No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
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.
On Thursday, the European Union (EU) proposed a cap on Russian oil prices of $60. U.S. Treasury Undersecretary Wally Adeyemo supported the proposal.
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.
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.
Chevron Corp CEO Michael Wirth said the likelihood that Chevron will invest in Venezuela is extremely low.
On December 2, 2022, Nonfarm and other indicators of the US labor market, employment and unemployment in Canada and the speech of Bank of Australia head will be in the spotlight.
The U.S. dollar attempts to stay above the level of 1.34 against the Loonie, or Canadian dollar (USD/CAD currency pair). However, it’s getting more difficult to do so amid the prevalent selling of the American currency.
Japan's manufacturing activity contracted in November for the first time in nearly two years, according to a private study.
After a warm November, temperatures will drop this month across Europe, and increased pressure on natural gas supplies will test the region's fragile energy networks.
It’s reported that the inflation held the Germans back from non-essential goods. Thus, the retail sales figure for October was significantly lower than predicted.