by JD Lasinger | Oct 25, 2016 | Featured Posts
A free trade agreement between the EU and Canada has slipped beneath the radar on many news outlets. The Comprehensive Economic and Trade Agreement which was finalized under Canada’s previous government is now facing a roadblock in the southern Belgian region of...
by JD Lasinger | Oct 20, 2016 | Featured Posts
OPEC oil cuts may take a surprising turn. Venezuela which has been one of the most vocal members over the past 2 years, trying to get price boosts, might have its state oil company collapse. PDVSA, which is Venezuela’s only lifeline, is about to default on its bonds....
by JD Lasinger | Oct 13, 2016 | Featured Posts
As expected, oil is giving back some of its gains. OPEC’s recent deal to curb production and keep it within the 32.5 and 33 million barrels of oil per day, was the main driver behind the recent surge that saw WTI prices touching 15 month highs. Nevertheless, OPEC is...
by JD Lasinger | Oct 13, 2016 | Featured Posts
The price of gold has seen a great decline in the past few weeks. Gold has closed down in 7 of the last 8 market sessions, sending some mining stocks down. But this is merely a sign that the Fed will finally raise rates this year, probably in December before year’s...
by JD Lasinger | Oct 11, 2016 | Featured Posts
Brexit is back in the headlines. With the British Pound taking a hit and sinking to new 31 year lows, and the British government getting entangled in all kinds of mind boggling messages about the future of foreign nationals working in the UK, it would be strange to...
by JD Lasinger | Oct 6, 2016 | Featured Posts
Crude has been on a roll since last week’s OPEC meeting. WTI is trading around the $49.50 USD mark, looking to break the $50 USD psychological barrier, and stay above it. That is if a Fed rate hike doesn’t dampen expectations. Once again there is a lot of talk about a...