Month: June 2018

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  Trade war fears brushed aside as the euro bounces back

  EUR/USD up 55 pips Fading trade war headlines is suddenly the best strategy in markets. The latest threat from Trump was the main headline today[...]
  2018-06-24 19:27:07

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  Bitfinex chief strategy officer departs

  Bitfinex and Tether back in the news Bitfinex Chief Strategy Officer Phil Potter is leaving the company in a 'mutual parting of ways', . He[...]
  2018-06-24 19:27:07

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  CFTC Commitments of Traders: Some big shifts in positions

  CFTC commitment of traders highlights for the week ending June 19, 2018 Highlights:  
  2018-06-24 19:27:07

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  Conflicting headlines cross on the OPEC decision

  Saudi says 1 million barrel per day hike Two reports are hitting at the same time. The first cites the Saudi oil minister talking about[...]
  2018-06-24 19:27:07

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  Watch live: OPEC press conference

  Watch the OPEC press conference . Click here to watch it live In other news, Congo and its 350K bpd will join OPEC.
  2018-06-24 19:27:07

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  OPEC president: How production has been allocated has not yet been decided

  From Mazrouei: This is such a confusing move. The communique sounds like a win for the countries that didn't want to produce anymore (because they[...]
  2018-06-24 19:27:07

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  US June prelim Markit services PMI 56.5 vs 56.5 expected

  Preliminary readings on services and manufacturing from Markit The Philly Fed was also soft yesterday.
  2018-06-24 19:27:07

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  Trump cheers on OPEC in a tweet

  Trump wants more oil This pretty much confirms that the US called around and asked a few OEPC members to pump more. What's not exactly[...]
  2018-06-24 19:27:07

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  Trump says 20% tariff coming on European cars if EU tariffs aren't removed

  Sentiment hit after tweet Quick move down in the S&P 500 to 2756 from 2764. Better get that Benz you've been hoping for soon.
  2018-06-24 19:27:07

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  A 25% tariff on EU cars would add around 10,000 euros to price - doc

  European Commission memo obtained by Bloomberg Trump threatened a 20% tariff on EU cars today. It's something the European Commission has considered. They noted in[...]
  2018-06-24 19:27:07

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