Световни източници

Световни източници Световни източници

Oil Prices Under Pressure After OPEC Secretary General's Comments

07.03.2017, 09:03:00 ч.

Oil prices are starting the day under pressure after the OPEC secretary general Barkindo said it was too early to talk about extending U.S. production cuts. There are also demand worries as China is expected to lower its growth target for the year to 6.5 percent, compared with 6.7 percent last year, and put in new rules to try to cut back on pollution. This comes as rising rig counts are offsetting concerns about fighting in Libya that is halting most of Libya’s oil exports. Libyan oil production reportedly has fallen close to 50,000 barrels a day to 650,000 as major export terminals have shut down due to fighting. Exports from Es Sider, the nation’s largest oil port, and Ras Lanuf, its third largest, have stooped. Libya oil production is still way below the high and this could create a void in what the market was expecting and should accelerate the oil market balancing.

US Economy: The Labour Force

08.02.2017, 08:57:00 ч.

In the next few years, the US economy is expected to grow faster than any developed country in the world. The IMF World Economic Outlook predicted that US growth will tip over 2% in 2017. This week, we will go through the main drivers of the US economy and analysis their performance, starting with the Labour Force.

Pound slips back as markets react to Brexit ruling

25.01.2017, 09:19:00 ч.

The pound has slipped back after the UK's highest court ruled on a legal challenge over the Brexit vote.

Chinese President Xi Jinping On Globalization

19.01.2017, 08:43:00 ч.

Chinese President Xi Jinping promoted global business in his speech on Tuesday, and earnestly appealed to global elites to reject the idea of a trade war.

World Rejects China’s Market Status

15.12.2016, 09:01:00 ч.

The World Trade Organisation (WTO) has declined to grant China its market economy status. This was a massive blow to China as they faced their third application rejection. Having a market economy status translates to instant lower tariffs amongst the WTO members.

Norges Bank Preview - Unchanged Rates And Neutral Bias Maintained

13.12.2016, 08:48:00 ч.

We expect Norges Bank (NB) to keep the sight deposit rate unchanged at 0.50% at Thursday's meeting and over the next 12M.

Italy: Referendum

02.12.2016, 09:00:00 ч.

Italy has a habit of leaving powerful marks on Western Society. The country is again about to influence the fundamentals of European life. In a post Trump-electorate and ‘’Brexit’’ world, Europe holds its breath as Italy becomes the latest nation in line to make history. The premise is all too familiar as voters face into a life altering referendum.

India: Demonetisation

30.11.2016, 08:52:00 ч.

In a bid to curtail inflation and black market activates, India have decided to abruptly discontinue their largest bank notes. By invalidating 500 and 1000 rupee bills the Indian Government hopes to reduce the amount of money circulating and to decrease inflation.

Saudis Send Oil Markets A Message

29.11.2016, 09:00:00 ч.

Oil prices dropped by 2 dollars a barrel on light volume after Saudi Arabia refused to attend a meeting with non-OPEC members over the weekend.

OPEC Playing The Market

17.11.2016, 09:13:00 ч.

The oil market rebounded after 3 consecutive losing days, from a weekly low of $42.20 today see’s the price reach over $46 per barrel.