EUR Gains on Hopes of German Coalition
The political instability in Germany improved over the weekend, as the leader of Bavaria’s conservative party endorsed an alliance with Germany’s Social Democratic Party (SPD). With voter pressure and...
View ArticleNorth Korea Missile Test Fails to Rattle Markets
Earlier today, North Korea launched an ICBM that flew higher and further than any previous test firing. The missile was launched from just north of Pyongyang, reaching a height of nearly 3 kilometers...
View ArticleUS Economy Expanding Faster Than Predicted
Data released on Wednesday showed that the US economy expanded at its quickest pace since 2014 in Q3. The US Commerce Department said that GDP grew at an annualized rate of 3.3% in the July to...
View ArticleOPEC Extends Output Cuts
On Thursday, OPEC (Organization of Petroleum Exporters) and non-OPEC producers led by Russia agreed to keep output cuts until the end of 2018. However, they also agreed to a possible early end of the...
View ArticleOil Strong On Iran Unrest
Crude Oil prices made a strong opening amid anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia. The biggest anti-regime protests in a decade saw thousands of people take to...
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