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OPEC+ three scenarios for the coalition ministers to determine production policy

• 04 October, 2021
• 12:55 pm EEST

OPEC+ The ministers of the Organization of Petroleum Exporting Countries "OPEC" and its allies from abroad, led by Russia, in what is known as the OPEC + alliance, will meet today, Monday, to review the policy of oil production during…

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As the NA session begins, the GBP is the strongest currency, while the USD is the weakest.

• 01 October, 2021
• 4:31 pm EEST

As the NA session begins, the GBP is the strongest currency, while the USD is the weakest. It's the first day of a new month, but it's a Friday. It's a new month, so goodbye. Hello, September/hello, October - but…

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Norway plans to close its last coal mine in the Arctic by 2023

• 01 October, 2021
• 2:59 pm EEST

State-owned Norwegian Coal Company (SNSK) plans to close its last mine in the Arctic archipelago of Svalbard by 2023. The move is set to support Norway's goal to reduce its overall carbon emissions, even though it is a major oil…

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Is the Fed’s QE still working?

• 01 October, 2021
• 1:34 pm EEST

While the Fed reaffirms its commitment to full employment, some economists wonder how effective its bond purchase programme and low yields are in boosting the real economy right now. “At the beginning of the pandemic crisis, quantitative easing (QE) had…

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European Forex news roundup: the dollar remains stable, as equities make a little advance.

• 30 September, 2021
• 4:43 pm EEST

European Forex news roundup: the dollar remains stable, as equities make a little advance. Forex market headlines from the European trade session on September 30, 2021 The European session saw some minor pushing and pulling as the focus today is…

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