Major economies are forecast to produce more than double the amount of coal, oil and gas in 2030 than what is needed to reach the climate goals in the Paris Agreement, Reuters reported Wednesday, citing a report by the United…
Continue ReadingEuropean Forex news roundup: The dollar languishes, while equities rise once more. Forex market news from the European trade session on October 19, 2021 In terms of big stories, it was a quiet afternoon, but market movement was solid as…
Continue ReadingMany major oil companies, led by Saudi Aramco, have begun to take serious steps to diversify oil sales, especially with the rise in natural gas prices, which have reached record levels recently. Many countries view natural gas as a transitional…
Continue ReadingGold prices rose on Tuesday, with weak dollar and US bond yields, which provided some support for the precious metal as central banks moved towards easing economic stimulus. Gold prices ended their trading on Monday with a decline, deepening their…
Continue ReadingThe dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets and by improved sentiment that lifted equities and risk-sensitive currencies such as the Australian dollar. A robust start to the U.S.…
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