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In June, Canada’s inflation rate reached 8.1 % as gasoline prices rose.

• 20 July, 2022
• 5:43 pm EEST

In June, Canada's inflation rate reached 8.1 % as gasoline prices rose. The annual inflation rate in Canada accelerated to 8.1 % in June, missing forecasts but remaining at its highest level since January 1983, according to Statistics Canada data…

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Gold prices fall as US bond yields rise

• 20 July, 2022
• 3:41 pm EEST

Gold prices fell, on Wednesday, as pressure from strong monetary policy concerns and rising bond yields outweighed the relief from the dollar's decline. This comes with the anticipation of central banks' moves to counter inflation, which has hit record levels…

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Germany restarts 16 coal and oil power plants

• 18 July, 2022
• 5:28 pm EEST

Germany intends to restart 16 power plants running on fossil fuels, mainly coal and oil, to avoid electricity shortages due to an expected Russian cut in exports to Berlin, The Kyiv Independent reported on Sunday 17 July. The newspaper pointed…

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Gold prices are falling and heading for weekly losses

• 15 July, 2022
• 4:21 pm EEST

Gold prices declined during trading today, Friday, July 15, 2022, to continue their path of the fifth consecutive weekly decline. The continued rise in the dollar and fears of higher US interest rates affected the demand for the yellow metal.…

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Oil prices rise 1%, and Brent crude is above $101

• 15 July, 2022
• 3:19 pm EEST

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…

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