Oil Finds Support as IEA Warns of Low Inventories
USOil finds reprieve after yesterday’s plunge, as the International Energy Agency (IEA) talks of critically low inventories, in today’s latest monthly report
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USOil finds reprieve after yesterday’s plunge, as the International Energy Agency (IEA) talks of critically low inventories, in today’s latest monthly report
The central bank of New Zealand pressed on the tightening front, with another aggressive 50 basis points hike, but NZD/USD is little changed, as markets brace for another inflation update from the US
The pair extends its decline, as the Dollar’s appeal remains high amidst poor sentiment and favorable monetary policy differential
These are the 10 largest publicly traded companies in the world by market capitalisation as of 3 June 2022 in U.S. dollars (USD). Market cap is calculated by multiplying the number of the company's common shares outstanding by the market value of each share. 1. Saudi Aramco Saudi Aramco, or Saudi Arabian Oil Company, is the largest company in the world by market capitalization at US$8.9 trillion, although its publicly…
The German index starts the week with caution, as investors remain jittery due to fears of an economic downturn, with the maintenance shutdown of Nord Stream weighing on sentiment
The governing Liberal Democratic Party is set to expand its majority in the Upper House, after Sunday’s elections, with USD/JPY breaking fresh ground today
The never-ending saga carries on, as Mr Musk notified Twitter that he is terminating the takeover, but the Board of the social media firm is committed to closing the deal
In a holiday-shortened week in the US, there was not a lack of news, as we had the latest sales figures from Ford, Amazon got a stake in a food delivery firm among other developments, as markets prepare for the latest earnings season
Fears of recession have caused the pair to plunge this week, while Fed officials pressed on the tightening front, with hawkish comments
The pair dropped to the lowest levels since the height of the pandemic on Wednesday, hurt by recession fears and renewed political uncertainty in the UK
The Australian central bank stayed on its aggressive tightening path and delivered another rate increase today, in a decision that offered no surprises
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