Tag: Market Analysis
Deutsche Bank (Germany’s bank) warned that the aggravation of the gas crisis in Germany may prompt citizens to return to using wood for heating to face the severe cold during the coming winter. According to analysts’ warnings, some homes will have to burn wood for heating instead of gas, as Russia continues to cut supplies, […]
Consumer inflation in the United States has reached its highest annual rate since 1981. Consumer prices in the United States rose 9.1 % in June, the largest annual increase in more than four decades, as gasoline, food, and rent remained stubbornly high, bolstering the case for the Federal Reserve to raise interest rates by 75 […]
Gold prices rose marginally during trading today, Wednesday, July 13, 2022, and hovered near their lowest level in 9 months. This comes at a time when investors are awaiting the monthly US inflation data; Looking for clues on the way forward for the Federal Reserve’s monetary policy. Gold Prices Today The price of gold futures […]
Oil prices fell by more than 3% during trading today, Tuesday, July 12, 2022, with the increase in infections with the new Corona virus in China, the largest importer of crude in the world. And the Covid-19 injuries in China supported fears of a global economic slowdown, which affected the outlook for fuel demand. Oil […]
Following strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest rate hike by the Federal Reserve, but they quickly returned to pre-data levels. The Fed’s […]
With demand for metals increasing amid a global energy transition, boosting solar panel recycling could give the industry the convenience and flexibility to meet its renewable energy goals over the coming decades. The energy research company, Rystad Energy, expects – in a report issued, on the evening of Wednesday, July 6, 2022 – the value […]
Oil prices rose, during trading today, Thursday, July 7, 2022, to regain some of the large losses incurred during the previous two sessions. Investors refocused on limited supplies, in conjunction with continuing fears of a global recession, after inflation in most countries of the world hit record levels. Oil prices today The price of the […]
Yields fall to a five-week low ahead of the Fed meeting minutes. Benchmark Treasury yields in the United States fell to five-week lows on Wednesday, as inversions in key parts of the yield curve deepened ahead of the release of minutes from the Federal Reserve’s June 14-15 meeting. Yields rose in the run-up to the […]
Gold prices drop about $3, during trading today, Wednesday, July 6, 2022, but it remained near the lowest level in 7 months. This comes as the dollar rose to its highest level in two decades, as investors continued to neglect the yellow metal and look to the greenback, in search of safety amid growing concern […]
The International Energy Agency expects natural gas demand to decline slightly this year, with growth slowing further over the next three years. In a gas market report issued today, Tuesday (July 5), the Energy Agency attributed its expectations of a contraction in global gas consumption to high prices, with fears of more gas supplies being […]