Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Rocky
    Rocky
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    Posts : 267081
    Join date : 2012-12-21

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    Post by Rocky Thu 19 Jan 2017, 1:22 am

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    London 
    OPEC expects shrinking oversupply 
    OPEC indicated on Wednesday that thesurplus oil supply will fall in 2017 with thedecline in the organization 's production of arecord level and initial signs are encouraging independent producers commitment to thefirst joint agreement with OPEC to reduce supplies since 2001. 
    OPEC said in a monthly report The Organization of Petroleum exporting countries countries except Indonesia produced 33.085 million barrels a day last month, according to data collected from secondary sources , OPEC, down 221 thousand barrels per day from November production. 
    OPEC production registered in November was the highest since 2008 at least. 
    In addition to announcing the production of the lower-side members of OPEC cut its forecast for production of independent producers in 2017 after commitments from Russia and other countries outside OPEC to join the organization to restrict production. 
    Currently, OPEC expects to supply from outside the Organization rise by 120 thousand barrels per day this year , down from a growth rate of 300 thousand barrels per day last month despite expectations adjusted US oil production increase. 


    Washington 
    Gold falls from the highest level in eight weeks 
    Gold fell on Wednesday to its highest level in eight weeks and hit in the previous session , while pushing the dollar has recovered ahead of US inflation data and the address by the president of the Federal Reserve (Fed) Janet Yellen some buyers to sell the yellow metal to make profits. 
    Gold climbed to $ 1218.64 an ounce ( an ounce) , the first on Tuesday as the dollar index fell to its lowest level in four weeks affected by the statements of US President - elect Donald Trump that the US currency 's strength against the yuan harmful to American companies. Also he led a speech British Prime Minister Theresa May on exit from the European Union , the British pound to rise after it was soothing to the nerves of the market. 
    And sought the precious metal to preserve the gains at a time when some of the gains the dollar index recovered on Wednesday. But by 1041 GMT , gold dropped 0.3 percent in online transactions to $ 1212.50 the ounce while gold futures fell in US contracts for February delivery 60 cents to $ 1212.30. 
    Said Carsten Fritsch , analyst at Commerzbank "It is natural that prices are taking a breather after strong gains witnessed over the past few days." 
    Traders were awaiting the release of US inflation data at 1330 GMT and address by the president of the Federal Reserve Janet Yellen on interest rate policy , which will provide a new direction for the dollar and gold. 
    Among other precious metals 0.2 percent , silver fell to $ 17.13 the ounce while platinum fell 0.5 percent to $ 969.90 an ounce and palladium lost 0.3 percent to $ 745.60 an ounce. 


    Milan 
    media sector indicators landing transactions European 
    European shares fell in early trade on Wednesday after the British Hui share Pearson 's publishing and media sector led the index downward. 
    The index Stoxx 600 European 0.2 percent in volatile trade while the FTSE 100 did not record the British changed little after it fell 1.5 percent in the previous session when it may cause the pound sterling rise in pressure on companies that achieve gains in dollars. 
    And it landed Pearson 's shares more than 27 percent is destined to achieve the largest daily loss ever after the company cut its forecast for profit next two years and said he would have to change the dividend for the year 2017 
    fell Stoxx private 600 sector media 1.8 percent , heading for recording the worst daily performance in three months. 
    The Stoxx 600 Index of European shares opened up 0.1 percent before falling back in the third place came the British FTSE 100 0.5 percent at the open and has increased France 's CAC 40 index 0.3 percent.
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