Gold prices fell on Friday, as traders were caught between concerns about widening inflation risks and the prospect of faster interest rate hikes, reducing the attractiveness of bullion as a way to hedge against inflation. Gold prices had closed their…
Continue ReadingU.S. stock futures were mostly lower on Friday, with the exception of Nasdaq-100 futures, with some citing concerns over a national lockdown to battle COVID-19 announced in Austria. How are stock-index futures trading? S&P 500 futures, -0.06% slipped 0.2% to 4,688…
Continue ReadingAsia Forex news roundup: Oil dries up On Thursday, November 18, 2021, forex news for Asia trading will be released. Late this afternoon, there was news out of the United States of fresh efforts to synchronize the flow of oil…
Continue ReadingAfter two weeks of difficult negotiations and pledges and promises from governments, international companies and bodies, the COP26 climate summit came out, with a draft of the "Glasgow Climate Charter", which was signed by 197 countries, from large economies such…
Continue ReadingOil prices turned higher on Thursday, with Brent crude rising above $80 again, after falling earlier in the session, with major oil consumers heading to release strategic reserves. Today, Thursday, China announced its intention to release reserves, in the wake…
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