Category Archives: Forex analysis review

No image available

Crude Oil Slips On Murky OPEC Outlook

Crude oil prices were lower Friday morning amid conflicting reports on OPEC’s production outlook. Reuters reports that Iran is upset with the U.S. request for Saudi Arabia to raise oil production drastically to offset a drop in Iranian exports. Tehran tells Reuters that OPEC will not comply with such a request. However, CNBC reports: “Saudi […]

No image available

Austria Trade Deficit Narrows In March

Austria’s foreign trade gap narrowed in March from a year ago, preliminary figures from Statistics Austria showed Friday. The trade deficit dropped to EUR 0.48 billion in March from EUR 0.56 billion in the corresponding month last year. Both exports and imports and climbed by 5.4 percent and 4.5 percent respectively in March from a […]

No image available

Gold Barely Budges Ahead Of G7

Gold futures were flat Friday morning, clinging to the $1300 mark ahead of what may be a contentious G7 summit. The U.S. and some of its biggest allies are embroiled in a trade squablle that may overshadow progress on other issues. President Trump blasted neighbor Canada’s leadership last night. “Prime Minister Trudeau is being so […]

No image available

Portugal Trade Deficit Narrows In April

Portugal’s foreign trade deficit decreased in April from a year ago, as exports grew faster than imports, figures from Statistics Portugal showed Friday. The trade deficit dropped to EUR 1.25 billion in April from EUR 1.29 billion in the corresponding month last year. In March, the shortfall was EUR 1.23 billion. In nominal terms, exports […]

No image available

Yen Advances Amid Risk Aversion Ahead Of G7 Summit

The Japanese yen climbed against its major counterparts in the European session on Friday amid risk aversion, as investors cautiously await a gathering of G7 leaders in Canada, where trade tariffs are expected to be the key agenda. U.S. President Donald Trump launched attacks on EU and Canada via twitter, saying that they were charging […]

No image available

Sweden's Budget Surplus Exceeds Estimate: Debt Office

Sweden’s budget surplus exceeded the official estimate in May, the National Debt Office reported Friday. The central government payments resulted in a surplus of SEK 50.6 billion compared to the forecast of SEK 47.2 billion. The central government’s primary balance was SEK 6.8 billion higher than forecast. Meanwhile, tax income was approximately SEK 1 billion […]

No image available

Latvia Inflation At 6-Month High

Latvia’s consumer price inflation accelerated in May to the highest level in six months, figures from the Central Statistical Bureau showed Friday. Consumer prices climbed 2.3 percent year-over-year in May, faster than the 2.0 percent increase in April. The measure has been rising since September 2016. Transport costs grew 3.7 percent annually in May and […]