9 min listen
OPEC+ cut oil production
ratings:
Length:
8 minutes
Released:
Apr 3, 2023
Format:
Podcast episode
Description
OPEC+ announced an unexpected cut in oil production of more than a million barrels per day, breaking its promise to maintain supply stability and introducing a new risk to the global economy. In company news, after completing its takeover of Credit Suisse, UBS is expected to reduce its workforce by 20% to 30%; and Tesla has fallen short of Elon Musk's long-term goal of 50% annual growth despite record first-quarter deliveries. Mensur Pocinci, our Head of Technical Analysis, provides some insights into the this morning’s oil rally.00:14 Introduction by Helen Freer (Investment Writing)00:36 Markets wrap-up by Alexander Petersen (Investment Writing)04:21 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)06:41 Closing remarks by Helen Freer (Investment Writing)
Released:
Apr 3, 2023
Format:
Podcast episode
Titles in the series (100)
The US economy has restored all lost jobs: After the strong US employment report last week, inflation reports are on the table for major economies this week, including the US, Brazil, China and India. Mensur Pocinci, Head of Technical Analysis, points out the dramatic improvement in the performanc by Moving Markets: Daily News