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25 Oct 2022

IEA’s Birol: World is in the middle of the first truly global energy crisis

International Energy Agency (IEA) Chief Fatih Birol said on Tuesday that “the world is in the middle of the first truly global energy crisis.”

Additional quotes

The decision from OPEC+ to cut output by million bbl/day is a risky one, especially as several economies are on the brink of recession.

Global LNG markets will tighten further in the next year as Europe's imports will increase and demand from China may rebound.

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Oct 25, 2022

USD/JPY: The trend should still be higher – Goldman Sachs

Analysts at Goldman Sachs stick with their bullish outlook on the USD/JPY pair over the coming weeks. Key quotes "JPY took another hard round-trip on
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Oct 25, 2022

PBOC relaxes overseas funding as yuan drops

The People's Bank of China (PBOC) said in a statement on Tuesday, it raised a parameter on cross-border corporate financing under its macro-prudential
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