Lucid (NASDAQ: LCID) stock is trading in the opening market, today, Monday, down 3.79%, to reach the level of $41.98 . The stock was up nearly 10% on Friday, as the electric car maker rebounded for a second session after…
Continue ReadingEUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize,…
Continue ReadingNonfarm payrolls in the United States increased much less than expected in December, while the unemployment rate fell. The December employment data showed a 199,000 gain in nonfarm payrolls, significantly behind the 450,000 jobs growth projected in a Bloomberg survey,…
Continue ReadingOil prices turned lower during trading on Friday, with Brent crude falling below $ 82, but it is still on track to achieve weekly gains, driven by supply concerns amid escalating unrest in Kazakhstan and outages in Libya. Investor sentiment…
Continue ReadingThe Royal Bank of Canada has released a report on the World Energy Outlook in 2022, which reports analysts' forecasts for the world's oil, gas, electricity and minerals. The report, which was issued in mid-December, included an optimistic view of…
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