Energies
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Recent Posts by Designer
13 June 2022 – U.S. CPI Hits Fresh 40 Year High
market news summary U.S. CPI hits fresh 40 year high; A recession is on the horizon; Fed meeting on Wednesday; Crude oil demand is seen higher. U.S. Dollar Index (USDX) Expectations of a more hawkish Fed are pushing up the dollar against most peers. The dollar index was 0.3% up at 104.52, which is itsContinue Reading
Mr. Khalid Al-Qudah on CNBC Arabia discussing the current market state
10 June 2022 – U.S. CPI Data Is The Focus Today
market news summary U.S. Dollar Index (USDX) Market participants will focus on the US inflation data today as the next test for markets. The figures will provide clues about how efficient the Federal Reserve policy is and how aggressive it should be. Experts expect the data to show annual consumer-price gains of more than 8.4%.Continue Reading
ECB Disappoints The Markets
ECB Inflation outlook While the soaring inflation is depleting consumers’ purchase power, the European Central Bank (ECB) council decided not to touch interest rates in this meeting. While the council seemed confident that the inflation will return to the targeted range of 2% in the medium term, the European figures didn’t look optimistic. In theContinue Reading
09 June 2022 – ECB Meeting Is Under The Microscope
market news summary U.S. Dollar Index (USDX) The U.S. Dollar was down this morning in Asia. The European Central Bank meeting and its policy are the focus of the market today. The U.S. Dollar Index inched down 0.09% to 102.45. Technically: The U.S. Dollar index formed a declining pattern as bears formed resistance at 102.60,Continue Reading
