2023-09-22 06:34:50 Gold futures rose by about 0.2% to $1,943.8 per ounce Gold prices recorded an increase today, Friday, despite the strength of the dollar and the rise in US Treasury bond yields, but they are heading towards recording weekly losses. Gold futures rose by about 0.2%, to $1,943.8 per ounce, after witnessing their largest … Read more
Prepared by: Hisham Mukhaneh Bitcoin started its new year very well, and the most popular currency crossed the $24,000 barrier, before it retreated slightly and settled above $23,000. Although the price is still a far cry from the record set in November of 2021, which was $68,990 per unit, it gave players in the market … Read more
Gold prices are rising and remain close to the highest level in the past eight months, supported by the weakness of the dollar and hopes of slowing the pace of raising US interest rates. The instability of the dollar price supports the rise in the price of gold Gold prices rose today, Tuesday, and remained … Read more
European shares jumped on Thursday, rebounding from a nearly two-year low touched earlier in the session, after US inflation data boosted bets that the Federal Reserve will raise interest rates. The pan-European Stoxx 600 index fluctuated up and down during the session before closing 0.9 percent higher and ending a six-day loss. Data showed US … Read more
Oil prices rose, on Friday, and headed for gains for the second week in a row, supported by the decision of OPEC + to make the largest supply cut since 2020, despite concerns about recession and high interest rates. The cut decided by the OPEC + cartel, which includes the Organization of the Petroleum Exporting … Read more
The dollar fell on Friday ahead of the US non-farm payrolls report later in the day, which may test the strength of the US economic recovery, but with the Federal Reserve committed to fighting inflation, strategists believe that any decline in the value of Currency will not continue.The euro and the pound sterling compensated for … Read more
The dollar recovered, on Wednesday, from recent losses, as investors considered that the Federal Reserve (the US central bank) is likely to stick to its stance of monetary tightening by raising interest rates and will not change it, while the euro and sterling fell by at least one percent. The euro fell one percent to … Read more
London (Archyde.com) Sources in the Organization of the Petroleum Exporting Countries (OPEC) said that the “OPEC Plus” group of oil producers is considering making production cuts of more than one million barrels per day, and that voluntary cuts by member states could be in addition to that, making it the largest reduction in a year. … Read more