oil and gains of global stocks were helping risk..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-04-13 17:02
Taggar: currencies, dollar, oil, trading

Crowd-Pleasing Chinese March Trade Data


"Investors had already been in a risk-on frame of mind because of the upcoming OPEC meeting to freeze production and lend support to oil prices. Chinese trade figures released overnight suggest that ec..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-13 13:40
Taggar: economy, oil

OPEC: Oil to Get Boost from Summer ?Driving Season?


"The oil market should get a boost this summer from the “driving season,” the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday, but world oil demand would nonethel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-13 12:39
Taggar: market, oil

If Oil Freeze Deal Fails, What Then?


"The early success of an oil-supply accord between OPEC and Russia in reviving crude prices is magnifying the potential risks should producers meeting this weekend fail to complete their deal. Brent cr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-13 12:29
Taggar: oil

Band Plays on, as Global Oil Glut Leaves Supertankers in a Huge Jam


"It may be the world’s biggest traffic jam. As ports struggle to cope with a global oil glut, huge queues of supertankers have formed in some of the world’s busiest sea lanes, where some 20..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-13 09:51
Taggar: oil

Saudi Oil Minister Rules out Crude Output Cut


"Saudi oil minister Ali al-Naimi ruled out a crude output cut in comments made to Saudi-owned al-Hayat newspaper published on Wednesday. “Forget about this topic,” he told the paper, when a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-13 09:43
Taggar: oil

IMF Lowers Canada?s Growth Forecast to 1.5% in 2016


"The International Monetary Fund is lowering its economic growth projections for Canada and the world. Slowing growth in global oil exports, low crude prices and weak demand for non-oil commodities wer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 17:40
Taggar: economy, oil

Oil Price Recovers as Supply Glut Creates Tanker Traffic Jam


"As ports struggle to cope with a global oil glut, huge queues of supertankers have formed in some of the world’s busiest sea lanes, where some 200 million barrels of crude lies waiting to be loa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 17:34
Taggar: market, oil

Low Oil Has Disincentivized Fuel Efficiency


"Fuel consumption is not very sensitive to a small change in prices in the short run, but if the price change is large enough and lasts long enough the amount used can change significantly. The 60 perc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 17:31
Taggar: consumption, oil

Political Tension Heats Up in Saudi Arabia As Economy Downgraded


"When Fitch cut Saudi Arabia’s credit rating on Tuesday, it cited the usual concerns: low oil prices and a widening government deficit. That’s not terribly surprising — the world̵..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 17:25
Taggar: analysis, oil

WTI Breaks Above $40 Ahead of Doha Summit


"Oil reached a 2016 high above $43 a barrel on Tuesday, supported by hopes that an upcoming meeting of oil producers will tackle a supply glut, and by a weak U.S. dollar and further signs of strong dem..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 17:21
Taggar: dollar, oil

Kansas Fed Chief Expects US to Grow Just Under 2%


"Dallas Federal Reserve President Rob Kaplan said Tuesday he’s not too concerned about the slowing economic growth in the first quarter, and the U.S. economy is likely to grow at just under 2 per..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 16:58
Taggar: economy, financial, oil

OANDA MP ? Market Snapshot (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks at today’s key economic events. In today’s video Craig discusses the Australia..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 15:47
Taggar: aussie, aussie dollar, cpi, dollar, inflation, market, oil, pound, trading

Tuesday Trading Tip ? Bank of Canada Preview


"The Bank of Canada meets tomorrow and based on the following table, they have more reasons to smile this month with consumer spending and job growth improving significantly. Oil prices are also up 10%..."

Blog: Kathy Lien - Forex Blog - Currency Research
Tidsstämpel: 2016-04-12 15:30
Taggar: bank, economy, oil

Fitch downgrades Saudi Arabia


"U.S. ratings agency Fitch has downgraded Saudi Arabia and kept its outlook on the oil-producing country as negative as the low price of oil continues to take its toll. In a note issued Tuesday, Fitch..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 14:14
Taggar: oil

Oil Retains $40-Plus Level


"After closing above $40 per barrel on Monday, West Texas Intermediate crude oil extended its rebound by 0.6% to $40.59.  Investors are hopeful that upcoming talks between OPEC and Russia will yie..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-12 14:09
Taggar: inflation, oil

These Countries Could Threaten Doha Oil Deal


"Hopes that an oil production freeze could result from a meeting between OPEC and non-OPEC oil producers this coming Sunday are looking increasingly over-optimistic as a number of countries attending t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 11:28
Taggar: oil

Futures Lower Ahead of U.K. Inflation Data


"European futures are pointing slightly lower ahead of the open on Tuesday, as investors eye the latest inflation data from the U.K. and negotiations between Greece and its lenders continue. Inflation..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-12 07:45
Taggar: inflation, oil, point

Chinese Price Data Dampen Market Risk Aversion


"Chinese share prices recovered 1.6% after a tough week. Comex gold advanced 0.7% to $1,249.87, near a three-week high. West Texas Intermediate crude oil is trading at $39.55 per barrel, just a tad sou..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-11 13:42
Taggar: gold, oil, point, share, trading

OANDA MP ? Oil Soars Ahead of Rig Data (Video)


"Senior Market Analyst Craig Erlam talks about how markets are trading early in the European session and looks ahead to today’s key economic events. Today’s topics include UK industrial pro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-08 15:16
Taggar: industrial production, market, oil, trading

Oil Rebounds and Another Warning against Rapid Yen Swings


"West Texas Intermediate crude oil rose 3.5% to $37.56 per barrel, taking some shine of the risk averse mood of recent sessions. There’s some hope that a scheduled OPEC meeting later this month c..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-08 14:18
Taggar: oil, share

Property Market, Equities Top Four Major Risks in China: Pimco


"Three months into China’s market turmoil early this year, the outlook for the world’s second-largest economy remains murky. China’s repeatedly assured that the economy is not headed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-08 10:35
Taggar: economy, market, oil

USD/CAD ? Loonie Lower After Risk Sell Off and Weak Commodities


"The Canadian dollar depreciated on Thursday as investors fled to safe havens following concerns about global growth. The USD gained versus the CAD as support from oil prices was not forthcoming after..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-07 23:31
Taggar: dollar, oil

EUR/USD Remains Firm After Fed Minutes


"EUR/USD was falling in the first half of the current trading session but bounced in the second. The dollar made an attempt to bounce against the euro..."

Blog: Forex Blog, Forex Trading Information
Tidsstämpel: 2016-04-06 21:23
Taggar: dollar, oil, trading

Crude Futures Rise On Hopes For Output Freeze


"Crude oil futures rose on Wednesday as hopes for an agreement among exporters to freeze output underpinned the market, although persistent global oversupply and Iran’s plans to boost production..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-06 15:08
Taggar: market, oil

Yen Bull Eyes ¥105


"Wednesday April 6: Five things the markets are talking about Yesterday, global equities came under renewed pressure with investors having a plethora of reasons why to choose from, ranging from an over..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-06 12:06
Taggar: market, oil, report

Europe Higher as Oil Rebounds on Inventory Drop


"The European session is set for a positive open on Wednesday, buoyed by a rebound in oil prices overnight and some encouraging data from China. Oil has been under pressure over the last couple of week..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-06 07:43
Taggar: oil

APAC Currency Corner -Equity Markets Sour


"  Equity markets sour  Equity markets have struggled badly over the last 24 hours, and you can easily pick your poison: a combination of lower oil prices, a stronger Yen and tepid economic data in the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-06 04:14
Taggar: market, oil

Kuwait Confident on Oil Freeze Deal in Doha


"All signs suggest that a meeting of OPEC and non-OPEC oil producing countries in Doha on April 17 will produce an initial agreement to freeze output, Kuwait’s OPEC governor Nawal Al-Fuzaia said..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-05 16:25
Taggar: market, oil

Oil Near 1 Month Low as Gasoline Demand Falls in US


"Oil traded near one-month lows on Tuesday after a surprise fall in gasoline demand in the United States, the world’s largest oil consumer, and on doubts whether oil producers can agree an output..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-05 16:21
Taggar: consumption, oil

Oil Continues to Retreat, PMIs in Focus


"European markets are expected to open lower on Tuesday, tracking similar losses in the U.S. and Asia overnight. We saw another sell-off in oil on Monday which may have contributed to the losses in equ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-05 07:42
Taggar: market, oil

USD/CAD ? Loonie in Tight Range Despite Oil Price Tumble


"The Canadian dollar traded in a tight range versus the USD as the weak fundamentals in the U.S. cancelled out the drop in oil prices after doubts rose about the Doha crude price freeze. The USD did no..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-04 22:54
Taggar: dollar, dollar trade, goods orders, oil

Russian Oil Production Rose 0.3% in March


"Russia’s oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow’s commitment to freeze output ahead..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-04 17:55
Taggar: oil

India Imports 500,000 barrels a Day from Iran


"India’s Iran oil imports topped 500,000 barrels per day (bpd) in March, highest in at least five years, as private refiner Reliance Industries resumed purchases after a multi-year lay-off, preli..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-04 17:38
Taggar: oil

Iran Oil Minister Rejects Saudi Demand to Freeze Oil Production


"Iran?s oil minister on Sunday rejected a Saudi demand to stop throttling up its petroleum production, potentially threatening a global deal to limit crude output and raise prices. Bijan Zanganeh?s rem..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-04 16:32
Taggar: oil, report

Oil Output Freeze in Danger as Saudi Demands Iran Participate


"Oil prices hit one-month lows as prospects of top exporters agreeing to curb chronic oversupply faded, while other commodities also lost ground as the dollar steadied after Friday’s strong U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-04 16:31
Taggar: dollar, oil, share, shares

Markets Fooled by Succession of Surprises


"First oil tumbled almost 4% when a top Saudi political official said Saudi participation in a production freeze would be condition on full solidarity of the whole OPEC cartel, including Iran, in the e..."

Blog: Currency Thoughts
Tidsstämpel: 2016-04-01 18:16
Taggar: oil, share

S&P Cuts China State Oil Firms? Outlook to ?Negative?


"Ratings agency Standard and Poor’s downgraded a significant number of Chinese oil and infrastructure companies on Friday, just a day after downgrading the country’s credit rating outlook..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-04-01 09:59
Taggar: oil, rate

USD/CAD ? Loonie Awaiting US Employment Data


"The Canadian economy expanded in January by 0.6 percent doubling economists expectations. This is the strongest monthly GDP figure since the price of oil was above $100 in July 2013. The Canadian doll..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-31 22:55
Taggar: dollar, economy, market, oil, point

Canada: GDP By Industry January 2016


"Real gross domestic product rose 0.6% in January, a fourth consecutive monthly increase. Manufacturing, retail trade, and mining, quarrying, and oil and gas extraction were major contributors to growt..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-31 14:57
Taggar: oil

Fed Speeches Eyed After Shaky Start in Europe


"It?s been a shaky start to the European session on Thursday, despite the data from the UK and the euro area in the morning being broadly positive. Further declines in oil were  also weighing on equity..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-31 14:15
Taggar: market, oil

USD/CAD ? Loonie Gains Despite Oil Price Retreat


"The USD continues to depreciate a day after U.S. Federal Reserve Chair Yellen deflated any possibility of an April interest rate hike and put in question any moves in the first half of 2015. The Canad..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-30 22:54
Taggar: dollar, oil, rate

Kuwait and Saudi Arabia to Resume Shared Oil Field Production


"Kuwait and Saudi Arabia are set to resume oil production at a joint offshore field. That’s according to a report Tuesday by the state-run Kuwait News Agency. It cites Anas al-Saleh, Kuwait’..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-30 16:03
Taggar: finance, oil, report

Oil Rises as Dollar Deflates After Yellen Dovish Comments


"Oil futures edged up on Wednesday to near $40 per barrel as a weaker dollar spurred interest in riskier assets and the International Energy Agency said expectations for a deluge of oil from Iran were..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-30 15:58
Taggar: dollar, oil

India Trying to Build Oil Buffer


"India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-30 15:51
Taggar: oil, rate

London Prime-Home Values Fall on `Brexit? Fears, Stamp Duty Hike


"Home values in London?s best districts fell for the third consecutive quarter as financial-market turmoil and the risk that the U.K. may vote to leave the European Union damped demand, according to br..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-30 15:33
Taggar: financial, market, oil

Oil Price Retreat Extended


"West Texas Intermediate crude oil slid another 2% and is trading about 7% below last Wednesday’s close.  Gold (down 0.3%) and most metals are lower, too, adding to the heaviness of commodit..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-29 14:21
Taggar: currencies, dollar, gold, loonie, oil, trading

Oil Rises Slightly in Thin Holiday Trading


"Oil prices climbed slightly in thin Easter holiday trading on Monday, adding to gains in recent weeks as optimism holds that a production freeze among major producers may be implemented. Brent crude f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-28 15:26
Taggar: day trading, oil, trading

Investor Sentiment Spooked by Fed Official Rhetoric


"Led by oil, commodity prices have dropped.  West Texas Intermediate crude oil dropped 2.5% to $38.81 per barrel after indications of rising U.S. inventories.  Comex gold edged 0.1% lower to..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-24 14:30
Taggar: gold, oil, share

Oil Weighs as Five Week Winning Streak Nears End


"European indices are expected to open around half a percentage point lower on Thursday, following in the footsteps of their U.S. and Asian counterparts which came under pressure on the back of oil?s s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-24 09:00
Taggar: market, oil, point, trading

US Crude Drops on Huge Crude Inventory Surplus


"US crude futures have lost ground on Wednesday, trading at $40.11 a barrel in the North American session. Brent crude futures are trading at $40.73. In economic news, Crude Oil Inventories rose 9.4 mi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 19:10
Taggar: home sales, oil, trading

Gold Falls After Strong USD Rises


"Gold prices are seeing strong selling pressure and hit a three-week low in morning U.S. trading Wednesday, as worldwide investor and trader risk appetite has up-ticked on this day. Also, the key ?outs..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 17:18
Taggar: bear, dollar, gold, market, oil, trading

Dow Industrials Becomes Active for this Year


"U.S. crude oil price is at $40 per barrel for the first time since December while other commodities also grow."

Blog: Forex Magnates
Tidsstämpel: 2016-03-23 16:58
Taggar: oil

NZD/USD ? Kiwi Slide Continues, Markets Eye NZ Trade Balance


"NZD/USD has posted considerable losses on Wednesday, as the pair trades at the 0.67 line early in the North American session. In economic news, US New Home Sales improved to 512 thousand, matching the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 16:14
Taggar: home sales, oil, trade balance

Oil Drops After API Says Market Will Be Oversupplied for Two Years


"Oil prices eased on Wednesday after figures from an industry group showed U.S. crude stockpiles rose last week by more than expected, reinforcing concerns that a global glut continues unabated. U.S. c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 15:55
Taggar: oil

SGD/USD ? Sing Slips on Weak Singapore CPI


"USD/SGD has posted considerable gains on Wednesday, as the pair trades at 1.3650 in the European session. In economic news, the Singapore Consumer Price Index posted a decline of 0.8%. In the US, toda..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 13:57
Taggar: cpi, home sales, oil, price index

USD/JPY ? Yen Posts Losses, Markets Eye US Housing Release


"USD/JPY has posted gains on Wednesday, continuing the trend that has marked the pair all week. The pair is trading at 112.70 in the European session. On the release front, it’s a quiet day. The..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 13:06
Taggar: bank, home sales, oil, trading

Russia Growing, Low Ruble Will Help: Deputy PM


"The Russian economy is adjusting to a new low oil price environment, the country’s deputy prime minister told CNBC on Wednesday, adding that a weak ruble will help it to export more to China and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-23 12:59
Taggar: economy, oil

Oil Trader Gunvor Reports Record Profits for 2015 Despite Lower Revenues


"Prolonged declines in oil prices didn't stop Gunvor from reporting record profits for 2015."

Blog: Forex Magnates
Tidsstämpel: 2016-03-22 23:48
Taggar: oil, profit, report

Could Global Stocks Run Out of Steam?


"Floating concerns regarding slowing growth, volatility in oil and decreasing corporate earnings projections."

