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Forex

Agri-food companies could lose up to 1/4 of their value by 2030

Climate Chance
Forex

Agri-food companies could lose up to 1/4 of their value by 2030

Climate Chance
Forex

Agri-food companies could lose up to 1/4 of their value by 2030

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Commodities

Oil prices rose more than 2 percent on Wednesday after Russian President

Oil Giant BP Surpassed Expectations in the Third Quarter
Commodities

BP is regarded as one of the major companies in the oil

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Putin Mobilizes More Soldiers, Oil Prices Surge

Oil prices rose more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization that escalated Ukraine’s civil war and raised concerns about falling oil and gas supplies. After

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FOREX NEWS

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Dollar vs Yuan

Yuan Dips Beyond Milestone, Will Dollar Dip Continue?

Investors anticipated the U.S. Fed to be proactive when it raises interest rates next week, which led to the dollar index’s tiny decline on Friday but gain for the week. Meanwhile, the Chinese yuan fell through the crucial 7

Yen Resumes Its Downward Trend, Will It Recover Soon?

The US dollar rose in early European trading on Thursday as buyers readjusted their positions ahead of next week’s Fed meeting. The yen also struggled to maintain the uptrend of the previous session. The Dollar Index compares the dollar’s

Dollar, Fed

CPI Statistics Stabilize the Dollar

Early on Wednesday in European trading, the U.S. dollar steadied. The new U.S. inflation data boosted the dollar. The Dollar Index (DXY) measures the dollar’s value against six currencies. It was steady at 109.510 at 03:00 ET (07:00 GMT);

Dollar bills

U.S. CPI Sets a Lower Start for U.S. Dollar

Before the much-awaited U.S. inflation data publication, the dollar dropped in European trade this Tuesday.   The Dollar Index was trading 0.3% down at 107.803 at 03:05 ET (07:05 GMT), extending a decline from the 20-year high of 110.79

Is Recession Threatening the Oil Market?

Despite a little increase on Friday, oil prices continued to drop for the week due to concerns over sudden interest rate increases that would hurt the global economy and fuel consumption. As of 03:15 GMT, Brent oil futures were

Oil

Demand Fears Push Oil Value Even Lower

On Thursday, the attention shifted away from potential supply disruption and toward weak demand worries about a significant build-up in crude inventories in the US and a strong currency. As a result, oil prices began to drift lower. By

Gas

Europe’s Energy Deficit Carries On

Since the start of the Ukraine War, energy has been a major concern in the EU. While the sanctions have halted Russia to a degree, a lot of Europe is still dependent on its energy exports. In a recent

oil

Demand Concerns Crushes Oil

Although there was some volatility in oil prices on Friday as investors processed an unexpected increase in U.S. crude stocks, substantial weekly losses were predicted due to worries that demand will be negatively impacted by slowing global economic growth.

BROKER NEWS

Putin Mobilizes More Soldiers, Oil Prices Surge

Oil prices rose more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization that escalated Ukraine’s civil war and raised concerns about falling oil and gas supplies. After losing $1.38 the day before, Brent oil futures increased $2.28, or 2.5%, to $92.90 a

Is Recession Threatening the Oil Market?

Despite a little increase on Friday, oil prices continued to drop for the week due to concerns over sudden interest rate increases that would hurt the global economy and fuel consumption. As of 03:15 GMT, Brent oil futures were up 24 cents, or 0.3%, to $91.08 a barrel.

Oil

Demand Fears Push Oil Value Even Lower

On Thursday, the attention shifted away from potential supply disruption and toward weak demand worries about a significant build-up in crude inventories in the US and a strong currency. As a result, oil prices began to drift lower. By 0636 GMT, the benchmark Brent crude futures contract had

Gas

Europe’s Energy Deficit Carries On

Since the start of the Ukraine War, energy has been a major concern in the EU. While the sanctions have halted Russia to a degree, a lot of Europe is still dependent on its energy exports. In a recent push, Europe has decided to stop using Russian gas,

oil

Demand Concerns Crushes Oil

Although there was some volatility in oil prices on Friday as investors processed an unexpected increase in U.S. crude stocks, substantial weekly losses were predicted due to worries that demand will be negatively impacted by slowing global economic growth. Brent oil futures on the London market increased 0.4%

Broker News

ThinkMarkets UK Records Profit Jump Despite 38% Revenue Dip

Turnover for ThinkMarkets, decreased 38% to £2.73 million this year from last year’s £4.38 million. Think Markets is a UK business of Melbourne-based broker. Although its executive expenses decreased, the company’s operating profit for

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