Flames Propel Oil As Canada Pays The Price



The incredible human tragedy from the raging northern Alberta fires, have been felt in the oil markets over the past week. As soon as emergency crews started working on the evacuation of at least 88,000 people from Ft. McMurray and the outlook for the wild fire...

Financial Markets – Preview for Week Starting 8th May 2016



Major Events of Last Week A major global event occurred last Friday when the USA posted its eagerly awaited labor report for April. Investors were caught wrong-footed by weaker-than-expected details disclosing that US employers created just 160,000 new jobs last month...

Australia Cuts Interest Rate To Historic Low



With deflation looming, the Reserve Bank of Australia has cut its interest rate from 2% to 1.75%. This is the first time in a year that Australia cuts its interest rates, and it comes as the Reserve Bank aims to bring inflation to between 2% and 3%. This move will...

Dollar Keeps On Weakening



The value of the greenback keeps on sliding. Apparently the perceived slow-down in Fed interest rate hikes, has had its effect. Although many analysts are pointing to the fact that the Fed will likely hike rates even twice more before the year ends, the market seems...

Financial Markets – Preview for Week Starting 1st May 2016



Major Events of Last Week A crucial event, which occurred last Friday, witnessed the Yen surging towards an 18-month high against the US Dollar. Traders increased their bets that the Bank of Japan will now refrain from introducing any new stimulus measures over the...

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