Blog: Forex Magnates
Tidsstämpel: 2016-03-22 15:43
Taggar: oil, rate

OPEC?s Badri Hopes for Positive Producer Meeting in April, Says Iran Could Join Group Later


"Iran may join other oil producers planning to freeze production to support prices at a later date, OPEC’s secretary general said on Monday, since the country is seeking to raise its exports. Pro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-22 08:39
Taggar: oil

Will the Price of Oil Continue to Recover?


"The market needs an output cut and not a freeze to continue the recovery in oil prices. "

Blog: Forex Magnates
Tidsstämpel: 2016-03-21 22:35
Taggar: market, oil

Crude Oil Falls for Second Day as U.S. Rig Count Rises


"Crude oil slid for a second session on Monday, down more than 1 percent from last week’s 2016 highs on concerns over a supply glut after the U.S rig count rose for the first time since December..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-21 10:13
Taggar: oil

EURO drops on fears of future ECB interference


"The Japanese yen increased against the euro and other main currencies due to changes in oil prices."

Blog: Forex Magnates
Tidsstämpel: 2016-03-20 11:21
Taggar: currencies, oil

WTI Oil Extends Rise Above $40 Level


"West Texas Intermediate oil has climbed another 1.8% to $40.93 per barrel.  There has been a rebound of 56.6% since February 11 when oil touched its lowest level since May 2003. The rebound in oil has..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-18 16:54
Taggar: oil, share

TOCOM February Volumes Driven Up by Gold and Oil


"Volatility in Gold and Oil markets appear to have helped lift volumes."

Blog: Forex Magnates
Tidsstämpel: 2016-03-18 10:17
Taggar: gold, market, oil

Oil Ends Sharply Higher on Output Hopes, Dovish Fed


"Oil futures ended sharply higher Wednesday, boosted by a smaller-than-expected weekly climb in U.S. crude stockpiles. Plans for a meeting of major oil producers next month to discuss limiting output a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-17 09:32
Taggar: dollar, oil

USD/CAD ? Loonie Flying After Dovish FOMC and Oil Output Date Announced


"The Canadian dollar got a double boost from market events on Wednesday. The price of oil surged after lower U.S. crude inventories were announced and the Organization of the Petroleum Exporting Countr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-16 23:12
Taggar: dollar, market, oil

Fed Scales Back Rate-Rise Forecasts


"Federal Reserve officials held off from raising borrowing costs and scaled back forecasts for how high interest rates will rise this year, citing the potential impact from weaker global growth and fin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-16 20:31
Taggar: economy, financial, market, oil, rate

Production Freeze Summit Date Set for April 17 Boosts Oil Price


"Oil prices firmed on Wednesday on an announcement that producers will meet next month in Qatar to discuss a proposal to freeze output and on growing signs of a decline in U.S. crude production. Produc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-16 16:42
Taggar: announcement, oil

CAD Strengthens as the BOC Remains Neutral and Oil Rises


"Core inflation is on target and the oil price has started moving higher which bodes well for the resource exporting nation."

Blog: Forex Magnates
Tidsstämpel: 2016-03-16 09:52
Taggar: inflation, oil

India Targets $40bn of Untapped Oil and Gas


"India aims to attract $25bn of investment in natural gas and crude oil in the next few years with the help of sweeping reforms to its exploration and production rules announced last week. Dharmendra P..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-16 09:06
Taggar: investment, oil

Why American Stocks Might Drop Because of Oil and the Fed


"Investors are hedging their debt positions by decreasing oil prices."

Blog: Forex Magnates
Tidsstämpel: 2016-03-15 23:49
Taggar: hedging, oil

USD/CAD Loonie Weaker Ahead of FOMC After Oil Tumble


"Loonie’s high correlation to Oil price drags currency lower The USD has advanced 0.60 percent versus the CAD in the last 24 hours. The currency pair is trading at 1.3359. The drop in oil prices..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-15 22:10
Taggar: currency, currency pair, loonie, oil, trading

Fracking Made up 50% of US Oil Production in 2015


"Hydraulic fracturing accounts for about half of the crude-oil production in the U.S., the Energy Information Administration said in a report Tuesday. Hydraulic fracturing, also known as fracking, invo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-15 18:32
Taggar: oil, report

Oil Lower For Second Day After Oversupply Concerns


"Oil prices fell for a second day on Tuesday, as concerns emerged that a six-week rally may have fizzled after OPEC doused hopes for a speedy erosion of a global overhang of unwanted crude. The Organiz..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-15 18:08
Taggar: oil

Fresh Gloom Rekindles Risk Aversion


"The Bank of Japan did not augment policy stimulus but did downgrade exports and residential construction and also observed that expected inflation has slipped.  The yen advanced 0.7% against the dolla..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-15 17:30
Taggar: bank, dollar, inflation, oil

Saudi Arabia Keeps Oil Production Steady in February


"Saudi Arabia kept its crude oil production steady in February, pumping 10.22 million barrels per day (bpd), an industry source told Reuters on Monday, after the top oil exporter struck a preliminary d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-14 16:54
Taggar: oil

Oil Plunges After Iran To Join Output Freeze After Doubling Its Production


"Oil fell around 3 percent on Monday after Iran dashed hopes of a coordinated production freeze any time soon, returning bearish sentiment over a supply glut that has sent prices crashing. Global bench..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-14 16:42
Taggar: bear, oil, trading

Iran Set to Join Oil Freeze Talks After Output at 4 Mbpd: ISNA


"Oil Minister Bijan Zanganeh said Iran would join discussions between other producers about a possible freeze of oil production after its own output reached four million barrels per day (bpd), IranR..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-14 08:33
Taggar: oil, report

Fresh Appreciation for Latest ECB Actions Spurs Market Rally


"Share prices in Europe have rallied 3.1% in Germany, 4.4% in Italy, 3.3% in Spain, and 1.6% in Great Britain. Stock markets in the Pacific Rim closed up 0.3% in Australia, 0.5% in Japan, 0.2% in China..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-11 18:29
Taggar: market, oil, share

Low Oil? Norwegian Economy ?Rock Solid?: FinMin


"Norway is “rock solid”, the country’s finance minister told CNBC on Friday, stressing that while the oil-producing nation is affected by the drop in oil prices, it is still seeing gr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-11 14:17
Taggar: economy, finance, oil

Why the Worst Is Not Necessarily over for Oil: IEA


"While oil prices have “recovered remarkably” in recent weeks, this should not “be taken as a definitive sign that the worst is necessarily over,” the International Energy Agenc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-11 13:39
Taggar: oil, report

Oil Falls After Moscow Output Freeze Meeting in Doubt


"Oil prices extended losses on Thursday following a report a meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20. Sources famil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-10 17:20
Taggar: oil, report

Bank of Canada?s Overnight Money Rate Target Left at 0.50% at Second Planned Meeting of 2016


"For four and a third years from September 2010 until January 2015, Canada?s central bank interest rate had stayed at 1.0%.  The plunge in oil and other commodity prices for this commodity-intensi..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-09 19:59
Taggar: bank, economy, oil, point, rate

Oil Rises After US Crude Inventories Rise But Gasoline Stockpiles Drop


"Oil extended gains on Wednesday after government data showed a build in U.S. crude stockpiles in line with expectations and a big drop in gasoline inventories. The Energy Information Administration re..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-09 18:53
Taggar: oil, report

Higher Commodity Prices Provide Some Reassurance


"West Texas Intermediate crude oil rose 2.3% to $37.32 per barrel, setting a less risk averse tone for other markets. Gold fell back 1.0% to $1,249.20 per ounce. 10-year sovereign debt yields rebounded..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-09 18:24
Taggar: gold, market, oil, point

OPEC and Russia To Meet on March 20 to Talk Oil Output Freeze


"“The meeting in Moscow, expected to be held on March 20 between the largest oil producing countries inside and outside OPEC, will discuss a plan to freeze production level,” Deputy Oil Min..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-09 17:47
Taggar: oil, rate

AUD/USD ? Aussie Surge Continues, Tops 75


"The Australian dollar has posted strong gains on Wednesday, as AUD/USD trades at 0.7490 in the North American session. On the release front, Australian Westpac Consumer Sentiment posted a weak reading..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-09 17:15
Taggar: consumer sentiment, dollar, inflation, oil

USD/JPY ? Yen Rally Continues, 112 Under Pressure


"USD/JPY continues to lose ground this week, as the pair trades at the 113 line in Tuesday’s North American session. The yen has rallied, gaining about 150 points since Friday. On the release fro..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-09 12:35
Taggar: oil, point

USD/CAD Loonie Rises After Bank of Canada and Higher Oil Prices


"The Canadian dollar advanced versus the USD after the Bank of Canada announced the benchmark interest rate would remain unchanged at 0.50 percent. The USD/CAD traded below 1.33 as the loonie also got..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-09 01:07
Taggar: bank, dollar, loonie, oil, rate

Storm Brewing: World Banks Running Out of Policy Options


"Investors need to tread cautiously as crude oil prices and mounting debt threaten to convulse world markets."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 19:42
Taggar: market, oil

Brent Halts Gain Near $40 as Stockpiles Counter Freeze Proposal


" Brent oil halted gains above $40 a barrel as forecasts that U.S. stockpiles would remain at the most since 1930..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 06:56
Taggar: oil

Palm Oil Seen Extending Bull Run as El Nino Reduces Output


" Palm oil?s bull run has further to go as El Nino-induced dry weather curbs production in the world?s top growers.Nine..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 05:18
Taggar: bull, oil

China Crude Imports Hit Record as Price Crash Boosts Buying (1)


" China?s crude imports rose to a record as oil?s crash to the lowest in more than 12 years boosted..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 05:13
Taggar: oil

Old-School Ways Beating Oil Rout in Birthplace of Petroleum Age


" Charlie Fairbank, the great grandson of one of the world?s first oilmen, has turned to a century-old technology to..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 04:26
Taggar: bank, oil

Oil Holds Losses as U.S. Crude Supplies Expand Amid Global Glut


" Oil held losses near $36 a barrel as U.S. industry data showed crude stockpiles expanded amid a global glut.Futures..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 00:03
Taggar: oil

Russia?s Dilemma: Squeeze Oil Industry Without Strangling Growth


" While the world focuses on Russia?s oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin..."

Blog: Forex Magnates
Tidsstämpel: 2016-03-08 00:01
Taggar: oil

USD/CAD Loonie Advances in Tandem with Crude Gains


"West Texas and Brent Crude Advanced close to 5 Percent Boosting the CAD The Canadian dollar is benefiting from a high correlation to energy prices as the actions from some members of the Organization..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-07 23:26
Taggar: dollar, oil

Bank of Canada to Hold Awaiting Federal Budget


"The Canadian Central Bank is not Expected to Make Any Changes Ahead of the Federal Budget on March 22 The Canadian economy was able to endure the fall out from the 2008 credit crisis due to stable cru..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-07 22:49
Taggar: bank, economy, oil

Iranian Oil Lands in Europe After 4 Years of Sanctions


"The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in just 17 days, but its journey has been four years in the making. On Sunday, t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-07 16:20
Taggar: oil

USD/CAD ? Loonie Soars as NFP Wage Growth Disappoints


"The Canadian Dollar was Boosted by Strong Non Resource Exports as US Employment Falters The loonie had a positive week as it is trading at levels not seen since early December of last year. The price..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-04 23:12
Taggar: dollar, employment, loonie, oil, trading

USD/CAD ? Loonie Has Small Gains Awaiting US NFP


"Crude Oil is Stable as OPEC Summit Gains Traction with All Eyes on Friday’s NFP The Canadian dollar managed to end ahead of its U.S. counterpart on Thursday as the price of oil ended flat after..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-03 23:56
Taggar: dollar, oil, trading

World Food Prices Stable in February


"World food prices stabilized in February, as rising vegetable oil and meat prices offset declining cereal, sugar and dairy prices, the United Nations food agency said on Thursday. The Food and Agricul..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-03 17:58
Taggar: oil, point, price index

Gold Rises to $1240, ADP Nonfarm Payrolls Beats Expectations


"Gold has reversed directions and posted slight gains on Wednesday, recovering the losses from Tuesday’s session. The base metal is trading at a spot price of $1240.10 per ounce in the North Amer..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-02 19:50
Taggar: gold, oil, trading

Crude Oil Steady at $34, ADP Employment Report Climbs


"US crude futures have posted slight gains on Wednesday, trading at $34.30 a barrel in the North American session. Brent crude futures are trading at $36.86. On the economic front, ADP Nonfarm Payrolls..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-02 19:07
Taggar: oil, trading

Markets Tugged One Way by Oil and Another by Clarifying Super Tuesday Results


"West Texas Intermediate crude oil dropped back 2.1% to $33.67 per barrel, depressing U.S. stock futures.  Weekly U.S. oil inventories get reported today. Comex gold, the ultimate haven beneficiar..."

Blog: Currency Thoughts
Tidsstämpel: 2016-03-02 15:15
Taggar: gold, oil, report

Canada: GDP BY Industry, Dec. 2015


"Real gross domestic product grew 0.2% in December, after rising 0.3% in November. Manufacturing and wholesale trade increased in December, while retail trade, mining, quarrying and oil and gas extract..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-03-01 16:18
Taggar: finance, oil

USD/CAD ? Loonie Higher Awaits G20 Outcome


"The Canadian dollar has recovered from the lows suffered at the beginning of the year when the price of oil plummeted rapidly as a supply glut and record high production levels were announced. The res..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-26 23:26
Taggar: bank, dollar, economy, oil

Oil Rises After Producer Meeting Set for Mid March


"Oil futures extended gains Friday on hopes that major producers would agree to limit output and support prices. Brent crude , the global oil benchmark, rose $1.08, or 3%, to $36.78 a barrel on London?..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-26 17:22
Taggar: oil

Oil Rises After Strong Gasoline Demand in US


"Crude oil prices reversed early losses on Friday, with Brent on track for its first weekly gain in a month, as strong U.S. gasoline demand and hopes of OPEC action outweighed concerns over fundamental..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-26 17:13
Taggar: oil

USD/CAD ? Loonie Flies High After OPEC and Russia Meeting Details Emerge


"The Canadian dollar continues to be tied to the fate of energy prices. Oil got a boost from Venezuela and Russia’s oil ministers about a possible mid-March meeting to further discuss the output..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-25 00:13
Taggar: bank, dollar, oil, rate

USD/CAD ? Loonie Follows Oil Price Surge


"The U.S. dollar depreciated 0.539 percent versus the Canadian dollar in a the last 24 hours that saw the loonie follow the developments in the price of oil. The USD/CAD is trading at the day’s l..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-24 23:38
Taggar: dollar, loonie, oil, trading

Oil Rises After Inventory Data Shows Lower Gasoline Stocks


"Oil futures slightly pared losses as government data showed a much smaller build in U.S. crude inventories than an earlier industry report suggested. U.S. crude stocks rose last week while gasoline in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-24 18:07
Taggar: oil, report

Saudi Oil Minister Naimi: Oil Production Cuts Won?t Happen


"Saudi oil minister Ali Ibrahim Naimi said Tuesday producers will hopefully meet in March to negotiate an output freeze, but production cuts will not happen. Last week, Saudi Arabia, Russia, Qatar and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-24 06:25
Taggar: oil

Oil Price Drops After OPEC-Russia Agreement Will Not Reduce Production


"Saudi Arabia Says It Does Not Trust Producers to Cut Production Technological innovation in North America and record high levels of oil output around the world have combined with lower demand driving..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 23:59
Taggar: oil

Saudi Oil Minister Confirms Production Cuts not Coming


"Saudi oil minister Ali Ibrahim Naimi said Tuesday producers will hopefully meet in March to negotiate an output freeze, but production cuts will not happen. Last week, Saudi Arabia, Russia, Qatar and..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 18:48
Taggar: oil

Do Bond Traders Have The Fed Wrong?


