About: anakin
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In April, the UK services sector faced contraction, with declining orders and diminished business expectations
UK services sector contracts in April 2025 as new orders drop and business confidence weakens sharply.
According to ING’s Warren Patterson, declining oil prices will lead to reduced drilling activity in the US
Falling oil prices reduce drilling, impacting US production and natural gas supply amid rising LNG export demand.
Analysts from UOB Group predict NZD/USD will oscillate between 0.5930 and 0.5980, long-term range 0.5890/0.6005
NZD likely holds between 0.5930–0.5980 short-term; potential retest of 0.6030 if 0.5890 holds.
Schlegel indicated negative interest rates remain a possibility, though they are generally unpopular among citizens
SNB’s Martin Schlegel signals possible return of negative interest rates amid expectations of lower Swiss inflation.
An aggressive supply increase by OPEC+ indicates a policy shift, prompting lower oil forecasts by ING
OPEC+ boosts oil supply again; Saudi Arabia leads amid price drops, fiscal strain, and market uncertainty.
