Energies
About: Designer
Recent Posts by Designer
Moscow Responds to the New Sanctions Package Targeting Russia
European Central Bank Vice President Luis de Guindos said yesterday, Thursday, November 24, that inflation in the eurozone will hover around its current level over the next few months before starting to decline at some point during the first half of 2023. And European stocks rose at the close of trading yesterday, Thursday, November 24,Continue Reading
The Stock Markets Are Shining and The Dollar Is Paying the Price
The minutes of the latest Fed meeting on Wednesday, November 23, showed that most of the Fed’s officials support slowing the rate hike soon. Reflecting statements that multiple officials have made over the past several weeks, the meeting summary pointed to smaller rate hikes coming. Markets widely expect the rate-setting Federal Open Market Committee toContinue Reading
Attention turned towards the Federal Reserve minutes and the markets are experiencing calm before the storm
A senior official at the US Treasury Department said on Tuesday (November 22nd) that the Group of Seven countries is expected to announce soon the rise of Russian oil export prices, and that the group will most likely adjust the level a few times a year rather than monthly. This rise in oil prices wereContinue Reading
The US dollar is gradually regaining its strength, pushing commodities and stocks lower
China imposed new strict COVID-19 measures in Beijing after the country reported the first death case in nearly six months, and this negatively affected stock markets along with gold and other commodities. Kitco senior analyst Jim Wyckoff said the news from China was putting stock and commodity markets under pressure due to global demand concerns.Continue Reading
A week with a lot of economic news, and oil breaks $80 a barrel
A lot of economic news came up this week, led by the purchasing managers’ indices in America and Europe, and the minutes of the Federal Reserve meeting. As for Turkey, it is expected that we will witness a new cut in interest rates during the central bank meeting. On the other hand, the New ZealandContinue Reading
