Tag: xgloabalmarkets
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 […]
Gold prices retreat from the highest level in a week Gold prices fell on Tuesday, but remained near their highest levels in a week, pending the release of US inflation data for January, which is crucial to the Federal Reserve’s tapering schedule. This comes with continued fears between Russia and Ukraine, which supported the yellow […]
Oil prices deepened their losses by about 2% during trading on Tuesday, with US crude falling below $90 a barrel, while awaiting talks between Iran and the United States on the nuclear deal. Investors are waiting for the resumption of indirect talks between the United States and Iran that could revive the nuclear deal, which […]
Oil prices extended their gains to more than 2% during trading today, Friday, with US crude exceeding the $ 92 barrier, prices to continue their sharp gains, with cold weather spreading in large areas of the United States, which threatens to disrupt oil supplies further. Yesterday, Thursday, oil prices ended their trading with gains of […]
Gold prices fell in trading today, Thursday, and hovered near the highest level in the previous session. The decline in the yellow metal comes as the US dollar regains strength ahead of central bank meetings in Britain and Europe as their economies grapple with rising inflation risks. Gold Prices Today The price of gold futures […]
Factory orders in the United States fell in December, while shipments increased. In December, new orders for American-made goods declined somewhat more than predicted, but manufacturing is still supported by businesses refilling stockpiles. Factory orders fell 0.4 % in December, according to the Commerce Department. Orders increased 1.8 % instead of 1.6 % as previously […]
Oil and gas prices rise with Shell profits in the fourth quarter of 2021 Recorded $6.4 billion Oil and gas prices supported Shell in achieving record profits during the fourth quarter of last year, exceeding analyst expectations, recording $6.4 billion, an increase of 55% from the third quarter of 2021. Shell’s adjusted profit beat the […]
Job postings in the United States surged to near record highs in December, implying that the slowdown in employment growth at the close of last year was mostly due to labor shortages. Job vacancies, a gauge of labor demand, increased by 150,000 to 10.9 million on December 31st, not far from the all-time high of […]
Today, Tuesday, the American Exxon Mobil Corporation announced its profits in the fourth quarter of 2021, reaching 8.87 billion dollars, the largest in 7 years, which led to a rise in profits for the whole year to 23 billion dollars. ExxonMobil’s earnings were driven by higher energy prices over the past period, which was reflected […]