According to a briefing to the bipartisan House Intelligence Committee last week, Russian propagandists are interfering in the 2020 campaign. The day after, President Trump replaced his acting Director of National Intelligence Joseph Maguire. The reports suggest the tactics used in 2016 could make a return this year. This includes troll campaigns and targeted hacking …
Russian Propagandists are Back on Facebook for Trump 2020 Read More »
U.S. carmaker General Motors made the decision to discontinue the iconic Holden brand. On Sunday, the Detroit automaker announced that it would gradually close its sales, design and engineering operation Australia and New Zealand. Moreover, it will discontinue its Holden brand by 2021. Interestingly, the Holden brand dates back to the 19th century. Moreover, General …
The crisis caused by the Coronavirus has reminded the Middle east how much it relies on China for business. Oil prices have been down for months. Oil demand from China has declined significantly, and the consumption of the commodity in the country has fallen by 20%. Andy Lipow, the president of Lipow Oil Associates, states …
The Middle East is in oil crisis due to the Coronavirus Read More »
One of the most famous companies when it comes to non-alcoholic beverages reported the quarterly results on Thursday. The Coca-Cola Company was able to surpass the expectations. Based on the results, in the fourth quarter of 2019, fiscal net income reached $2.07 billion or 47 cents per share. As a result, in comparison with the …
Coca-Cola Surpassed the Expectations in the Q4 of 2019 Read More »
Crude oil slipped amid the climbing death toll from the coronavirus in China. It dropped 0.71 percent to Rs 3,779, while gold grew 0.5 percent and silver 0.9 percent on MCX. Oil futures observed mixed trading on Wednesday, with US prices down after government data disclosed that domestic crude inventories posted a higher-than-expected weekly climb, …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDPLN The pair has been largely trading in the green, rising above both the 50-day and 200-day moving averages and climbing to a one-month high. The momentum appears solid for the US dollar, with …
Daily Market Charts and Analysis January 27, 2020 Read More »
Despite the improvements between America and China’s relationship, the IMF still released a worrying forecast for the global economy. The International Monetary Fund’s latest projection caused the spotlight to turn towards gold in the market. Aside from gold, other safe-haven assets are also gaining in trading sessions. While both WTI crude and Brent oil prices …
IMF Forecast Raises Spot Gold Prices in the Market Read More »
Brent and WTI crude prices jumped on Monday in Asia amid the heating up in tensions among Mideastern countries. Concerns raged over output and export numbers. US Crude oil WTI futures gained 1.1% to $59.25. Meanwhile, International Brent oil futures soared 1.3% to $65.69. Sunday saw Iraq stopping output at an oilfield. This decision comes …
WTI crude prices dropped amid the uncertainty over phase one trade deal signing. US West Texas Intermediate crude futures lost 15 cents or 0.3% at $58.08 per barrel. Meanwhile, Brent crude slipped 16 cents or 0.3% at $64.33 per barrel. The American Petroleum Institute has estimated a crude oil inventory build of 1.1 million barrels …
After rallying in yesterday’s trading, oil petroleum prices appearing to lose steam this Tuesday’s trading session. The two leading global benchmarks are faltering in the crude trading market now. In fact, prices are seen steadying and dipping in today’s trading. Crude contracts were first seen flatlining during the first half of today’s sessions. As of …
A poll last week said that the US dollar would dominate the 2020 forex market. Foreign exchange strategists agreed. Meanwhile, Tehran denies claims that it has shot down the Ukrainian plane that killed 180 passengers. Although many forecasters expect the euro to edge up slightly, few of them say that the dollar’s dominance will …
After a gruesome series of events for the market at the beginning of the year, traders are finally feeling relief. Oil and petroleum prices are edging up in trading sessions thanks to trade war hopes. So, once again, the focus turns to the protracted trade war between the United States and China. Fortunately, this time, …
Oil and Petroleum Edge Up, Trade Deal Back in Focus Read More »
WTI crude is to record a weekly decline amid the easing Middle Eastern tensions. Heavy losses are to come for oil prices as both the US and Iran back down and seek de-escalation. Investors are booking profits now following the sharp rise in prices during the first half of the week. WTI crude prices reached …
The dollar performed robustly on Friday, posting its best week in two months. Upbeat economic data and the easing tensions in Tehran contributed to this. Against the yen, the buck has gained 1.3% so far in the week. The dollar index, meanwhile, has been up 0.6%. This index gauges the US dollar’s strength against a …
Not even halfway through the end of the first month of the new decade, and it’s already a roller-coaster ride. Oil and petroleum prices fluctuated widely in the past few days, thanks to the intense conflict between Washington and Tehran. After overheating and surging wildly in the last few days, crude prices reached a cap …
Oil and Petroleum Prices Edge Up After Plunging Earlier Read More »
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