January 6, 2015
Why has the price of oil declined so much? From the end of June 2014 to the end of December 2014 the price of oil has declined by almost 50%. Since the start of 2015 we have declined further, sitting at around $49 at the moment on WTI oil. But why has the price fallen… View Article
December 18, 2014
Well just a quick update of what has been happening this week: USDRUB has been trading in a range of 2000 points at the start of the week. The Ruble has been slowly falling in the past few month and dropped about 1200 points. USDRUB has been trading around 35-36 for most of the year… View Article
December 18, 2014
The main event was the rhetoric change and updated forecasts below. FOMC removes ‘considerable time’ from guidance, replaced with ‘patience’ FOMC says ‘patience’ is consistent with ‘considerable time. Updated forecasts from the FOMC 17 December 2014 GDP raised for 2014 2.3% – 2.5% vs 1.8% – 2.3% 2015 GDP range unchanged 2.1% – 3.2% 2016… View Article
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