In the middle of the 35th week of 2022, gold lingered near 1-month low and was set for a fifth consecutive monthly drop. According to analysts and financial strategists this drop in the price of gold occurred because solid U.S. economic data and hawkish Federal Reserve (Fed) comments pointed to more...
The annual meeting of world financiers takes place on 25-27 August in Wyoming, USA, in the mountain resort of Jackson Hole. The 2022 Economic Policy Symposium, which is primarily attended by heads of central banks, prominent world bankers, scientists, economists and analysts, including leading world politicians, has...
The Organisation of the Petroleum Exporting Countries (OPEC) expressed a possibility of supply tightening of oil production, in particular Saudi Arabia. The commodity market reacted by to this news by increasing oil prices, which after a few weeks exceeded US$ 90 per barrel. This increase in oil...
According to technical analysis, the fall in the value of cryptocurrencies from June has already been overcome. One of the main findings is that the cryptocurrency Ether or Ethereum (ETH) has increased by more than 100% of its original exchange value against the US dollar (USD) to...
In the new trading week starting on 15 August, cryptocurrency traders recorded a lower volume of executed trades, and the market capitalization of the virtual currencies market returned to the level from the beginning of July this year. Last week, the 32nd one of 2022, the total...
According to data published on 10 August 2022 by the US Department of Labor, there was a decrease in the inflation rate in the United States (US) in July 2022, to 8.5% year-on-year compared to 9.1%, which was reported for June 2022. This is a surprising turn...
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Oil prices currently relatively stable
On Tuesday morning of 18 October 2022, oil trading - according to economic correspondents - has already relatively stabilized, and after the...
‘Powerful explosions’ behind Nord Stream leaks, Danish police say
By Stine Jacobsen
COPENHAGEN (Reuters) - A preliminary investigation of damages to the two Nord Stream gas pipelines in the Danish part of the Baltic...
EU countries at odds over how to tackle energy crisis
By Gabriela Baczynska and Charlotte Van Campenhout
BRUSSELS (Reuters) - Croatia and Lithuania want a wholesale gas cap, Germany prefers other solutions, while Finland and...
Russian court fines Amazon 4 million roubles for failure to delete illegal content
MOSCOW (Reuters) -A Moscow court on Tuesday said it had fined Amazon.com Inc (NASDAQ:AMZN) 4 million roubles ($65,000) for failing to remove banned content...
European shares at near two-week high amid UK fiscal plan optimism
By Amruta Khandekar and Devik Jain
(Reuters) -Europe's STOXX 600 rose for the fourth straight session on Tuesday, building on the previous session's rally that was driven...