Posts by author
Hamed Norouzi
Is the Crude Oil preparing for another upward move?
Oil prices declined on Wednesday, July 18th 2017, after that the data from U.S. inventories showed an increase of 1.6 million barrels in the week to July 14 to 497.2…
How oil revenues influence the FX rate in Iran
As it has previously been described in more depth in Iran’s Budget Structure article, Iran’s budget is composed of three main sections including Government’s General Budget, which itself is divided…
Crude Oil is due to clarify the next direction soon
Oil prices jumped to a one month high in European trading session on Wednesday, continuing gains after that U.S. crude stockpile data showed more than expected supply overnight. The West Texas…
A Solid resistance is due in near future, which direction to expect from the U.S. Dollar?
The U.S. dollar rose to new highs in three weeks against a basket of six major currencies on Tuesday, February 14th, driven by more hawkish than expected remarks by…
Where is the Iranian Rial Heading to?
US dollar has traditionally been accepted as playing a special safe haven role in times of trouble in Iran as it is used more than any other currencies in foreign…
Will Copper Go Deeper?
Base metals generally and copper specifically have remained under pressure during past few weeks, with copper prices down 8 percent from $6,000 per ton. Three-month copper prices are at $5,500…
What is next for Copper?
Copper has had a phenomenal rally during last few weeks. Breaching the range-bound caught in, since the beginning of the year, from average $4.400 to $ 5.000 metric tons, rising…
Bounce back in oil prices after two consecutive weeks of sharp falls
Oil prices rebounded in Asia on Monday, November 7, 2016 as investors turned attention toward U.S. politics on one hand, and awaiting for further clarity on OPEC efforts to curb…
Is a New Era of an Economic boom in action in Iran?
TEDPIX – Tehran Stock Exchange’s most accurate index tracking overall prices and dividends, rose to the highest level since August 2016, on Wednesday, October 26, 2016. The index hit the…
Is another rally in oil prices still latent?
West Texas Crude Oil rebounded from near $26 per barrel in early 2016 and has doubled up in almost 8 months. Initial signs of improvement in economic conditions of main…