"Traders see about a 48 percent chance the Fed will act this year, down from 93 percent on Jan. 1, futures show. A rout in stocks and oil led investors to abandon bets on higher rates, even after polic..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 18:12
Taggar: oil, rate

Japanese Finance Minister Aso Wants G20 to Respond to Turmoil


"Finance Minister Taro Aso said on Tuesday that Japan wants to seek a response to the global market turmoil stemming from risk aversion when the Group of 20 finance leaders meet in Shanghai this week..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 17:13
Taggar: finance, market, oil

UK Oil Industry Warns of Losses as Pumping Costs Around $52


"The future of Britain’s offshore oil industry hangs in the balance as losses mount and investment collapses. A new report by Oil & Gas UK predicts that 43% of British oil fields in the Nort..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 16:35
Taggar: investment, oil, report

Saudi Arabia Ponders If Production Cut Is The Only Option


"Saudi Arabia is coming under increasing pressure to implement oil production cuts. Last week Russia and Saudi Arabia announced a provisional plan to freeze oil production levels if other major produce..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 16:32
Taggar: oil

FX5: Risk-On Theme Abating As PBoC Resumes Weaker Yuan Fix


"Tuesday February 23: Five-things the markets are talking about After one day of trading for this week, the DJIA and S&P500 went into positive territory for the month of February. The indices were..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 13:41
Taggar: market, oil, trading

No Signs OPEC Production Cut Is Close at Hand


"An OPEC production cut does not appear close at hand, but the cartel is seemingly eager to participate in an effort to bring up oil prices. OPEC Secretary General Abdalla Salem El-Badri told CNBC on M..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 09:40
Taggar: oil

USD/CAD ? Loonie Falls After OPEC Dismisses Production Cut


"The Canadian dollar retreated on Tuesday after comments from Saudi oil minister Ali Ibrahim Naimi that the current agreement between Organization of the Petroleum Exporting Countries (OPEC) and Russia..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-23 01:01
Taggar: dollar, oil

OPEC is Willing to Cooperate With Other Producers


"Both OPEC and non-OPEC countries are willing to cooperate in order to find a solution to plunging oil prices, Abdalla Salem El-Badri said Monday at the annual IHS CERAWeek conference in Houston. OPEC&..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 22:51
Taggar: oil, rate

Oil Rises After US Shale Lower Output Prediction


"Oil prices rose 5 percent on Monday after the world’s oil consumer body said it expected U.S. shale production to fall this year and next, potentially reducing the glut in supplies that has driv..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:34
Taggar: market, oil

US Oil Officials Doubt Success of OPEC Freeze


"A senior U.S. energy official said he doubted the success of a proposal by OPEC and non-OPEC producers to freeze crude oil output in an oversupplied market and boost prices. Oil prices have crashed 70..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:33
Taggar: market, oil

Shale Bankruptcies to Hit Pipeline Operators


"Within weeks, two low-profile legal disputes may determine whether an unprecedented wave of bankruptcies expected to hit U.S. oil and gas producers this year will imperil the $500 billion pipeline sec..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:21
Taggar: bank, oil

IMF?s Lagarde Says Middle East Needs to Raise Taxes to Offset Oil Losses


"Middle East countries hit hard by the slump in the price of oil will have to raise taxes in order to recover and prosper, the head of the International Monetary Fund (IMF) believes. In a preview of a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:19
Taggar: oil

IEA Says US Will Lead Oil Production Gains


"The U.S. will lead the world in oil production increases by 2021 in spite of the country taking the taking the “biggest hit for now,” the International Energy Agency (IEA) said on Monday..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:13
Taggar: market, oil, report

Oil Industry Capital Expenditure is at a 30 Year Low


"The oil price crash has squeezed investment in the industry to the weakest levels in 30 years. Capital expenditure on global oil exploration and production is expected to fall 17% in 2016, following a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-22 17:12
Taggar: investment, oil

Week Ahead in FX: Oil and G20 to Guide FX Market


"Oil Volatility, Central Bank Comments and G20 to Spark Global Cooperation The USD had mixed results versus major pairs during the past week. The greenback advanced against the EUR, GBP and CHF but the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-19 23:26
Taggar: bank, oil

Friday Down-Note to End an Up Week


"Stock markets and sovereign debt yields overnight followed oil lower. West Texas Intermediate crude oil fell 1.8% to $30.23 per barrel. Ten-year British gilts, German bunds, and Japanese JGB yields dr..."

Blog: Currency Thoughts
Tidsstämpel: 2016-02-19 14:50
Taggar: market, oil, point, share

CPI Eyed as Inflation Continues to Elude the US


"U.S. futures are pointing to a relatively unchanged open on Friday, after indices ended a three day winning streak on Thursday with minor losses. We?re seeing similar losses already in Europe this mor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-19 13:51
Taggar: market, oil, point

Europe Seen Only Marginally Higher as Oil Weighs


"European markets are expected to open marginally higher on Friday to round off what has so far been a very good week for equities. I think a number of factors have contributed to this week?s strong pe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-19 09:18
Taggar: margin, market, oil

USD/CAD ? Loonie Ends Lower After Low Retail Sales and USD Comeback


"USD/CAD – Loonie Ends Week Lower After Low Retail Sales and USD Comeback The Canadian dollar had a week of up and downs heavy correlated to the price of crude. The Organization of the Petroleum..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-19 00:08
Taggar: dollar, loonie, oil, retail sales

USD/CAD ? Loonie Retreats After OECD Growth Forecast Cut


"The loonie gave back some of the gains from Wednesday as the price of energy remains volatile. The aftermath of the release of the dovish minutes from the FOMC and comments from Iran supporting the Or..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-18 23:12
Taggar: loonie, oil

Gold Slightly Higher, Markets Eye CPI Report


"Gold has posted slight gains on Thursday, as the metal trades at $1217.44 an ounce in the North American session. On the release front, US indicators were mixed. The Philly Fed Manufacturing Index cam..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-18 19:10
Taggar: employment, gold, indicators, oil, point

OECD Cuts Canada?s Growth to 1.4% in 2016


"The Organization for Economic Co-operation and Development is taking a markedly dimmer view of Canada?s economy, though its latest forecast is far more upbeat than some other projections. The OECD now..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-18 18:34
Taggar: economy, oil

US Crude Steady, Crude Inventories Increase


"US crude is showing slight movement on Thursday, as March futures trade at $30.78 in the North American session. Brent crude futures are trading quietly at $34.40. On the release front, the Philly Fed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-18 18:27
Taggar: employment, oil, point, trading

Hawk Bullard Calls Raising Rates Unwise


"St. Louis Fed leader cites declining inflation expectations Asset-price bubbles aren’t a worry amid turmoil, he adds Federal Reserve Bank of St. Louis President James Bullard said recent financi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-18 16:30
Taggar: bank, bull, financial, inflation, market, oil, rate

The Year is Still Young, Yet Already Full of Surprise


"The first eighth of 2016 was eventful.  The surprises are not limited to China and other developing economies, either. Financial markets have been very volatile.  Although near the middle of..."

Blog: Currency Thoughts
Tidsstämpel: 2016-02-17 22:40
Taggar: financial, gold, market, oil

US Stock Market Climb After Oil Gains


"Wall Street markets opened higher on Wednesday, led by gains in energy stocks as oil prices rose. The Dow Jones climbed 36.86 points, or 0.85%, to 16,333.27, in the first few minutes of trading. The S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-17 20:07
Taggar: market, oil, point, trading

Iran To Resist Curbs On Oil Output Today


"Iran said on Wednesday it would resist any plan to restrain its oil output as fellow OPEC ministers tried to persuade the country to join the first global oil pact in 15 years. Talks in Tehran between..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-17 16:21
Taggar: oil

Wednesday: 5 Things The Markets Are Talking About


"Some investors, traders and dealers continue to be at odds with the recent Russian/Middle-East oil deal. The overnight Asian session tried to disown the deal, while this morning’s Euro session s..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-17 13:50
Taggar: currencies, oil, share, shares

Gold Rebounds on Tuesday


"Spot gold rose on Tuesday after two days of losses, recovering from an early dive below $1,200 an ounce, as a retreat in stock markets from earlier highs boosted interest in the metal as a haven from..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 18:58
Taggar: gold, market, oil, share, shares

Oil Falls After Market Underwhelmed by Output Agreement


"Oil prices traded fell on Tuesday after top producers Russia and Saudi Arabia dashed expectations of an outright supply cut by agreeing only to freeze output at January levels if other big exporters j..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 18:38
Taggar: oil

China?s Oil Imports Fall 20% in January


"China’s crude oil imports fell 20 percent in January from record high volumes the previous month to their lowest level since October, official customs data showed on Monday. January crude oil im..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 18:18
Taggar: oil

China is Not Out of Currency Intervention Options


"China is in the midst of a high-wire balancing act over the yuan. The currency plunged against the dollar at the start of this year, fueling turmoil in markets around the world. But it has recently cl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 18:11
Taggar: currency, dollar, market, oil

Despite OPEC Russia Deal Iran Still Contingent on Iran


"Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in – a major sticking point with Iran absent from..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 17:42
Taggar: oil, point

ZEW Indicator of Economic Sentiment ? Economic Outlook Continues to Deteriorate


"The ZEW Indicator of Economic Sentiment for Germany has declined for the second consecutive time in February 2016. The index has decreased by 9.2 points compared to the previous month, now standing at..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 13:31
Taggar: economy, oil, point

Norway?s Economy Flounders On Oil Rout


"Mainland GDP grew 0.1% in fourth quarter, according to SSB Recession `absolutley a risk’ as oil remains low: Nordea Norway?s economy barely expanded in the fourth quarter as consumer spending he..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 13:26
Taggar: economy, oil

Oil Rallies as Ministers Meet to Discuss Output


"Oil is trading higher again this morning following reports that Saudi Arabia?s oil minister will meet with his Russian counterpart in Doha today, along with ministers from Qatar and Venezuela, to disc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 09:57
Taggar: oil, rate, report, trading

USD/CAD Loonie Lower After Renewed Oil Tumble


"Canadian markets were back online and the loonie did not fare well agains the big dollar as oil fell following the announcement of an oil deal between Russia and some members of the Organization of th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-16 00:27
Taggar: announcement, dollar, loonie, market, oil

Week Ahead in FX Oil and Stock Market Volatility to Drive Market


"Yellen Testimonies Make March Rate Hike Unlikely as OPEC Comment Stops Oil Decline The week from February 5 to 12 was defined by a flight to safe havens. The biggest winners versus the USD were the JP..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-12 23:21
Taggar: oil, rate

China Must Manage Debt Bubble to Avoid New Global Financial Crisis


"Among the many uncertainties that have spooked stock markets in early 2016 ? from power rivalries in the Middle East to Europe’s unabated refugee crisis ? the most unsettling has been the slowdo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-12 16:14
Taggar: market, oil

?Concerns? About Markets, Banks Sell-Off: Dijsselbloem


"The turmoil hitting the markets and sharp plunge in banking stocks is sparking concern among the euro zone’s finance ministers but the president of the group told CNBC that there was no immediat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-12 15:09
Taggar: bank, finance, financial, market, oil

US Consumer in Focus as Markets Rebound


"We?re seeing a decent rebound in the markets on Friday as strong gains in oil provides a timely boost to what has been a rather gloomy week. While the gains are welcome, I?m not convinced at this stag..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-12 14:20
Taggar: market, oil

Asia?s Rich Advised To Buy Yen


"Money managers for Asia?s wealthy families are favoring the yen as it benefits from the turmoil in global financial markets. Credit Suisse Group AG is advising its private-banking clients to buy the y..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-12 12:39
Taggar: bank, currency, dollar, financial, market, oil

USD/CAD ? Loonie Rises After OPEC Cooperation Comment


"The USD/CAD had been caught in a range between 1.3990 and 1.3950 with the loonie fighting to stay below the 1.40 price level. The price of oil suddenly depreciated at 2:30 pm which is when a shocking..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 23:22
Taggar: loonie, oil, rate

Oil Futures Jump After OPEC Cooperation Comment


"Oil futures rebounded Thursday afternoon after The Wall Street Journal reported OPEC members might be ready to cooperate on a cut, citing UAE Energy Minister Suhail bin Mohammed al-Mazrouei. U.S. West..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 22:39
Taggar: oil, rate, report

67 US Shale Companies Declared Bankruptcy in 2015


"Bankruptcy filings are flying in the American oil patch. At least 67 U.S. oil and natural gas companies filed for bankruptcy in 2015, according to consulting firm Gavin/Solmonese. That represents a 37..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 19:54
Taggar: bank, oil

?I Hate to Say? Selling Going to Continue: Gartman


"U.S. stock futures and oil prices were tanking again Thursday morning, and closely followed market watcher Dennis Gartman said he believes the selling is going to persist. “I don’t think t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 15:46
Taggar: market, oil

Oil Drop Renews Market Sell Off


"The dramatic crash in oil prices has returned with a vengeance. U.S. crude futures dropped 3% Thursday, driving prices below $27 for the second time in recent weeks. Before this year, oil prices hadn&..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 14:20
Taggar: financial, market, oil, profit, spread

SNB Chairman Says Rates Could Go Deeper into Negative Territory


"The Swiss National Bank could push interest rates deeper into negative territory, Chairman Thomas Jordan said in a magazine interview, warning that turmoil in Europe could revive the franc’s tra..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 14:14
Taggar: bank, currency, oil, rate

Market Fears Grown On Yen Intervention Threat


"Yellen: Monetary policy not on a “pre-set” course Yellen: Could delay (not abandon) planned rate increases due to turmoil Yen value a concern for Abenomics? BoJ’s efforts to avoid a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-11 13:46
Taggar: dollar, financial, oil, rate

Russia Predicts Shale Oil Will Decline After 2020 Peak


"Shale oil production in the United States will decline in the long-term and reach its peak by 2020, the head of Russian state-run oil company Rosneft said on Wednesday. “Shale oil production has..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:59
Taggar: oil

Oil Options Jump As Traders Seek Protection From Volatility


"Oil traders have scrambled to scoop up options as additional protection against wild swings in prices, sending a key index to its highest level since the worst of the global economic crisis in 2008, d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:54
Taggar: oil

OPEC Forecasts Higher Supply in 2016


"OPEC pointed to a larger oil supply surplus on the world market this year than previously thought as Saudi Arabia and other members pump more oil, helping to make up for losses in non-member producers..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:53
Taggar: market, oil, point, report

Tokyo Stocks Fell 500 Points as Rout Continues


"The Nikkei Average of 225 selected issues at the Tokyo Stock Exchange (TSE) plummeted on Feb. 10 as growing concerns about the prospects of the world economy and plunging oil prices triggered sell-off..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:48
Taggar: economy, oil, point

Norway Looks to Diversify Away from Oil


"Looking out across the Oslo fjord, with its islands and sandy beaches, it is easy to forget that the Norwegian economy is in difficulty. As oil prices have collapsed, it’s become clear that Norw..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:21
Taggar: economy, oil

OPEC Cuts non OPEC Oil Production Output for 2016


"Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production levels. According to the latest monthl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:16
Taggar: oil, report

BP Predicts $100 Oil


"BP has predicted a bright future for the oil and gas industry with crude prices spiking at $100 a barrel again, huge increases in shale output and new production from Canadian tar sands. The British o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-10 18:08
Taggar: oil

Oil Price Lower as IEA Comments Drive Price Down


"Oil prices eased on Tuesday, dragged lower by a broad decline across major financial markets and by a growing expectation that global demand will not grow quickly enough to erase the overhang of unwan..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-09 17:08
Taggar: financial, market, oil

International Energy Agency Says Oil Price to Stay in Current Levels


"The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Ag..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-09 17:00
Taggar: oil

Yen Safe Haven Flows Dominate Sessions


"Global financial turmoil continues to influence safe-haven flows and stall the mighty USD’s 18-month climb. Global growth fears have fixed income dealers looking for clues on the FOMC’s po..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-09 14:02
Taggar: financial, market, oil, rate

USD/CAD ? Loonie Decouples from Oil Price Fall


"The loonie was not dragged down by a tumble in oil prices and managed to eke out gains after the Canadian and U.S. bond yield spreads narrowed due to the softness of the big dollar. The USD was being..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-09 00:35
Taggar: dollar, loonie, oil, spread

Three Thoughts


"On U.S. Politics: Beware the role of the party spoiler.  The 2000 presidential election result hinged on the Florida vote and Supreme Court interpretation of that state’s ballot.  Fewe..."

