Oil prices rose more than 2 percent on Wednesday after Russian President
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Despite Fears Over China COVID, Asian Equities Rise
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How Will Putin’s Supply Halt Threats Impact Europe?
Oil prices increased on Wednesday as a result of Russian threats to break its energy supply agreements. This reversed pr
More Trouble Ahead for the Yen Amid U.S. Yield Rise
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TODAY'S FEATURED
Oil prices rose more than 2 percent on Wednesday after Russian President
Oil and petroleum prices contract after the news about the recovery of
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Putin Mobilizes More Soldiers, Oil Prices Surge
Rate Hikes Loom Over Oil Market
Will The Uptrend in The Oil Market Continue?
Putin Mobilizes More Soldiers, Oil Prices Surge
Rate Hikes Loom Over Oil Market
Will The Uptrend in The Oil Market Continue?
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The Russian Ruble Is Strengthening Against The Dollar
In early trade on Tuesday, the Russian ruble strengthened against the dollar.
Here is Why the World is Panicking Over Fed’s Tightening
The US currency is surging due to Fed tightening fears and a weak euro. Since Thursday, the euro and the yen have fallen, while US bond rates have notably firmed, as worries of a Fed rate hike rise as
The Euro Sinking, Near a Two-Year Low Against the Dollar
The euro fell to a two-year low versus the dollar on Thursday, as comments from European Central Bank President Christine Lagarde indicated that the ECB was not in a hurry to raise interest rates, in contrast to the US
The Euro Is Regaining Its Ground Ahead of The ECB Meeting
The euro gained ground on Thursday ahead of the European Central Bank meeting, which is likely to lay out a more detailed plan for unwinding stimulus, perhaps paving the way for a first-rate rise later this year. The euro
Dollar Hovers Near 2-Week Highs, China GDP Disappoints
The dollar held firm near a two-week high against a basket of six other currencies on Monday, with investor risk appetite help up in spite of the most recent data showing China’s 2018 economic growth slowing to a near
Dollar Nears Two-Week High on IMF Cut over Global Growth
The dollar stayed close to its two-week highs against its peers on Tuesday as a slowdown in China’s economy to 28-year lows fueled fresh worries regarding global growth and prompted investors to move into safe-haven currencies. Overnight, the International
Yen Slumps on Global Growth Risks and Trade Tensions
The safe-haven yen fell versus its peers on Wednesday as worries over slowing global growth and US trade tensions dampened investors’ appetite for riskier assets. The yen weakened by 0.3 percent versus the greenback to 109.73. Against the Aussie
Dollar Struggling over Trade War, Gov’t Shutdown
The dollar was restrained versus its peers on Thursday, limited by concerns over global growth, the US government shutdown, and a yet-unresolved US-China trade war. “Trade tensions are the most dominant factor for investor sentiment right now and will
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 2021 was still higher than last year’s £206,556 at £250,112. With other interests and income
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eToro May Push the SPAC Merger Deadline Again.
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. The ruble was 0.6 percent firmer against the dollar at 79.30 GMT
Here is Why the World is Panicking Over Fed’s Tightening
The US currency is surging due to Fed tightening fears and a weak euro. Since Thursday, the euro and the yen have fallen, while US bond rates have notably firmed, as worries of a Fed rate hike rise as we draw closer to May’s FOMC meeting. As a result, the dollar
The Euro Sinking, Near a Two-Year Low Against the Dollar
The euro fell to a two-year low versus the dollar on Thursday, as comments from European Central Bank President Christine Lagarde indicated that the ECB was not in a hurry to raise interest rates, in contrast to the US Federal Reserve’s rapid monetary policy tightening. The euro dropped to $1.0758, its
The Euro Is Regaining Its Ground Ahead of The ECB Meeting
The euro gained ground on Thursday ahead of the European Central Bank meeting, which is likely to lay out a more detailed plan for unwinding stimulus, perhaps paving the way for a first-rate rise later this year. The euro climbed 0.12 percent to $1.09050 at 0835 GMT, ahead of the meeting,
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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