Commodities
SOVA Capital still sees upside potential for Brent in 2019
While crude oil futures may remain under pressure in the near-term, it is possible that they will see new highs next year, Sova Capital's Head of Quantitative Investment Strategies Group, Konstantin Brownstein, told WebFG UK when queried on the outlook for crude oil prices.
US Q3 GDP slows less than expected, investment weak
America's economy slowed a tad less than expected in the third quarter, but investment was weak, according to some economists.
Uni Michigan consumer sentiment index ticks lower in October
US consumer sentiment unexpectedly deteriorated a little in October, according to a final reading from the University of Michigan.
GCM enlists consultancy to find Chinese partners for Bangladesh project
Coal miner GCM Resources on Friday entered into a new consulting agreement with Dyani Corporation Limited to aid relations with Chinese companies.
Eland anticipating 'record' output at Opuama as rig moves to new field
A new in-fill well at Eland Oil & Gas’ OML 40 licence in Nigeria will lift output from the Opuama field to a new record, the company said on Friday.
Russian central bank stays put on rates, says inflation risks remain elevated
Rate-setters in Moscow stayed put on interest rates at the end of the week and appeared to sound a tad less strident regarding inflationary risks and the possible need for more interest rate hikes.