Tag: markets
Today, Thursday, oil prices returned to rise again, to compensate for some of the losses they incurred during trading on Wednesday, when they fell to their lowest level in 3 weeks. Oil prices started trading on the rise today, but later fell, and then rebounded in volatile trading, as fears of shortage of supplies dominated […]
Oil prices rose more than 3% during Monday’s trading, with Brent crude trading above $107, with concerns about a tight supply continuing. This comes despite investors’ aspiration to free supplies from strategic oil reserves from consuming countries and the armistice in Yemen; This raised hopes that supply problems in the Middle East might recede. Oil […]
Venezuela’s March oil exports slip amid struggles with returned cargoes Venezuelan petroleum exports fell about 4% in March compared to the previous month as the country’s state-run oil company dealt with crude cargoes returned by customers due to poor oil quality, according to documents and vessel monitoring data. A high-level meeting between US and Venezuelan […]
German government bond yields rose on Friday, following their biggest monthly jump in years in March, on expectations of rising inflation and tightening monetary policy. Some analysts believe Germany’s 10-year yield will remain near current levels in the short term, as the economic risks posed by the Ukraine conflict will outweigh the central bank’s commitment […]
Oil prices fell by about 5% during trading today, Thursday, after news that the United States intends to free up to 180 million barrels of its strategic oil reserves, which is the largest in the history of the strategic oil reserves of nearly 50 years. The significant decline in oil prices comes at a time […]
Toronto index set for best monthly gain in five On Thursday, Canada’s commodity-heavy main stock index set a new high and was on track for its best monthly performance in five years, as gold prices rose, lifting precious metal miners. The S&P/TSX composite index of the Toronto Stock Exchange was up 78.12 points, or 0.35 […]
Gold prices increased on Thursday, although the safe-haven metal is poised to post its biggest quarterly gain since September 2020. The war between Russia and Ukraine – which erupted on February 24 last – led to a decline in the appetite for risk and raised the attractiveness of the precious metal. Yesterday, Wednesday, gold prices […]
Oil prices extended their gains to more than 7% during Thursday’s trading, with US crude breaking the $102 per barrel barrier, amid fears of a supply shortage. Crude’s performance follows warnings from the International Energy Agency that markets could lose 3 million barrels per day of Russian oil and refined products starting in April. The […]
European Forex news roundup: Dollar weakens, pound rises alongside BOE The market had some mixed tones in the session as we continue to digest the post-Fed sentiment, while Russia-Ukraine talks are also ongoing. The dollar has yet to really take off, as it has seen a slight retreat across the board, with EUR/USD rising from […]
Oil prices fell more than 7% in trading today, Tuesday, to record Brent crude, the level of $ 99 a barrel, with the release of the monthly OPEC report. OPEC kept estimates of global oil demand and supply growth unchanged this year, but noted that the war in Ukraine was accelerating inflation and could hurt […]
