Iraqi oil minister Jabar al-Luaibi crossed the newswires in the last hour explaining that they would decide whether or not they would increase their output if OPEC decides to ramp up production at the
Analysts at ANZ explained that ahead of a major week for central bank meetings, key data releases and the US-North Korea Summit today, financial markets were becalmed despite the G7 discord post last
Gold post modest gains but continues limited above $1300. Technical outlook shows some bullish momentum but not strong enough. Key events ahead: Tump-Kim Jong Un meeting, US CPI and FOMC. The yellew m
Analysts at TD Securities are staling ling of the yen into this risk-laden week. Key Quotes: "With the Fed set to deliver a widely expected rate hike and the ECB to have a more fruitful discussion abo
GBP/JPY encounters resistance ahead of 148 on Monday. The UK data shows that the economy continues to weaken. Earlier today, a relatively high risk appetite weighed on the safe-haven JPY and allowed t
According to analyst at Standard Chartered, the Federal Reserve is likely to raise the policy rate while they expect the rate dot plot to reflect four hikes in 2018. Key Quotes: “We expect the FOMC to
According to analysts at the National Bank of Canadat he longer the negotiations about NAFTA continue, the weaker Canada’s negotiating position could become. Key Quotes: “Notwithstanding the war of wo
The International Monetary Fund (IMF) Managing Director Christine Lagarde has recently delivered a joint statement with the WTO Chief Azevedo and Germany's Merkel. Lagarde said that the cloud over the
GBP/USD's Europen recovery has been capped at 1.34 the figure. A Rate hike in August ?- Not likely. The focus for sterling over summer to shift back to Brexit politics. GBP/USD's Europen recovery has

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