Gazprom’s concessions – possibly improved after today’s meeting

Asian markets trade today Major markets are closed today, due to holiday. Asian markets were moving flat, after the North Korea's latest ballistic missile. North Korea tested the ninth missile this year. It has fired the missile near the country's cost. It landed in the Sea of Japan. Before landing, the missile was in the [...]

By | 2017-05-29T07:14:25+00:00 May 29th, 2017|Financial, International|0 Comments

Will OPEC make it to co-exist with U.S. shale oil ?

At the beginning , they ignored each other. After a while, they went into a bruising fight. Now, finally, they are talking, although with opposing agendas. The evolution of the relationship between OPEC and the United States oil industry now lasts for about 5 years. 5 years ago, OPEC discovered it has a rival emerging [...]

By | 2017-05-28T11:04:21+00:00 May 28th, 2017|Financial, Governments, International, Oil Market|28 Comments

Short Overview of main Weekly deals & economic events

United States Nasdaq and S&P 500 overcame the last week's losses. They were at the record levels on Friday's closing, observing the period of two weeks. Strongly supported by the surge in tech stocks, as well as the political unrest which is taking place in U.S. these days.   OPEC & Oil OPEC and non-OPEC countries [...]

By | 2017-05-28T06:41:49+00:00 May 28th, 2017|Financial, Governments, International, Oil Market|0 Comments

Base Metals forecasts, China’s demand; Weekly overview

U.S. GDP Statistics & Data By the official info which came out today, the U.S. economy grew faster than initially reported. Observing the period of the first three months of 2017, statistics data show that U.S. economy actually reached the levels among expected. It eased concerns about a potential slowdown in the U.S. trading & economic [...]

By | 2017-05-26T18:40:01+00:00 May 26th, 2017|International|0 Comments

Oil price drops; Base Metals down

Main economic events in Market Today: U.S. Core Durable Goods Orders (MoM)(Apr) fell to actual -0.2% while forecast was 0.4% U.S. Gross Domestic Product (GDP) QoQ fell to actual 0.7% while forecast was 1.2% U.S. GDP Price Index QoQ rose to actual 2.2% while forecast was 2.0% U.S. Michigan Consumer Expectations came to actual 88.1 [...]

By | 2017-05-26T07:18:45+00:00 May 26th, 2017|International, Oil Market|0 Comments

Base metals on LME edge higher today

Main events in today's market: Oil volatile on expectations of OPEC's final decision Rate hike odds drop after Fed signals gradual tightening Global stocks move higher after Fed minutes, OPEC in focus K. economic growth revised lower in first quarter Bitcoin rally keeps going; tops $2,600 For further info on these subjects, visit: LME Morning [...]

By | 2017-05-25T10:44:07+00:00 May 25th, 2017|International|0 Comments

SHFE: Copper Prices retreat, Other base metals divergent

Base metals prices and trends on the Shanghai Futures Exchange were on different paths this morning. Copper prices leveled higher after the dollar pulled-back on an uncertain outlook for post-June US rate rises. ''The most-traded July copper contract on the SHFE rose 140 yuan ($20) or 0.3% to 45,920 yuan per tonne as of 03:26 [...]

By | 2017-05-25T07:12:45+00:00 May 25th, 2017|International|0 Comments

Gold dips impacted by macroeconomic factors

Top things to know in today's Market China downgraded by Moody's for first time since 1989 Metals slump on China downgrade Fed minutes on tap Gold dips, dollar steady ahead of Fed minutes Oil continues bullish run ahead of OPEC meeting For further info on these 5, visit:    Gold prices European trade today [...]

By | 2017-05-24T11:17:25+00:00 May 24th, 2017|International|0 Comments

BHP enforces to dredge new nickel mines in Western Australia

Today's Morning trade Global Base metals prices on the SHFE were mainly lower today. The copper prices were oscillating between slight gains and losses. As consolidation set in following the rally seen since May 19. The most-traded July copper contract on the SHFE was unchanged at 45,770 yuan ($6,644) per tonne. As of 05:00 BST. [...]

By | 2017-05-24T06:59:13+00:00 May 24th, 2017|International|0 Comments

April Copper imports in China: Fall of 41% due to tighter financial regulation

May 23rd; Main events in financial market: Sterling slips after deadly Manchester terror attack Global stocks mixed in cautions trade Oil price oscillates as OPEC meeting draws closer Euro zone business activity rises at fastest pace since 2011 Bitcoin keeps growing; tops $2,200 For further info on these subjects, visit:   The monthly analysis [...]

By | 2017-05-23T11:56:07+00:00 May 23rd, 2017|International|0 Comments