Fawad Razaqzada - Forex.com

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Last quote by Fawad Razaqzada

U.S. crude oil stocks have been falling consistently in recent weeks. If the downtrend in oil inventories is maintained, then a bullish case can be made for oil, especially given the ongoing supply restrictions from OPEC and Russia.feedback
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Aug 22 2017 OPEC
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Fawad Razaqzada is associated, including Fed and U.S.. Most recently, Fawad Razaqzada has been quoted saying: “It is the ongoing fundamental issue of excessive supply that is continuing to weigh on oil prices... Not a lot has changed despite the OPEC and Russia efforts recently. While these producers have tried to limit their oil output, U.S. shale oil continues to rise.” in the article Oil prices edge up on falling US crude stocks, but global glut still weighs.
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Fawad Razaqzada quotes

Mar 09 2017 - OPEC

Indeed, despite today's sharp selloff, I remain bullish on oil and still expect to see $60-$70 a barrel by the year end.feedback

Mar 09 2017 - OPEC

Indeed, despite today's sharp sell-off, I remain bullish on oil and still expect to see $60-$70 a barrel by the year end.feedback

Mar 09 2017

Their (OPEC's) response may very well be a continuation of co-operation to limit their oil production, perhaps for a little longer than they had hoped and this should help keep a floor under oil prices.feedback

Jan 31 2017 - Unemployment

The European Central Bank's large bond-buying program appears to be finally working its magic. Inflation is on the rise, unemployment is falling and the economic bloc is growing, all thanks to years of zero interest rates, several versions of bond purchases program and a resulting weak currency.feedback

Jan 04 2017

The dollar remains supported due to the fact that the Fed has not only turned hawkish but it has already started its policy tightening cycle, while the rest of the major central banks are pretty much dovish across the board.feedback

Nov 30 2016 - OPEC

At the moment, a deal to limit oil production looks bleak and oil prices are reflecting that view. But OPEC is known for leaving things to the last minute. Expect to see lots of noise, then a big price move in oil prices tomorrow, because ultimately one camp will be proven wrong. Will it be the buyers or the sellers?feedback

Nov 18 2016

Benchmark global bond yields have been rising, further damaging the appeal of the noninterest-bearing precious metal. But it is the dollar which is exerting the most pressure on the buck-denominated gold.feedback

Nov 04 2016

(That) means that further rate cuts are not going to be seen any time soon.feedback

Oct 07 2016 - OPEC

This trend could well continue for some yet as after all crude oil'sfundamental outlook continues to improve: as well as the planned OPEC oil output cut, we have seen surprise inventory destocking in the U.S. for five straight weeks now. Consequently, U.S. oil stocks have now fallen below 500 million barrels for the first time since January.feedback

Oct 07 2016

There is still no end in sight for the current bullish run. Speculators have been buying every short-term dip, a strategy that has evidently been working very well so far.feedback

Jul 15 2016

Macro numbers from China and the U.S., the world's largest economies and biggest consumers of oil, have been improving in recent months and if the trend continues in the coming weeks then this should help to boost oil's demand prospects.feedback

Jul 11 2016

Oil prices could drop more. In the short-term, the bulls will need WTI to climb back above $46 and Brent $47, otherwise prices may head at least towards the support trend.feedback

Jul 06 2016

You have the dollar strengthening, risk aversion rising because of the ongoing Brexit saga and then there are the actual supply and demand aspects to consider on top of all this.feedback

May 19 2016

Gold and silver prices have taken a big plunge on the back of falling bond prices and rallying U.S. dollar since the release of the FOMC's last policy meeting minutes ... and the accompanying hawkish commentary from several Fed officials.feedback

Apr 04 2016

Most of the negative news is in the price and for oil prices to weaken materially, something big would have to happen. Given this backdrop, and the potential for an oil-freeze deal this month, the global supply-demand imbalance is likely to fade as we progress towards the latter part of this year.feedback

Mar 17 2016

Silver has already eroded a couple of bearish trend lines and has broken above some key resistance levels too.feedback

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