Russia and Saudi Arabia reach an agreement to increase oil production

Oil prices declined after June 14th announcement by Russia of having reached an agreement with Saudi Arabia to increase production. Nevertheless, oil producers remain divided on the increase.

Mon, 06/18/2018 - 09:40

COT indicator shows how hedge funds strongly reduced their total positions on EURUSD

Euro fell to 1.1610 (+0.36%) against the Dollar on June 15th, recovering from the strong decrease suffered on June 14th, soon after the ECB's decisions to end its Quantitative Easing programme and at the end of a trading week which saw new geopolitical tensions due to another chapter of the trade war between United States and China, with US president Donald Trump who declared to levy $50B tariffs against Chinese products. 

Mon, 06/18/2018 - 09:17

ECB ends QE in 2018 but takes a dovish choice on 2019

End of quantitative easing in December and interest rates held steady at least until the summer of 2019. The June meeting of the European Central Bank ended with the long-awaited announcement of a new phase of eurozone monetary policy.

Fri, 06/15/2018 - 10:17

The FED hikes rates by 25 bp, hinting for others 2

As expected, the FED’s Federal Open Market Committee raised US interest rates for the second time this year, at the end of its June 13th meeting. After the last hike in March, analysts expected a 25-point basis hike at 1.75-2%.

Thu, 06/14/2018 - 10:02

Oil prices fall, amid concerns of OPEC next moves on production curbs

Oil prices fell on June 13th, as a consequence of rising supplies in the United States, mainly due to the shale oil industry activities, and expectations that voluntary output cuts imposed by  OPEC could be loosened.

Wed, 06/13/2018 - 09:55

COT indicator shows how investors are still puzzled on the GBPUSD's trend

The Pound fell to 1.3373 (-0.04%) against the Dollar as of 7:58 PM GMT on June 12th, recovering from the weakest levels in about six months touched two weeks ago, amid uncertainty surrounding the Brexit, as Prime Minister Theresa May averted an internal revolt within the Conservative Party, although the 'no deal' scenario is still the most likely.

Wed, 06/13/2018 - 09:54

Major 100 cryptocurrencies falls, amid regulatory woes

Hard times for cryptocurrencies seem not to be ended yet, after a recent decline that, at least for the moment, is scuttling the business. 

Tue, 06/12/2018 - 10:00

Investors increase further their bets on the FED hiking rates on next June 13 FOMC

Investors bet on up to 5 interest rate hikes by the FED this year, according to CME FedWatch tool. The FedWatch calculates the probabilities given to a target rate spectrum, for the next FOMC meetings.

Tue, 06/12/2018 - 09:56

Investors withdrew $12,3B from emerging markets in May

The dollar surge (dollar index have risen + 3% since mid-April ) has put pressure on emerging markets. A recent report by IIF shows that there has been a net outflow of foreign capital for $12.3B from emerging economies in May, equally redistributed between bonds and shares.

Mon, 06/11/2018 - 09:49