News

Oil holds above $75 as storm-hit U.S. supply returns slowly

• 17 September, 2021
• 12:44 pm EEST

Brent oil futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3% thanks to the slow recovery in output after two hurricanes in the U.S. Gulf of Mexico. Brent crude…

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Ethiopia plans to invest $40 billion in renewable energy

• 16 September, 2021
• 4:07 pm EEST

Ethiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The…

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Asia FX news roundup: Australia’s employment data is dismal.

• 16 September, 2021
• 3:47 pm EEST

Asia Forex news roundup: Australia's employment data is dismal. On Thursday, September 16, 2021, forex news for Asia trading will be : The monthly Australian labor market report includes two "headlines," the net number of jobs gained or lost and…

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Focus on Fed taper signals boosts the dollar

• 16 September, 2021
• 11:39 am EEST

The dollar traded near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to…

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European FX news roundup: The dollar remains sluggish amid conflicting market sentiment.

• 15 September, 2021
• 3:45 pm EEST

European FX news roundup: The dollar remains sluggish amid conflicting market sentiment. Forex market news from the European trade session on September 15, 2021 It was a mixed day in European morning trade today, with regional indices looking more sluggish…

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