Fears of enhanced production by U.S. shale producers, hoping to cash-in on recent increases in the price of crude have pushed the commodity lower, as concerns rise regarding the potential for significant market-saturation once more. Prices of the commodity had soared in the wake of the signing of the OPEC deal designed to reduce oil-market-saturation, … Continue reading Fears of U.S. Shale Oil Increase Push Oil Down
The election of Donald Trump brought with it a considerable rise in many U.S. bank stocks, on the notion proposed during the President-Elect's campaign of reduced regulation and a generally more laissez-faire approach to the banking sector. Significant increases experienced by U.S. banking giants such as Citi Group, Bank of America and JPMorgan Chase subsequent to … Continue reading Analysts Predict Trump Inauguration Will Continue Lifting U.S. Bank Stocks
The euro is predicted by many to be subject a considerable degree of volatility in the coming year, as election season in many of the continents major nations begins to gather pace. With many of Europe's establishment candidates facing notable challenges from populist candidates, the upcoming election season promises to instil significant volatility in the … Continue reading How Will the Euro Fare in 2017?
The U.S. dollar concluded the trading week down against the Chinese currency after Beijing attempts to stem currency outflows from the country, in an effort to prevent further reductions in the value of the yuan. Beijing has implemented new mechanisms of preventing currency outflow from China, most notable of which are increased controls on outbound … Continue reading U.S. Dollar Ends Week Down Against Yuan