Oil prices flat on weak demand

Note: This section contains information in English only.
Source: The Wall Street Journal
Prices for crude oil stayed weak on Monday due to a slowing demand outlook implying that an excess of supply will persist for the next months. WTI futures for December delivery were $0.14 higher to trade at $44.74 per barrel. Brent futures for delivery in December were also up by $0.14 trading at $48.13 per barrel. The oversupply in oil has been in place since summer 2014, when oil prices were beyond $100 a barrel, almost double of today's level.
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Mon, 26 Oct 2015 10:45:10 GMT

NZD/USD advances supported by China's rate cut

The New Zealand Dollar jumped up against its US counterpart due to the currency's recovery from the Bank of China's surprising announcement of an interest rate cut. The Kiwi reached $0.6793 during Monday's early European session, which was the session high. Following that, the currency pair was up 0.30% changing hands at $0.6772. Compared to the Euro, the Kiwi was

Mon, 26 Oct 2015 09:35:47 GMT

Cross rises to £0.72

The continuous weakening of the Greenback keeps boosting both the Euro and the British Pound, pushing the currency pairs to higher levels. At the current moment, EUR/GBP gained 0.06% and trades at around £0.72, having recovered from the lows of 0.7183. The EUR/GBP pair stepped up from 0.7169 hit on Friday. Later today, the release of the German Ifo data

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