Equity indices declined sharply Friday, posting losses between 2 and 5%, ending their uptrends as a new, potentially more dangerous strain of COVID has been discovered in South Africa. Late Thursday, the World Health Organization announced that it's monitoring a new…
Continue ReadingEuropean Forex news roundup: The dollar's ascension continues. Forex market news from the European trade session on November 24, 2021 It was a nice day with some back-and-forth action, but the mood music in FX remains the same as it…
Continue ReadingThe citizens of Nigeria recently woke up to a crazy rise in the prices of liquefied petroleum gas, or “cooking gas,” which prompted most families to use firewood and coal. Evidence suggests that Christmas rituals will be affected if cooking…
Continue ReadingOil prices turned lower during trading on Wednesday, while awaiting the release of official data on oil inventories in the United States. Crude prices had risen earlier in the trading, with the failure of the United States and a number…
Continue ReadingGold prices rose in trading on Wednesday, amid expectations that the US Federal Reserve's move to raise interest rates will be soon. The rally in the yellow metal's prices came despite the dollar's rally, which limited gains for gold that…
Continue Reading
