FTSE 100 SLIPS AS UK BRACES FOR MORE SHIPPING DELAYS UK stocks declined as investors continued to worry about the growing logistics challenges facing the country. This is after it was reported that many shipping companies like Maersk were...
FTSE 100 SLIPS AS UK BRACES FOR MORE SHIPPING DELAYS UK stocks declined as investors continued to worry about the growing logistics challenges facing the country. This is after it was reported that many shipping companies like Maersk were...
BTCUSD BULLISH MOMENTUM TO 60,000 CONTINUES The price of crude oil jumped sharply on Monday as investors remained optimistic about the rising demand and tight supplies. The price of WTI crude jumped to $81 while Brent hit a multi-year...
EURUSD MUTED AS EUROZONE INFLATION SPIKES TO 13-YEAR HIGH The euro was relatively unchanged after the relatively strong Eurozone consumer inflation data. According to Eurostat, the bloc’s consumer price index rose from 3.0% in August to 3.4% in September....
EURUSD SLIDES TO MULTI-MONTH LOW AS DOLLAR STRENGTH REMAINS Global stocks staged an unease recovery rally on Wednesday after some positive news from Evergrande. The company said that it will sell a stake in a commercial bank for $1.5...
EUROPEAN STOCKS RETREAT AS ENERGY CRISIS CONTINUES European equities declined sharply on Tuesday as investors remained concerned about the surging energy costs in the region. In Germany, the DAX declined by 0.81% while the FTSE 100 and CAC 40...
US DOLLAR REBOUNDS AHEAD OF FOMC DECISION The Japanese yen remained in a tight range in early trading as the market reflected on the latest Bank of Japan (BOJ) interest rate decision. The bank decided to leave interest and...
US DOLLAR GAINS MOMENTUM AFTER HAWKISH FOMC MINUTES US stocks declined on Wednesday as the market reacted to the latest Federal Reserve minutes. The minutes showed that most members of the bank’s monetary policy committee believe that the economic...