No change of the indicator value may reduce the volatility of the related markets.
15 July
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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
Forex Events for 12/02/22
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.
1 December 2022
U.S. dollar attempts to stay above the level of 1.34 against the Loonie
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.
1 December 2022
Manufacturing activity in Japan declined for the first time in almost 2 years
Japan's manufacturing activity contracted in November for the first time in nearly two years, according to a private study.
1 December 2022
