Oil prices rise 1%, and Brent crude is above $101 Oil prices rose by more than 1%, during trading today, Friday, July 15, 2022, after US statements that an immediate increase in Saudi oil production is not expected, following US…
Continue ReadingConsumer inflation in the United States has reached its highest annual rate since 1981. Consumer prices in the United States rose 9.1 % in June, the largest annual increase in more than four decades, as gasoline, food, and rent remained…
Continue ReadingGold prices rose marginally during trading today, Wednesday, July 13, 2022, and hovered near their lowest level in 9 months. This comes at a time when investors are awaiting the monthly US inflation data; Looking for clues on the way…
Continue ReadingOil prices fell by more than 3% during trading today, Tuesday, July 12, 2022, with the increase in infections with the new Corona virus in China, the largest importer of crude in the world. And the Covid-19 injuries in China…
Continue ReadingFollowing strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest…
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