News

Gold prices rise less than 1%, supported by fears of the Omicron spread

• 01 December, 2021
• 5:42 pm EET

Gold prices rose on Wednesday, as weak bond yields and uncertainty about economic growth due to the Omicron coronavirus mutated pushed investors to the safe haven of gold. And the spot gold price rose 0.59% to $ 1748.92 an ounce…

Continue Reading

Oil prices rise more than 4% .. and Brent crude is above $ 72 In anticipation of the OPEC meetings

• 01 December, 2021
• 5:33 pm EET

Oil prices rose more than 4% in trading today, Wednesday, to compensate for some sharp losses from the previous session. The price hike comes as investors await the OPEC+ meeting to discuss how to respond to the threat of lower…

Continue Reading

European Forex news roundup: Risks rebound as omicron fears fade for the time being.

• 01 December, 2021
• 5:11 pm EET

European Forex news roundup: Risks rebound as omicron fears fade for the time being. Forex market news during the European trade session on December 1, 2021   It was a bullish session for risk trades as the market shrugged off…

Continue Reading

Euro dollar volatility surges on Omicron, bets on Fed

• 01 December, 2021
• 1:50 pm EET

The dollar edged up on Wednesday as euro-dollar volatility hit the highest level of the year in response to worries about the Omicron variant, while the dollar found support in renewed expectations for interest rates hikes. The dollar index DXY rose…

Continue Reading

Oil prices deepen their losses to 4%, and Brent crude is less than $71 With growing fears of Omicron

• 30 November, 2021
• 5:56 pm EET

Oil prices deepened their decline by more than 4%, during trading today, Tuesday, with Brent crude falling below $ 71, with doubts about the effectiveness of Corona vaccines against the Omicron mutant. The decline came after the president of Moderna…

Continue Reading