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Oil hits multi-year high on OPEC+ restraint amid global energy crunch

  • 06 October, 2021
  • 12:47 pm EEST

Headlines: OPEC+ on Monday stuck to plan for gradual supply hikes U.S. crude stocks rise 951,000 barrels according to API - report Coming Up: EIA supply report, 1430 GMT   Oil hit a multi-year high on Wednesday above $83 a…

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The dollar and equities have gotten a relief, while oil has surged.

  • 05 October, 2021
  • 3:14 pm EEST

Markets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…

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Gold prices fall ahead of US jobs data

  • 05 October, 2021
  • 12:09 pm EEST

Gold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…

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Oil prices rise, supported by OPEC + decisions, and Brent crude near $ 82

  • 05 October, 2021
  • 11:48 am EEST

Oil prices rose during trading on Tuesday, reaching their highest levels in at least 3 years. Oil prices continued to reap the gains made during the previous session, after the world's major oil producers within the OPEC + alliance announced…

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The EUR/USD crosses 1.16 as the US currency falls.

  • 04 October, 2021
  • 4:37 pm EEST

The EUR/USD has started the week at 1.16, holding last week's losses. Concerns over China's Evergrande, uncertainties about US infrastructure, and inflationary concerns are all weighing on morale. Fed speakers are being considered. The EUR/USD pair is trading near the…

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