Blog: Currency Thoughts
Tidsstämpel: 2016-02-08 23:06
Taggar: oil, rate

USD Drops As Safe Havens Rise


"The dollar tumbled Monday to its weakest level against the yen since late 2014, as plunging oil prices dragged global stocks lower and helped to support haven assets like the Japanese currency and U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-08 21:20
Taggar: currency, dollar, dollar trade, oil

China?s Fuel Exports Rise as India?s Slow Down


"One of the dominant themes in Asia’s oil products markets is the rise of Chinese fuel exports, so much so that the decline in shipments from India barely gets mentioned. India has in recent year..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-08 21:16
Taggar: market, oil

Oil Price Boosts Japan?s Surplus in 2015


"Japan’s current account surplus grew more than six-fold in 2015 from the previous year to 16.64 trillion yen ($142 billion), boosted by a plunge in crude oil imports and a travel surplus amid th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-08 20:38
Taggar: oil

Oil Drops 2% After Supply Concerns Remain


"Crude oil prices fell 2 percent on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting on Sunday showed few signs of coordination to boost prices. Global benchmark Brent futures we..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-08 20:18
Taggar: oil

Monday: 5 Things The Markets Are Talking About


"Stocks tumble, oil falls and there’s a flight to safety in bonds. Here are some of the things people in markets are talking about today. 1. Stocks tumble Stocks in Europe have tumbled to their l..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-08 16:05
Taggar: market, oil

Commodities and European Stocks Rocked by More Selling Pressure


"West Texas Intermediate oil fell 2% overnight to $30.20 per barrel.  Copper lost 2.6%, platinum plunged over 8.0%, and nickel hit a 12+ year low. Share prices in Europe are down 7.3% in Greece, 2..."

Blog: Currency Thoughts
Tidsstämpel: 2016-02-08 15:07
Taggar: oil, share

Thursday: 5 Things The Markets Are Talking About


"Credit Suisse shares plunge, oil’s wild ride and it’s Bank of England decision day. Here are some of the things people in markets are talking about today. 1. Credit Suisse plunge Shares in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-04 14:31
Taggar: bank, market, oil, share, shares

USD/CAD ? Loonie Rises as US Data Takes Down USD


"Disappointing Data Questions Fed Decision to Hike as USD Tumbles The loonie is rising today thanks in no small part to two factors. The softer ISM Non-manufacturing data has slowed down and missed exp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-03 23:02
Taggar: loonie, oil, point

Oil Rises on Russia?s Non-committal Comments on OPEC Cooperation


"Oil rose on Wednesday, paring earlier losses after Russia reiterated its openness to talking with OPEC about output cuts, which helped revive hope among investors that the world’s largest produc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-03 17:19
Taggar: oil, rate

USD/CAD ? Loonie Under Pressure as Oil Tumbles


"Mondays CAD decoupling from the price of oil proved to be a mirage. With both West Texas and Brent crude falling by more than 4 percent the Loonie lost ground versus the USD in the Tuesday trading ses..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 21:33
Taggar: day trading, loonie, oil, trading

More Monetary Policy Easing Expected Around the World


"Global interest rates are likely to go even lower before they rise as financial market volatility and the specter of deflation raise fresh doubts about central banks’ ability to fulfill their ma..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 20:31
Taggar: bank, currency, financial, market, oil, rate

Madeleine Albright Predicts the Saudis Won?t Rise Oil Prices


"Oil is extremely cheap right now. Saudi Arabia could change that, but former U.S. Secretary of State Madeleine Albright predicts the Saudis won’t act to hike prices. “It’s very hard..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 19:54
Taggar: oil

IMF?s Lagarde Says Low Oil Keeps Her Up at Night


"Christine Lagarde is having some trouble sleeping at night. The head of the International Monetary Fund said “quite a few countries” are keeping her awake lately, but at the top of the lis..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 17:52
Taggar: oil

Putin Says No Fire Sale on State Companies


"As Russia’s recession drags on thanks to the slumping oil price, sanctions and capital outflows, there has been widespread talk that the Russian state could sell off stakes in state companies to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 17:11
Taggar: oil, spread

BP to Cut Jobs After Poor Results


"More bad news for oil investors and workers: BP is cutting thousands of jobs after it sank to a huge loss in 2015. The company posted an annual loss of $5.2 billion, compared with a profit of $8.1 bil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 17:10
Taggar: oil, profit

Low Oil Prices Threaten Global Growth


"For the last 75 years, almost every economic crisis has been preceded by an oil price spike. The worry now is that low energy prices are pushing the global economy into a tailspin. While the idea is c..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-02 17:07
Taggar: economy, oil, share

USD/CAD ? Loonie Higher After USD Stumbles


"The Canadian dollar broke away from the heavy correlation it had exhibited earlier in the year with falling oil prices. Oil was on a downward trend as the Organization of the Petroleum Exporting Count..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-01 23:51
Taggar: dollar, oil

Saudi Arabia Wants Full Cooperation in Oil Agreement Says Newspaper


"Saudi Arabia is ready to manage the oil market under the condition that “everybody must cooperate”, from OPEC members to other oil producers outside the exporting group, the Saudi-owned al..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-01 17:57
Taggar: market, oil, rate

Oil Falls After Weak Chinese PMI and no OPEC Meeting


"Oil fell as much as 4 percent on Monday as weak economic data from China, the world’s largest energy consumer, weighed on prices and an OPEC source played down talk of an emergency meeting to st..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-01 17:38
Taggar: oil

OPEC ? non-OPEC Meeting Not Arranged Yet


"OPEC and non-OPEC countries have not yet agreed to hold a meeting to discuss action to support oil prices, two OPEC delegates said on Monday, nearly a week after Russian officials said Moscow should t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-01 17:36
Taggar: oil

Reuters Polls Shows US Consumers Are Saving More Despite Oil Price


"U.S. consumers are cautious about spending their windfall from cheap gasoline and are saving more, according to a Reuters/Ipsos poll and official data, suggesting low oil prices are less of a boon for..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-02-01 17:35
Taggar: economy, oil

January in Figures


"January 2016 was an extremely volatile month in world financial markets.  Oil set the tone, with West Texas Intermediate crude plunging almost 31% in the first three weeks to a low of $26.19 before tr..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-30 17:35
Taggar: financial, market, oil

Russia Holds Key Rate at 11% as Economy Lags


"Russia’s central bank kept interest rates steady on Friday, as expected after a month that saw oil prices sink and the ruble drop to record lows. January marked a difficult month for the Russian..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-29 13:18
Taggar: bank, currency, economy, oil, rate

USD/CAD Loonie Caught between OPEC-Russia Deal and Oil Supply Glut


"The Canadian dollar had a net positive day on Thursday with oil prices again dictating the fate of the loonie. Talks of cooperation between theOrganization of the Petroleum Exporting Countries (OPEC)..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 23:01
Taggar: dollar, loonie, oil, rate

Oil Volatility Climbs to 2009 Levels


"Oil price volatility has climbed to its highest since 2009 as traders try to price in an uncertain supply outlook after Russia hinted it was open to coordinating output with OPEC just as Iran lifts ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:51
Taggar: oil

Russia Says Nothing Tangible on Oil Cooperation


"The Kremlin said on Thursday that the situation on oil markets was being actively discussed among producers, but that there was “nothing to talk about in a tangible sense” when it came to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:50
Taggar: market, oil

Iran Says Russia Has Not Contacted Them About Production


"OPEC oil producer Iran has not been contacted by Russia about cuts in output to bolster oil prices, Iranian Oil Minister Bijan Namdar Zanganeh said at a Franco-Iranian summit on Thursday. Russian offi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:49
Taggar: oil

Iran Will Try to Recapture 2nd Spot Behind Saudi Arabia


"Iran, boosting oil exports after the lifting of sanctions, is talking of a need to recoup its market share, making the OPEC member a challenge to any deal among producers to fix a supply glut, OPEC so..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:47
Taggar: market, oil, share

Oil Breaks Above $35 as OPEC Russia Cooperation Chatter Continues


"Oil surged as much as 8 percent to above $35 per barrel on Thursday, hitting a three-week high and bouncing sharply away from a 12-year low set this month, as expectations built that major producers m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:46
Taggar: oil, rate

Oil Prices Rise as Russia OPEC Deal in Focus


"The market is seeing early signs of an oil price bottom as Saudi Arabia and Russia begin to feel the pressure stemming from the glut, Petrie Partners chairman Tom Petrie said Thursday. Oil prices rall..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 17:32
Taggar: market, oil, rate

US Durable Goods Fall By Most In 10 Months


"Orders for business equipment fell in December by the most in 10 months, a sign U.S. companies were slashing capital investment even before the turmoil in global financial markets. Bookings for non-mi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 16:57
Taggar: financial, investment, market, oil, report

Oil Proxy CAD Gets A Lift On Russian Comments


"Crude market caught short after Russian comments Loonie breaks psychological C$1.40 handle with ease Russian oil minister Novak is crossing on the wires and discussing the proposed OPEC/Non-OPEC meeti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 16:37
Taggar: loonie, market, oil

US Futures Recover as Oil Extends Gains


"US futures are pointing to a more positive open on Thursday, driven primarily by gains in oil which has been a key driver of equity markets as of late. WTI crude is currently trading around 1% higher..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 14:23
Taggar: market, oil, point, report, trading

FED And RBNZ Done, Now Focus On BoJ


"Global indices trade mixed as investors continue to digest yesterday’s Federal Open Market Committee (FOMC) policy statement while preparing for tomorrow’s Bank of Japan (BoJ) announcement..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-28 14:04
Taggar: announcement, bank, market, oil

Gold in Holding Pattern Ahead of FOMC Statement


"Gold is steady on Wednesday, trading at $1116.58 an ounce in the North American session. On the release front, US News Home Sales surged to 544 thousand, well above expectations. Crude Oil Inventories..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 19:00
Taggar: gold, home sales, oil, trading

Gold in Holding Pattern Ahead of FOMC Statement


"Gold is steady on Wednesday, trading at $1116.58 an ounce in the North American session. On the release front, US News Home Sales surged to 544 thousand, well above expectations. Crude Oil Inventories..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 19:00
Taggar: gold, home sales, oil, trading

Crude Oil Choppy as Markets Eye Fed Statement


"US crude is choppy on Wednesday, as crude futures are trading at $31.41 a barrel in the North American session. In economic news, US News Home Sales surged to 544 thousand, well above expectations. Cr..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 18:31
Taggar: home sales, oil, trading

USD Weaker Ahead of FOMC


"The dollar weakened against the euro and a host of resource-linked currencies Wednesday as investors waited to scrutinize an updated policy statement from the Federal Reserve. The overall market mood..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 18:07
Taggar: bank, currencies, dollar, market, oil, rate

OPEC Russia Cooperation Still In Doubt


"OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut and boost prices, but it is too early to say whether the attempt will work, OPEC sources said..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 18:05
Taggar: oil

Oil Trading House Says Crude Price Near Readjustment


"Oil markets might be nearing readjustment as the pain for producers becomes overwhelming with some grades selling at below cost and products such as fuel oil fetching almost nothing, one of the bigges..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 18:04
Taggar: market, oil

US Shale Producers Need 20% Rise in Oil to Turn Profit


"Three major U.S. shale oil companies have slashed their 2016 capital spending plans more than expected in a bid to survive $30 a barrel oil prices, with one of them saying prices would need to rise mo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 18:03
Taggar: oil, profit

Iranian Oil Still Facing Legal Issues


"Major oil firms and trade houses are gradually resuming energy trading with Iran but efforts remain very cautious and often face huge legal obstacles, meaning a post-sanctions return to full-scale act..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 17:50
Taggar: oil, trading

Europe Flat as Oil Drags, FOMC Decision Eyed


"European futures are currently trading relatively flat ahead of the open on Wednesday, with small losses in Brent crude weighing early in the session. Meanwhile, another volatile session in China over..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-27 09:22
Taggar: oil, trading

Fed Dovish Statement Expected After December Hike


"Global Economic conditions have deteriorated in 2016 making the projected 4 Fed rate hikes a unlikely scenario The U.S. Federal Reserve delivered the much-awaited first rate hike to start a tightening..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 23:44
Taggar: indicators, market, oil, rate

OANDA MP ? Oil Rebound Sparks Revival (Video)


"Tuesday’s oil rebound has provided a big boost to commodity currencies and indices alike on Tuesday. Senior Market Analyst Craig Erlam takes a look at some of these charts and gives his analysis..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 20:05
Taggar: analysis, currencies, gold, market, oil

Crude Posts Gains, US Consumer Confidences Shines


"US Crude has reversed directions and moved higher on Tuesday, as futures for March delivery trade at to $31.26 a barrel in the North American session. In economic news, CB Consumer Confidence climbed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 18:35
Taggar: consumer confidence, oil, point, rate

Cooperation Between OPEC and Russia Driving Oil Higher


"Crude-oil futures erased sharp losses and turned higher on Tuesday on the back of hopes OPEC and producers outside the cartel could reach an agreement to cut output to stem the persistent slump in oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:18
Taggar: oil

USD Rises Versus Majors as Oil Rebounds


"The dollar edged higher against its main rivals Tuesday as crude oil prices rebounded, modestly diminishing investors? appetite for haven currencies like the Japanese yen and the euro. The dollar  ros..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:18
Taggar: currencies, dollar, oil

Hedge Funds Reduced Short Oil Positions Early Last Week


"Hedge funds had covered only a small part of their record short position in crude oil by early last week, but it was still enough to send prices surging more than $6 higher over the course of Thursday..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:16
Taggar: oil, short position

Saudi Arabia Investment Trumps OPEC-Russia Cooperation Chatter


"Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia signaled its resolve to a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:13
Taggar: market, oil

China Imports 67% More Gold from Hong Kong in December


"China?s imports of gold from Hong Kong surged 67 percent to the highest level in more than two years in December as stock market turmoil and anticipation of a further weakening in the nation?s currenc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:12
Taggar: currency, gold, market, oil

Russian Economy Shrinks 3.7% in 2015


"Russia’s economy shrank 3.7 percent in 2015, the worst drop since the depths of the global financial crisis, as the country struggled with a drop in the price of its oil exports and internationa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:09
Taggar: economy, financial, oil

Armco Chairman Says IPO Drive is Openness to Outside Investors


"The chairman of Saudi Arabia’s state oil giant said on Monday that plans for a possible initial public offering are not being driven by a need for cash amid a global slump in oil prices, but ins..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:08
Taggar: investment, oil

BoE Forbes Say Hikes Will Come After Wages Rise


"The beginning of the tightening cycle in the UK should come once the wage growth and the unit labor costs begin to increase to such a level that their strength is enough to offset cheap oil, and is co..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:04
Taggar: cpi, inflation, oil

Factors Keeping US Shale Producers in Business


"The resilience of U.S. oil production has been fueled by a number of factors. First, the cost of drilling keeps getting cheaper thanks to technological innovations made by shale companies and price cu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 17:01
Taggar: oil

Oil Deal Chatter Adds Volatility to Commodity


"Oil stabilized above $30 a barrel on Tuesday, lifted by hopes that OPEC and non-OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades. The Organization of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 16:58
Taggar: oil

China Petroleum Says Chinese Demand to Grow 4.3% in 2016


"hina’s oil demand will grow 4.3 percent this year to surpass 11 million barrels per day, compared to 4.8 percent growth last year, the country’s top energy group forecast on Tuesday. State..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 16:51
Taggar: oil

Oil Rebounds but Market Remains Cautious


"There appears to be a lot of caution in the market on Tuesday, which is not entirely surprising given yet another late sell-off in China overnight and the upcoming FOMC decision and statement on Wedne..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 15:02
Taggar: market, oil

Oil remains the dominant theme as prices fall back below $30


"It’s the same story, but a different day. The direction of crude oil prices continues to drive capital markets. The black stuff is on the cusp of relinquishing the latter half of last week’..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 13:54
Taggar: announcement, market, oil, report

Why Iran Is a Problem for the Oil Market


"An Iranian oil tanker, moored at the port of Assaluyeh for more than a year, set sail for South Korea last week, heralding a new period of uncertainty for world crude prices. The global oil market, al..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 10:25
Taggar: market, oil

Oil Price Plunge Isn?t All Good News for the Economy


"The recent plunge in oil prices should be ? mostly ? good for the U.S. economy. Cheaper fuel brings big savings for consumers and businesses ? several hundred billion dollars since prices crashed from..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 10:13
Taggar: dollar, economy, oil

China Stocks Close down 6.4% amid Oil Rout, Fed-Ticipation


"Mainland equities sold off sharply in the final hour of trade on Tuesday, leading the losses in Asia, amid a renewed selloff in oil and caution ahead of the Federal Reserve’s monetary policy dec..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 09:53
Taggar: oil

