The USDCHF has ping-ponged between the 200 hour MA below and the 100 hour MA above in the US session. The 200 hour MA comes in at 0.97726. The 100 hour MA comes in at 0.98155....
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Russia plans to launch a national oil trading platform
Russian officials and oil producers are in talks to create a global benchmark for Russian oil. The initiative was spurred on by talks about capping Russian oil prices, