Brent Crude oil price is on secondary ranging below and near Ichimoku cloud waiting for the intra-day bearish trend to be continuing in case the price breaks 105.99 key level to below or the bullish reversal to be started in case the price breaks 113.86 to above. Crude prices continue to sway back and forth on news headlinesHow effective will OPEC + spare capacity prove to be if utilized?Oil ...
Germany's producer prices logged its fastest annual growth since 1982, data published by Destatis revealed on Tuesday. more...
New Zealand's central bank left its key interest rate unchanged after cutting the rate by 50 basis points in August. The Monetary Policy Committee of Reserve Bank of New Zealand headed by Adrian Orr, on Wednesday decided to hold the Official Cash Rate at 1.0 percent. The MPC observed that new information since August did not warrant a significant change to the monetary policy outlook. more...