News

Rising gas prices in Europe open doors for coal power generation Coal plants in the old continent compete with gas

• 19 November, 2021
• 5:33 pm EET

The rise in natural gas prices in many parts of Europe has led to a revival of coal power plants and reaped huge profits, in contrast to European climate policies, which is a setback for efforts to reduce carbon emissions.…

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Oil prices fall by more than 3% .. and Brent crude is below $ 79

• 19 November, 2021
• 5:11 pm EET

Oil prices turned down more than 3%, during trading on Friday, as Brent crude fell below $79, with the strength of the US currency. Crude's performance comes on the heels of the US' call for major oil consumers for a…

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Gold prices fall amid anticipation of anti-inflation moves

• 19 November, 2021
• 4:55 pm EET

Gold prices fell on Friday, as traders were caught between concerns about widening inflation risks and the prospect of faster interest rate hikes, reducing the attractiveness of bullion as a way to hedge against inflation. Gold prices had closed their…

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Wall Street poised for mixed start as investors fret over Europe’s COVID cases

• 19 November, 2021
• 1:06 pm EET

U.S. stock futures were mostly lower on Friday, with the exception of Nasdaq-100 futures, with some citing concerns over a national lockdown to battle COVID-19 announced in Austria. How are stock-index futures trading? S&P 500 futures, -0.06% slipped 0.2% to 4,688…

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Asia Forex news roundup: Oil dries up

• 18 November, 2021
• 5:56 pm EET

Asia Forex news roundup: Oil dries up On Thursday, November 18, 2021, forex news for Asia trading will be released. Late this afternoon, there was news out of the United States of fresh efforts to synchronize the flow of oil…

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