News

Stocks, dollar pause their climbs and lira locked in tailspin

• 18 November, 2021
• 1:03 pm EET

Summary: Brent crude under pressure at $80 Turkish currency near collapse as cenbank poised to cut rates Dollar, stocks pause after hot November so far European gas prices consolidate 60% surge this month World stock markets and the dollar rally…

Continue Reading

Despite COP26 pledges, Indonesia plans to expand coal production

• 17 November, 2021
• 5:52 pm EET

With the COP 26 climate summit ended days ago, and the resulting international pledges to reduce coal use in a step on the way to completely abandoning it, Indonesia is adopting a new plan to change the course of its…

Continue Reading

European Forex news roundup: Dollar rally cools, but pound rises on UK inflation beat

• 17 November, 2021
• 5:36 pm EET

European Forex news roundup: Dollar rally cools, but pound rises on UK inflation beat Forex market news from the European trade session on November 17, 2021 For the most part, it was a quiet and steady afternoon, with the dollar's…

Continue Reading

Gold prices rise as inflation concerns persist

• 17 November, 2021
• 5:16 pm EET

Gold prices rose in trading on Wednesday, as concerns about inflation persisted, after a jump in US retail sales. This comes despite the rise of the US dollar, which limited the expansion of the yellow metal's gains.   Gold Prices…

Continue Reading

Oil prices are down 1%… and US crude is below $80 With anticipation of the US inventory report

• 17 November, 2021
• 4:04 pm EET

Oil prices deepened their losses by more than 1%, in trading today, Wednesday, with US crude falling below $ 80, before the release of official data on crude stocks in the United States. This comes at a time when many…

Continue Reading