Mon, October 03, 2022
Economy

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

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Economy

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

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Economy

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

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Economy

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

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Just over half of the economists predict that Japan would not step

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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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The Euro Rise With Betting On Rising Rates and Macron's Debate

The Euro Rises; Macron’s Debate

A flurry of hawkish statements fueled hopes that the European Central Bank will raise interest rates soon, sending the euro to a one-week high on Thursday despite optimism that French President Emmanuel Macron would win reelection on Sunday. The

The Russian Rouble Is Strengthening Against The Dollar

The Russian Ruble Is Strengthening Against The Dollar

In early trade on Tuesday, the Russian ruble strengthened against the dollar. At the same time, OFZ government bond prices surged to their highest level since February 21, anticipating that the central bank would slash interest rates again shortly.

Weekly Market Overview: Forex, Stocks, Crypto, Commodities

Crypto Market Overview: July Events that Influence Prices 

The crypto community is keeping an eye on three important July events that could significantly impact the direction the crypto market and the broader financial climate in the United States take this year.  The public will access the Consumer

Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities Jul 1

Global markets still struggle to regain their values. How have Forex, Stocks, Crypto, and Commodities performed this week? Our weekly overview will outline the markets’ weekly performance to help you determine future trends. Forex Weekly Overview The dollar was

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

Israel Slams Russian Foreign Minister’s Anti-Semitic Note

The Ukraine Conflict, China, and The Fed Looming for Asia

On Tuesday, the World Bank stated that Asian nations might face three significant economic shocks this year; the Ukraine conflict, a dramatic slowdown in China, and the US Federal Reserve rate rises. The development bank lowered its growth prediction for East Asia and the Pacific (EAP) to 5%

Europe Adds Penalties, Russia's Energy Exports Scrutinized

Europe Adds Penalties, Russia’s Energy Exports Scrutinized

Following footage of mass deaths of civilians in Bucha, near Kyiv, European leaders have indicated that they may impose sanctions on Russia’s energy exports. On Monday, the European Union’s top diplomat, Josep Borrell, said that the organization was working on further penalties against Russia as a “matter of

After The Ukraine Crisis, China Reaches Out To Its Asia

After the Ukraine Crisis, China Reaches out To Its Neighbors

The Ukraine issue is straining China’s ties with the US and the rest of the West; hence, Beijing has turned its attention to mending wounds with its neighbors. According to analysts, China’s diplomatic frenzy in the last two weeks demonstrates the importance of its neighbors in Beijing’s relationship

Difficult Task of Replacing Critical Imports for Russia

Difficult Task of Replacing Critical Imports for Russia

Analysts believe Moscow’s vigorous import substitution strategy, which began in 2014, has had mixed effects. Russia sent in bulldozers to crush plump packs of camembert and peaches. In August 2015, a year after Russia’s annexation of Crimea prompted, targeted Western sanctions against several firms and members of the

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%

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