USD/CAD ? Loonie Gets Shot in Arm from Rising Oil Prices


"The Canadian dollar recovered from yesterday’s losses as it was boosted by the rising price of crude. The rumours of a possible cooperation between Russia and the OPEC have appreciated the price..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-26 00:31
Taggar: dollar, indicators, oil

USD/CAD ? Loonie Joined at the Hip to Volatile Oil


"The Canadian currency was quick to give back the gains from last week as the price of oil tumbled below $30 during the European session. Comments from the Organization of the Petroleum Exporting Count..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 23:55
Taggar: currency, market, oil

$30 Oil is Above Breakeven for Russia


"Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia signaled its resolve to a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 22:24
Taggar: market, oil

OPEC Says Oil Market Rebalancing


"OPEC officials said on Monday the oil market was poised to start rebalancing itself after prices sank to their lowest since 2003, a sign the exporter group will stick to its policy of not cutting supp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 19:43
Taggar: market, oil

Saudi Arabia Maintains Oil Investment Uncut


"National oil giant Saudi Aramco is continuing to invest in oil and gas production capacity despite cost-cutting due to low oil prices, its chairman Khalid al-Falih said on Monday. Aramco’s plans..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 19:28
Taggar: financial, oil

UBS Head of Commodities Says Oil Could Recover 30% in 2016


"The risk of lower commodity prices in the first half of this year continues to loom as most commodity markets are still in a supply surplus, suggesting things will get worse before they get better. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 19:27
Taggar: market, oil

Citi Says Oil and Stock Market Correlation Unwarranted


"As oil prices tumble, stocks have followed. The relationship between crude and stocks, which has taken center stage in this tumultuous new year, is “unwarranted,” Citi chief U.S. equity st..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 19:21
Taggar: market, oil, rate

Crude Oil Dips On Oversupply Jitters


"US Crude has started the new trading week with losses, day, as US oil futures trade at to $31.18 a barrel in the North American session. There are no US releases on Monday, so traders will have to do..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 18:30
Taggar: consumer confidence, oil, trading

Russian GDP Shrinks 3.7% as Oil Slump Continues


"Consumer demand and capital investment in Russia declined in 2015, sending the economy into recession, official data showed Monday. As two of the economy’s key drivers fell, Russia’s gross..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 13:41
Taggar: economy, investment, oil, retail sales

Oil Falls 3 Percent on Swelling Oversupply


"Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily rallies..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-25 12:42
Taggar: market, oil

USD/CAD Loonie Surges After Oil Recovers on Demand Optimism


"Central bank rhetoric and cold weather boosted crude prices benefiting the CAD The loonie will finish the week of January 25 on a strong note versus major pairs. Boosted by the recovery of oil prices..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-22 23:50
Taggar: bank, currency, dollar, indicators, loonie, oil

Belief that Oil Prices Have Bottomed Grabs Market


"In this early year of extreme market volatility, movements in oil — mostly downward until now — have dictated the tone in stocks, bonds, currencies and other commodities each day. From as..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-22 16:03
Taggar: currencies, market, oil

Saudi Arabia Says $30 Oil Is ?Irrational?


"Saudi Arabia has described the collapse in oil prices to below $30 as “irrational” and expects the market to recover in 2016 even as the country continues to keep production high. Khalid a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-22 10:11
Taggar: market, oil

Oil Has ?Definitely? Bottomed: Vedanta Resources


"As crude oil prices rally back above $30 per barrel, the chairman of India’s Vedanta Resources told CNBC that the only way for the commodity was up. “Definitely we are at the bottom, but i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-22 10:05
Taggar: oil

USD/CAD Loonie Soars as Oil Rebounds


"The USD/CAD lost 1.52 percent in the last 24 hours. The recovery of the price of oil boosted the loonie versus the dollar. The move is not considered to be a permanent trend as downside risks remain f..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 23:28
Taggar: bank, currency, dollar, loonie, oil

Saudia Arabia Does Not Blink Will Not Cut Oil Production


"If you are waiting for Saudi Arabia to save the oil market, don’t hold your breath. The country will not cut production and give up its market share in order to prop up prices, the chairman of S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 22:27
Taggar: market, oil, share

Iranian Oil Still Fighting Legal Issues to Start Flowing


"European companies and trading houses are not rushing to buy Iranian oil because of legal uncertainties over the lifting of sanctions that are likely to take weeks to clarify. A lack of dollar clearin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 20:18
Taggar: bank, dollar, oil, trading

Iraq Continues Record Oil Production Despite Iran?s Reentry


"Iraq?s plan to increase oil output this year will go ahead, with exports running in January at a record level and unaffected by Iran?s return to the market, Iraqi Oil Minister Adel Abdul Mahdi told Re..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 20:17
Taggar: market, oil

Oil Bounces After Oversold Conditions and Libya Attacks


"Oil futures jumped on Thursday, rebounding on the back of what analysts referred to as ?oversold? conditions, as reports of attacks on Libyan oil terminals reminded the market of the risks to supplies..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 20:10
Taggar: market, oil, report

Gold Stays Close to $1100, US Jobless Claims Jumps


"Gold prices are steady on Thursday, trading at $1095.75 an ounce in the North American session.  On the release front, Unemployment Claims jumped to an 11-month high. The Philly Fed Manufacturing Inde..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 19:37
Taggar: employment, gold, oil, point, trading

Crude Oil Edges Higher, US Unemployment Claims Disappoints


"US Crude has reversed directions on Thursday, rising to $29.18 a barrel in the North American session. In economic news, Unemployment Claims jumped to an 11-month high. The Philly Fed Manufacturing In..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-21 18:56
Taggar: employment, oil, point

USD/CAD Bank of Canada Holds Awaits Fiscal Stimulus


"The Bank of Canada (BoC) held the benchmark interest rate at 0.50 percent in the first policy meeting of the year. The market expectations for a rate cut had accelerated given the rapid decline of oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-20 23:44
Taggar: bank, dollar, market, oil, rate

Here?s Who Is Gaining from Record Low Oil Prices


"European stocks slumped on Wednesday as a result of the latest fall in crude oil, but the collapse in energy prices is actually a boon for the region, the CEO of one of Europe’s biggest transpor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-20 14:16
Taggar: oil

Loonie Awaiting Bank of Canada Rate Decision


"Plunging Oil Prices and Scarce Details on Fiscal Stimulus Might Force BoC to Cut Interest Rate At the end of 2015 the possibility of a rate cut from the Canadian central bank in January was low with t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-19 23:55
Taggar: bank, oil, rate

Brent Oil Drops Under $29 After IEA Oversupply Comments


"Brent crude oil prices pared gains after rising more than 5 percent on Tuesday as investors viewed bullish Chinese oil demand data as a buying trigger, but contracts remained near 12-year lows as the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-19 18:57
Taggar: bull, market, oil

Crude Oil Subdued, Key Inflation Report Next


"US Crude is steady on Tuesday, as February futures are trading at $29 a barrel in the North American session. In economic news, it?s a quiet day in the US, with two minor releases. We?ll get a look at..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-19 18:20
Taggar: cpi, oil, trading

Can Oil Go Lower? ?An Emphatic Yes?, Says IEA


"The International Energy Agency warned on Tuesday that a further drop in oil prices is likely as supply continues to exceed demand, placing “enormous strain” on the ability of the oil syst..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-19 14:16
Taggar: oil, trading

OPEC Says Oil Will Rebalance in 2016


"Oil prices remained below $30 a barrel Monday but the Organization of the Petroleum Exporting Countries is optimistic the market will start to rebalance itself this year as weak prices take their toll..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-18 17:26
Taggar: market, oil

Worried About Sub-$20 Crude? Some Sellers Are Already There


"An end to sanctions on Iran has driven global crude futures to 12-year lows and brought sub-$20-a-barrel oil in sight, although for some producers that is already a painful reality. This unfortunate g..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-18 14:03
Taggar: oil

USD/CAD Loonie Volatile on US Holiday and Oil Tumble


"The USD/CAD continues to follow the movements in the price of crude. The Iran sanctions that prevented the nation’s crude to be part of international trade were lifted on Saturday and put furthe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-18 00:18
Taggar: oil

USD/CAD Loonie Dragged Lower by Plummeting Oil Prices


"BOC Rate Cut Expectation Rise After Oil Drop Takes Loonie to 13 Year Low The USD/CAD has appreciated 2.71 percent this week. The Loonie is caught in a downward spiral that was triggered by the drop in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-15 21:52
Taggar: loonie, oil, rate

Markets Step Closer to the Abyss


"West Texas Intermediate oil plunged 4.7% overnight on signs that sanctions against Iranian exports will be lifted next week, boosting world supply. Commodity-sensitive currencies like the Aussie and N..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-15 15:23
Taggar: aussie, currencies, dollar, oil

Gold Drops After Wall Street Open


"Gold fell on Thursday, shrugging off weaker European equity markets as a rebound in oil prices from 12-year lows and a higher opening on Wall Street pointed to a recovery in risk appetite, blunting bu..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:39
Taggar: bull, gold, market, oil, point

Russian Leaders Warns Cuts Needed to Avoid 98 Type Crash


"Russia’s leaders are warning the government will need to make more cutbacks if the nation is to avoid a repeat of the 1998 financial crash, the country’s biggest post-Soviet economic traum..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:35
Taggar: economy, financial, oil

BOJ Weighting Effects of Oil Drop on Inflation Target


"The Japanese economy is apparently gaining benefits from the lowest crude oil prices in about 12 years, but that is not the case with the Bank of Japan (BOJ), which is seeking to achieve a 2 percent i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:32
Taggar: bank, economy, inflation, oil

Oil Price Drop Has Implications for Fed Decisions


"The latest plunge in crude prices has implications for monetary policy in the United States, a top Federal Reserve official said Thursday. St. Louis Fed President James Bullard ? a voting member of th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:28
Taggar: bank, bull, oil

Oil Crash Derails 68 Projects Worth $300B


"The crashing oil price is taking ever more casualties. Oil’s slump to 13-year lows has led to savage cutbacks in investments by energy companies. Industry consultancy Wood Mackenzie says 68 larg..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:25
Taggar: investment, oil

Oil Prices Steady but Iran Return Looms


"Oil prices steadied on Thursday, but remained near 12-year lows on the prospect of Iran unleashing its oil on an oversupplied market and with few signs of improving demand in a fragile global economy..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 17:20
Taggar: economy, market, oil

Don?t Mention the Brexit: EU Bans Plan B Studies


"European Commission economists have been banned from researching the impact of Britain leaving the 28-nation bloc, or even talking about it, for fear of getting embroiled in the heated British debate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 10:44
Taggar: oil

Oil?s Fall, Slow Wage Growth to Weigh on Bank of England Rate Vote


"The Bank of England looks likely to signal another delay in raising interest rates on Thursday thanks to a renewed oil price slump, sputtering wage growth and the approach of an unsettling vote on Bri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 10:42
Taggar: bank, oil, rate

Brent Hits New 12-Year Oil Below $30 in Asian Trading


"Brent oil prices dipped below $30 in Asian hours Thursday, underscoring weakness in the energy market amid a continued increase in the supply of the commodity. U.S. WTI light sweet crude fell as much..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 10:29
Taggar: market, oil

Why the Chinese Currency Took the Spotlight


"China’s market turmoil since the start of the new year has put the spotlight on a not-much-noticed quirk of trading the mainland’s currency: the offshore yuan doesn’t always want to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-14 10:24
Taggar: currency, market, oil, trading

Gold Steady at $1090, Markets Eye US Jobless Claims


"Gold prices are steady on Wednesday, as the metal trades at $1089.30 an ounce in the North American session. On the release front, there are no major US events on the schedule. Crude Oil Inventories p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 18:55
Taggar: employment, gold, oil

Russian Budget to be Revised if Oil Continues to Weaken


"Tumbling oil prices could force Russia to revise its 2016 budget, Prime Minister Dmitry Medvedev has warned. He said that the country must be prepared for a “worst-case” economic scenario..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 18:40
Taggar: oil, trading

Crude Oil Remains Under Pressure at $30


"US Crude is steady on Wednesday as February futures are trading at $30.45 a barrel in the North American session. On the release front, Crude Oil Inventories posted a small surplus of 0.2 million, wel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 18:27
Taggar: employment, oil, trading

Saudi Austerity Could Spark Social Unrest


"Four years after the Arab Spring, the lynchpin of OPEC faces more social unrest, as Saudis digest unaccustomed austerity amid plummeting oil prices, costly military intervention in Yemen and increased..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 18:18
Taggar: oil

US Crude Oil Inventories Rose 234,000 Barrels Last Week


"Crude oil inventories rose 234,000 barrels last week. The consensus was looking for a drop of 2.72 million barrels, according to a Bloomberg survey, while the analyst forecast calls for an increase of..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 18:14
Taggar: oil

NZD/USD ? Kiwi Continues to Show Little Movement


"The New Zealand dollar remains lackluster, as NZD/USD has been marked by limited movement all week. Early in Wednesday’s North American session, the pair is trading at 0.6550. In economic news..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 16:32
Taggar: dollar, employment, oil, trading

USD/JPY ? US Dollar Punches Past 118


"The yen has posted small gains on Wednesday, as USD/JPY trades just above the 118 line at the start of the North American session. On the release front, today’s highlight is Crude Oil Inventorie..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 15:39
Taggar: oil

Oil Rises for First Time in Eight Days as China Imports Hit Record


"Crude futures rose on Wednesday for the first time in eight days, with U.S. oil pulling further away from the widely watched $30-per-barrel level breached the previous session, as Chinese data showed..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 11:25
Taggar: oil

Oil?s Slide Below $30 Sends Shockwaves Far and Wide


"U.S. oil stumbled below $30 for the first time in 12 years to levels that threaten the survival of many U.S. shale firms, spur more belt-tightening by oil majors and spell more pain for crude-producin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 10:48
Taggar: oil

USD/CAD Loonie Continues Downward Trend as US Oil Inventories Expand


"The loonie depreciated versus the U.S. dollar on Wednesday by 0.529 percent in the last 24 hours. The USD/CAD touched session highs of 1.4380 after the Department of Energy released crude oil inventor..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-13 00:24
Taggar: dollar, loonie, oil

USD/CAD Loonie Sinks to 13 Year Low As Oil Drops Below $30


"The USD advanced 0.353 versus the CAD in the last 24 hours. The USD/CAD touched multi-year highs (1.4316) as the price of oil continues to tumble as supply is far outstripping demand around the globe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 23:22
Taggar: currency, loonie, oil

Struggling Crude Oil Barely Treading Above $30


"US Crude continues to lose ground on Tuesday. In the North American session, futures for February delivery are trading at $30.80 a barrel in the North American session. There was more good news on the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 18:36
Taggar: employment, oil, trading

Oil Drop and China Boost Safe Haven Flows


"Major currency markets flattened out on Tuesday after a rebound for shares and other riskier assets from the latest round of shocks due to falling oil prices and worries over China. Of the big four de..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:39
Taggar: currencies, currency, dollar, market, oil, share, shares

Goldman Does not See Energy Producers Slowing Down


"In a research note following its Jan. 5-7 Global Energy Conference in Miami, which was closed to the media, the analysts said that investor sentiment “deteriorated further” during the even..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:26
Taggar: oil, rate

Strong USD Compounds Commodity Rout


"A stronger U.S. dollar is compounding an oil market rout that has seen crude prices fall by almost 20 percent this month, and options trades suggest the market is preparing for deeper losses ahead. Th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:24
Taggar: dollar, market, oil, pound, rate

Japan Posts Current Account Surplus for 17 Month in a Row


"Japan posted a current account surplus for the 17th consecutive month in November as a sharp drop in crude oil prices continued to reduce imports and a weaker yen helped lift the travel surplus, the g..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:22
Taggar: oil

UAE Denies Rumors of OPEC Emergency Meeting


"The United Arab Emirates moved to quash talk of a potential emergency meeting of the Organization of the Petroleum Exporting Countries (OPEC) after Nigeria’s oil minister said on Tuesday a ̶..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:08
Taggar: oil, rate

