Catalonia Crisis: Five-day ultimatum unlikely to solve gridlock between Puigdemont and Rajoy
Oct 12, 2017 10:39 am UTC| Commentary
After having a consultation with the Cabinet, Spanish Prime Minister Mariano Rajoy issued a five-day deadline to the Catalan Independence leader Carles Puigdemont on Wednesday to clarify his position on Independence. It...
Oil in Global Economy Series: U.S. oil exports now beat majority of OPEC members
Oct 12, 2017 10:06 am UTC| Commentary
The crude oil exports from the United States are quickly becoming a key influencing factor in the global oil market, which even after more than three years of price decline remains oversupplied. According to data from the...

Oil in Global Economy Series: Libya unlikely to join supply cut agreement as production struggles
Oct 12, 2017 09:49 am UTC| Commentary
While Nigeria is expected to be pressured to join the OPEC supply reduction initiative by both OPEC members and non-OPEC participating countries like Russia when they meet to discuss the future of the agreement in Vienna...
UK gilts gain momentum following scant progress in fifth round of Brexit talks
Oct 12, 2017 08:40 am UTC| Commentary Economy
The UK gilts gained momentum Thursday as investors poured into safe-haven assets, following timid progress over the fifth round of Brexit negotiations that cast a shadow over the fate of the British economy. The yield...

Oil in Global Economy Series: Iraq continues to cheat OPEC agreement more than any other country
Oct 12, 2017 08:28 am UTC| Commentary
Data from OPECs monthly oil market report shows that Iraq remains the biggest cheater within OPEC when it comes to complying with the agreement. The chart, which is based on production data from secondary sources for the...

Oct 12, 2017 07:59 am UTC| Commentary Economy
Taiwans export sector is expected to receive support in the near-term on rising demand in the iPhone supply chains and synchronous recovery across the major markets. From the technical perspective, exports growth should...

Oil in Global Economy Series: Non-OPEC supplies expected to grow in 2017 and 2018
Oct 12, 2017 07:23 am UTC| Commentary
According to OPECs monthly oil market report, published this week, the oil supplies from major non-OPEC producers who are not part of the current supply-reduction agreement joined by non-OPEC countries like Russia are set...