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Payrolls and nothing else matters


Markets are holding their breath before publication of official data from Bureau of Labor Statistics. Market consensus gives 180k increase in August (compared to 255k In July), with unemployment rate dropping by 0,1% to 4,8% and average earnings going up by 0,2%. If actual data will be close to consensus there is a high probability […]

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IRAN ready for OPEC talks


Teheran has send clear signal to other OPEC countries that he is ready to take actions leading to increasing oil price – including going down with production. Being third largest producers among OPEC countries, Iran has so far avoided any declarations, trying to use possibilities from recently lifted sanctions. His main goal was increasing production […]

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VW finally out of red?


German car manufacture has informed about huge settlement with his US based dealers. Deal includes creation of compensation fund for VW-dealers. At this moment the amount or the rules of applying for compensation are not clear yet. Still this deal can lead to finally wrapping up long lasting PR crisis and staying out of courtrooms.

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