Search Results for: BP
Monday, January 23: OSB G10 Currency Pairs Cheat Sheet & Key Levels
January 23rd, 2017
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for January 23. EURUSD Open 1.0661, High 1.0709, Low 1.0625, Close 1.0699, 0.34% Change. GBPUSD Open 1.2342 High 1.2380 … View table below
House prices up by 3.4% in the euro area
January 21st, 2017
House prices, as measured by the House Price Index, rose by 3.4% in the euro area and by 4.3% in the EU in the third quarter of 2016 compared with the same quarter of the previous year. These figures ...
Pound Sterling to Avoid a 10% Hit Against the Euro and Dollar say Credit Suisse
January 19th, 2017
Pound to Euro exchange rate today: 1.1560 Euro to Pound Sterling exchange rate today: 0.8652 Pound to Dollar exchange rate today: 1.2324 Pound Sterling was forecast to take another 10% slump on hard-Brexit manifesting itself according to Credit Suisse ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
$25 trillion investment needed to meet future oil demand
January 18th, 2017
The world needs to invest $25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the World Economic Forum in Davos on Tuesday. According to the ...
Focus Still on Pound Sterling Today as Employment and Earnings Data Ahead
January 18th, 2017
Pound Sterling is in focus once again in mid-week trade as it falls back from recent highs. While the political agenda is likely to subside in importance for the UK currency now that speculation over what Brexit will look ...
Oil rises on weaker dollar, U.S. production outlook caps gains
January 18th, 2017
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 17 cents at $52.65 ...
The Pound to Euro Steadies Ahead of May Speech
January 17th, 2017
In a much anticipated speech, UK Prime Minister May should at 1:145GMT introduce the concept of a ‘Clean Brexit’. All the indications in the British press suggest it will be modelled on a series of views outlined in a ...
PEGAS achieves record results in 2016
January 17th, 2017
PEGAS, the pan-European gas trading platform operated by Powernext, recorded its best annual traded volume with a total of 1,733.3 TWh traded in 2016. This represents an increase of 69% compared to 2015 (1,024.8 TWh). This development was achieved ...
Oil prices mixed on Saudi commitment to cut output, investor scepticism
January 17th, 2017
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be ...
