Energy News
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British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls. The fines were issued by the Prudential Regulation Authority and the Financial Conduct Authority, whose investigation focused on the period between April 1, 2018, and May 31, 2022. Citi ...
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Two related companies that operated the motor tanker PS Dream – Prive Overseas Marine LLC and Prive Shipping Denizcilik Ticaret – pleaded guilty today to conspiracy, knowingly violating the Act to Prevent Pollution from Ships (APPS) and obstruction of justice related to the falsification of the tanker’s Oil Record Book, which is a required log. The guilty ...
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Have we mentioned, that we love history? Probably more than just once. What we like on the academic studies which use longterm data is that they offer a bird-like view on the financial markets. The daily noise and ebbs and flows retreat into the background and macroeconomic and geopolitical trends emerge. This top-down analysis helps to design the asset ...
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British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls. The fines were issued by the Prudential Regulation Authority and the Financial Conduct Authority, whose investigation focused on the period between April 1, 2018, and May 31, 2022. Citi ...
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post: *REHN: STRONG CASE TO START #ECB EASING IN JUNE - BBG *REHN: EUROZONE SEEING MODERATING WAGE GROWTH *ECB'S REHN: NOT PRE-COMMITTING TO ANY RATE PATH *REHN: WHAT FED DOES WILL NOT DETERMINE IF ECB CUTS RATES *REHN: ECB ISN'T 13TH FED DISTRICT: AFP
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Austria’s reliance on Russian natural gas is being tested, after OMV AG warned traders that European courts could interrupt its payments to Gazprom PJSC. A failure to pay the Kremlin-controlled gas giant on time would likely interrupt supplies, OMV said late Tuesday in a so-called urgent market message. Gazprom has covered more than 80% of Austrian imports ...
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UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? ...
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It’s now two years since the RBA first started to raise interest rates, resulting in the biggest tightening cycle since the late 1980s. Rates have gone much higher and stayed high ...
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Inflation in advanced economies remained essentially stable for the third straight month, at around 2.7% yoy. The stickiness of advanced economy inflation so far this year has ...
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Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return ...
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The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.0% in the 12 months to April 2024, down from 3.8% in the 12 months to March. On a monthly ...
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Governor Orr speaking at the Reserve Bank of New Zealand Monetary Policy Statement media conference. He is sounding a little less hawkish than the Statement. Q&A: • Will take time ...
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In reviewing the charts of the markets I often trade, it's evident that Heating Oil has decisively broken through the bottom of its wedge pattern, whereas Gold has established a classic "cup and handle" formation. From a technical perspective, these markets seem to be moving in opposite directions. chart The weekly chart, tracing back to the summer of ...
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Natural gas continues to trend higher on its short-term time frame, triggering fresh highs and an updated set of Fibonacci retracement levels. Price is in the middle of testing the 38.2% Fib at the moment. If support at $2.554 holds, natural gas could resume the climb to the swing high at $2.722 or higher. A larger pullback could reach the 50% level at ...
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Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: table *All dates are ...