
FxWirePro: Key charts explaining crude oil inventories and production report of EIA
Nov 09, 2017 12:37 pm UTC| Commentary
Here are some key charts based on data from United States Energy Information Agency (EIA) that explains the level of inventories, refinery demand, and production. Chart 1 shows crude oil production in the United...
U.S. under Trump Series: Reports suggest Russian lawyer- Trump Jr. Meeting - a setup to frame Trump
Nov 09, 2017 12:00 pm UTC| Commentary
Earlier this year, information emerged that during the campaign Donald Trump Jr. and Presidents son in law Jared Kushner met with a Russian lawyer Natalia Veselnitskaya, who promised to share sensitive information on...
Global Geo-political Series: Saudi crackdown deepens with bank accounts and assets freeze
Nov 09, 2017 11:11 am UTC| Commentary
Earlier this week, Saudi Arabias crown prince Mohammad bin-Salman, who replaced his elder cousin Mohammad bin-Nayef to become next in line to the throne after his father King Salman by a royal decree has further tightened...
U.S. Treasuries narrowly mixed ahead of super-long 30-year auction, initial jobless claims
Nov 09, 2017 11:10 am UTC| Commentary
The U.S. Treasuries traded narrowly mixed Thursday as investors wait to focus on the countrys initial jobless claims, scheduled to be held today by 13:30GMT. Also, the countrys 30-year note auction, due today by 18:00GMT...
Nov 09, 2017 11:00 am UTC| Commentary
According to the latest data collected from Turkish Ceyhan oil port by tanker trackers, show that oil supplies from Kurdistan once again rising after a sharp drop in October over the conflict between Iraq and the...
No change expected from the BoE until 2019, says Royal Bank of Canada
Nov 09, 2017 08:48 am UTC| Commentary Central Banks Economy
The Bank of England is not expected to deliver any change in its monetary policy decision until at least 2019. The central bank voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a...
Oil in Global Economy Series: Platts estimates OPEC production down 90,000 bpd in October
Nov 09, 2017 08:28 am UTC| Commentary
A monthly survey conducted by Platts suggests that the production within OPEC is down 90,000 barrels per day (bpd) in October, compared to September. A separate survey conducted by Reuters suggests that production has...