British Petroleum Slashes 4K Jobs


"UK oil firm BP has announced it is cutting 4,000 jobs globally, 600 of which will be lost from its North Sea operations. It comes as profits continue to suffer as a result of a 70% collapse in oil pri..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:05
Taggar: investment, oil, profit

US Shale Proving Resilient Despite Oil Price Drop


"There’s growing evidence that Saudi Arabia’s attempt to flood the crude market at a time of oversupply and concerns about weakening demand is not working, American oil billionaire Harold H..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 17:04
Taggar: market, oil

Weaker British Pound and Russian Ruble


"The dollar advanced 0.8% against sterling on a disappointing U.K. industrial output report. The dollar is 0.7% stronger against the ruble on a further 0.4% slide in oil prices.  WTI crude petrole..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-12 15:59
Taggar: dollar, oil, point, report

Tuesday: 5 Things What The Market Is Talking About


"No respite for oil, China defends the yuan, and Goldman says there will come a time to buy stocks. Here are some of the things people in markets are talking about today. 1. Volatile oil Both WTI and B..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-12 15:57
Taggar: gold, market, oil

USD/CAD Loonie Weaker After Oil Plummets Below $31


"The USD advanced 0.242 versus the CAD in the past 24 hours. The fall in the price of oil, which tumbled 4.323 dragged the loonie lower. The Canadian economy has faced tougher challenges as the price o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 23:57
Taggar: economy, loonie, market, oil

US Crude Under Pressure, Drops to 12-year Lows


"US Crude is steady on Monday, as crude futures trade at $31.73 a barrel in the North American session. There is only one US event on the calendar, as the US Labor Market Conditions Index jumped to 2.9..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 18:29
Taggar: market, oil, point

Strong USD Putting Pressure on Oil


"The strengthening U.S. dollar could send oil plunging to $20 per barrel. That’s the view of analysts at Morgan Stanley. In a report published Monday, they say a 5% increase in the value of the d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 17:15
Taggar: currencies, dollar, oil, report

Crude Falls to Near 12 Year Lows


"Oil prices fell for a sixth session to trade at almost 12-year lows on Monday as concerns about China’s economic slowdown, reflected in a renewed slide in its stock markets, weighed on the outlo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 17:02
Taggar: market, oil

Oil 2020 Contracts Falls to $50


"The growing gloom that sent oil markets reeling last week appears to be much more than a short-term phenomenon. Oil contracts for 2018 and beyond, normally slow to follow fluctuations in more speculat..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 17:00
Taggar: market, oil

Bloomberg Ranks Worst Economic Performers in 2016


"For the world’s worst-performing economies, no good will come from New Year’s resolutions to do better. For many, 2016 will only bring more disappointment, say economists surveyed by Bloom..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 16:29
Taggar: analysis, oil, point, rate

Oil Drops over 2 Percent as China Slowdown Weighs; Market Loses Faith in Rebound


"Crude oil prices fell over 2 percent on Monday as China’s economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices as they increasingly lose faith..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 09:24
Taggar: market, oil

Shale Producers Face Bankruptcy if Oil Price Doesn?t Climb Back to $50


"Half of U.S. shale oil producers could go bankrupt before the crude market reaches equilibrium, Fadel Gheit, said Monday. The senior oil and gas analyst at Oppenheimer & Co. said the “new n..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-11 00:07
Taggar: bank, market, oil

UK Exports Fall But Cheaper Imports Still Reduce Deficit


"Britain?s trade gap remained alarmingly high in November after exports fell to their lowest value since July. Official figures showed the deficit in goods and services narrowed to £3.2bn compared with..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-08 17:03
Taggar: oil

Strong NFP Boosts Fed Rate Hike Expectations


"Expectations for Fed rate hikes in 2016 rose Friday after a jobs report that came in far ahead of Wall Street expectations. Fed funds futures indicated a 52 percent chance of a rate hike in March, acc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-08 16:55
Taggar: market, oil, rate, report

Saudi State Oil Armco Could Place Shares in Stock Market


"Amid a global oil supply glut, Saudi Arabia is thinking about listing shares in its state-owned oil company, Saudi Aramco, according to The Economist. One of the biggest companies in the world, Aramco..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 21:17
Taggar: dollar, oil, share, shares

China Crisis Reminds Soros of 2008


"Billionaire financier George Soros is warning of an impending financial markets crisis as investors around the world were roiled by turmoil in China trade for the second time this week. Speaking at an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 18:23
Taggar: financial, market, oil

Fed?s Lacker Says More than 4 Rate Hikes Possible if Economy Picks Up


"The Federal Reserve might need to raise interest rates more than four times this year if oil prices stabilize, the dollar stops appreciating and inflation surges toward the U.S. central bank’s 2..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 18:19
Taggar: bank, dollar, inflation, oil, rate

Oil Could End up at $20 Says Citi


"U.S. oil prices of around $20 per barrel could still happen, Citigroup’s Ed Morse, said Thursday as crude briefly hit 12-year lows of just over $32 per barrel. “You never know where the bo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 18:16
Taggar: oil

Intensifying Market Volatility


"What’s hot:  Traditional hard currencies like the yen, euro and Swiss franc.  Also Treasuries and other sovereign debt.  Also gold. What’s cold:  Oil and other commodit..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-07 17:50
Taggar: currencies, dollar, gold, market, oil

Intensifying Market Volatility


"What’s hot:  Traditional hard currencies like the yen, euro and Swiss franc.  Also Treasuries and other sovereign debt.  Also gold. What’s cold:  Oil and other commodit..."

Blog: Currency Thoughts
Tidsstämpel: 2016-01-07 16:31
Taggar: currencies, dollar, gold, market, oil

US Treasuries Stage Longest Rally In Two Years


"Treasuries advanced for a sixth day, the longest winning streak in 13 months, as turmoil in Chinese markets drove demand for the relative safety of government debt. From two-year notes to 30-year bond..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 12:07
Taggar: market, oil, rate

China Guides Yuan Sharply Lower; Jolts Markets, Offshore Currency Plunge


"China’s central bank guided the yuan lower on Thursday at the fastest pace since its shock devaluation in August, prompting a shuttering of mainland stocks and roiling markets elsewhere. The Peo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 09:51
Taggar: bank, dollar, market, oil, point, rate

USD/CAD Loonie Awaits Employment Data in US And Canada


"The Loonie briefly touched 12 year lows against the USD as the price of energy kept falling and the volatility of the Chinese stock market caused waves around the world. The USD/CAD traded at 1.4170 b..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 00:45
Taggar: bank, loonie, market, oil

USD Looking for Support from NFP


"The Jobs Report Will Arrive as Market Uncertainty Rises Due to China and Oil Price Fears The employment component has been the strongest pillar of the U.S. economy. Despite strong growth in the monthl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-07 00:02
Taggar: economy, employment, market, oil, rate, report

Oil Falls to 11 Year Low As Iran Saudi Dispute Continues


"Oil prices slid more than 4 percent to new 11-year lows on Wednesday as the row between Saudi Arabia and Iran made any cooperation between major exporters to cut output even more unlikely. The furor o..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-06 16:47
Taggar: oil

U.S Treasuries Continue Their Price Rally


"U.S. Treasuries advanced for a fifth day, extending their winning start to 2016, as oil prices at the lowest level in more than a decade added to reasons for investors be bearish on the outlook for in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-06 16:20
Taggar: bear, inflation, oil

Wednesday: 5 Things The Market Is Talking About


"North Korea say they’ve detonated a hydrogen bomb, the yuan falls to a five-year low and brent oil drops below $35 a barrel for the first time since 2004. Here are some of the things people in m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-06 16:13
Taggar: market, oil

Reuters Poll Shows Oversupply to Curb Oil Price Recovery


"Crude oil prices are unlikely to rally much in 2016 as subdued demand growth looks unable to absorb rising supply from the likes of Iran and Iraq, even though non-OPEC output is expected to moderate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 17:27
Taggar: oil, rate

Oil Falls as Fundamentals Override Conflict


"Oil prices fell on Tuesday on concerns about the pace of economic growth in China and a stronger U.S. dollar, handing back some of the gains triggered by an escalation of tensions in the Middle East..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 17:24
Taggar: dollar, oil

Low Oil Price Could Spur Energy Mergers and Acquisitions


"Low oil prices could spur further mergers and acquisitions (M&A) across the oil and gas sector in 2016, analysts told CNBC. Speaking to CNBC on Tuesday, Karri Vuori, head of M&A at Panmure G..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 16:55
Taggar: oil

Global Economy Depends on China Solving its Credit Bubble


"Independent analyses by both the University of California macroeconomist James Hamilton and the Bank of England have fingered weak demand as the chief cause of low oil prices. Given that China is driv..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 16:53
Taggar: bank, economy, oil

Tuesday: 5 Things The Markets Are Talking About


"China intervenes to support stocks, oil shrugs off Middle-East tensions and euro-area inflation is stuck near zero. Here are some of the things people in markets are talking about today. 1. China stop..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 16:17
Taggar: inflation, market, oil

USD/CAD Loonie Falls Ahead of FOMC Minutes After Oil Drop


"The USD/CAD was trading above parity two years ago to the day. The monetary policy rate divergence and the drop in the price of commodities have depreciated the CAD to current levels. The price of oil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-05 00:35
Taggar: oil, rate, trading

USD/CAD Oil Market Turmoil Has Loonie Close to 1.40


"The USD/CAD managed to trade in a range between 1.38 and barely below 1.40 in the final two weeks of 2015. The uncertainty about the price of oil and the decision by the Federal Reserve to finally hik..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-04 23:32
Taggar: currency, loonie, oil, rate

US Small Oil Producers Hanging On


"U.S. “stripper well” operators, the nation’s smallest oil producers seen as most likely to succumb to the crude price slump, are hanging in tough, reducing the chances of near-term p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-04 17:21
Taggar: market, oil

UK Increases Oil and Gas Production First Time in 15 Years


"Britain?s oil and gas fields have increased production for the first time in more than 15 years, figures show. Government statistics for the first 10 months of 2015 show oil and gas produced on the UK..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-04 17:20
Taggar: oil

Commodities Rise on Middle East Iran Saudi Turmoil


"Oil prices have jumped as worsening relations between Saudi Arabia and Iran raised concerns about possible supply disruptions. Brent crude prices rose more than 3% on Monday, before easing to $38.10 a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2016-01-04 17:05
Taggar: market, oil, share

Oil Poised for Record Two-Year Loss as U.S. Stockpiles Gain


"Oil headed for its biggest two-year loss on record in New York as an expansion in U.S. crude stockpiles exacerbates a global glut. Futures have lost 31 percent this year, poised for a second annual lo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-31 14:24
Taggar: oil

After 40 Years, First U.S. Crude Exports About to Ship


"Let the era of U.S. oil exports begin. ConocoPhillips Co. and NuStar Energy LP on Thursday plan to finish loading what will be the first tanker of freely traded U.S. crude oil in 40 years. The compani..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-31 14:08
Taggar: oil

Sky-High Stocks Book Fourth Year of Gains, Tipped for More


"Stock markets in developed economies were set to record their fourth straight year of gains on Thursday while oil prices cemented losses of more than 35 percent as a roller-coaster year drew to a clos..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-31 14:03
Taggar: market, oil

Crude Slides as Crude Inventories Post Surplus


"WTI Crude has reversed directions on Wednesday, as crude futures trade at $36.71 per barrel in Wednesday’s North American session. In economic news, Crude Oil Inventories surprised the markets w..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-30 19:03
Taggar: home sales, market, oil

AUD/USD ? Aussie Subdued at 73, US Housing Report Disappoints


"The Australian dollar is unchanged on Wednesday, as AUD/USD trades at 0.7290 in the North American session. On the economic front, US Pending Home Sales was unexpectedly soft, posting a decline of 0.9..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-30 18:24
Taggar: dollar, home sales, oil

Oil Rebound Fizzles, Sending Global Shares Lower


"Global stock markets fell on Wednesday as oil prices slumped back towards 11-year lows, sapping investors’ appetite for risky assets and hurting the shares of mining and energy companies. Stock..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-30 13:29
Taggar: market, oil, share, shares

Crude Oil Recovers, Consumer Confidence Shines


"WTI Crude has pushed higher, as crude futures trade at $37.69 per barrel in Tuesday’s North American session. In economic news, CB Consumer Confidence surged to 96.5 points, well above expectati..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-29 19:53
Taggar: consumer confidence, oil, point, trading

Crude Oil Recovers, Consumer Confidence Shines


"WTI Crude has pushed higher, as crude futures trade at $37.69 per barrel in Tuesday’s North American session. In economic news, CB Consumer Confidence surged to 96.5 points, well above expectati..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-29 19:53
Taggar: consumer confidence, oil, point, trading

Oil Hovers near 11-Year Lows on Abundant Supply, Slowing Demand


"Oil prices steadied not far off their 11-year lows on Tuesday, under pressure from slowing global demand and abundant supplies, with Saudi Arabia signalling no change to its oil policies and Iran prep..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-29 14:58
Taggar: oil

Saudis Unveil Radical Austerity Programme


"Saudi Arabia on Monday unveiled spending cuts in its 2016 budget, subsidy reforms and a call for privatisations to rein in a yawning deficit caused by the prolonged period of low oil prices. The Gulf..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-29 10:41
Taggar: oil

Crude Oil Slips Below $37 in Thin Trading


"WTI Crude has dropped sharply on Monday, as crude futures trade at $36.82 per barrel in Monday’s North American session. There are no US releases on the schedule. Oil prices have headed lower on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-28 21:20
Taggar: oil, trading

Crude Oil Up for Third Straight Day


"WTI Crude continues to move upwards, as crude futures trade at $38.05 per barrel in Thursday’s North American session. In the US, Unemployment Claims edged down to 267 thousand, beating the esti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-24 21:24
Taggar: employment, oil

Crude Oil Up for Third Straight Day


"WTI Crude continues to move upwards, as crude futures trade at $38.05 per barrel in Thursday’s North American session. In the US, Unemployment Claims edged down to 267 thousand, beating the esti..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-24 21:24
Taggar: employment, oil

WTI Crude Oil A Year Ahead ? Trends And Expectations 2016


"WTI (West Texas Intermediate) Crude Oil showed plenty of volatility over the course of 2015, as oil prices have plunged some 31%, as of the first week in December. As we prepare to bid adieu to the pa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-24 13:00
Taggar: oil

US Banks Hit by Cheap Oil as Opec Warns of Long-Term Low


"US banks face the prospect of tougher stress tests next year because of their exposure to oil in a sign of how the falling price of crude is transforming the outlook not just for energy companies but..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-24 12:45
Taggar: bank, financial, oil

European Stocks Lower amid Oil Price Bounce


"European stocks traded lower on Thursday, following a strong performance from Wall Street overnight and as oil prices edged slightly higher ahead of the Christmas holidays. The pan-European STOXX 600..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-24 12:35
Taggar: market, oil, trading

Oil Back at $95 ? but Only in 24 Years? Time: OPEC


"Oil prices will take decades to recover and will still not reach the peak seen in recent years, according to the latest World Oil Outlook (WOO) from OPEC. In the group’s latest outlook on supply..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 16:56
Taggar: oil

Canada: Stalls In October On Factory Drop


"Canada?s gross domestic product unexpectedly stalled in October, another sign the economy is struggling to recover from an oil-price shock. Output was little changed at an annualized C$1.64 trillion (..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 16:23
Taggar: economy, oil

Wednesday: 5 Things The Markets Are Talking About


"Nobody knows where oil’s going next, China set to double yuan trading hours, and U.K. third-quarter GDP misses expectations. Here are some of the things that people in markets are talking about..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 16:17
Taggar: market, oil, trading

Oil Plunge Hurts Canada ? Worst Yet To Come


"Unemployment 6.9% in November from 4.6% a year earlier Calgary business community feels “funeral”-like, mayor says Crime is rising, home prices are falling and food banks are overwhelmed i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 16:12
Taggar: bank, employment, oil, spread

Canada: Gross Domestic Product By Industry, October 2015


"Real gross domestic product was unchanged in October, after falling 0.5% in September. Gains in mining, quarrying, and oil and gas extraction as well as the public sector were offset by declines in ma..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 16:04
Taggar: oil

Narrowly Mixed Dollar


"The biggest dollar move overnight is a 0.5% slide against sterling.  Otherwise, the U.S. currency is down 0.2% versus the loonie and 0.1% relative to the yen, unchanged vis-a-vis the yuan, and up..."

