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

OPEC Organization of the Petroleum Exporting Countries
Commodities

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

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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

Oil scores multi-year high then drops
Commodities

Oil caught a three-year high of over $86 per barrel on Thursday

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OPEC Organization of the Petroleum Exporting Countries

OPEC+ To Cut the Output By 0.5-1 Million BPD

OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize

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FOREX NEWS

FOREX NEWS

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dollar

More Trouble Ahead for the Yen Amid U.S. Yield Rise

On Wednesday, the dollar ruled everything it surveyed, reaching a new 24-year top against the yen and nearing a 20-year high against the euro as U.S. economic data supported the Federal Reserve’s intention to continue its aggressive policy tightening.

Euro

Euro on a Highway to Hell, Here Is What You Need to Know

Sterling was in trouble and the euro dropped to below 99 cents for the first time in nearly two decades on Monday. The fall was due to worries about rising energy costs and economic growth raised by Russia’s shutdown

Yen Dollar

Yen Hits 24-year Low Against US Dollar

Japan’s economic decisions have always been peculiar to the point where they confuse many experts. Yet, the country has managed to maintain a stable economy for many decades. Without following commonplace rules, Japan has managed to stay a major

euro

Should We Panic About the Euro?

One of the biggest recent financial news is that the dollar touched the euro’s value. Due to the dollar’s incline and the euro’s decline, the currencies have more or less evened out. We can see that with today’s EUR/USD

Commodities reaching new highs

How to Invest in Commodities?

In times of economic uncertainty, many investors turn to commodities as a safe haven. But what are commodities, and how can you invest in them? Commodities are natural resources like oil, gold, and agriculture. They are essential inputs in

commodity trading

Commodity Market Overview: Will Oil Prices Keep Surging?

Commodities tumbled from record highs as investors reversed bullish bets on everything from corn to copper to oil amid recent signs of recession fears sweeping financial markets. Brent crude fell below $100 a barrel on Thursday for the first

gold

Gold prices rebound ahead of US inflation data

On Wednesday, gold prices clawed back from a three-month low as the greenback and US treasuries declined, ahead of key American inflation data. Bullion futures for June 22 bounced up 0.49% or 9.10 points to $1,850.20 per ounce. This

Aluminum

Aluminum prices drop on demand headwinds

On Tuesday, aluminum prices declined as tightening COVID-19 restrictions in top metals consumer China stoked worries about demand. On the London Metal Exchange, futures tied to the commodity skidded 1.78% or 49.00 points to $2,709.00 per tonne. It trailed

BROKER NEWS

OPEC Organization of the Petroleum Exporting Countries

OPEC+ To Cut the Output By 0.5-1 Million BPD

OPEC+ sources said that the group’s oil producers are considering reducing its output target at a meeting on October 5. They aim to reduce between 500,000 and 1M barrels per day (BPD) to stabilize the market. An OPEC source estimated the likely number was closer to 500,000 BPD earlier

Commodities reaching new highs

How to Invest in Commodities?

In times of economic uncertainty, many investors turn to commodities as a safe haven. But what are commodities, and how can you invest in them? Commodities are natural resources like oil, gold, and agriculture. They are essential inputs in many industries, and their prices can be volatile. Investing

commodity trading

Commodity Market Overview: Will Oil Prices Keep Surging?

Commodities tumbled from record highs as investors reversed bullish bets on everything from corn to copper to oil amid recent signs of recession fears sweeping financial markets. Brent crude fell below $100 a barrel on Thursday for the first time since April, 29% below its recent high. Other

gold

Gold prices rebound ahead of US inflation data

On Wednesday, gold prices clawed back from a three-month low as the greenback and US treasuries declined, ahead of key American inflation data. Bullion futures for June 22 bounced up 0.49% or 9.10 points to $1,850.20 per ounce. This movement came after a drop of 0.20% to $1,836.50

Aluminum

Aluminum prices drop on demand headwinds

On Tuesday, aluminum prices declined as tightening COVID-19 restrictions in top metals consumer China stoked worries about demand. On the London Metal Exchange, futures tied to the commodity skidded 1.78% or 49.00 points to $2,709.00 per tonne. It trailed Monday’s slump of 3.13% to $2,758.00 per tonne, representing

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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