News

OPEC + reveals its forecast for oil surplus in the first quarter of 2022

  • 01 December, 2021
  • 5:51 pm EET

Oil markets are awaiting the meetings of the Organization of Petroleum Exporting Countries “OPEC” and its allies in what is known as the OPEC + alliance, following the withdrawals from the strategic reserves led by the United States, as well…

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Gold prices rise less than 1%, supported by fears of the Omicron spread

  • 01 December, 2021
  • 5:42 pm EET

Gold prices rose on Wednesday, as weak bond yields and uncertainty about economic growth due to the Omicron coronavirus mutated pushed investors to the safe haven of gold. And the spot gold price rose 0.59% to $ 1748.92 an ounce…

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Oil prices rise more than 4% .. and Brent crude is above $ 72 In anticipation of the OPEC meetings

  • 01 December, 2021
  • 5:33 pm EET

Oil prices rose more than 4% in trading today, Wednesday, to compensate for some sharp losses from the previous session. The price hike comes as investors await the OPEC+ meeting to discuss how to respond to the threat of lower…

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European Forex news roundup: Risks rebound as omicron fears fade for the time being.

  • 01 December, 2021
  • 5:11 pm EET

European Forex news roundup: Risks rebound as omicron fears fade for the time being. Forex market news during the European trade session on December 1, 2021   It was a bullish session for risk trades as the market shrugged off…

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Euro dollar volatility surges on Omicron, bets on Fed

  • 01 December, 2021
  • 1:50 pm EET

The dollar edged up on Wednesday as euro-dollar volatility hit the highest level of the year in response to worries about the Omicron variant, while the dollar found support in renewed expectations for interest rates hikes. The dollar index DXY rose…

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