The news out of the meeting of the oil group:That 2mn number is misleading, though, as ANZ point out:the OPEC+ alliance agreed to cut current production quotas by 2mb/d. However, the group will...
US Dollar (DXY) AnalysisMarkets appear to be speculating on a stalling Fed in light of recent US dataDXY faces sizeable support as selling pressure appears to be dissipating. Bullish and bearish scenarios assessed...
The UAE is likely to support substantial oil production cuts proposed by Saudi Arabia and Russia at Wednesday’s Opec+ meeting in a blow to US efforts to try to stop the deal.Full Article"Two...
EUR/USD Rate Talking PointsEUR/USD trades near last week’s high (0.9854) on the back of US Dollar weakness, but the recent rebound in the exchange rate appears to be stalling ahead of the former...
