Saudi Arabia destabilized oil markets - Russian Energy Minister Novak

FXStreet (Mumbai) - Russian Energy Minister Alexander Novak crossed wires via Reuters earlier on the day, and outrightly blamed Saudi Arabia for lower oil prices.

Novak said, "Saudi Arabia has this year increased production by 1.5 million barrels per day, thus effectively destabilizing the situation on the market."

Dec 28, 2015

AUD/NZD: What the future has in store – SocGen

Research Team at Societe Generale, suggests that there is accrued evidence of base formation above the 30Y support zone of 1.04/1.00; once confirmed, expect a recovery spanning over a couple of years towards 1.19 and 1.2350.

Baca selengkapnya Previous

Dec 28, 2015

NZ Monetary policy: Risks skewed to lower for longer – Goldman Sachs

Research Team at Goldman Sachs, suggests that against the backdrop of such benign inflation dynamics, slower growth and a slight rise in unemployment – we do have sympathy with the view that the RBNZ could cut rates a few more times this cycle.

Baca selengkapnya Next