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Oct 12, 2015

Global growth in 2016 will help oil prices – Kuwait Oil Minister

FXStreet (Mumbai) - As per Reuters report, Kuwaiti Oil Minister assured markets today that the economic growth in 2016 will help oil prices recover.

Making an indirect reference to shale oil production in the US, the Oil Minister said the ‘exit of high-cost oil production will help improve oil prices’. He further added that currently there are no plans to alter the OPEC production policy.
Oct 12, 2015

EUR/USD forecast: focus on risk trends – Commerzbank and Danske Bank

EUR/USD remains in the upper bound of the recent range around 1.1370 against a backdrop of a generalized lack of direction in the global markets...
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Oct 12, 2015

GBP: Implications of permanently low interest rates by BoE - HSBC

Simon Wells, Chief UK Economist at HSBC, suggests that the implications of low interest rates of UK will result in the fact that real interest rates may be permanently lower with huge implications for growth and monetary policy and the team now forecast a slower pace of tightening.
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