Category News

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Uncertainty clouds the mood

The Fed meeting minutes have caused enough uncertainty among investors on Wednesday. Even though the number of reported jobless claims was lower than expected, major indices such as the S&P 500 and Dow Jones are falling. The Fed plans to…

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Oil prices in wait-and-see mode

Investors look anxiously at the future oil demand, due to the further spreading delta variant Brent crude futures rose 70 cents, or 1%, to $69.73 a barrel. WTI crude futures rose 54 cents, or 0.8%, to $67.13 a barrel. Due…

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Gold metal falls – amid rising infection figures

Gold prices in Asia fell this morning. This is due to weakening economic data in China and the rapid increase in COVID-19 cases worldwide. Gold futures contracts fell 0.11% to $1,787.90. In contrast, the dollar was slightly stronger than yesterday.…

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Oil Prices Fall Amid Slowing Demand in China

After the release of official data, the slowdown in refining volumes, and economic activity in China, oil prices fell today by more than 1%. The price of Brent fell 90 cents, or 1.3%, to $69.69 per barrel. The price of…

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Gold value closes positive

Gold Price Closes Positive The U.S. Consumer Confidence Index fell according to data, prompting investors to buy gold contracts as a safe haven. COMEX market (commodity exchange) December gold contracts rise 1.51% to $1,778.2 The price rose $26.40 almost 0.9%…

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The Environmental Emergency is Escalating

Amid the escalating climate crisis, China increases coal-fired power capacity. Extreme weather events are rocking more parts of the world. Whether it’s wildfires in the U.S., flooding in Germany, or heavy rains in China, the extent of climate change is…

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Oil loses pace

Oil prices fell overnight as the International Energy Agency lowered forecasts for global consumption. The main cause is the rapid outbreak of the Delta virus, which has spread throughout the world. Brent crude oil drops 0.50%, or $70.80 per barrel,…

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