High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Barclays lowered its Brent oil price forecast for this year to $84 per barrel down by $3 from its previous forecast its Q4 estimate of $92 a barrel Brent remained unchanged Barclays expects a deficit of 670,000 barrels per day (bpd) on the oil market this year, and a 250,000 bpd deficit next year “A
Barclays revised its projection for Chinese economic growth for this year to 4.5%, from 4.9%. For 2024 analysts at the bank project 4% GDP growth For the current quarter, Q3 2023, Barclays expects GDP at 3.5% As for the People’s Bank of China, the analysts expect an RRR cut of 25bp in the weeks ahead.