News

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Fri, 03 Dec 2021 13:33:36 GMT

EUR/USD jumps on US employment release

At 13:30 GMT, the publication of the US monthly employment data caused a 40 base point spike on EUR/USD charts. In general, the value of the USD dropped on all USD involved pairs and commodity price charts.

Fri, 03 Dec 2021 13:26:09 GMT

US Treasuries experience record inflow

The Bank of America has revealed to the public that US Treasuries have experienced their biggest inflows since October 2020.

Fri, 03 Dec 2021 12:30:07 GMT

US Jobless Claims decline

During the prior week, the number of new US weekly jobless claims increased 28,000. However, continuous claims decreased by 107,000.

Fri, 03 Dec 2021 10:30:07 GMT

OPEC increases output

OPEC+ countries agreed this week that in January the group of countries would add additional 400,000 barrels to daily oil production.

Fri, 03 Dec 2021 08:42:14 GMT

Alibaba price passes low levels

On Tuesday, November 30, the stock price of Alibaba passed the 2018 and 2019 low levels at $129.70.

Fri, 03 Dec 2021 08:30:07 GMT

Crude oil reaches low level zone

During Thursday's trading, the prices for crude oil reached the $62.20 zone, which marks the start of the May and August low level zone of $61.80/$62.20.

Fri, 03 Dec 2021 06:30:08 GMT

Grab shares jump on IPO

On Thursday, the stock price of Grab jumped by 18%, as the stock began to trade in the US markets.

Thu, 02 Dec 2021 14:36:55 GMT

Crude oil reaches low level zone

By the start of Thursday's US trading, the prices for crude oil reached the $62.20 zone, which marks the start of the May and August low level zone of $61.80/$62.20.

Thu, 02 Dec 2021 14:30:07 GMT

Stellantis CEO comments on electric vehicles

The CEO of Stellantis, Carlos Tavares, stated this week that due to pressure to develop electric vehicles, automakers would cut costs on quality and workforce.

Thu, 02 Dec 2021 12:30:08 GMT

OECD flags inflation as risk

This week, the OECD announced that too high inflation would be the main risk to the global economy in 2022 and 2023.

Thu, 02 Dec 2021 10:30:07 GMT

Janet Yellen comments on stimulus

On Wednesday, the US Treasury Secretary Janet Yellen stated to the US Senate that the US $1.9 billion stimulus plan caused an increase of demand, but was a minor contributor to inflation.

Thu, 02 Dec 2021 08:56:11 GMT

Natural gas extends decline

On Thursday, the price for natural gas reached into levels not seen since July, as the commodity touched the $4.10 level.

Thu, 02 Dec 2021 08:30:10 GMT

Powell comments on wages

This week, the Chairman of the US Federal Reserve Jerome Powell stated that wages in the US are rising at a pace, which would not create inflation.

Thu, 02 Dec 2021 06:30:08 GMT

Wall Street indices recovers

During Wednesday's US trading hours, US stock indices recovered, as the previous Omicron driven sell-off appeared to have ended.

Wed, 01 Dec 2021 15:59:51 GMT

Apple books new all-time-high level

On Wednesday, the stock price of Apple surged and approached the $170.00 per share mark. Since October 4, the share price had gained more than 22.00%.

Wed, 01 Dec 2021 14:30:07 GMT

Japan speeds up launch of digital Yen

On Wednesday, Japan's Minister of Economic Security Takayuki Kobayashi stated that Japan would increase the pace of launching a digital Yen.

Wed, 01 Dec 2021 12:30:06 GMT

European stocks could reach new records

A Reuters poll revealed on Wednesday that European stock indices are expected to reach new record high levels in 2022.

Wed, 01 Dec 2021 11:05:06 GMT

Volkswagen stock recovers

On Wednesday, the stock price for Volkswagen recovered by 4.13%. The price for Volkswagen shares had declined from 208.00 EUR to 160.00 EUR since October 26.

Wed, 01 Dec 2021 10:49:27 GMT

Natural gas reaches August levels

During Wednesday's European trading hours, the price for Natural gas extended its decline, as it reached below the $4.40 mark. Gas prices have plummeted nearly 33.50% since the high level booked on October 6.

Wed, 01 Dec 2021 10:30:07 GMT

Asian stock indices recover

On Wednesday, stock indices in Asia sharply recovered from their 2021 low levels. However, the Federal Reserve and Omicron remained in focus.

Wed, 01 Dec 2021 08:00:52 GMT

Risk currencies recover on Wednesday

During Wednesday's Asian trading hours, risk currencies recovered, as the fears of the Omicron coronavirus decreased and risk appetite returned.

Tue, 30 Nov 2021 17:00:09 GMT

Twitter stock reaches new low

During Tuesday's US trading hours, the stock price for Twitter continued to plummet, as the price reached below the $44.00 mark. The decline was an extension of the more than 36.00% decline, which started on October 20.

Tue, 30 Nov 2021 16:38:51 GMT

AMD stock books new high

During the early hours of Tuesday's trading, the stock price for AMD reached above the $164.00 level. The stock price extended its surge to 64.00%, as the share price has been gaining continuously since October 6.

Tue, 30 Nov 2021 14:36:38 GMT

Oil reaches August levels

On Tuesday, the price for light crude oil reached below the $67.50 level, as the commodity price resumed its decline. Previously, crude oil prices plummeted on Friday, as a new coronavirus variant, Omicron, was revealed.

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