Summary U.S. CPI rises at fastest pace since 1990, roiling markets Broad-based inflation challenges Fed's "transitory" narrative Dollar hits 15-1/2-month high on bets for earlier rate hikes Treasury yields jump while breakeven rate soars to record high Australia leads decline…
Continue ReadingEuropean Forex news roundup: The dollar rises ahead of inflation data European trade session forex news - 10 November 2021 In terms of headlines, it was a calm session as the market waited for the release of US inflation…
Continue ReadingAt the COP26 Climate Summit, the UAE called on the countries of the world to cooperate to find sustainable solutions to reduce the repercussions of climate change and achieve sustainable economic and social growth. This call came from the Minister…
Continue ReadingChinese electric car maker Nio reported mixed financial results for the third quarter of 2021, with supply chain issues related, in particular, to a global chip shortage. China's accelerating shift towards electric cars helped reduce the loss of Neo -…
Continue ReadingCrude oil saw gains after concerns over a potential release from the US strategic petroleum reserve dissipated, with the US Energy Information Administration forecasting that the market will become oversupplied early next year, Australia's ANZ Bank said in a Wednesday…
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