The result will be them sticking to the status quo. So, carry on as you will.The focus today in the oil market is on the purported threat of SPR releases by the Biden administration. But it is best to be reminded that strategic reserve releases will do nothing to fix structural issues in the oil mar
Schlagwort-Archiv: USD
ForexLive European FX news wrap: Dollar firmer going into month, quarter-end
Headlines:Oil down over 5% after Biden threatens biggest emergency oil reserve drawICYMI: Russia-Ukraine talks to resume again on 1 AprilJapan PM Kishida: FX stability is important, sharp moves are undesirableOPEC+ reportedly to stick with existing oil output plan in today’s meetingIEA to make OPEC+
OPEC+ JMMC meeting reportedly ends, recommends sticking with existing output policy
The headlines are from Reuters, citing sources with knowledge of the matter. As mentioned earlier, expect the OPEC+ meetings today to be brief as there isn’t anything that warrants extra consideration to deviate from their existing stance. As such, they will agree to increase oil output by 432k bpd
Germany March preliminary CPI +7.3% vs +6.3% y/y expected
Prior +5.1%CPI +2.5% vs +1.6% m/m expectedPrior +0.9%HICP +7.6% vs +6.7% y/y expectedPrior +5.5%HICP +2.5% vs +1.8% m/m expectedPrior +0.9%
ForexLive European FX news wrap: Dollar struggles, Spain and Germany inflation soars
Headlines:EUR/USD climbs to four-week high amid sluggish dollarThe early signs point to some brutal inflation numbers from EuropeSpain March preliminary CPI +9.8% vs +8.0% y/y expectedSaxony March CPI +7.0% vs +4.9% y/y priorBavaria March CPI +7.8% vs +5.3% y/y priorNorth Rhine Westphalia March CPI
Getting Investment Advice on Social Media: A Good Idea?
Going through a broad
range of investment ideas and advice on social media can be exhausting and
challenging. So, would it be better to look for financial information outside
social media?
range of investment ideas and advice on social media can be exhausting and
challenging. So, would it be better to look for financial information outside
social media?
If you tend to go to
social media to determine your next investment move, you need to proceed with
ca
US MBA mortgage applications w.e. 25 March -6.8% vs -8.1% prior
Prior -8.1%Market index 425.1 vs 456.2 prior Purchase index 267.1 vs 265.4 priorRefinancing index 1,295.1 vs 1,522.7 prior30-year mortgage rate 4.80% vs 4.50% priorThe fall in mortgage applications comes from another drop in refinancing activity, as the 30-year mortgage rate surges by 30 bps to its
Investing in Individual Stocks: Should You Do It?
Some of your investment dollars would likely end up
in stocks, whether you’re investing through a broker, for retirement, or with
an expert advisor (EA). However, holding individual stocks is not as common as
owning stock mutual funds and exchange-traded funds (ETFs).
in stocks, whether you’re investing through a broker, for retirement, or with
an expert advisor (EA). However, holding individual stocks is not as common as
owning stock mutual funds and exchange-traded funds (ETFs).
Now the question is,
shou
Euro jumps on peace hopes
Risk-on.The latest talks between Russia and Ukraine are producing some positive undertones as Ukraine cites progress and Russia also saying that talks were „constructive“. Going one better, Russia says that it is taking steps to deescalate the conflict in Ukraine. Of note, they are to cut militar
Ukraine negotiator: There have been enough developments to have Putin-Zelensky meeting
The headline in itself seems to suggest that we’re headed towards a Putin-Zelensky meeting but if I were to read it, it just means that they have laid out the groundwork for such a meeting to take place.Ukraine have put forward its proposal here and Russia has now responded by saying that they will