Blog: Currency Thoughts
Tidsstämpel: 2015-12-23 13:59
Taggar: aussie, aussie dollar, currency, dollar, kiwi, loonie, oil

OPEC Sees Demand For Crude Falling Further


"OPEC said demand for its crude will slide to 2020, though less steeply than previously expected, as rival supplies continue to grow. The organization will need to pump 30.7 million barrels a day by th..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 13:38
Taggar: oil

U.S. Crude Briefly Rises to Premium over Brent as Exports Loom


"U.S. crude prices briefly rose to a premium over internationally traded Brent on Wednesday following a report of a surprise dip in U.S. inventories and the potential for more exports in an oil market..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-23 10:38
Taggar: market, oil, report, trading

Crude Oil Subdued at $36, No Surprises from US Final GDP


"WTI Crude continues to have an uneventful week, as crude futures trade at $36.32 per barrel in the North American session. In the US, Final GDP posted a solid gain of 2.0%. Existing Houses Sales disap..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-22 20:00
Taggar: oil, point

Manat Plunges to 20-Year Low


"Azerbaijan?s manat plunged to the weakest since 1995 after the central bank relinquished control of its exchange rate, the latest crude producer to abandon a currency peg after oil prices slumped to t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-21 12:23
Taggar: bank, currency, oil, rate

U.S. House Passes Bill to Fund Government, Export Crude Oil


"The U.S. House of Representatives on Friday overwhelmingly passed a $1.1 trillion spending bill to keep government agencies open and funded through September 2016 and lift the 40-year-old ban on U.S..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-18 17:07
Taggar: oil

Goldman Sachs Expects Oil Prices to Fall Further as OPEC Stands Pat


"Goldman Sachs sees further weakness for oil due to the worsening of already weak fundamentals after OPEC held back from cutting production at its recent meeting. The investment bank is standing by its..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-18 16:50
Taggar: bank, gold, investment, oil

Friday: 5 Things Markets Will Be Talking About


"The Bank of Japan disappoints, Spanish voters prepare to head to the polls and oil is back below $35. Here are some of the things people in markets are talking about today. 1. Bank of Japan confusion..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-18 16:13
Taggar: bank, market, oil, point

BoJ Announces New ETF Purchases, Oil Eyed


"With only a week until Christmas, we might ordinarily expect markets to go into holiday mode but that is certainly not the case at the moment, thanks primarily to some very active central banks and so..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-18 09:10
Taggar: bank, market, oil

Oil Drops on Oversupply and Strong USD


"Oil fell close to an 11-year low, pressured by a relentless build in oversupply, and as the dollar strengthened after the U.S. Federal Reserve raised interest rates for the first time in nearly a deca..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-17 18:12
Taggar: dollar, oil, rate

Putin Says $50 Oil Price is Too Optimistic for Russian Budget


"Russian President Vladimir Putin said on Thursday the $50 per barrel price for oil factored in the 2016 budget was too optimistic and the government needed to make adjustments. “We had calculate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-17 18:09
Taggar: oil

Shell?s Takeover of BG to Go Through Despite Low Oil Price


"Royal Dutch Shell’s takeover of BG Group may look less attractive after the slide in oil prices but the fact the same investors own nearly half of both firms means the deal is still likely to go..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-17 18:06
Taggar: oil, share, shares

BOE Less Likely to Follow Fed in Rate Hike


"With U.K. inflation hovering near zero and the slump in oil pressuring prices lower, an interest rate rise by the Bank of England looks increasingly less likely to come hot on the heels of the U.S. hi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-17 17:13
Taggar: bank, inflation, oil, rate

Fed Rate Decision Will Affect Oil Storing Costs


"Big oil traders cashing in on a market that rewards storing oil and waiting will see their hefty profits shrink if the U.S. central bank raises rates this week. The U.S. Federal Reserve’s likely..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-16 18:58
Taggar: bank, market, oil, point, profit, rate

Oil Falls After Further Signs of Oversupply Ahead of Fed


"Oil fell on Wednesday on fresh evidence of growing global oversupply, and as investors awaited the outcome of a U.S. Federal Reserve meeting at which interest rates are likely to be raised, boosting t..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-16 18:57
Taggar: dollar, oil, rate

Crude Oil Steady Ahead of Expected Fed Rate Hike


"WTI Crude is very quiet on Wednesday, trading at $36.97 per barrel in the European session. In economic news, the Federal Reserve is expected to announce a historic rate hike for the first time since..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-16 12:20
Taggar: oil, rate, trading

Moody Slashes Oil Price Forecast


"Moody’s sharply lowered its oil price assumptions on Tuesday, amid a threat of a prolonged oversupply. On Tuesday morning, Moody’s Investors Service said it had “significantly lowere..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-15 16:49
Taggar: consumption, oil

Brent WTI Gap Close to Disappearing as Glut Worsens


"The once-deep discount for benchmark U.S. crude oil prices versus global rates is about to disappear for the first time since the rise of the shale oil boom, a sudden reversal that highlights the mark..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-15 16:37
Taggar: market, oil, rate

Oil Higher on Profit Taking


"Oil prices edged higher on Tuesday as a slump to near 11-year lows in the previous session whetted investors’ buying appetite but a lingering supply glut kept prices near troughs last seen durin..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-15 16:34
Taggar: financial, oil

Oil Glut Could End 40 Years of US Crude Export Ban


"The U.S. ban on exporting oil may not live to see its 40th birthday. There’s growing momentum to kill the restriction and a deal could be reached before the end of the year as part of a broader..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-15 16:24
Taggar: oil

Asia Lower Ahead of December FOMC


"Investors in Asia remained cautious with oil prices under pressure, and with the US Federal Reserve about to start its latest meeting. The US central bank is widely expected to raise interest rates fo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-15 16:19
Taggar: bank, oil, rate

USD/CAD Loonie Touches 11 Year Lows Driven by Oil Drop


"Fed Anxiety and the Drop in Energy Prices Push USD/CAD Above 1.3770 The week when the U.S. Federal Reserve is expected to raise interest rates started with high volatility as oil prices have moved 5 p..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 23:04
Taggar: oil, rate

Gold Lower With Fed Disappointing Only Upside


"Gold prices came under pressure on Monday, as oil plunged anew and investors braced for Wednesday?s U.S. interest-rate decision by Federal Reserve policy makers. Gold for February delivery  fell $7.20..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 19:06
Taggar: gold, oil, rate

Gold and Silver Soft Ahead of Fed FOMC


"Gold prices are moderately lower in early U.S. trading Monday, once again pressured by the bearish outside markets led by slumping oil prices. Silver prices dropped to a six-year low overnight. Februa..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 19:05
Taggar: bear, gold, market, oil, rate, trading

Fed is Main Focus But Europe, Energy and Asia on the Radar


"The Fed has always been a shortcut for discussions of financial market developments. So, the argument goes, liquidity is drying up for high-yielding assets because the Fed is allegedly poised to raise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:59
Taggar: financial, market, oil, point, rate

Oil Close to 11 Year Low as Supply Glut Worsens


"Oil prices tumbled 4 percent on Monday, coming close to their 11-year low, on growing fears that the global oil glut would worsen in the months to come in a pricing war between leading OPEC and non-OP..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:56
Taggar: oil

Russia is Prepared for $30 Oil in 2016 says Finance Official


"Russia is planning for oil prices to drop to $30 per barrel in 2016. The country’s top finance official, Anton Siluanov, said the government must be prepared for prices to fall further in 2016 a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:51
Taggar: finance, market, oil

Asian Stocks Lower on Lower Oil Price Fears


"Japan’s stocks led losses across much of Asia as oil prices continued to slide and with investors remaining cautious ahead of a widely-expected US interest rate rise this week. The benchmark Nik..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:47
Taggar: dollar, oil, rate

Crude Oil Struggling at $35


"WTI Crude is flat on Monday, trading at $35.65 per barrel early in the European session. Taking a look at economic news, it’s a busy day in the US, with a host of key releases, led by Retail Sal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:09
Taggar: cpi, market, oil, retail sales, trading

Crude Oil Steady at $35


"WTI Crude is flat on Monday, trading at $35.65 per barrel early in the European session. Taking a look at economic news, it’s a busy day in the US, with a host of key releases, led by Retail Sal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-14 18:09
Taggar: cpi, market, oil, retail sales, trading

Bank of Russia


"Russia’s one-week auction rate increased from 5.5% prior to March 2014 to 17% by the end of last year.  900 basis points of that tightening occurred in November and December alone, as Ukraine-re..."

Blog: Currency Thoughts
Tidsstämpel: 2015-12-11 19:46
Taggar: oil, point, rate

Three Shocks Slam Global Financial Markets


"Stocks are plunging and the 10-year Treasury yield fell seven basis points today in response to three developments. Oil prices fell 1.2% to $36.33 per barrel.  Commodities were hit by a projection fro..."

Blog: Currency Thoughts
Tidsstämpel: 2015-12-11 18:07
Taggar: bank, oil, point

UN Says World Economy to Grow 2.4% in 2015


"The world economy stumbled in 2015, with growth estimated at just 2.4 percent this year following a nearly 60 percent drop in oil prices and an over 20 percent fall in commodity prices in the last 18..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-11 17:02
Taggar: economy, oil, report

Oil Steepens Falls as OPEC Produced a Record 31.7 million Barrels a Day in Nov


"Oil fell below $37 a barrel on Thursday, after new data showed OPEC is still pumping like there is no tomorrow. The mighty oil cartel produced 31.7 million barrels a day in November, its latest monthl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-11 16:54
Taggar: oil, report

IEA Says Non-OPEC Production Rose Slightly in November


"OPEC is winning. The cartel’s strategy of pumping as much oil as it can to force other producers out of the market appears to be working. “There is evidence the Saudi-led strategy is start..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-11 16:51
Taggar: market, oil, rate, report

Asian Stocks Mixed Ahead of Fed and Low Oil Prices


"Japan’s stocks rose on Friday following an upbeat session in US, ending three consecutive days of losses. The benchmark Nikkei 225 closed up 1% at 19,230.48 despite oil prices continuing to sit..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-11 16:50
Taggar: oil

Wobbly Crude Struggling at $36


"WTI Crude is flat on Friday, trading at $36.65 per barrel early in the European session. Taking a look at economic news, it’s a busy day in the US, with a host of key releases, led by Retail Sal..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-11 11:12
Taggar: cpi, market, oil, retail sales, trading

OPEC Report Shows non OPEC Supply to Contract


"The supply of oil from countries outside of the OPEC will contract next year as world oil demand rises, the production cartel said in its latest monthly report. Indicating that the 12-country oil prod..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:32
Taggar: market, oil, report, share

Gartman Says Oil Rebound Not to Last


"Market watchers scrutinizing fluctuations in volatile crude oil prices shouldn’t expect upward moves to last, publisher Dennis Gartman said Thursday. No meaningful reversal will occur so long as..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:31
Taggar: market, oil

US Import Prices Drop as Energy Prices Continue Decline


"U.S. import prices fell in November as the cost of petroleum and several goods continued to decline, suggesting that cheaper crude oil and a strong dollar will keep imported inflation pressures subdue..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:29
Taggar: dollar, inflation, oil

Global Stocks Lower As Uncertainty Drives Market


"A fourth straight day of falls nudged stocks towards two-month lows on Thursday, as ricocheting commodity prices, a jumpy dollar and an extra helping of emerging market uncertainty made for a jittery..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:28
Taggar: dollar, market, oil

Raw Materials Drop to Pre Depression Levels


"The last time raw materials like copper and oil were this cheap, an economic depression loomed just around the corner. It’s no secret that commodities in general have had a horrendous 2015. A na..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:18
Taggar: oil

BOE Held Rates with a 8-1 Vote


"The Bank of England (BoE) left interest rates at record lows on Thursday as it highlighted subdued inflation in the U.K. due to the recent fall in oil prices. As expected, the bank decided to hold off..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:15
Taggar: bank, inflation, oil, rate

Energy Industry Could be Hit by Wave of Debt Defaults


"Brace for a wave of defaults in the oil patch. Energy companies that loaded up on debt during the oil boom are likely to have trouble paying back those loans. Oil prices have collapsed over 65% since..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:14
Taggar: oil

Oil Falls Under $37 As OPEC Continues Record Production Levels


"Oil fell below $37 a barrel on Thursday, after new data showed OPEC is still pumping like there is no tomorrow. The mighty oil cartel produced 31.7 million barrels a day in November, its latest monthl..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-10 16:13
Taggar: oil, report

WTI Crude Improves on Weak Crude Inventories Report


"WTI Crude is showing limited movement on Wednesday, trading at $38.32 per barrel early in the North American session. Crude has dropped sharply since Friday, when the price stood at $42 per barrel. Ta..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 18:08
Taggar: oil, report, trading

China?s Record Fuel Exports Applying More Pressure on Falling Oil Price


"t’s tempting to view the growth in China’s crude oil imports this year as mainly a result of increased strategic stockpiling, but that overlooks the rising importance of refined product ex..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 17:26
Taggar: market, oil, rate

IEA says Oil Could Continue to Fall in 2016


"Oil prices pared some of their losses on Wednesday after falling to near seven-year lows earlier in the week, but those hoping for a rebound next year may be disappointed. Fatih Birol, the executive d..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 17:14
Taggar: oil, point

Asian Markets Fall After Energy Shares Tumble


"Asian stocks headed lower on Wednesday as falling oil prices continued to hurt energy-related shares and cut into investors’ confidence. The price of US crude oil – West Texas Intermediate..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 16:58
Taggar: oil, share, shares

Gold Steadies, Climbs Back to $1080


"Gold prices have steadied on Wednesday, trading at a spot price of $1078.55 per ounce in the European session. Taking a look at economic news, the US will release Wholesale Inventories and Crude Oil I..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 14:47
Taggar: employment, gold, oil, trading

Oil Stabilises Ahead of EIA Inventories


"Oil prices appear to have found some stability over the last 24 hours after suffering some heavy losses since Friday. The decision by OPEC not to consider production cuts or announce a ceiling on outp..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-09 09:26
Taggar: oil

OPEC High Production Could Have Higher Impact Than Central Bank Easing


"The world?s central bankers just got a helping hand from the world?s oil ministers. As the European Central Bank delivers less monetary stimulus than investors sought and with the Federal Reserve set..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 18:53
Taggar: bank, economy, oil

Gold Pares Losses as US Dollar Index Lower


"Gold prices have moved up from moderately lower levels to trade near unchanged in morning dealings Tuesday. The yellow metal and much of the rest of the raw commodity continue to see their daily price..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 18:52
Taggar: dollar, gold, market, oil, rate

Saudia Arabia?s Deficit Will Force a Production Cut in the Future


"Alain Bokobza, head of global asset allocation at Societe Generale, told CNBC’s Squawk Box that OPEC was likely to be forced to cut production next year as low oil prices were hitting producing..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 18:01
Taggar: oil

US Energy Secretary Tells Market Shale Oil Industry Will Recover


"Despite the ongoing weekly closures of U.S. oil rigs, spending cuts and the cancellation of drilling projects in the U.S. shale oil industry amid slumping oil prices, the U.S. energy secretary told CN..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 18:00
Taggar: oil

Scottish PM Says Independence is Not Reliant on Oil Price


"The case for Scotland being an independent country with — or without — oil is as strong as ever, Scottish leader Nicola Sturgeon told CNBC Monday. Speaking to CNBC on the sidelines of the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 17:49
Taggar: oil

Oil Falls to 7 Year Low


"Good news drivers: oil prices have tumbled to the cheapest levels since the Great Recession. Oil tumbled another 6% on Monday to as low as $37.50 a barrel, its weakest level in almost seven years. A m..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 17:48
Taggar: oil

Low Oil Prices Dragged Down Asian Stocks


"Asian stocks fell, dragged down by energy-related shares as oil prices hit their lowest levels since 2009. The price of West Texas crude dropped 5.8% to $37.65 a barrel, while Brent Crude fell 5.3% to..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-08 17:46
Taggar: oil, share, shares

Oil Falls to 7 Year Low After OPEC Fails to Curb Production


"Oil prices fell to their lowest in nearly seven years on Monday after OPEC’s meeting ended in disagreement over production cuts and without a reference to its output ceiling, while a stronger do..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-07 17:16
Taggar: dollar, oil

