Mon, October 03, 2022
OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

smart glasses
Technology

According to Facebook CEO Mark Zuckerberg’s announcement on March 9, by 2030,

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OPEC Organization of the Petroleum Exporting Countries
Commodities

OPEC+ sources said that the group’s oil producers are considering reducing its

Commodities

Despite a little increase on Friday, oil prices continued to drop for

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FOREX NEWS

FOREX NEWS

BROKER NEWS

The Euro In Relief From Macron's Election Victory In France

The Euro in Relief from Macron’s Election Victory in France 

After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro

The Euro In Relief From Macron's Election Victory In France

The Euro in Relief from Macron’s Election Victory in France 

After French President Emmanuel Macron defeated far-right rival Marine Le Pen in the country’s first round of presidential elections on Monday, the euro seemed to be snapping a seven-day losing streak versus the dollar. Investor fears over the euro

BROKER NEWS

Broker News

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365 from more than £1.7 million in the previous fiscal year. With only £36,440 of other

US

The U.S. Unemployment Rate May Double Soon

According to recent estimates from a team of researchers that included two staff economists from the International Monetary Fund, the U.S. unemployment rate may need to go to as high as 7.5% in order to stop the nation’s outbreak of high inflation. The analysis concluded that only under

Stocks in Asia

Despite Fears Over China COVID, Asian Equities Rise

China was an exception as dismal data signaled additional pressure on the COVID-hit economy, but Asian equities rode a global rebound on Thursday, enjoying wide gains as oil prices stabilized at lower levels only seen previous to the Russian-Ukraine War. Despite an anticipated ECB rate rise and concerns

China sees growth in consumer spending

Chinese Economy Booming with $306 Billion Corporate Credit

In its yuan credit market, China has recently raced ahead of the US for corporate bond sales, a remarkable change that emphasizes the growing influence of the two nations’ divergent monetary policies. According to statistics, non-financial companies issued more bonds in yuan than in dollars in both July

oil

How Will Putin’s Supply Halt Threats Impact Europe?

Oil prices increased on Wednesday as a result of Russian threats to break its energy supply agreements. This reversed previous session losses when prices plunged to their lowest levels since Russia invaded Ukraine.   Following a low of $91.20 on February 18th, Brent oil futures were up 85

Broker News

FxPro UK Reports 48% Revenue Drop in 2021

FxPro UK Limited, the FCA-regulated subsidiary of the Cyprus-based group, published its financials for the fiscal year 2021, ending on December 31. The report showed that the broker’s revenue decreased 48 percent to £900,365

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