Citi: Constructive on Oil prices for H2 2017 on tightening supplies

Citi analysts said in a recent note, “We remain constructive on oil prices for the balance of 2017 as second quarter 2017 should see markets tighten as a result of the current OPEC/non-OPEC deal whilst an expected extension of the deal on May 25th should keep oil inventories drawing in the second half of the year”.

Apr 24, 2017

NZD/GBP: Further downside coming towards 0.52 - Westpac

In view of Imre Speizer, Research Analyst at Westpac, last week’s break below 0.56 has been sustained for NZD/GBP cross, suggesting further downside t

Gold off 1-1/2 week lows, but remains under pressure around $1270

Gold recovered some of its early losses to 1-1/2 week low, albeit the up-move stalled near $1277.50 level and the metal has now retreated back to $127