News

Equities eye third week of gains after tech boost and dollar dips

• 22 October, 2021
• 12:59 pm EEST

FAANG stocks in focus ahead of earnings Evergrande averts default with surprise interest payment Crude bounces, dollar dips, gold higher GLOBAL MARKETS Global shares got a tech boost to help tee up a third straight week of gains on Friday,…

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European Forex news roundup: the dollar is marginally stronger, while equities are weaker.

• 21 October, 2021
• 5:54 pm EEST

European Forex news roundup: the dollar is marginally stronger, while equities are weaker. Forex market news during the European trade session on October 21, 2021 For the most part, it was a quiet session as the dollar held steady while…

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Government intervention lowers coal prices in China 11% for thermal coal and 8.8% for coke

• 21 October, 2021
• 4:27 pm EEST

China's coal futures fell amid signs of government intervention to bring record coal prices back to a reasonable range before the start of the winter season. At the start of trading on the Zhengzhou Commodity Exchange on Thursday, the most-traded…

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A new project for Aramco in Dammam with investments of one billion dollars To generate electricity and water desalination in cooperation with the Emirati Taqa and Marubeni of Japan

• 21 October, 2021
• 4:02 pm EEST

The Abu Dhabi National Energy Company "TAQA" and "Marubeni Corporation" "Marubeni" announced today, Thursday, the launch of a partnership to develop a new joint production project for electricity generation and water desalination in Saudi Arabia, in cooperation with Aramco. Sources…

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Gold prices rise for the third day with the decline of the dollar

• 21 October, 2021
• 2:47 pm EEST

For the third day in a row, gold prices continued to rise, supported by the decline in dollar prices, which provided a fertile ground for investors to seek the precious metal. Many investors expect rising inflation to prompt central banks…

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