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28 January
Fed's Bostic favors a less drastic rate hike at the next meeting

On Saturday, the president of the Federal Reserve Bank of Atlanta, Rafael Bostic, noted that he was ready to speak out against rate hike of 0.75% at the next Fed meeting. He advocates slowing the pace of interest rate increases, with no more than 1 percentage point of hikes, to combat inflation.

21 November 2022
Gold price continues to decline early in the week

After closing below the $1,750 level last week, the price of gold is considered vulnerable, especially amid hawkish comments from the Fed and coronavirus problems in China strengthening the U.S. dollar.

21 November 2022
Bob Iger returns to Disney as CEO

Less than a year after retiring, Bob Iger returns to Disney as CEO.

21 November 2022
Serious leak of natural gas on a Pennsylvanian facility is liquidated

According to Equitrans Midstream Corp., the leak of natural gas that occurred at the Rager Mountain Storage facility in Jackson was liquidated on Monday. According to preliminary and conservative estimates, 100 MMcf/d had been bursting.

21 November 2022
China’s central bank reduces short-term liquidity for the first time in 8 days

On Monday, November 21, The People's Bank of China (PBC) reduced short-term liquidity from the banking system for the first time over the last eight days, as bond markets managed to rebound after the recent sell-off.

21 November 2022
Europe is rushing to fill storage with Russian diesel before the import ban comes into effect

European traders are rushing to fill their tanks with Russian diesel. The aim is to replenish stocks before the EU imposes a ban on its imports in February. However, the Eurozone countries have virtually no alternative sources of diesel supplies.

21 November 2022
Cryptocurrency exchange FTX owes creditors more than $3 billion

On Saturday, court filings revealed that cryptocurrency exchange FTX owed its top 50 creditors at least $3 billion. Earlier this month, the cryptocurrency giant filed for bankruptcy in the US, seeking court protection.

21 November 2022
Australia understands that there's no replacement for Chinese consumers

The Australian government did many things during the 30-month trade rift with China. However, many exporters had great difficulties.

21 November 2022
Hopes for a strengthening of the pound sterling remain

Demand for the U.S. dollar is recovering, causing the GBPUSD to start the week in a bad way. Ahead of the Bank of England's speech, the pound is being

21 November 2022
China's pandemic restrictions put pressure on oil prices

Against the backdrop of an ever-increasing number of COVID-19 cases in China, the country's economic outlook has weakened. This led to the fact that oil prices are under pressure.

21 November 2022