Why the UAE left: real capacity versus OPEC quotas The rationale behind Abu Dhabi’s decision is straightforward. Under OPEC+ arrangements, the UAE had been producing approximately 30% below its current capacity of 4.85 mb/d. Following a $150 billion investment programme, Abu Dhabi National Oil Company (ADNOC), the UAE’s state energy producer, aims to reach a […]
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The NZX 50 was little changed around 12,768 on Wednesday morning, after falling for a third consecutive session, as investors awaited a speech by RBNZ Governor Anna Breman later in the day for further clues on the central bank’s policy outlook. Sentiment was also cautious amid higher oil prices, which could add pressure to domestic
2026.04.28 2026.04.29 Weekly Economic Calendar for 04.05.2026–10.05.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Developments in Iran and the Strait of Hormuz continue to roil markets. News from the region and oil price movements are currently the main drivers of market trends. In the upcoming week of May 4-10, 2026, market participants will focus on the release of key macroeconomic
The decision itself is unlikely to move markets, with the hold unanimous and widely expected. The significance lies in the language. Chile’s explicit warning that the Middle East conflict is evolving more adversely than its March baseline assumed adds to a growing body of central bank commentary flagging that the Iran war is reshaping the
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Via oiprice.com: Expectations I had seen: headline crude oil +0.3mn barrels distillates –2.3mn bbls gasolina -2.1mn bbls This data point is from a privately-conducted survey by the American Petroleum Institute (API). It’s a survey of oil storage facilities and companies The official report is due Wednesday morning US time. The two reports are quite different.
Microsoft continues to dominate a tech industry that is slowly bouncing from Fearful trading territory, as can be seen with Nasdaq exploding back to its all-time highs – AI themes are trending again, with fears of other sectors being affected by higher Energy prices. Its fundamental strength is still anchored by a commanding market share
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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
The April 2026 release, with a survey cutoff of April 22, came in noticeably stronger than expected. The headline index rose to 92.8, up from 91.8 in March and well ahead of consensus near 89.0 — extending a modest run of monthly gains and setting a new high for the year so far. The internal
India’s industrial output growth moderated less than expected in March to the lowest level in five months, data from the Ministry of Statistics and Programme Implementation showed on Tuesday. Industrial production advanced 4.1 percent year-over-year in March, following a downwardly revised 5.1 percent expansion in February. Meanwhile, economists had expected the growth to ease to
Oil prices extended their rally in today’s session, with Brent breaking through the $111 mark and confirming a decisive move above the key $110 psychological barrier. What was once a market anchored by expectations of diplomatic progress is now being driven by the reality of a deepening US–Iran stalemate. The “hope trade” that followed the
Lloyds will be focused on UK credit quality, mortgage demand and any signs of rising impairments, given its heavy exposure to domestic consumers and the housing market. Standard Chartered, by contrast, will centre on emerging market growth, capital flows and trading income, alongside any impact from global volatility on its more internationally diversified loan book. While less directly tied to
Key takeaways Strong outperformance with bullish trend intact: Amazon (AMZN) leads the “Magnificent 7” with solid gains, and its medium-term uptrend remains intact above the key $231 support, supported by bullish moving average crossovers and sustained relative strength versus the S&P 500 ETF (SPY). Earnings focus on AI monetisation and margins: Markets are watching AWS
Bitcoin looks short-term toppish Bitcoin has navigated a technically interesting week, with price action shaped by a mix of renewed institutional demand, improving risk sentiment and emerging structural concerns, most notably around quantum computing. The result has been a market that is once again testing key resistance levels, but with conviction that remains uneven and sensitive to
The growth of Australia’s superannuation funds is facing a hidden pinch point. The funds do not post collateral when hedging their foreign exchange exposure, pushing up capital requirements for their banks, and potentially limiting access to the market. That scenario is attracting attention because super funds have been trying to hedge more FX risk as
