Today, Tuesday, the American Exxon Mobil Corporation announced its profits in the fourth quarter of 2021, reaching 8.87 billion dollars, the largest in 7 years, which led to a rise in profits for the whole year to 23 billion dollars.…
Continue ReadingThe yield curve for US Treasury bonds is expected to flatten and perhaps invert this year, according to Standard Chartered. The U.S. Treasury yield curve is likely to be totally flat by mid-year as the Federal Reserve raises interest rates,…
Continue ReadingGold prices are rising and heading for the largest monthly decline since September Gold prices rose in trading on Monday, but the precious metal is heading for the largest monthly decline since last September. This comes amid market expectations that…
Continue ReadingOil prices are turning up, and Brent crude is near $91 Oil prices turned up about 1% during trading on Thursday, with Brent crude rising near $91 a barrel, with geopolitical concerns continuing to support prices. Oil prices were lower…
Continue ReadingGold prices fell in trading Thursday, with the US dollar rising, after indications that the Federal Reserve will tighten monetary policy, and intend to raise interest rates starting next March. Geopolitical concerns about an imminent war between Russia and Ukraine…
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