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Category archives for Inflation

Gold prices rise marginally and are heading for weekly losses

  • 24 June, 2022
  • 3:47 pm EEST

Gold prices marginally increased, during trading today, Friday, June 24, 2022, but it is on its way to achieving the second consecutive weekly decline. This comes with fears that major central banks will implement significant increases in interest rates to…

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Gold prices fall as US bond yields rise

  • 21 June, 2022
  • 3:19 pm EEST

Gold prices fell, during trading today, Tuesday, June 21, 2022, with the increase in US bond yields. This comes in light of investors' anticipation of the position of major central banks to raise interest rates to get a clearer view…

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Euro edges higher with focus on ECB, dollar retreats

  • 20 June, 2022
  • 6:33 pm EEST

Euro edges higher with focus on ECB, dollar retreats The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now…

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The US Dollar Strengthens Early Friday Ahead of Powell, Industrial Production, and the Holiday Weekend

  • 17 June, 2022
  • 3:32 pm EEST

The US Dollar Strengthens Early Friday Ahead of Powell, Industrial Production, and the Holiday Weekend Early Friday, the US dollar was stronger against its major trading partners ahead of a speech by Federal Reserve Chairman Jerome Powell, the release of…

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Oil prices are rising… and Brent crude is above $120

  • 17 June, 2022
  • 2:21 pm EEST

Oil prices rose today, Friday, June 17, 2022, with continued supply tightening and new US sanctions to limit Iranian oil exports. Crude prices had started trading lower, with concerns about demand emerging in the wake of US interest rate increases.…

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