BITCOIN AND OTHER ALTCOINS RISE AS MOMENTUM ACCELERATES The price of crude oil continued rising on Monday morning as the war of words between the US and Russia escalated during the weekend. In a speech, Joe Biden said that...
NASDAQ 100 BULLISH MOMENTUM ACCELERATES AS VOLATILITY REDUCES American stocks rose on Thursday evening after mixed economic data from the country. According to the Bureau of Labor Statistics (BLS), the country’s initial jobless claims declined from 215k to 187k...
EURCHF RETREATS AFTER THE DOVISH SNB INTEREST DECISION The price of crude oil held steady on Thursday as several of the most respected oil traders warned that the price could soar to $200 a barrel. In a statement to...
JAPANESE YEN RETREATS SHARPLY AS BOJ CONCERNS REMAIN US stocks rose on Tuesday even after the hawkish statement from Jerome Powell on Monday. The Dow Jones rose by over 250 points while the Nasdaq 100 index added about 300...
CRUDE OIL PRICE STEADY AMID SAUDI ARABIA SUPPLY CHALLENGES The price of crude oil held steady in the overnight session as supply concerns remained. The biggest issue is the ongoing crisis in Ukraine, which has pushed western countries to...
EUROPEAN EQUITIES MUTED AS CRISIS IN UKRAINE ESCALATES The New Zealand dollar retreated slightly on Monday even after the strong trade numbers from the country. According to the statistics agency, imports declined from NZ$5.92 billion to NZ$5.88 billion. At...
CRUDE OIL SUPPLY AND DEMAND IMBALANCES REMAIN Crude oil prices remained at elevated levels on Monday morning as investors reacted to the rising fears of supply and demand imbalances. Brent is trading at $107 while WTI is at $103....
EUROPEAN AND AMERICAN STOCKS RETREAT AS UKRAINIAN TENSIONS RISE European stocks and American futures retreated on Friday as the crisis in Ukraine continued. Negotiators between Ukraine and Russia have not made any substantial progress in the past few days....
NASDAQ 100 WAVERS OVER WORRIES OF AGGRESSIVE FED US stocks wavered on Thursday as the market continued reflecting on the decision by the Federal Reserve. The Dow Jones and Nasdaq 100 were little changed after the Fed warned that...
CRUDE OIL PRICE RETREATS AS CHINA CONCERNS REMAIN The price of crude oil continued its downward trend as investors focused on the sweeping lockdowns announced in China. In the past few days, the number of Covid-19 cases in some...
