crude oil forecast and outlook
The NFP report was much better than expected with headline figure of 292K jobs – the expectations were set much lower at 203K. But market concerns over China’s economic woes kept weighing on equities and commodities. On this week’s agenda:…
The first week of the year is upon us. This means markets return to function normally. This week entails several important reports that could drive back up market volatility. Some of these reports include: The U.S. NFP report, minutes of…
2016 is already here and we bring you a special outlook all dedicated to 2016: the path of interest rates, currencies, bonds, stocks and of course the slippery price of oil. Here is your guide to the new year. You are…
The main event of the month – the FOMC meeting – will be the focus of the week and is likely to move markets regardless of its outcome. The outcome will only play in determining market volatility and direction. A…
The NFP report didn’t cause too many waves as it was only slightly higher than anticipated and came after the ECB’s rate cut, which didn’t meet market estimates, and Yellen’s testimony that reaffirmed market expectations for a December hike. So…
The latest release of the minutes of the FOMC meeting didn’t much new information and in any case the tragic events in Paris at the end of last week took center stage all throughout the week. These events may have…
So after Goldman Sachs hit us up with the big headline a month back that oil prices could reach as low as $20 a barrel next year – back when the oil prices kept falling and even dipping below $40…
One of the main factors that dragged down oil prices is the glut in oil supply, in part, driven by higher OPEC output. Low oil prices has already started to bring down output of non-OPEC countries. But is this enough…
The Chinese economy remains in the news, and has been for a while, now that the uncertainty around what’s up ahead for the world’s second largest economy rises. One market that has suffered from the concerns over China’s economic progress…
The FOMC, as usual, didn’t make any major changes to its policy and didn’t offer any big headlines. But this was interrupted by the markets that there won’t be a September rate hike. Also, the U.S. GDP for Q2 came…