Euro edges higher with focus on ECB, dollar retreats The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now…
Continue ReadingChina's imports of Russian oil jumped 55% last May, displacing Saudi Arabia from the first place among crude suppliers to Beijing, 19 months after Riyadh topped the list. China's General Customs Administration data indicated today, Monday, June 20, that Russian…
Continue ReadingThe US Dollar Strengthens Early Friday Ahead of Powell, Industrial Production, and the Holiday Weekend Early Friday, the US dollar was stronger against its major trading partners ahead of a speech by Federal Reserve Chairman Jerome Powell, the release of…
Continue ReadingOil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases.…
Continue ReadingA new study warns of the risk of climate change worsening in coastal Britain, finding that rising seas will cause the loss of 200,000 homes in just 30 years. The study was carried out by a group of researchers at…
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