News

Kenya plans to generate electricity from LNG as an alternative to oil by 2030

• 28 October, 2021
• 5:54 pm EEST

Kenya is on the right track to clean energy by converting heavy oil power plants to liquefied natural gas by 2030. In this context, the state-owned Kenya Electricity Generating Company (Kengen) is planning to conduct a feasibility study to restructure…

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Currencies remain quiet in Europe, but the yield curve continues to flatten.

• 28 October, 2021
• 4:57 pm EEST

Forex market news for the European trade session on October 28, 2021 Currencies remain quiet in Europe, but the yield curve continues to flatten. In European morning trade, Forex activity was centered on the bond market once again, making for…

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Gold prices rise with the weakness of the dollar and the decline in US bond yields

• 28 October, 2021
• 3:25 pm EEST

Gold prices rose in trading today, Thursday, and settled above $ 1,800, supported by the weakness of the dollar and the decline in US bond yields. This comes in conjunction with investors awaiting the meetings of a number of central…

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Euro hovers ahead of ECB meeting, yen looks past BOJ doves

• 28 October, 2021
• 11:15 am EEST

Headlines ECB decision at 1130 GMT, news conference to follow BoJ gives another dovish outlook on inflation Aussie falls after surprise RBA decision ECB The euro dipped below $1.16 ahead of the European Central Bank meeting on Thursday as investors…

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Asia Forex news roundup: Australian inflation rises

• 27 October, 2021
• 6:10 pm EEST

Asia Forex news roundup: Australian inflation rises On Wednesday, October 27, 2021, forex news for Asia trading will be released. The session's main focus was the announcement of Australian inflation figures. Official inflation statistics in Australia is only released four…

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