News

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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Oil prices rise as a storm approaches the Gulf of Mexico Crude is heading for weekly gains

• 27 August, 2021
• 1:45 pm EEST

Oil prices rise as a storm approaches the Gulf of Mexico Crude is heading for weekly gains Oil prices rose during trading on Friday, negatively affected by fears of supply disruptions, after several companies in the Gulf of Mexico stopped…

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Gold prices cross the $1800 barrier ahead of Powell’s comments

• 27 August, 2021
• 12:53 pm EEST

Gold prices rose above the $1800 level, during trading on Friday, ahead of Federal Reserve Chairman Jerome Powell's comments. The yellow metal also benefited from the hawkish comments of the President of the US Central Bank in Dallas, Robert Kaplan,…

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Euro-FX news roundup: The dollar is barely moved in light trade.

• 26 August, 2021
• 5:58 pm EEST

Euro-FX news roundup: The dollar is barely moved in light trade. Forex market news from the European trade session on August 26, 2021 FX was relatively quiet on the session as the dollar remained stable amid some mild pushing and…

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