News

Note: This section contains information in English only.
Tue, 28 Sep 2021 08:54:01 GMT

Brent oil price reaches $80

Brent oil tops $80 a barrel, its highest price since October 2018, amidst fears over tight supply. 

Mon, 27 Sep 2021 14:30:10 GMT

APPEC comments on oil demand

On Monday, oil producers and traders gathered at APPEC for a conference. Most expressed views revealed that the sector expects a resurgence in demand.

Mon, 27 Sep 2021 12:30:14 GMT

Crypto exchanges cut ties

Reuters reported on Monday that cryptocurrency exchanges were cutting ties with their Chinese users due to a government crackdown.

Mon, 27 Sep 2021 10:30:10 GMT

Oil prices surge

On Monday, crude oil price benchmarks continued to surge, as prices gained for fifth consecutive trading session.

Mon, 27 Sep 2021 08:25:06 GMT

Asian shares trade flat

During Monday's Asian trading hours, stock indices in Asia remained flat, as the markets waited for new information about the Evergrande fallout.

Fri, 24 Sep 2021 14:30:10 GMT

Wall Street expects Powell to stay

Reuters revealed on Friday that Wall Street mostly expects the current head of the Federal Reserve Jerome Powell to remain in his post for another four year period.

Fri, 24 Sep 2021 12:30:10 GMT

Lagarde comments on inflation

On Friday, ECB President Christine Lagarde revealed to CNBC that many current causes of inflation were temporary.

Fri, 24 Sep 2021 10:30:09 GMT

Evergrande fails to pay

On Friday, Reuters revealed that some of Evergrande bond holders had not received their payments that were due by Thursday.

Fri, 24 Sep 2021 07:13:31 GMT

USD trades near low level

During early Friday's trading hours, the US Dollar index fluctuated near one-week low level due to one of the biggest drops in a month.

Fri, 24 Sep 2021 06:30:23 GMT

White House addresses semiconductor crisis

The US White House announced on Thursday that it would discuss new option to overcome the ongoing global semiconductor deficit.

Thu, 23 Sep 2021 14:30:07 GMT

Evergrande avoids bond default

On Thursday, Bloomberg revealed that the Chinese government had ordered Evergrande to avoid a near-term USD denominated bond default.

Thu, 23 Sep 2021 12:30:08 GMT

Stocks recover on Thursday

During early Thursday's trading hours, global stock indices continued to surge, as a recovery was fueled by news that the US would keep monetary stimulus intact.

Thu, 23 Sep 2021 11:53:11 GMT

Swiss monetary policy is unchanged

On Thursday, at 07:30 GMT, the Swiss National Bank announced that it would not change its monetary policy, as it sees no reason for it.

Thu, 23 Sep 2021 11:04:28 GMT

Bank of England reveals policy

At 11:00 GMT, the Bank of England published its Monetary Policy Summary. In general, policy remained unchanged, but details of how the decision was made caused GBP volatility.

Thu, 23 Sep 2021 09:14:15 GMT

Amazon to create data centres in New Zealand

Amazon's cloud computing unit to invest $7.5b in data centers in New Zealand and create 1000 jobs.

Wed, 22 Sep 2021 18:03:25 GMT

Fed releases Meeting Minutes

At 18:00 GMT markets became highly volatile, as the US Federal Reserve released Economic Projections and Meeting Minutes. The EUR/USD immediately started bouncing in a 35 base point range.

Wed, 22 Sep 2021 14:30:09 GMT

Incoming Fed Meeting Minutes

On Wednesday, at 18:00 GMT, the US Federal Reserve Meeting Minutes were expected to cause notable market volatility.

Wed, 22 Sep 2021 13:44:35 GMT

Lufthansa stock plummets

On Wednesday, Lufthansa initiated a stock rights offering. As a result of the event, the price of the stock plummeted by 28.04%.

Wed, 22 Sep 2021 12:30:09 GMT

Bank of Japan comments on economy

The Bank of Japan revealed on Wednesday that the Japanese economy would eventually recover despite it being expected to occur at a slower pace.

Wed, 22 Sep 2021 10:05:55 GMT

Ifo institute slashes forecast

On Wednesday, the German Ifo institute revealed that it would decrease 2021 GDP growth forecast to 2.5%.

Wed, 22 Sep 2021 02:30:08 GMT

Cryptocurrencies decline on Tuesday

During Tuesday's trading hours, cryptocurrency markets declined, as major crypto prices reached early August levels.

Tue, 21 Sep 2021 15:11:37 GMT

Biden sanctions crypto exchange

On Tuesday, the US Treasury announced that the US President Joe Biden would soon issue sanctions against a cryptocurrency exchange for its role in ransomware attacks.

Tue, 21 Sep 2021 13:52:37 GMT

Stock markets recover

At the start of Tuesday's US trading hours, global stock indices recovered, as trading began above previous day's levels.

Mon, 20 Sep 2021 17:19:58 GMT

USD holds steady

On Monday, despite an all out asset sell off, the US Dollar continued to trade flat.

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