Energies
About: Designer
Recent Posts by Designer
The Sterling Pound Falls Amid BOE Decision
The Bank of England decided to raise interest rates in the U.K. by 50 basis points in its bid to control inflation, but economists around the world agree that this move will take the British economy into a recession faster than expected and more severe. The British pound fell victim to the British Central Bank’sContinue Reading
04 August 2022 – WTI Falls Below $90 a Barrel
U.S. Dollar Index (USDX) The dollar index surged nearly 1% in the past two days after hawkish comments from two Federal Reserve members drove up expectations of sharper interest rate hikes this year. San Francisco Fed President Mary Daly and Chicago Fed President Charles Evans both signalled that inflation is yet to cool in theContinue Reading
03 August 2022 – Between Chinese Conflict and Fed Statement; Gold Gold Volatility Rises
U.S. Dollar Index (USDX) The dollar stuck in choppy trade on Wednesday, after its biggest surge for weeks as Fed officials talked up the potential for further aggressive interest rate hikes. On Tuesday, Fed officials Mary Daly and Charles Evans signaled that they and their colleagues remain resolute and “completely united” over getting rates upContinue Reading
From the interview with our market analyst Khalid Al-Qudah on CNBC Arabia to discuss the recent market updates.
02 August 2022 – Gold And Oil; Volatility In The Driver Seat
U.S. Dollar Index (USDX) The U.S. dollar index was volatile after data showed U.S. manufacturing activity slowed less than expected in July. Last week, the Fed raised the benchmark overnight interest rate by three-quarters of a percentage point. The move came on top of a 75 basis points hike last month and smaller moves inContinue Reading
