The gas crisis in Europe is not entirely surprising. It has been looming since at least June, when stocks began gradually declining below normal levels during the summer, and the problem has worsened with gas prices more than tripling this…
Continue ReadingEuropean Forex news roundup: Risk trades recover Forex market news from the European trade session on September 21, 2021 Fears over Evergrande and China have faded - at least for the time being - as risk trades rebounded on the…
Continue ReadingSaad Al-Kaabi says his country does not plan to return to OPEC Qatari Energy Minister Saad Al-Kaabi revealed the reasons behind the rise in global gas prices during this period, and record levels, with the approach of winter. The CEO…
Continue ReadingGold prices fell at the beginning of trading on Tuesday, pending data on US building permits. Investors are taking a risk averse stance, ahead of the US Federal Reserve's policy decision and the ongoing debt crisis of China's China Evergrande…
Continue ReadingThe U.S. dollar stepped back from a one-month high tested overnight as equity market futures moved higher on Tuesday, while investors, bracing for a potential default by property developer China Evergrande, sought safety in the yen. Default fears continued to…
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