US President Donald Trump, while following the developments in trade wars, today trump will leave the World Trade Organization news about the dollar assets have created anxiety. When we look at the data from the country, PCE figures are parallel to expectations on a monthly and annual basis, while Core personal consumption expenditures were 0.2 per cent on a monthly basis and 2.0 per cent on a yearly basis. The expectations of the data were 0.2 percent and 1.9 percent respectively. On the Britis…
kahinistanbul's Blog
Brent oil
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…
GBPusd overview
Recent reports on Ireland have put pressure on sterling assets. In particular, it was important to mention that Michael Barnier, the chief negotiator of the European Union Brexit yesterday, had to respect the Common Market and Customs Union integrity of the UK's proposal on the Irish border. On the other hand, following the statements of the British Minister of Finance Philip Hammond today, he pointed out that Britain is not a normal country like Liechtenstein and that it wants a special partner…
EURUSD parity overview
As EURUSD is returning from 1.2070 resistance, let us stress that this region is technically the main previous peak. The dollar is effective in reducing losses on the return. 1.1980 main support can be followed if retracement continues, leaving the data stream behind a day that the dollar was partially supported.