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

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Economy

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

Oil prices
Commodities

Tuesday saw a slight increase in oil prices as OPEC+ continued to

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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 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

NFTs enable collectors to buy digital art using blockchain

How To Choose NFT To Invest In?

The NFT industry is getting more popular every day. Hundreds of new artists choose to sell their digital art on famous marketplaces. At the same time, investors wonder which project they should invest in. This article is precisely for NFT investors. How

Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities May 20

Global markets and trends change every day. Several major influencers are causing price swings every second. How have the markets performed this week? What are the general updates in Forex, Stocks, Cryptocurrencies, and Commodities? Our weekly overview will answer

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

Take The China/Russia No Boundaries With A Grain Of Salt

Take the China/Russia No Boundaries with A Grain of Salt

Li Daokui, a former counselor to China’s central bank, the People’s Bank of China, said we should take the so-called “no boundaries” collaboration between the two countries as “situational” and should treat it “with a grain of salt.” Before Russia invaded Ukraine in late February, Beijing and Moscow

What Explains The Calm In Global Financial Markets?

What Explains the Calm in Global Financial Markets?

The financial assault waged by the West against Russia has been spectacular. Commodity markets are a mess; they are fanning already uncomfortably high inflation; hence, predictions for global economic growth have been lowered as a result. Many enterprises will suffer significant losses due to their exodus from Russia.

At Any Given Time, Shanghai Encloses10 Million People

Shanghai Encloses 10 Million People

Even as a new subvariant generates a new wave of infections, many countries have decided to live with the coronavirus. China, on the other hand, is a notable exception. China uses “snap” lockdowns to stop COVID-19 from spreading within its borders. Furthermore, the policy is looming over the

China Less Inclined To Support The US in Ukraine War

China Less Inclined to Support the US in Ukraine War

The systemic danger in the property sector and early indicators of Japanification pose a threat to the economy and relationships of the country. Despite the attention paid to how Russia’s economy is in difficulty, isolated, and hammered by western sanctions, China, Russia’s most significant partner, is also experiencing

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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