EUR/USD jumped higher on the favorable results of the French elections. PMI and GDP data stand out in the first week of May, in the run up to the second round of the French elections. Manufacturing PMIs: Tuesday morning: 7:!5 in Spain, 7:45 in Italy, final French data at 7:50, final German figures at 7:55 and final euro-zone data at 8:00.German Unemployment Change: Tuesday, 7:55.Unemployment Rate: Tuesday, 9:00.Spanish Unemployment ...
Oil Q1 2017 Forecast - The Real Power of OPEC Will Be Revealed in Q1 2017 Fundamental Analysis "For traders who like to simplify the markets to a game of supply vs. demand, the Oil market in Q1 2017 should be their World Cup. Heading into the New Year, the OPEC and non-OPEC members will cut supply to the agreed upon amounts. Given this intent, the International Energy Agency (IEA) says recent OPEC action would place the ...