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Climate Summit COP26 .. 4 major countries fail to agree to get rid of coal European Energy Commissioner: Energy crisis is no reason to hold on to coal

• 04 November, 2021
• 6:00 pm EET

The COP26 climate summit is continuing, and in a deal that environmental activists considered disappointing, 40 countries agreed to phase out coal plants during the 1930s and 1940s, a deal that the world's largest economies left behind. The move bolstered…

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European currency news roundup: the dollar rises, and the Bank of England is next.

• 04 November, 2021
• 5:41 pm EET

European currency news roundup: the dollar rises, and the Bank of England is next. Forex market news during the European trade session on November 4, 2021   The dollar has regained favor as the market continues to find its footing…

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Oil prices rise by more than 2%, and Brent crude is near $ 83

• 04 November, 2021
• 4:59 pm EET

Oil prices extended their gains to more than 2%, during trading today, Thursday, with the expectation of the OPEC + alliance’s decision on production policy. Investors expect the major producers in the OPEC + alliance to stick to the policy…

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Oil prices fall 3% with the release of the US inventory report

• 03 November, 2021
• 5:35 pm EET

Oil prices deepened their decline by about 3%, during trading today, Wednesday, as US crude fell below $ 82, after the release of data on crude stocks in the United States. This comes with mounting pressure on OPEC + to…

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The EUR/USD remains under pressure near 1.1570, as the FOMC meeting approaches.

• 03 November, 2021
• 5:15 pm EET

The EUR/USD remains under pressure near 1.1570, as the FOMC meeting approaches. EUR/USD keeps the offered stance unchanged around 1.1570. US ADP report surprised to the upside in October at 571K jobs. The FOMC event is due later with QE…

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