British Petroleum (BP), 2018 World Energy statistics view and recent reports compiled according to the U.S., oil and petroleum products production in the summit took place last year. According to the report, the United States was the world's largest producer of oil and oil products for four consecutive years. In January 2017, Saudi Arabia and Russia, which went to restrict crude oil production levels to lower the supply surplus in the global oil market, dropped oil production last year. The eyes…
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EURUSD parity overview
EURUSD is testing 1.20 main resistance as it exceeds its previous peak. The pair has recently moved away from the US-Germany interest spread and its main source may be seen as dollar-based. Despite interest movements, the weakness of the dollar may also be considered as a return to the post-fed trend, but the political steps are effective in the dollar negative Movement as well as in the post-tax reform.
Week Ahead On The Markets
The first week of 2018 will bring a fresh boost of energy thanks to financial markets in a number of important events. In the U.S., the labor report can help answer the question of wage pressure inflation will provide pick-up. The FOMC meeting minutes can reveal what the Fed is planning to do next. the situation of the global economy will be evaluated with the help of PMI readings from China, England and the United States. Also keep an eye on the euro hicp inflation. Main events: Monday: • No si…