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Forex market reviews

17 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

Lagard Intent on Greek Debt Restructuring

The head of the IMF, Christine Lagard, has announced that the fund will take part in the aid package to be provided to Greece under the conditions that the restructuring of Greek debt and serious reforms will be considered.
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Commodities

Anna Kokoreva

Over Course of Day Brent Will Strive for $56.5 per Barrel, WTI – 50.5

Oil quotes are slowly crawling downwards, the fundamental factors haven’t changed and there are no factors for oil growth. Investors are still waiting for the official publication of the Iran-G6 agreement.
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16 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

Inflation in Eurozone Remains Low

June’s YOY inflation rate in the Eurozone reached 0.2% against May’s 0.3%. These numbers fit with preliminary values from 30th June. The medium term inflation rate set by the ECB is 2%. Without taking fuel, food, alcohol and tobacco into account, inflation slowed and as a YOY value for June stood at 0.8% against May’s 0.9%.
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Commodities

Anna Kokoreva

Brent Could Drop to $56.30 per Barrel

Brent could fall to $56.3 a barrel and WTI could drop to $50.70.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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