(Sharecast News) - OPEC+ members have reportedly agreed to cut oil production by a further one million barrels a day. In an online meeting, the cartel of oil producing nations- led by Saudi Arabic - said the production cuts would begin early next year. According to...
(Sharecast News) - The International Energy Agency trimmed its forecasts for global oil demand on Thursday, on the back of "persistent" macroeconomic headwinds. The Paris-based authority expects global oil demand to climb by 2.2m barrels per day (bpd) this year to...
For investment professionals only Author: Ben Lord, M&G Investments As we look ahead to the second half of 2023 we maintain a positive outlook for fixed income markets. With inflation expected to gradually come down, and with the end of the interest rate hiking...
ONS announced today that UK CPI inflation rises again in February to 10.4% as food prices stay painful. Likely to mean the Bank of England will raise rates tomorrow by 0.25%. Markets calmer ahead of Fed rate decision, as policymakers mull a rate hike. Stocks on Wall...
Sterling continued to tumble on Monday, reaching fresh all-time lows against the dollar in early trading on Asian markets. The pound fell...
The euro fell to a 20-year low against the dollar on Monday as Europe's energy crisis intensified. The single currency dipped below parity...
The euro fell to a 20-year low against the dollar on Tuesday as investors scaled back expectations for more aggressive tightening by the...
Today’s M&G’s 16th Annual Investment Forum could hardly be happening at a more challenging time for investors. With concerns about...
The London Metal Exchange's (LME) handling of a nickel trading suspension during chaotic trading last month after Russia's invasion of...
Oil prices fell on Thursday as traders waited for an expected big release of reserves by President Joe Biden designed to stem inflation in...
The United Arab Emirates' energy minister on Monday stressed the importance of an oil production alliance with Russia and called on...
Global economic growth is expected to be hit by a combination of rising commodity prices, a lack of supply from Russia and sanctions on...
The London Metal Exchange has suspended electronic trading in nickel almost immediately after the market reopened following a week of...
Global economic growth is expected to be hit by a combination of rising commodity prices, a lack of supply from Russia and sanctions on...
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