Sun, July 21, 2024

Iran

Цены на западно-техасскую нефть выросли на 2,4% на фоне изменений на мировом рынке

West Texas Oil Prices Surge 2.4% Amid Global Market Changes

Quick Look: West Texas Oil prices rose 2.4% due to a larger-than-expected drop in US crude stockpiles. Brent futures increased by 1.6%, and WTI crude prices climbed by 2.4%. US firms withdrew 4.9 million barrels, far exceeding the anticipated 30,000-barrel decline. A weaker US dollar supported oil prices despite falling refining margins. Incidents in the …

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The role of OPEC in the modern world

OPEC+ Extends Cuts to 2025: 3.9M Barrels/Day Reduced

Quick Look: OPEC+ extends crude production cuts to 2025, with significant reductions to stabilize market prices. Unity was emphasized at the June 2 meeting in Riyadh; next meeting scheduled for December 1. Varied demand forecasts, with OPEC predicting a 2.25 million barrels/day increase and IEA predicting 1.06 million barrels/day. The Organisation of the Petroleum Exporting …

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Economy and tensions - iran

Iran’s Budget Deficit Doubles Under Raisi’s Leadership

Quick Look: Under President Raisi, Iran’s government budget deficit has significantly worsened, with debts to the banking system doubling. Iran’s inflation has reached historic highs. The annual inflation rate for 2024 peaking at 52.3%, severely affecting the cost of living. Essential goods and services have seen drastic price increases, with a 291% rise in gold …

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Is solana dead? SOL Price Prediction

Solana Targets $175 as Key Resistance Levels Break

Quick Look: Solana’s (SOL) breakout at key resistance reversed a bearish trend, suggesting a potential 50% price increase. Bollinger Bands and a symmetrical triangle pattern indicate possible bullish momentum for Solana despite a “death cross” signal. Ethereum’s Relative Strength Index (RSI) at 50 reflects market balance, suggesting consolidation and a potential upward move. Solana’s 26% …

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usd/chf Franc: New Swiss franc bills.

Economic and Geopolitical Dynamics Drive USD/CHF Shifts

Quick Look: USD/CHF technical levels support at 0.9075, with key resistance at 0.9243 marked by SMA hurdles. Surpassed several technical barriers since early 2024, signalling a robust reversal pattern. Influenced by events like Israel’s drone attack on Iran and upcoming US economic data releases. The USD/CHF pair has captured the attention of investors as it …

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ibest – Reserve Bank of New Zealand: New Zealand dollar bills.

NZD: Global Markets Waver Amid New Zealand Inflation

Quick Look: The New Zealand Dollar plunged by 0.92% after inflation data came in lower than expected at 0.1% for Q1 2024. The Reserve Bank of New Zealand plans to cut rates with inflation below target. Forecasts are suggesting two reductions this year. Geopolitical tensions between Israel and Iran escalated, influencing global equity and commodity …

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Oil

Crude Oil Market Volatility Amidst New Sanctions

Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in Brent and US crude oil prices despite a significant rise in US crude inventories. This Thursday, …

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Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment due to US inflation, geopolitical tensions, and high US interest rates. The New Zealand Dollar (NZD) is presently encountering a slight …

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Five superpowers ruling the world

2023/24 Global Economy: 3% Growth Amidst Conflict

Quick Look: Global Growth Projections: IMF predicts growth of 3% in 2023 and 2.9% in 2024. Geopolitical Tensions: Ongoing conflict in the Middle East escalates oil prices. Inflation Concerns: High inflation rates prompt fears of continued tight monetary policy. Energy Sector Outlook: Predictions of oil prices reaching $100 per barrel. BP’s Strategic Moves: BP aims …

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Diverse Israeli Tech becomes available for New Gulf Allies

Markets Waver as Iran-Israel Tensions Flare Up

Quick Look: Saudi & Qatari indices are down, with Saudi -1.8% and Qatari -1.6% due to Iran-Israel tensions. Bahrain’s index is up 0.9%, contrasting regional downtrends. Brent crude at $90.45, a six-month high amid conflict. As investors seek stability, gold peaks at $2400, a new record. Mixed global reactions as MSCI index hits highs, Gulf …

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bitcoin

Bitcoin Climbs $65K Amid Tensions and Halving

Quick Look:  Bitcoin recovers to $65,000 despite geopolitical stress. The global crypto market cap stands at $2.36 trillion. Bitcoin halving is set to halve miner rewards on April 20. Rising AI industry competition boosts electricity prices. Hong Kong’s Bitcoin ETFs could drive significant demand. Bitcoin has shown notable resilience in recent days. Thereby navigating through …

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gasoline

Gasoline Prices Up 0.5%: Geopolitical Tensions Stir Markets

Quick Look: WTI crude is up by 0.3% to $85.43, and Brent crude is up by 0.5% to $89.35 amid global tensions. May gasoline + +0.1%, heating oil + +0.8%, natural gas + +1.1%. Crude inventory +3.2M barrels; gasoline inventory -4.3M barrels. Tehran vows retaliation; Ukrainian attacks impact Russian refining. In the latest commodities market …

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Xeodis Review

Xeodis Review

Revue du courtier Xeodis In today’s digital era, with global finance continually evolving, selecting the right brokerage is crucial for shaping the trading experience. Our review of Xeodis highlights it as a guiding light for traders, offering unmatched access to international markets alongside robust security measures. More than a mere platform, Xeodis serves as a …

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