Gold prices rose in trading on Thursday, after news of the return of tensions between Russia and Ukraine, in the wake of a Russian report that mortar shells were fired in eastern Ukraine, prompting investors to resort to safe assets. Yesterday, Wednesday, gold prices ended up by about $15, with the dollar and US stocks […]
Oil prices deepened their losses by about 3.5% during trading on Tuesday, with Brent crude falling below $ 93 a barrel, with signs of easing geopolitical tensions between Russia and Ukraine. The Russian Defense Ministry announced the return of some of its forces to their bases after carrying out exercises in the southern and western […]
Gold prices fell today, Monday, in spot transactions, abandoning the highest level it reached in 3 months, which was recorded in the previous session. The decline in the yellow metal is strongly influenced by the dollar and bond yields, although losses were limited; Increasing tensions surrounding Ukraine have supported the demand for safe haven. Gold […]
Most of the world’s countries are fighting a battle to counter the negative impacts of climate change by expanding green investments and clean energy projects. To avoid the consequences of climate change, he is driving the adoption of policies needed to eliminate global carbon emissions by 2050, often focusing on emissions from sources of power […]
Yields in the United States have risen amid volatile trade, with all eyes on Russia and the Federal Reserve. In tumultuous trading on Monday, benchmark 10-year Treasury yields climbed as hawkish comments from a Federal Reserve member were matched with White House signals over the weekend that a Russian invasion of Ukraine might happen at […]
Bulgaria is looking to join forces with Greece, Serbia and North Macedonia to create a single gas market, in order to improve diversification of natural gas supplies, in light of the rise in European gas prices to record levels. Southeast European countries have historically relied on imports of Russian natural gas, but can also receive […]
Oil prices rose again by more than 1% during trading on Thursday, with Brent crude rising above $92, in a volatile session, with the release of the monthly OPEC report. Crude prices turned lower earlier in trading, with a noticeable rise in the US dollar during trading, after US data showed inflation accelerating to a […]
Euro zone inflation doesn’t require significant policy tightening, ECB’s Lane says As pandemic-related bottlenecks in goods and labor are removed, euro zone inflation will return to trend without considerable policy tightening by the European Central Bank, according to the ECB’s top economist Philip Lane. Lane was maintaining his long-held belief that the euro zone’s current, […]
Gold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday; To continue rising for the fourth consecutive session, with the US dollar falling. Gold Prices […]
On Wednesday, Romania’s central bank raised its key interest rate by more than expected, predicting that inflation will hit double digits in the second quarter, fueled by rising energy prices, and will remain above goal for longer. The bank increased its key rate by 50 basis points to 2.50 % , keeping it at the […]