April 18, 2016
Morning all.. Wall St closed almost unchanged Friday as we waited for the Doha talks on an oil freeze but unfortunately an agreement was nowhere to be seen and Asian stocks fell with oil.. The Nikkei closed down 3.3% with China down 1.3%.. USDJPY was lower and oil related currencies like CAD and NOK lower…. View Article
April 18, 2016
The past weekend could be said to be the most anticipated weekend for traders and investors across the globe. Commodity traders especially oil traders and investors were patiently waiting or a decision from OPEC meeting in DOHA regarding oil output freeze. Also, Traders and investors in Emerging markets especially those exposed to Brazilian assets… View Article
April 15, 2016
OPEC will be meeting in DOHA on April 17, most market participants are expecting a possible production freeze in other to enhance oil price. Oil price has rallied from the lows of $26.00 to the highs of $43. This rally could be attributed to speculations about a possible production freeze by OPEC in the upcoming… View Article
April 15, 2016
Morning all.. Wall St was quiet and closed marginally higher in a choppy and rather confusing session yesterday.. Asia had a quiet night as well with the Nikkei closing down 0.65%.. FX markets have been quiet even with China GDP hitting consensus.. USDJPY made a new recent high at 109.73 but is drifting off as… View Article
April 14, 2016
Morning all.. Wall St had another good session closing up 1% again and the theme continued in Asia.. The Nikkei closed up just shy of 3% and most Asian markets were higher as the Monetary Authority of Singapore eased in Singapore. The MAS has announced that it is to slow the pace of appreciation in… View Article
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