OPEC+ will raise oil production by 548,000 barrels per day in August. This is faster than expected. OPEC+ had previously announced increases of 411,000 barrels …
Category: Forex Short News
US stock market sentiment might feel frothy because it’s been a one-way TACO trade since Trump backed down on Liberation Day tariffs but most sentiment …
Get some good rest with this long weekend because next week we have some important events that could potentially trigger big moves in the markets. …
Composite PMI 44.0 vs 45.5 prior Key findings: Lack of new business weighs on activity Costs and selling prices rise at greater rates Confidence in …
Inflation expectations are well anchored. ECB must be more agile when using forward guidance. These are just token remarks and the ECB has been more …
India is proposing retaliatory duties at WTO against US tariffs on auto parts. They say 25% import tariff on vehicles and some auto parts by …
There’s basically nothing on the agenda today other than the Canadian Services PMI. The newsflow has been very limited and the price action in markets …
Credit Agricole highlights that renewed political and fiscal risks are weighing heavily on the GBP, with echoes of the traumatic September 2022 gilt crisis continuing …
Headlines: Traders pare back their dovish bets on the Fed after the positive NFP report Trump says countries have to start paying tariffs on 1 …
Reuters reports that the OPEC+ meeting has been moved to Saturday 5th of July due to Ashura holiday. The group has been steadily adding back …