11 April, 2016 by The TZ Newswire Staff Comments Off on Russia’s Novak sees oil price at $40-45 per barrel in H2 2016
Russia’s Novak sees oil price at $40-45 per barrel in H2 2016
Russian energy minister out on Reuters
– rising to $50 by year end.
– may reach $60-65 in 2017/2018
– Doha deal may allow speed up of oil market rebalance by 3-6 months
Novak talking his book and hoping. Not an unreasonable ask from current levels though,
11 April, 2016 by The TZ Newswire Staff Comments Off on These countries could threaten Doha oil deal
These countries could threaten Doha oil deal
Hopes of an oil production freeze at a meeting between OPEC and non-OPEC oil producers this coming Sunday are looking over-optimistic.
11 April, 2016 by The TZ Newswire Staff Comments Off on Preview: UK inflation data expected to show more positive tones
Preview: UK inflation data expected to show more positive tones
UK CPI, RPI and PPI all being released at 08.30 GMT
Yes folks it’s your GBP data risk event of the day and it’s looming large.
Firmer commodity prices and the weaker pound are expected to combine and produce firmer readings. There is also the rise in university tuition fees to throw into the mix
11 April, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Italy’s banks to get a state-backed $5.7 billion backstop
The Wall Street Journal: Italy’s banks to get a state-backed $5.7 billion backstop
The Italian government moved ahead with a privately funded investment vehicle aimed at shoring up weak banks and reducing bad loans.
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11 April, 2016 by The TZ Newswire Staff Comments Off on EURJPY orders 12 April
EURJPY orders 12 April
Currently 123.55 enjoying some respite but off session highs.
Expect rally sellers still amidst good two-way business for the moment.
Offers: 123.80 124.00 124.30 124.50 124.80 125.00
11 April, 2016 by The TZ Newswire Staff Comments Off on AUDUSD orders 12 April
AUDUSD orders 12 April
Currently 0.7631 after failing around 0.7650.
AUDJPY playing out as I highlighted . Now 82.54 after capping at 82.88 bang on cue.
here
Offers: 0.7650-55 0.7580 0.7600 0.7625-30 0.7650 0.7700 0.7720 0.7735-40 0.7750 (strong)
11 April, 2016 by The TZ Newswire Staff Comments Off on Trading Ideas – European session 12 April
Trading Ideas – European session 12 April
Your daily thread for readers’ trading ideas and discussion.
Day 2 of a new week so has anything changed your reasoning or positioning?
Share all with your ForexLive community here.