The production of jet fuel in China witnessed a sharp decline, during the month of April, as part of the price the country is paying in its fierce war against the Corona virus, which was born globally for the first…
Continue ReadingOil prices rose today, Wednesday, May 18, on expectations that the easing of restrictions imposed to combat the Corona virus in China will lead to a rise in demand, as industry data showed a decrease in US crude stocks. And…
Continue ReadingFed Bullard predicts that US growth will remain above trend due to strong consumption. The U.S. economy is likely to continue growing at an above-trend pace for at least the next 18 months, and households are likely to continue spending…
Continue ReadingGold prices rose, today, Tuesday, May 17, with the dollar’s decline, after previous pressures that led to the decline of the yellow metal with the recovery of US Treasury bond yields. The dollar is struggling to make gains after falling…
Continue ReadingThe dollar has fallen from two-decade highs, while the yuan has fallen due to weak Chinese data. The U.S. dollar was down slightly on Monday after hitting a 20-year peak last week, with the global economy in focus after the…
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