Resource Investor

DB1, CME: the ECB working group on euro risk-free rates is calling on market participants and interested parties to comment on its assessment of candidate euro risk-free rates against key selection criteria. The new euro risk-free rate will replace EONIA, which will no longer meet the criteria of the EU Benchmarks. …read more From:: Resource […]

There seems to be a growing sense of uncertainty over what to expect from today’s OPEC meeting in Vienna, given the disagreements among major oil producers around whether to boost output. …read more From:: Resource Investor

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Thursday, June 21, 2018. …read more From:: Resource Investor

Today’s news cycle is providing a reprieve from yesterday’s pressure and U.S. equity markets are responded thus far. U.S. benchmarks traded lower into the bell and although the S&P 500 and Russell 2000 secured outside bearish daily settlements, both the S&P 500 and Nasdaq failed to close below our major three-star support, which would have

The historic OPEC NON-OPEC production agreement became known as OPEC plus one. Russia became that plus one as they joined OPEC and conspired with them to reduce production and ultimately raise production and reduce supply. As OPEC meets today it is OPEC minus one. Iran seems to be the lone holdout from a production deal

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

The week started with the US and China announcing tariffs against one another which will come into effect on 6 July, and it will end with the European Union announcing counter-tariffs against the world’s largest economy in response to those already imposed. While much of what has been announced this week was already anticipated, the

The British pound was thrown a much-needed lifeline today following an unexpectedly hawkish statement and MPC vote split from the Bank of England. Market expectations over a possible UK interest rate hike this year were boosted after the monetary policy committee voted 6-3 in favor of keeping rates unchanged. …read more From:: Resource Investor

In a week where market headlines continue to be driven by a potential trade war breaking out between the United States and China along with the latest OPEC meeting in Vienna, traders are unable to ignore the likelihood that the upcoming weekend election in Turkey could create further volatility in the financial markets. …read more

After slipping from headlines for 24 hours, the United States and China trade tensions are stealing the show once again. Benchmarks around the globe are taking note and Europe is adding to pressures with Italian debt climbing on political concerns. The all-awaited June OPEC Meeting is underway. Saudi Arabia has defended the proposition to raise