OPEC is supporting to the global markets with increasing agreement expectations. We could observe a strong increase on Asian markets with the increasing expectations of OPEC agreement about the oil production limitation concept. The agreement to reduce oil production for the first time in eight years in the lead by OPEC led US petrol to surpass 50 dollars per barrel for a short time. The shares of exporters in Japan gained after the private sector employment data released yesterday in the US surged better than expected in November. The interest rates of Australian and German treasuries rose after losses in US Treasury bonds, which showed the sharpest decline since November in November. According to the many experts on the global forex market, the agreement is protecting its status as a strong possibility in the near future.

Comment Send

• 

  Uncertainity continues among Fed members

• 

  Oil started to lose value after USA Oil Rezerves Data

• 

  Oil prices are losing its profit before Noel Holiday

• 

  There are some revisions predicted in ECB Report

• 

  BoJ announced domestic producer prices in Japan

• 

  Oil is continuing its trend over 52 USD level before US stock data

• 

  Oil is trying 50 USD level with OPEC’s alternative solutions about Iraq Problem

• 

  Thailand stock market is leading to strong decreases on Asian Market

• 

  Global markets continue to be affected by Fed interest increase expectations

• 

  American Bond Market started to focus on the expectations of fiscal policies