Brent has been ranged since Dec-22 within $90-70 region. OPEC production cut has been implemented this month and the impact can be assessed in the next OPEC meeting scheduled on 4th June 2023.Possibility of economic slowdown could weigh on the crude prices. Other factors closely correlated to crude prices are discussed in the June23 report in detail
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Sep'23 Monthly Forecast
Our September'23 Monthly Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
Sep '23 EURUSD Report
News from the ECB on hinting at possible pause in rate hikes earlier in July and then in September along with a higher US NFP data in early Sep-23 has aided Euro to fall and remain below 1.08 ...Read More
Sep'23 Crude Oil Report
Brent has been in a broad sideways range of $70-90 for quite some months now and has recently moved up towards the upper end of the range. Will it hold below $90 or can it break on the upside? ... Read More
Sep'23 US Treasury Report
We have been examining the market’s Inflation Expectation in our reports since May-23 and have said that the Breakeven Inflation Expectation can possibly remain above 2% and slowly rise towards 2.50-3.0% in the coming months. It is up from 2.18% in Apr-23. Can it rise further? .... Read More