No change of the indicator value may reduce the volatility of the related markets.
Yesterday at 2:45 PM
Other news
Categories
Oil stabilizes due to stronger dollar
Oil prices declined during early Asian trade on Friday as the U.S. dollar cut its losses slightly. In turn, easing of COVID-19 restrictions in two Chinese cities compensated for the strengthening of the dollar.
2 December 2022
Inflation pressure eased as less intensive factory downturn was registered across eurozone in November
According to a recent survey, a downturn in manufacturing activity was less pronounced in the euro countries in November. And while European factories are still to face difficulties as winter comes, now there exists a possibility it wouldn't be extremely severe.
2 December 2022
Bank of America: EURUSD will go up to 1.1 by the end of 2023
According to the Bank of America Global Research economists, the dollar is likely to remain stable early next year. However, they expect it to reverse course and decline during the year.
2 December 2022
Exports of Saudi oil fall due to supply cuts in the U.S. and China
In November, exports of crude oil from Saudi Arabia dropped significantly due to a critical decrease in supply to the U.S. and China. According to Bloomberg, the total volume of oil supplies fell to about 7.1 million barrels per day.
2 December 2022
Canadian dollar is weaker than other G10 currencies
The U.S. dollar weakened against some other currencies. On Thursday the Canadian dollar lost positions against its U.S. counterpart.
2 December 2022
Gold stalled gains ahead of U.S. payrolls data
Gold prices held steady on Friday as the market was in a standstill, waiting for U.S. payrolls data to be released. The statistics could have an impact on the Fed's monetary tightening course.
2 December 2022
U.S. Treasury chief backs $60 price cap on Russian oil
On Thursday, the European Union (EU) proposed a cap on Russian oil prices of $60. U.S. Treasury Undersecretary Wally Adeyemo supported the proposal.
2 December 2022
SocGen: the average oil price will be $98 in the first quarter of 2023 and $108 in the second
Societe Generale analysts have updated their forecast of Crude Oil prices. Their expectations are associated with maintaining a high level of prices in the first half of 2023 and a further decline to $93.5 in the fourth quarter of the coming year.
2 December 2022
Rabobank: EURUSD will fall back to parity next year due to another surge in gas prices
The currency pair EURUSD again rose higher to the level of 1.05. But according to economists of Rabobank, the pair will fall again to the currency parity level in 2023. It will happen because the problems in the energy sector affect the euro.
2 December 2022
Chevron is unlikely to invest in Venezuela in the next six months
Chevron Corp CEO Michael Wirth said the likelihood that Chevron will invest in Venezuela is extremely low.
2 December 2022
