Oil prices rose, during trading today, Wednesday, June 8, 2022, amid expectations of a decrease in US oil stocks. The rise coincides with expectations of increased demand for fuel in the upcoming driving season, as the US Energy Information Administration…
Continue ReadingThe US dollar strengthens early Tuesday ahead of trade The US dollar rose against its major trading partners early Tuesday ahead of the release of data on the April international trade gap and weekly Redbook US retail sales, but the…
Continue ReadingItaly's yields fall ahead of the ECB meeting, as markets increase their bets on ECB hikes. Benchmark Italian yields fell on Monday following news that the European Central Bank was planning a new bond-buying program to assist vulnerable economies, even…
Continue ReadingGold prices rose about $5, during trading today, Monday, June 6, 2022, supported by a slight decline in the dollar price and US Treasury bond yields. This comes despite the fact that the outlook for the yellow metal has been…
Continue ReadingThe dollar rose after job growth in the United States exceeded expectations. The US dollar edged higher against a basket of currencies on Friday, as a better-than-expected US employment report pointed to a tight labor market, which could lead to…
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