Breaking down the correlation between oil and gold prices
Investing.com — Economic analysts, investors, and market analysts have long been interested in the relationship between oil and gold prices.ย Both commodities have a critical role in the global economy…
Oil up 2% on Libya shutdowns, Mideast escalation fears
By Robert Harvey LONDON (Reuters) -Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on concerns that an escalating Gaza conflict…
Zcash Price Forecast & Predictions for 2024, 2025-2026 and Beyond
The popularity of cryptocurrencies is on the rise despite regulatory restrictions. Apart from well-known digital assets such as Bitcoin, Ethereum, and Litecoin, there are others attracting investors’ attention. One of…
Japanese Yen Strengthens on Fed-BoJ Divergence. Forecast as of 26.08.2024
The divergence in the monetary policies of the Fed and the Bank of Japan provides insight into the trajectory of the USDJPY pair. At the same time, expectations for a…
Russia’s Omsk oil refinery reports fire, operating normally
MOSCOW (Reuters) – The Omsk oil refinery, Russia’s largest, reported a fire on Monday but said it was operating as usual. “The fire at the Omsk refinery is under control.…
Exclusive: Aussie Retail Industry Deep Dive
Australia’s retail industry is a well-developed sector that plays a crucial role in the country’s economy. With no shortage of talent and a diverse pool of traders, Australia is a…
Oil up 1% on Mideast escalation fears, US rate cut expectations
By Robert Harvey LONDON (Reuters) -Oil prices rose 1% on Monday on renewed concerns that an escalating Gaza conflict could disrupt regional oil supplies, extending gains from Friday when the…
Match-Prime Expands Crypto CFD Liquidity Offering With 50:1 Leverage on Bitcoin
Match-Prime has launched an expanded cryptocurrency liquidity offering aimed at CFD brokers. The new service offer higher leverage limits and increased net open position (NOP) thresholds for major digital assets.…
US soft landing consistent with weaker dollar: Goldman Sachs
Investing.com — As the global economy grapples with uncertainties, the United States appears to be on track to achieve a “soft landing,” a scenario where the economy slows down without…
Crude Oil Price Forecast for 2024โ2030 and Beyond: WTI and Brent Outlook
The question of whether oil will rise or fall is a pressing concern for traders and investors who closely follow the energy market. Geopolitical and economic factors make oil price…