Sunday Key Economic Data
Today’s Key Economic Data
Today’s Key Economic Data
Today’s And Tomorrow’s Key Economic Data
Today’s Key Economic Data
In my post of 5 days ago I highlighted how a confluence of factors had the potential to drive oil prices even lower, and down towards the $32 per barrel regions, last seen in 2009.
These are interesting times for oil traders and speculators with Friday’s OPEC meeting in Vienna now on the horizon, and the question that will then be answered is whether the group will cut output to stem the supply glut that is now increasingly having to be held offshore around the oceans of the world.
One of the many factors used to decide whether a central bank should or should not raise interest rates is inflation, of which energy is a main contributor, and given the extended bearish trend for oil prices at present this aspect of the decision making process is likely to remain sharply in focus.
Today’s Pre-market movers for October 6, 2015
This Morning’s Trending Stocks
Stocks surged on Wednesday, with the benchmark Shanghai index jumping 4.9 percent after sliding below the 3,000 level.
China’s (FXI, quote) economic growth failed to rebound in August as expected, signaling that the central government may have to introduce more support measures.