AUD/USD climbs to fresh highs since March 2018 as dollar fails to find shelter from higher yields

AUD/USD trades to a high of 0.7815, the highest level since March 2018 For bank trade ideas, check out eFX Plus The market continues to stick with the reflation narrative on the session and that is leading to equities climbing higher after a bit of a pullback earlier on. Tech may be bearing the brunt […]

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OPEC+ yet to find compromise on oil policy for 2021, say sources

© Reuters. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters in Vienna LONDON (Reuters) – OPEC and allies led by Russia have yet to find a consensus on oil output policy for 2021, after an initial round of talks on Sunday and ahead of crucial meetings […]

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Britain, EU have 7-10 days to find Brexit breakthrough, says Ireland

2/2 © Reuters. FILE PHOTO: British Health Secretary Matt Hancock speaks about the coronavirus disease (COVID-19) in the House of Commons Chamber, in London 2/2 By Padraic Halpin, Elizabeth Piper and Gabriela Baczynska DUBLIN/LONDON/BRUSSELS (Reuters) – Britain and the European Union have a week to 10 days to find a way to unlock trade talks, […]

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UK business groups urge Britain, EU to find compromise: FT

© Reuters. FILE PHOTO: British Union Jack and EU flags are pictured before the meeting with Britain’s Brexit Secretary Barclay and EU’s chief Brexit negotiator Barnier in Brussels (Reuters) – More than 70 British business groups representing over 7 million workers have made a last-ditch attempt to persuade politicians to get back on the dialogue […]

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Pound Bears Find Joy as PM Johnson Imposes New Restrictions to Curb Virus

© Reuters. By Yasin Ebrahim Investing.com – The pound slumped to a nearly two-month low Tuesday as the U.K. government imposed new lockdown measures that could halt the pace of economic recovery as the second wave of Covid-19 gathers pace. by 0.62% to $ 1.2734, its lowest since July 27, to test 100-and 200-day moving […]

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Turkey To Complete Exploration Drill of Historic Gas Find Next Month

© Bloomberg. The Fatih oil drilling ship prepares to sail to the contested waters of the Mediterranean Sea for oil and gas drilling operations near Anatalya, Turkey, on Tuesday, Oct. 30, 2018. Turkey’s first deep-sea drilling ship, flanked by Turkish war vessels, set sail Tuesday looking for natural gas and oil in contested waters of […]

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Erdogan announces biggest Turkish gas find in Black Sea

By Ali Kucukgocmen and Tuvan Gumrukcu ISTANBUL (Reuters) – Turkey announced its biggest discovery on Friday, a 320 billion cubic metre (11.3 trillion cubic feet) Black Sea field which President Tayyip Erdogan said was part of even bigger reserves and could come onstream as soon as 2023. If the gas can be commercially extracted, the […]

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