News

Oil price fell .. and US crude is less than $ 70

• 03 September, 2021
• 12:44 pm EEST

Oil prices fell, during trading today, Friday, amid anticipation of the monthly jobs report in the United States of America. And oil prices rose 2%, and record crude exceeded the barrier of $ 73 a barrel, at the close of…

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European stocks edge higher in cautious trading

• 02 September, 2021
• 10:38 am EEST

European stocks edged higher on Thursday supported by oil and chemical companies, while doubts over monetary policy outlook and signs of slowing global growth limited gains across the board. The pan-European STOXX 600 index .STOXX was up 0.1% by 0713…

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Commodity currencies are leading the day

• 01 September, 2021
• 10:37 am EEST

The market is opening European trading in a more upbeat attitude, as the recent rally in stocks has prompted more risk-on trading in FX, with commodities currencies pulling marginally ahead on the day. The previous smaller ranges are continuing to…

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Opec+ will meet amid growing demand concerns

• 31 August, 2021
• 1:30 pm EEST

Due to rising worries about the strength of demand, Opec+ will decide on 1 September whether to proceed with a quota increase of 400,000 b/d for October. Each month from August through April, Opec+ has the option of approving or…

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Despite weak retail sales, the Australian dollar remains stable.

• 27 August, 2021
• 3:32 pm EEST

Despite weak retail sales, the Australian dollar remains stable. The Australian dollar has gained ground in the Friday session. The AUD/USD currency pair is currently trading at 0.7256, up 0.28 %  on the day. The Australian dollar has had a…

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