The WTI crude oil is falling by 0.9% due to an increase in information on US oil inventories, and traded at the price of 46.3 dollars per barrel.
US dollar
Market News Briefing – November 2nd 2016 08:00 (GMT+1)
The Asian trade is conducted with price declines on concern rising on US election results next week.
At the same time, the Japanese yen rises against the US dollar, the Swiss franc and gold.
Market News Briefing – November 1st 2016 09:10 (GMT+1)
After a drop by 3.8% yesterday, so far today the oil returned to increase.
WTI barrel now costs 0.4% to the price of 47.1 dollars per barrel.
Market News Briefing – Oct. 28th 2016 07:30(GMT+1)
Following the strengthening of expectations that the US interest rate rise is closer, the US dollar is at a three-month peak versus the Japanese yen.
The US currency rising by 0.1% and was trading around 105.4 yen to the dollar.
Market News Briefing – Oct. 26th 2016 12:00 (GMT+1)
The prices of the oil are going down by more than 1% when the price of a barrel of Brent stands at 50.2 dollars a barrel and the WTI stands at 49.3 dollars a barrel.
Market News Briefing – Oct. 26th 2016 08:00 (GMT+1)
WTI oil was down by 1.1% yesterday and closed at the level of 49.96 US dollars per barrel.
This was the first time this week that his price closed below 50 US dollars a barrel, and one of the reason is the forecast of an increase of 400 thousand barrels in the US inventory.
The Brent oil fell by 1.3% and closed at a price level of 50.8 US dollars per barrel.
Market News Briefing – Oct. 21st 2016 08:05 (GMT+1)
The Euro fell to its lowest level in seven months against the US dollar, in light of the remarks made by European Central Bank head Mario Draghi which weakened the Euro and boosted the dollar.
Draghi sign that the policy makers may extend its bond purchase target beyond the date set for March.
He also denied earlier reports that the central bank is considering to reduce the volume of quantitative easing, and with that he provided another signal to sell Euros.
Market News Briefing – Oct. 21st 2016 07:45 (GMT+1)
This morning the Japanese yen weakened against the US dollar by 0.1%, trading at about 104.1 yen to the dollar.
Market News Briefing – Oct. 21st 2016 07:30 (GMT+1)
The oil prices retreated yesterday from a high of 15 months.
The Texas sweet oil ended at a price level of 50.43 dollars a barrel, a decline of 2.3%.
Market News Briefing – Oct. 20th 2016 10:00 (GMT+1)
UK retail sales rose in September by 4.1% compared with the same month last year.
The pound down on data by 0.15% against the US dollar in exchange of $ 1.22.
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