News

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Fri, 06 May 2022 10:44:19 GMT

Natural Gas reaches above $9.00

At mid-day on Friday, the price for Natural Gas reached above the $9.00 level, which is the highest level since August 2008.

Fri, 06 May 2022 10:30:07 GMT

NYSE owner profits

Intercontinental Exchange, which owns the New York Stock Exchange, announced this week that the company had increased quarterly profits due to higher trading volumes.

Fri, 06 May 2022 08:30:07 GMT

HSBC comments on EUR/USD

This week, the HSBC revealed that the bank expects the euro-dollar to reach parity by the fourth quarter of 2022.

Fri, 06 May 2022 06:30:06 GMT

Czech National Bank raises interest rate

On Thursday, the Czech National Bank surprised the markets by hiking interest rates by 0.75%. The event caused an immediate spike of the value of the Czech Koruna.

Thu, 05 May 2022 14:30:05 GMT

Factory activity declines in Mexico

In April, manufacturing sector in Mexico experienced a consecutive 26th month of decline, as inflation continued to decrease demand.

Thu, 05 May 2022 12:30:07 GMT

Moderna raises forecast

Moderna revealed this week that the company expects higher coronavirus vaccine sales during the second part of 2022.

Thu, 05 May 2022 11:03:09 GMT

Bank of England hikes interest rate

At 11:00 GMT, the Bank of England hiked its official interest rate from 0.75% up to 1.00%, which is a 13-year high level.

Thu, 05 May 2022 10:30:06 GMT

Barrick Gold doubles dividend

This week, Barrick Gold announced that due to increases in metal prices and profits the company would double its dividend.

Thu, 05 May 2022 08:30:07 GMT

US manufacturing slows down

During April, US factory activity slowed down to a new low level, as companies reported employee shortages.

Thu, 05 May 2022 06:30:06 GMT

US trade deficit reaches record high

In March, US trade deficit increased by 22.3% up to $109.8 billion. During the period imports surged 10.3% and exports increased by 5.6%.

Wed, 04 May 2022 19:24:17 GMT

Federal Reserve hikes interest rate

On Wednesday, the US Federal Reserve hiked interest rates by 0.50%. Afterwards, the Chairman of the bank Jerome Powell hosted a press conference. Comments made by Powell that the bank is not considering 0.75% rate hikes caused a drop of the US Dollar.

Wed, 04 May 2022 16:43:46 GMT

Airbus delays airplane production

On Wednesday, Airbus announced that the company would delay its new A321XLR jet release into 2024.

Wed, 04 May 2022 15:00:07 GMT

Federal Reserve hikes interest rate

On Wednesday, at 18:00 GMT, the US Federal Reserve was set to hike interest rates. Market consensus forecasts signalled a 0.50% rate hike.

Wed, 04 May 2022 14:23:56 GMT

Crude oil prices react to EU proposal

On Wednesday, crude oil prices surged, as the European Union proposed a ban of Russian oil imports.

Wed, 04 May 2022 14:19:30 GMT

Canadian factory activity declines

This week, it was revealed that factory activity in Canada had decreased due to capacity constraints.

Tue, 03 May 2022 14:30:06 GMT

Markets prepare for US rate hikes

During the first half of the week's trading, global markets were preparing for the incoming US Federal Reserve Rate hike by moving to safe-haven assets.

Tue, 03 May 2022 12:30:06 GMT

Apple is fined by EU regulators

This week, EU antitrust regulators announced that they would fine Apple for restricting access to the company's NFC chip technology.

Tue, 03 May 2022 10:30:06 GMT

Google addresses EU antitrust fine

On Monday, Alphabet urged second-highest EU court to dismiss a 1.49 billion Euro antitrust fine.

Tue, 03 May 2022 08:30:06 GMT

Bank of Japan comments on inflation

The Bank of Japan announced on Monday that inflation in Japan would remain persistent due to increases in fuel and food prices.

Tue, 03 May 2022 06:30:05 GMT

US natural gas production slows down

Reuters revealed this week that despite surging demand US natural gas production growth had slowed down due to lack of pipeline infrastructure.

Mon, 02 May 2022 14:30:05 GMT

Factory activity declines in China

Reuters revealed on Friday that the Chinese Purchasing Managers Index is set to reveal a steep decline in production activity in China.

Mon, 02 May 2022 12:30:07 GMT

French economy stagnates

Data for the first quarter of 2022 revealed that the French GDP had remained unchanged. The markets expected a GDP growth of 0.3%.

Mon, 02 May 2022 10:30:05 GMT

RBA raises interest rates

A Reuters poll revealed that surveyed economists expect the Reserve Bank of Australia to raise interest rates by 0.25% on Tuesday.

Mon, 02 May 2022 08:30:07 GMT

US Dollar books record month

With the end of April trading, the US Dollar index booked its biggest month of gains since 2015.

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