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7 Feb 2019

Banks lowered 2019 oil price forecast in January - WSJ

Banks last month lowered slightly their forecasts for oil prices in 2019. 

Brent crude is now expected to average just over $67 per barrel, down from the previous estimate of $69, according to a poll of 11 investment banks conducted by the Wall Street Journal. 

Oil prices, however, are seen rising in the first half of the year, courtesy of the OPEC-led production cuts and drop in supplies from Iran and Venezuela. 


 

Feb 7, 2019

NZD/USD Technical Analysis: Looks south after biggest single-day drop since Aug. 9

The NZD/USD pair fell 1.74 percent yesterday - the biggest single-day drop since Aug. 9 - and could soon drop to 0.67 as a weaker-than-expected New Ze
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Feb 7, 2019

US Treasury Sec. Mnuchin: Outlook for the US economy this year is quite strong

CNBC reports the recent comments delivered by the US Treasury Secretary Mnuchin in the “Squawk Box” interview late-Wednesday. Mnuchin's comments came
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