OctaFX | OctaFX Forex Broker
Open trading account

UAE OilMin Al-Mazrouei: Optimistic about achieving a market balance during Q1 2019

United Arab Emirates (UAE) Energy Minister Suhail Al-Mazrouei took to Twitter late-Tuesday, expressing his take on the oil market balance heading into 2019.

Key Points:

Optimistic about achieving a market balance during the first quarter of 2019.

His view was in light of the production cut recently agreed by OPEC and its allies.

China: Weak reading of Caixin PMI - TDS

Analysts at TD Securities point out that China's Caixin PMI dropped below 50 for the first time since May 2017, coming in at 49.7 in Dec. Key Quotes
Read more Previous

USD/JPY: Approaching the June 2018 low at 109.20 – Commerzbank

Karen Jones, analyst at Commerzbank, suggests that the USD/JPY remains directly offered and has eroded its 200 day ma and near term rallies have been
Read more Next
Start livechat