OPEC oil production rose by about 217,000 barrels per day during the past month, and most of the increase came from Saudi Arabia, Venezuela, the United Arab Emirates and Kuwait, according to the quotas agreed upon within the OPEC +…
Continue ReadingOil prices turned higher, during trading today, Thursday, with Brent crude exceeding the level of $ 83, with the release of the monthly OPEC report. Crude prices fell earlier in trading, on fears that accelerating inflation in the United States…
Continue ReadingSummary U.S. CPI rises at fastest pace since 1990, roiling markets Broad-based inflation challenges Fed's "transitory" narrative Dollar hits 15-1/2-month high on bets for earlier rate hikes Treasury yields jump while breakeven rate soars to record high Australia leads decline…
Continue ReadingEuropean Forex news roundup: The dollar rises ahead of inflation data European trade session forex news - 10 November 2021 In terms of headlines, it was a calm session as the market waited for the release of US inflation…
Continue ReadingThe shares of the American giant General Electric Company rose by about 6%, on Tuesday evening, hours after announcing its plan to split into 3 companies, after years of poor performance of its shares and the accumulation of debts. The…
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