Financial Markets have been taking a breather throughout the world after beating records in previous months. See also our chart of the day! Major OPEC members (e.g. Saudi Arabia) and non-members (e.g. Russia) will be meeting on May 25th to exited their production cut of currently about 1.8 million barrels per day to the second […]

European stocks and crude oil are the winner versus our last report two weeks ago. Other key financial markets stayed nearly unchanged.   Eurozone’s economic developments keep improving, especially in Germany. Deutsche Bundesbank President Jens Weidmann, also a member of the ECB, said that the time to ease up on bond purchases is nearing and […]