USD/CHF Price Prediction: Bearish evidence builds for technical reversal
USD/CHF looks like it is reversing the uptrend of the last five weeks. The technical evidence is building for the case the ...
Why the Fed is set to cut interest rates again after the US election
If the Fed indeed decides to cut rates, it would become the first back-to-back cut after a series of sharp increases during ...
Oil production in Iraq fell to the agreed level in October according to a survey – Commerzbank
According to a Reuters survey, oil production in Iraq fell to just under 4 million barrels per day in October, thus meeting the requirements of the OPEC+ agreement without taking the promised ...
OPEC+ postpones planned production increase until the end of the year – Commerzbank
The OPEC Secretariat announced over the weekend that the voluntary production cuts of eight OPEC+ countries would be maintained in full until the end of the year. In addition, the countries have ...
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Temporary increase in demand for Gold in India due to festivals – Commerzbank
Gold demand in India rose last week due to the festivals of Dhanteras (29 October) and Diwali (31 October), Commerzbank’s commodity analyst Carsten Fritsch notes. “However, due to the record high ...