Chilean Peso Rallies as Central Bank Keeps Rates Unchanged
The Chilean peso gained against the US dollar on February 12 on the back of the unchanged monetary policy by its central bank and a surge in commodities.
Crude Oil Prices Rose Due to the Supply Outage
NYMEX-traded WTI crude oil futures contracts for December delivery rose by 3.8% on November 3. Crude oil prices rose due to a supply disruption in Brazil.
Brent and WTI Crude Oil Prices Diverge
December WTI crude oil futures contracts fell marginally by 0.52% and closed at $40.54 per barrel on Thursday, November 19, 2015.
US Dollar and China: Crude Oil Prices Fell for the Third Day
December WTI crude oil futures fell by 2.0% on November 6, 2015. Crude oil prices fell due to the appreciating US dollar and weak demand data from China.
Crude Oil Prices Fell and Snapped the 3-Day Rise
Market surveys from Bloomberg suggest that crude oil stocks could rise by 2.3 MMbbls for the week ending October 30. This is weighing on crude oil prices.
Crude Oil Prices Fell, USO Fund Flow Hit a Record
WTI crude oil futures contracts for December delivery fell slightly by 0.37% on November 20. Crude oil prices were volatile for the second day.
Crude Oil Prices Fall as Chinese Stocks Tumble
WTI crude oil futures contracts for January delivery fell by 3.1% to close at $41.71 on Friday, November 27.
How Is SLANX’s Portfolio Positioned Year-to-Date in 2016?
The Deutsche Latin America Equity Fund Class A (SLANX) seeks long-term capital growth by investing “in Latin American common stocks and other equities.”
Petrobras Posted a Loss of $9.4 Billion in 4Q15
Petrobras (PBR) posted a net loss of $9.4 billion in 4Q15 and a loss of $9.7 billion in 4Q14.
Iran’s Production and Election Impact the Crude Oil Market and Prices
The latest survey from Bloomberg suggests that Iran’s crude oil production rose by 140,000 barrels per day to 3 MMbpd in February 2016.
Chilean Peso Fell: What Does Inflation Have to Do with It?
The Chilean peso gave away losses against the US dollar on February 8, 2016. Inflation rates increased beyond expected levels in January.
Chilean Peso Falls on Weak Economic Data
The Chilean peso depreciated against the US dollar on January 29, 2016, as reports indicated that copper production fell 5.5% in December 2015.
How Much Can Iran Scale up Production in Comparison to Its Peers?
Iran has between 30 MMbbls (million barrels) and 50 MMbbls of crude oil and other liquids stored in supertankers ready to hit the markets.
Portfolio Composition of UBPIX through November 2015
UBPIX’s assets were invested across 35 stocks as of November 2015, and it was managing assets worth $12.0 million.
How OPEC’s Crude Oil Reserves Affect the Crude Oil Market
OPEC countries control 40% of global crude oil production and have around 81% of global crude oil reserves, as of 2014.
Russian Crude Oil Production Is through the Roof
The Energy Ministry of Russia reported that Russia saw production levels of 10.7 million barrels per day of crude oil in November 2015.
Italy’s Trade Surplus Widened with Declining Imports in September
According to the National Institute of Statistics (or ISTAT), Italy’s goods and services surplus rose to 2.2 billion euros in September 2015 compared to 2.0 billion euros a year ago.
The Deutsche Latin America Equity Fund Class A (SLANX): Must-Knows
The Deutsche Latin America Equity Fund – Class A (SLANX) is offered by Deutsche Asset & Wealth Management.
The High Correlation between the Chilean Peso and Copper Prices
Any variation in copper demand or supply directly affects the value of the Chilean peso against the US dollar.