Mon, October 03, 2022
Economy

When some think of railroads, we think of 19th-century locomotives and men

saudi arabian
Economy

Saudi Arabia is planning to balance its state budgets over the medium

Zambia and interesting details
Economy

Countries in different parts of the world are trying to minimize the

TODAY'S FEATURED

Economy

When some think of railroads, we think of 19th-century locomotives and men

Oil prices and tensions
Commodities

Following a steep decline last week, oil prices remained close to eight-month

CHOOSE YOUR BROKER

EDUCATION

LATEST REVIEWS

EDUCATION

LATEST REVIEWS

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 BEST RATED BROKERS

  • robo-Logo
    Comments Rating 1.89 (2332 reviews)
  • etro-Logo
    Comments Rating 4.92 (104 reviews)
  • robo-Logo
    Comments Rating 4.87 (68 reviews)
  • bitstamp-Logo
    Comments Rating 4.94 (231 reviews)
  • nordfx-Logo
    Comments Rating 3.08 (3 reviews)

FOREX NEWS

FOREX NEWS

BROKER NEWS

Forex traders adopted risk-off sentiment on Tuesday

Forex Market Overview: How Are USD And EUR Holding Up?

The forex market worries investors. The euro fell to a fresh 20-year low on Wednesday as fears of rising energy prices and possible shortages cast a shadow over the eurozone economy, while demand for safe-haven assets pushed the dollar

Baht

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked rates by an expected 50 basis points but lowered its rate-hike forecast. The baht (THB=TH)

The Dollar At 20-Year Highs, And Might Headed For Higher

The Dollar At 20-Year Highs, And Might Headed For Higher

On Wednesday, the dollar index fell further from 20-year highs, with the US Federal Reserve expected to hike interest rates by a half-point later in the day and by 250 points. After experiencing wild gyrations in recent weeks, currency

rouble

Kherson ResistsThe Russian Rouble Amid War

According to Russia-backed troops that have taken control of Kherson in southern Ukraine, the Russian rouble will be used starting Sunday.   However, Kherson’s Ukrainian mayor, Ihor Kolykhaiev, who was recently deposed by Russian authorities, has stated that he

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.

Russia

Russia Anticipates Higher Economic Returns This Year

According to a top government official, Russia’s economy will have a less severe decline than anticipated over the following years and may begin to expand on a quarterly basis as early as the end of 2022.   According to

Asian Markets

What You Need to Know Before Trading in Asian Markets

On Tuesday afternoon, Asian markets mostly erased morning gains as investors maintained their caution ahead of this week’s meeting of the European Central Bank while also keeping an eye out for any consequences of Russia’s gas curtailment.   Following

US

The U.S. recession will most certainly harm Asia

If the United States enters a recession, Asia will not be spared, but some Southeast Asian countries may be hurt more than others, economists warn. The war between inflation and recession continues in the United States as the Federal

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

China's 1st Quarter GDP Shocks The World With a 4.8% Surge

China’s 1st Quarter GDP Shocks The World With a 4.8% Surge

Despite the impact of Covid lockdowns in sections of the nation in March, China’s first-quarter GDP expanded faster than projected, according to figures provided by the National Bureau of Statistics on Monday.   GDP increased by 4.8 percent in the first quarter, above estimates of a 4.4 percent

China

China’s Medium-Term Policy Rate Steady, For Now

Despite Beijing’s request for further monetary stimulus to cushion an economic downturn, China’s central bank left borrowing prices of its medium-term policy loan steady for the third month on Friday, as predicted. According to an online statement, the People’s Bank of China (PBOC) said it would keep the

The COVID Blow Crashes China's GDP Growth To 5.0% In 2022

The COVID Blow Crashes China’s GDP Growth To 5.0% In 2022

China’s economic growth would likely fall to 5.0 percent in 2022 because further COVID-19 outbreaks and faltering global recovery would put more pressure on the central bank to loosen policies further. The projected growth rate for 2022 is lower than the 5.2 percent predicted by economists, implying that

After The China's Commerce With Russia Is Slowing But Still Growing Ukraine Crisis, China Reaches Out To Its Asia

China’s Commerce With Russia Is Slowing But Still Growing

Beijing condemned Western sanctions on Russia following its invasion of Ukraine; hence, China’s overall commerce with Russia increased by more than 12% in March; it went down from February but still surpassed China’s total commerce growth. Chinese customs statistics showed on Wednesday that shipments to and from Russia

Ruble Finishes Near 60 Versus The Dollar

Ruble Finishes Near 60 Versus The Dollar

The ruble increased 0.1% versus the dollar at 59.80 at 0810 GMT. It hit 60.41 as it rose from a nearly four-week record level of 57.70 on Friday. Versus the euro, it accumulated 0.1%

THE MOST COMMENTED BROKERS

  • trader-house
    Comments Rating 4.83 (12 reviews)
  • 	Gigachains-logo
    Comments Rating 3.24 (54 reviews)
  • InvestmentsGlobal logo
    Comments Rating 4.66 (29 reviews)
  • FxRevenues logo
    Comments Rating 4.61 (28 reviews)
  • PrimeMarketCap logo
    Comments Rating 5 (3 reviews)