crude oil forecast and outlook
China continues to raise voices of concern over its progress, Greece’s troubles are far from over (the talks over the debt restructuring should start this week) and Iran’s impact on the oil market is still unclear now that a nuclear…
The talks over the Greek debt crisis have started to subside, even though the drama continues. But for now, Grisis averted. The U.S.-Iran deal is also a big headline that also created some waves in the financial markets mainly in…
We had two highly important deals: on Greece and on Iran, and both have significant market implications. After digesting the deals and their impact down the road, we preview the events of the next two weeks. You are welcome to listen, subscribe…
The recent NFP report wasn’t far off the market estimates as 223K jobs were added back in June, albeit the overall it wasn’t too impressive with lower participation rate and no gain in wages. But for this week the main…
It was supposed to be short week that will focus on the latest non-farm payroll report, alas the Greeks will take center stage again as they will have a referendum on the proposed bailout plan set on July 5th. Athens plead…
The recent FOMC meeting and the ongoing saga around the Greek debt crisis, have kept pushing down the U.S. dollar against leading currencies and brought slightly up precious metals prices. These issues will continue to lead to news cycle and…
This week all eyes will be set towards the upcoming FOMC meeting, which will conclude on Wednesday and include an updated economic outlook and press conference. This time, the meeting is likely to stir up the financial markets and crowd…
The U.S. dollar changed course and rallied against the Japanese yen, Aussie dollar and Canadian dollar and remained nearly flat against the Euro. The GDP for Q1, second estimate, was released on Friday and showed a contraction of 0.7% —…
This week will be short on account of Memorial Day, but this doesn’t mean we could see a rise in volatility following the end of the long weekend in the U.S. financial markets. On this week’s agenda: U.S. durable goods,…
Even though the price of oil has settled around $60, which represents a 14% gain since the beginning of the year, it hasn’t budged from this mark in the past month. Holders of shares of The United States Oil ETF (USO),…