Oil Lower As Saudi Arabia and Iran Disagree About Production Output


"It used to be said of OPEC that it was like a teabag ? it only worked in hot water. If that is so, conditions on world oil markets could hardly be more difficult as prices languish at almost seven-yea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-07 17:14
Taggar: market, oil

Oil Under $40 Barrel on OPEC Production, Could Hit $20s in 2016


"As crude oil prices continue their dramatic decline after a refusal by the Organization of Petroleum Exporting Countries (OPEC) to cut production, the key question now is, how much lower can oil go? U..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-07 13:49
Taggar: oil

OPEC Could Cut Output After IEA Report Drew Comments from Saudi Arabia


"Saudi Arabia has given oil traders the first glimmer of clarity on what it might take to prompt the world’s biggest crude exporter to change course on policy, suggesting that its laissez faire a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 17:27
Taggar: oil, report

Turkey claims Russia is trading oil with IS: Report


"Turkey has claimed Russia is trading oil with the Islamic State, countering Moscow’s claims that Turkey’s president was personally involved in deals with the terrorist group. In a televise..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 17:08
Taggar: oil, trading

Why Saudi Arabia Won?t Play Nice at OPEC Meeting


"The day oil markets have been waiting for has finally arrived. But despite reports suggesting Saudi Arabia could be ready to cut production in a bid to support prices at Friday’s meeting of the..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 17:04
Taggar: market, oil, report

Oil Falls After OPEC Keeps Crude Output Intact


"Oil prices fell on Friday after sources said OPEC had agreed to roll over its policy of maintaining crude production in order to retain market share and raise its output ceiling. Internationally trade..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 16:57
Taggar: market, oil, share

Indonesia?s Reentry into OPEC Complicated Production Cut


"Seven years after it suspended its membership, the Southeast Asian country had asked OPEC earlier this year to reactivate its membership as the country aims to benefit from closer ties with oil produc..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 16:54
Taggar: oil

Friday: 5 Things What The Markets Are Talking About Today


"Investors look to nonfarm payrolls, the fallout from Mario Draghi’s stimulus plan continues, and OPEC meets to discuss the oil supply glut. Here are some of the things people in markets are talk..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 15:22
Taggar: market, oil

Crude Oil Steady Ahead of Key Nonfarm Payrolls, OPEC Meeting


"US Crude prices is steady on Friday, as the pair trades at $40.60 per barrel in the European session. We could see some volatility from oil during the day, as OPEC leaders are meeting in Vienna for a..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-04 14:00
Taggar: bear, oil, rate, report

US Crude Struggling at $40 After Strong US Payrolls


"US Crude prices dropped sharply on Wednesday, slipping below the symbolic level of $40 per barrel. Oil has steadied on Thursday, trading at $40.57 in the European session.  the US, today?s key events..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-03 14:59
Taggar: employment, oil, trading

Saudi Arabia Throws down Challenge on Oil Production Cuts


"Saudi Arabia has thrown down a challenge to big rival oil producers ahead of this week’s Opec meeting, saying it would back output cuts as long as they were supported by countries both inside an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-03 11:41
Taggar: oil

Oil Falls After US Inventory Rise and OPEC Mixed Messages


"Oil fell below $44 a barrel on Wednesday as a rise in U.S. inventories added to the global glut and investors discounted the possibility of OPEC cutting output at this week’s meeting. Brent crud..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-02 20:30
Taggar: oil

Oil Weaker After OPEC Gets Ready for Meeting


"Oil decreased for the third time in four days as ministers from the Organization of Petroleum Exporting Countries arrive in Vienna to discuss production policy. Futures slipped as much as 2.3 percent..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-02 18:10
Taggar: oil

Crude Falls as Saudis Deny Production Cut Agreement


"Saudi Arabia is seen rejecting calls from fellow OPEC members to cut output when the group meets this week as the group’s kingpin argues it cannot deal alone with one of the most severe oil glut..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-02 18:09
Taggar: oil

Crude Flat Ahead of US Jobs Report


"US Crude remains listless this week, as crude trades at $41.36 a barrel in Wednesday’s European session. In the US, it’s a busy day on the event front, highlighted by ADP Nonfarm Employmen..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-02 14:59
Taggar: employment, oil

RBS and Standard Chartered Weakest of UK Banks After Stress Tests


"Royal Bank of Scotland and Standard Chartered were the weakest of Britain’s seven largest lenders in a Bank of England stress test. For the second year, the central bank has subjected the UKR..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-01 18:58
Taggar: bank, financial, oil

Crude Steady Ahead of US Manufacturing PMI


"US Crude continues to have an uneventful week, as crude trades just shy of $42 a barrel in Tuesday’s European session. In economic news, we’ll get a look at manufacturing data, highlighted..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-12-01 12:46
Taggar: market, oil, point

November in Figures


"Gold and oil prices each dropped sharply November.  Share prices in Germany and Japan outperformed other stock markets shown below.  Sovereign debt yields rose in the United States and Canada, fell in..."

Blog: Currency Thoughts
Tidsstämpel: 2015-12-01 02:43
Taggar: gold, market, oil, point, share

Iran Unveiled New Oil Contracts to Attract Foreign Investment


"Iran unveiled a new model of oil contracts Saturday aimed at attracting foreign investment once sanctions are lifted under a landmark nuclear deal reached earlier this year, and said U.S. companies wo..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 18:54
Taggar: investment, oil, rate

Oil Rose Ahead of OPEC Meeting at the End of the Week


"Crude futures rose more than 1 percent on Monday as speculators took bullish bets on the odd likelihood of a surprise outcome at this week’s OPEC meeting and as refined oil products rallied. Few..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 18:51
Taggar: bull, oil

Russia Hikes Oil Production to Retake Lost Market Share


"Russian oil firms are drilling more, showing the world’s top crude producer is ready for a longer fight for market share with OPEC, as its industry can carry on even if oil prices reach $35 per..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 18:46
Taggar: market, oil, share

Crude Hugging $42, Markets Eye PMI, Housing Reports


"US Crude has started the new trading week on a quiet note, as crude trades at $42 a barrel in Monday’s European session. In economic news, there are no major US releases, with just two events on..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 14:50
Taggar: chicago pmi, home sales, oil, trading

Dollar Rises Versus Euro, Oil Drops Before ECB, OPEC Meetings


"The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for U.S. and euro zone interest rates, while oil fell with OPEC ministe..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 14:11
Taggar: bank, dollar, oil, rate

Oil Set for 10 Percent Fall in November as Supply Glut Persists


"Oil prices on Monday were on course to end November some 10 percent lower as a global supply glut showed no sign of easing and weak stocks and a strong dollar further weighed on prices. Brent crude ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 14:06
Taggar: dollar, oil

Can Oil Bounce Back as OPEC Meets?


"Crude oil prices have been tumbling for much of the year as a supply glut, strong dollar, and geopolitical developments around the world continue to exert pressure. Just last week, oil prices saw an u..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-30 11:54
Taggar: dollar, oil

USD/CAD Loonie Lower on Falling Oil Prices


"The USD/CAD appreciated 0.617 percent on Friday as the price of oil tumbled more than 3 percent following a stock market rout in China. The currency pair will finish the week trading at 1.3373. Canadi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-27 23:20
Taggar: currency, currency pair, market, oil, trading

USD/CAD Loonie Slightly Higher on US Thanksgiving Despite Softer Oil Prices


"The USD depreciated 0.0632 percent versus the CAD during the U.S. Thanksgiving holiday. There was little trading volume during the session. The USD/CAD traded in a range between 1.3320 and 1.3280. The..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-26 21:50
Taggar: dollar, loonie, oil, trading

Iran on Path to Become Largest Frontier Economy


"It’s been described as the Germany of the Middle East, with nearly 80 million people, an educated workforce, and a proud tradition of manufacturing. Throw in the world’s largest oil and ga..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-26 17:55
Taggar: oil

Rumours of Saudia Arabia?s Riyal 3 Decades Peg Ahead of Budget


"Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools availab..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-26 17:51
Taggar: currency, oil

Crude Oil Flat as US Markets Closed for Holiday


"US Crude is quiet on Thursday, after showing strong volatility a day earlier. In the European session, oil is trading at $42.91 a barrel. US markets are closed for Thanksgiving, so we can expect crude..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-26 14:30
Taggar: employment, market, oil, trading, us market

USD/CAD Loonie Flat Despite Strong US Economic Data


"The USD/CAD was mostly flat as the strong U.S. economic data was cancelled by the surge in oil prices. The pair is trading at 1.3304 and is trading in a tight range ahead of the Thanksgiving holiday i..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-25 21:19
Taggar: oil, trading

Iran?s Oil Reserves Await Reentry into Global Market


"In a remote corner of Iran, engineers are working round the clock to return the country to the top ranks of global oil producers. The region of Southwest Iran boasts more proven reserves of oil than A..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-25 18:09
Taggar: oil

Crude Slips to $42 Ahead of US Durables, Unemployment Claims


"US Crude has reversed directions on Wednesday and lost ground, as the oil trades just above $42 a barrel in the European session. In the US, there are a host of releases ahead of the Thanksgiving holi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-25 15:27
Taggar: durable goods, employment, goods orders, oil

USD/CAD Loonie Flies Higher After Oil and Gold Rally


"USD/CAD Loonie Flies Higher After Oil and Gold Rally Turmoil in the Middle East as Turkey Downs Russian Aircraft Geopolitical tension triggered a surge in crude prices after Turkey confirmed it had sh..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 23:43
Taggar: gold, loonie, oil

Oil Bounces Again on Middle East Turmoil


"Oil prices rose as much as 3 percent on Tuesday as tensions in the Middle East escalated following the downing of a Russian fighter jet near the Syrian-Turkish border, and a weaker dollar provided an..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 18:13
Taggar: dollar, oil

Oil Rout Could Spark OPEC Revolt Against Saudi Arabia


"The crash in oil prices is fanning the flames of revolt against Saudi Arabia inside the walls of OPEC. A war of words has broken out between OPEC kingpin Saudi Arabia and disgruntled smaller oil produ..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 17:56
Taggar: oil

How Much Does it Cost to Produce A Barrel of Oil Around the World


"Everyone in the energy industry is suffering as crude oil prices have slumped. But some oil producing countries are hurting more than others. In the United Kingdom, it costs $52.50 to produce a barrel..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 17:55
Taggar: oil, trading

Crude Oil Steady at $42 Ahead of US GDP


"US Crude is showing limited movement on Tuesday, as the pair trades at $42.26 a barrel in the European session. In the US, all eyes are on Preliminary GDP. As well, the US will release another key ind..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 12:25
Taggar: consumer confidence, durable goods, employment, goods orders, oil

Carney Faces Grilling from Treasury Select Committee


"Europe is expected to open lower on Tuesday, tracking similar losses in the U.S. and Asia as commodities continue to come under pressure, weighed down by the ongoing appreciation in the dollar. We did..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-24 09:13
Taggar: dollar, oil

Oil Supply Glut Causes Tanker Traffic Jam


"Here’s a traffic jam that will actually make drivers smile. It’s no secret that a massive supply glut has caused global oil prices to crash this year. Ferocious production from OPEC and ne..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-23 18:09
Taggar: oil

Saudi Arabia to Help Stabilize Oil Prices


"Crude prices slumped, rebounded sharply and then lost their gains all in the space of a couple of hours Monday after Saudi Arabia ? the world’s largest export of petroleum ? said it would cooper..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-23 17:59
Taggar: market, oil, rate

Volatile Oil Bounces After Saudi Arabia?s Comments


"Oil prices fell on Monday, releasing fleeting gains made after the Saudi Arabian cabinet reiterated its commitment to work with other producers, as a firm dollar and concern over global oversupply rea..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-23 17:50
Taggar: dollar, oil, rate

Oil Prices Have Just Bounced ? Here?s Why


"Crude prices slumped and then rebounded on Monday after Saudi Arabia ? the world’s largest export of petroleum ? said it would cooperate with all oil producing countries to help stabilize the oi..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-23 15:57
Taggar: market, oil, rate

USD/CAD Loonie Lower After Volatile Oil Prices


"CAD Lower But Bounces Slightly After Oil Surge The Canadian dollar continued to fall versus the U.S. dollar on Monday. The USD was off to a roaring start to the trading day as the USD/CAD broke throug..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-23 00:01
Taggar: dollar, oil, trading

Oil Lower After Global Oversupply Put Pressure on Price


"Oil prices fell on Thursday, with U.S. crude dipping below $40 per barrel, retreating from early gains amid a persistent global glut of crude and refined fuel. Rising U.S. stockpiles served as the mos..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-19 18:33
Taggar: gold, market, oil

Oil Market Holds Nerve Ahead of US Stockpile Data


"Oil prices edged up in early trading Wednesday following reports of that U.S. crude stockpiles are falling but analysts remains wary ahead of official data later on in the day, fearing prices will rem..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-18 13:48
Taggar: oil, report, trading

USD/CAD Loonie Higher As US Inflation Fail to Spur USD Gains


"USD/CAD Loonie Higher As US Inflation Fail to Spur USD Gains Canadian Currency Losing Oil Support Ahead of Fed Minutes The CAD recovered after yesterday losses after lower than expected Canadian manuf..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-17 00:04
Taggar: currency, economy, inflation, loonie, oil

New Canadian Finance Minister Says Spending Plan Took Low Oil into Account


"Canada needs to keep a close eye on low oil prices, which the ruling Liberal Party took into consideration when drawing up an election platform that called for extra stimulus, new Finance Minister Bil..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-16 18:46
Taggar: finance, oil, report

Oil Drops as Uncertainty and Oversupply Drive Price to Near $40


"Oil prices edged lower on Monday as investor concern about the economic impact from Friday’s deadly attacks in Paris, claimed by Islamic State, and a global glut of crude supplies kept prices in..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-16 18:33
Taggar: oil

USD/CAD Loonie Flat After Volatile Oil Price and Soft Manufacturing


"Oil Headed to $40 Before Recovering to $42 Lifting USD/CAD The Canadian dollar had a rough start to week with the release of the Canadian manufacturing sales report coming in below expectations. Forec..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-16 00:07
Taggar: currency, dollar, manufacture, oil, report

Record Oil Glut Stands at 3bn Barrels


"A record glut of oil is set to continue into next year and maintain pressure on prices, the International Energy Agency said on Friday. Stockpiles stand at a record three billion, the IEA said in its..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-13 17:01
Taggar: market, oil, report

Record Oil Stockpiles an ?Unprecedented Buffer': IEA


"Record global oil stockpiles could offer an “unprecedented buffer” in times of geopolitical shock, the International Energy Agency (IEA) said on Friday, as it forecast demand growth would..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-13 16:29
Taggar: market, oil

Oil Drops Below $42, Markets Eye Key US Numbers


"Crude oil prices continue to fall, as a barrel of WTI crude is trading $41.91 in Friday’s European session. In economic news, it’s a busy day, as the US releases three key releases  –..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-13 13:56
Taggar: consumer confidence, dollar, indicators, oil, retail sales, trading

USD/CAD Oil Price Drop Offsets Canadian Housing Prices


"The tumble in the price of crude put downward pressure on the CAD that depreciated agains the USD. The USD/CAD rose by 0.146 after analysts cut price forecasts for oil and Fed members were net hawkish..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-12 22:25
Taggar: oil, rate

Venezuela Says Informal OPEC Meeting Planned Ahead of December


"Oil ministers of OPEC nations will hold “candid, informal” talks on Dec. 3, a day before the group’s formally scheduled meeting in Vienna, Venezuela’s oil minister said on Wedn..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-12 18:13
Taggar: market, oil

IMF Lagarde Calls Gulf Nations to Reform Economies


"On a trip through a Gulf squeezed by low oil prices, the head of the International Monetary Fund repeatedly called on countries to cut back on subsidies, lower government spending and consider levying..."

Blog: OANDA Forex Blog
Tidsstämpel: 2015-11-12 17:47
Taggar: oil

Japan?s Wholesale Prices Slide 3.8% in October


"Japan’s wholesale prices dropped 3.8 percent from a year earlier in October for the seventh straight month of fall, dragged down by lower crude oil prices amid concerns about China’s slowd..."