News

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Tue, 06 Jul 2021 11:35:39 GMT

Crude oil reaches 2018 high level

On Tuesday, the US Light Crude oil price and other oil price benchmarks had reached 2018 high levels.

Tue, 06 Jul 2021 09:17:06 GMT

Markets expect ISM Services PMI

On Tuesday, financial market participants were expecting the 14:00 GMT release of ISM Services Purchasing Managers Index. The event caused notable USD value adjustments in March and June.

Tue, 06 Jul 2021 06:38:55 GMT

RBA beats down the AUD

At 04:30 GMT, the Reserve Bank of Australia published its cash rate and rate statement. The event caused a 21 base point decline on the AUD/USD currency exchange rate.

Tue, 06 Jul 2021 06:31:27 GMT

US Dollar extends decline

During early Tuesday's trading hours, the US Dollar extended the decline, which began after the monthly employment data publication on Friday.

Mon, 05 Jul 2021 16:44:46 GMT

Oil prices jump 1.50%

During late Monday's trading, crude oil prices jumped by more than 1.50%, as OPEC+ failed to reach a deal.

Mon, 05 Jul 2021 15:50:44 GMT

Markets expect RBA Statement

On Tuesday, at 04:30 GMT, the Reserve Bank of Australia was set to publish its Cash Rate and Rate Statement, which are bound to impact the value of the Australian Dollar.

Mon, 05 Jul 2021 15:06:43 GMT

Morrisons stock jumps on Monday

At the start of Monday's European trading hours, the stock price of Morrisons Supermarkets jumped by 10.33% or 24.88 GBP. The stock price surged due to the fact that on Saturday the company agreed to an $8.7 billion takeover bid.

Mon, 05 Jul 2021 13:17:15 GMT

US markets are closed

On Monday, July 5, US stock markets were closed due to the observance of Independence Day.

Mon, 05 Jul 2021 11:05:28 GMT

Oil prices surge due to OPEC+

During Monday's trading, crude oil price benchmarks surged due to OPEC+ seeking to break the Saudi-UAE standoff.

Mon, 05 Jul 2021 09:27:19 GMT

World stock prices remain near high levels

During Monday's Asian trading hours, stock indices fluctuated near recently reached all-time-high levels

Sat, 03 Jul 2021 03:00:07 GMT

US stocks reach record high

US stock indices ended the week's trading by booking new all-time-high levels.

Sat, 03 Jul 2021 02:00:06 GMT

Markets expect FOMC Meeting Minutes

During the upcoming week, markets participants are bound to watch the FOMC Meeting Minutes on Wednesday at 18:00 GMT.

Fri, 02 Jul 2021 12:47:11 GMT

US Dollar drops on employment data

On Friday, at 12:30 GMT, the US Dollar declined in value due to the publication of US employment data sets.

Fri, 02 Jul 2021 07:07:24 GMT

US Dollar continues to gain

On Friday, the US Dollar index continued to gain ground, as it entered a fifth consecutive session of gains. Since Monday, the index had gained more than one percent.

Fri, 02 Jul 2021 07:02:31 GMT

Stocks hold near record high

On Friday, stock indices around the world remained near global high levels, as markets expected US data.

Fri, 02 Jul 2021 07:01:02 GMT

Markets expect US data

During Friday's trading hours, the markets were looking forwards to the US Unemployment Claims that were set to be released at 12:30 GMT.

Thu, 01 Jul 2021 16:00:09 GMT

Nissan invests in UK

On Thursday, Nissan Motor Company revealed that it would invest $1.4 billion in a new United Kingdom factory that would produce batteries for 100,000 per year.

Thu, 01 Jul 2021 15:00:07 GMT

PepsiCo cuts sugar levels

PepsiCo announced on Thursday that the company would cut sugar levels in soda by 25% in the European Union by 2025.

Thu, 01 Jul 2021 13:00:06 GMT

Shell exits California

Reuters revealed on Thursday that Shell would exit joint ventures that the company participated in in California.

Thu, 01 Jul 2021 10:45:33 GMT

Credit Suisse realigns strategy

On Thursday, Credit Suisse Chairman Antonio Horta-Osario stated that by the end of the year the bank would introduce a new strategy.

Thu, 01 Jul 2021 10:39:33 GMT

US Dollar reaches high level

During Thursday's European trading hours, the US Dollar index reached a 3-month high level, as it passed the 92.40 mark, which provided resistance on June 21.

Thu, 01 Jul 2021 10:33:46 GMT

Momentum weakens in Asia

On Thursday, Reuters revealed that factory production momentum had slowed down all across Asia due to new Covid measures.

Thu, 01 Jul 2021 10:17:37 GMT

Japan extends Covid-19 measures

The Japanese government announced on Thursday that it would extend Covid-19 measures due to a rise in infections.

Thu, 01 Jul 2021 09:23:20 GMT

Oil prices remain flat

On Thursday, crude oil price benchmarks remained almost flat, as the markets were expecting the OPEC+ meeting.

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