Oil prices rose again by more than 1% during trading on Thursday, with Brent crude rising above $92, in a volatile session, with the release of the monthly OPEC report. Crude prices turned lower earlier in trading, with a noticeable…
Continue ReadingEuro zone inflation doesn't require significant policy tightening, ECB's Lane says As pandemic-related bottlenecks in goods and labor are removed, euro zone inflation will return to trend without considerable policy tightening by the European Central Bank, according to the ECB's…
Continue ReadingGold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday;…
Continue ReadingOn Wednesday, Romania's central bank raised its key interest rate by more than expected, predicting that inflation will hit double digits in the second quarter, fueled by rising energy prices, and will remain above goal for longer. The bank increased…
Continue ReadingGold prices retreat from the highest level in a week Gold prices fell on Tuesday, but remained near their highest levels in a week, pending the release of US inflation data for January, which is crucial to the Federal Reserve's…
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