USD: -0.12%

USD continues a bearish trend in global markets, down 1.8% MOM.  Currency market investors were neglectful to the utterances of the Chair of the Federal Reserve about the desirable outlook of U.S. economy and employment. Analysts believe that even if U.S. economy grows, Federal Reserve has no plan to increase dollar interest rate so USD…

Goods News on Iran Petrochemical Industry

Iran receives USD17 billion from selling petrochemical products. Iran manufactures 31 million MT of petrochemicals and 22 million MT of this which worth USD12 billion is exported to 30 different countries across the globe. It is expected that Iran will increase its petrochemical output by two times until 2024. Globally crude oil production grows 1%…