By Charles Ellinas Following the OPEC+ (OPEC plus Russia) agreement on Sunday to raise crude oil production by 400,000 barrels/day each month, starting from August, Cypriots should see a fall in fuel
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Tuesday as oil prices rallied after OPEC+ abandoned output talks with no new date set for more discussions. European
By Lukman Otunuga, Senior Research Analyst at FXTM OPEC and its allies will be under the spotlight on Thursday as they discuss their oil production plans for the next few months. Markets
For different reasons, each of the two main commodity products with high marketability, oil and copper, have for a few weeks now entered a new upward cycle, or “super cycle”, according to
By Han Tan, Market Analyst at FXTM Asian stocks and US equity futures are mixed as investors brace for imminent cross currents on Wednesday, including the latest FOMC policy outlook, US President
By Han Tan, Market Analyst at FXTM Risk assets are looking to end the week and the year on a high. US stock futures are edging into the green, indicating the S&P
By Han Tan, Market Analyst at FXTM Asian stocks are mostly higher on Friday, while US equity futures are also pointing north, as risk appetite tries to overcome concerns over the efficacy
By Lukman Otunuga, Senior Research Analyst at FXTM The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations of further stimulus for
Banks in the Gulf Cooperation Council (GCC) region will see their profits fall this year as economies shrink amid the coronavirus outbreak and lower oil prices, but have adequate capital underpinning their
The disruption to energy markets and enduring behaviour changes caused by the coronavirus crisis, may deliver lasting change to energy consumption, Moody’s Investors Service said in a report, with the oil and
