OPEC+ to Raise Output by a Meagre 100K bpd in September
The Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to continue increasing their production next month, but only by 100,000 barrels per day
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to continue increasing their production next month, but only by 100,000 barrels per day
The US stock markets are at a better place today as investors try to put recent geopolitical tensions in the rearview mirror and turn their focus to today’s encouraging economic data
The technical outlook has deteriorated significantly after the pair slumped in July and markets turn to a potentially consequential rate decision by the Bank of England on Thursday
The Japanese Yen attracts risk-off flows due to geopolitical jitters and the pair extends its decline to critical levels, in the aftermath of the Fed’s reserved stance
Sentiment is on the defensive on Sino-US jitters, while markets gear up for Wednesday’s meeting by OPEC+ in regards to production levels
The RBA delivered its fourth straight rate hike, but changed its rhetoric in a way that could be a precursor of more moderate moves ahead, sending AUD/USD lower
The pair starts the week on the front foot after Friday’s PCE-induced volatility, as markets gear up for Thursday’s interest rate decision by the Bank of England
ETH/USD managed to post a strong relief rally in July, stopping the second quarter’s free fall, while the new month begins on the back foot
The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight
The pair heads towards the conclusion of a very bad month and week, due to cool-down in Fed hike expectations and the negative Q2 GPD print from the US
The pair is having a bad day, unable to build on Wednesday’s post-Fed rise, but covers some of its losses, helped by the greenback's negative reaction to the US GDP contraction
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