Iraq Joins U.A.E. in Calling to Keep Cuts Despite Oil Gains

By | January 14, 2018

Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains. Output cuts by the Organization of Petroleum Exporting Countries and fellow producers have contribut… Powered by WPeMatico

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Dollar Bears Tighten Their Grip

By | January 13, 2018

The consolidation/correction in the US dollar that we anticipated on technical grounds was brief and shallow. A series of developments seemed to play into the bear’s hands. The developments from the shift in how China sets the reference rate, the wariness of some to expand its Treasury holdings,… Powered by WPeMatico

Iran says will retaliate against U.S. sanctions on chief judge

By | January 13, 2018

Iran said on Saturday it would retaliate against sanctions imposed on its judiciary head by the United States as President Donald Trump stepped up efforts to ‘fix’ a nuclear deal between Tehran and major powers. Trump said on Friday he would waive nuclear sanctions against Iran for the last time to… Powered by WPeMatico