European Forex news roundup: Payrolls are coming in slowly and steadily. Forex market news during the European trade session on October 8, 2021 As the market tone was mixed today, European morning trade served as a placeholder session ahead of…
Continue ReadingOil prices rose, during morning trading, today, Friday, and are heading to achieve weekly gains of nearly 5%, with the increasing shift away from gas in light of the increase in its prices. And oil prices rose by more than…
Continue ReadingPolitics The SPD received 25.7 % of the vote in the German legislative elections. The conservative CDU/CSU alliance finished second with 24.1 % of the vote, a record low after 16 years of Merkel's governments. Possible coalitions will be sought…
Continue ReadingNatural gas fits into China's strategies to diversify its coal-dominated energy mix, as it will contribute to its transition to carbon neutrality in hard-to-decarbonize sectors by 2060. A recent report - published by the international energy consultancy Wood Mackenzie -…
Continue ReadingEUR/GBP appears susceptible below 0.8500, which is close to two-month lows. EUR/GBP witnessed fresh selling on Thursday and dropped to near two-month lows. Signs of easing fuel crisis in the UK boosted the sterling and exerted some pressure. Dovish sounding…
Continue Reading
