Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4% of its value. Spot gold is currently trading at $2,561 per ounce.Experts believe that the decline in the value of gold is due to a strong dollar and expectations of a stricter US monetary policy under Trump. Also, high interest rates make gold less attractive to investors.Comments by Fed Chairman Jerome Powell, ... Read More
Asian countries have begun to actively purchase liquefied natural gas (LNG) for the autumn and... Read More
The main stock indexes of Europe are declining on Thursday – investors are waiting for the p... Read More
According to Statistics Canada, inflation reached 8.1% in June. The last time such values were... Read More
Yesterday's sharp rally of bitcoin continues today. The current BTC quote is $23982, although... Read More
The European Union intends to prepare for the upcoming winter without relying solely on Russian... Read More
Oil quotes are moderately declining on Wednesday after yesterday's growth to the highest since the... Read More
The bitcoin exchange rate has risen to a monthly maximum, and the Coinbase cryptocurrency exchange... Read More
According to the final data of the Statistical Office of the European Union Eurostat, consumer... Read More
Monday, July 18Traditionally, the macroeconomic calendar is completely empty at the beginning of... Read More
Last year, the euro lost almost 15%, and the other day it reached parity with the US dollar. The... Read More
Europe has become the largest buyer of American oil for the first time in 6 years, overtaking Asia... Read More
The exchange rate of the single European currency is likely to remain at parity with the US dollar... Read More
Last night, the Beige Book was published – a summary of the comments of the US Federal Reserve on t... Read More
The European Commission has worsened the forecast for inflation in the EU countries in 2022 from... Read More
The price of oil continues to decline, reaching a minimum of more than five months at $97.29 per... Read More
US Treasury Secretary Janet Yellen discussed with Vice Chairman of the State Council of the... Read More
According to the United States Department of Labor, annual inflation in the country accelerated in... Read More
Experts of the International Energy Agency reported that at the moment the world oil market is in a... Read More
For the first time in history, the Bank of Korea decided to raise the key rate by 50 basis points... Read More
Oil prices were actively declining during Monday's trading, reaching a local low at $103.70 per... Read More
Experts suggest that if the Fed continues to keep interest rates at high levels for a long time,... Read More
Monday, July 11Once again, the macroeconomic calendar on Monday is completely empty, so market... Read More
The energy crisis in Europe continues to develop, reaching unprecedented proportions. First,... Read More
Economists note that the Bloomberg Commodity Spot index has already fallen by 20% since it hit an... Read More
Last night, the minutes of the US Federal Reserve meeting for June were published. According to the... Read More
Gold prices collapsed below $1,750 an ounce for the first time since March last year. The current... Read More
The price of Brent crude oil dropped below $100 per barrel for the first time since April 25. The... Read More
The strike of representatives of the oil and gas industry in Norway ended after the intervention of... Read More
Experts suggest that the cost of natural gas in Europe may rise to $2,000 per thousand cubic meters... Read More
The Norwegian trade union Lederne and its workers have announced the start of a strike, which... Read More
