Oil Will Be Cheaper

Economic News
2018년 6월 05일
Oil Will Be Cheaper

The US dollar has begun to recover; as of the time of this article's writing the dollar index again exceeded the 94.00 mark and at the moment the value of commodities is reduced. The only instrument currently showing a rise in prices is aluminium, which gained +0.71%.

Prices for gasoline and oil sagged significantly since yesterday in connection with the US appeal to some OPEC member countries to increase production volumes by about 1 million barrels per day. This is a necessary step in response to the crisis in Venezuela and the US withdrawal from the nuclear deal with Iran.

Furthermore, with regard to sanctions, the United States has a clear plan for the lifting of sanctions on North Korea, but after complete denuclearization. Perhaps this process will be accelerated after a potential meeting between Trump and Kim on June 12. Until that moment, Donald Trump said that any change in the relationship cannot be considered.

SuperForex
New Government in Italy

Economic News

New Government in Italy

Tensions are rising in Europe once again.

SuperForex
2018년 6월 04일
Event Overview

Economic News

Event Overview

SuperForex
2018년 6월 04일
The Trade War is Starting

Economic News

The Trade War is Starting

The US has decided to slam the EU, Mexico, and Canada with tariffs, alongside China.

SuperForex
2018년 6월 01일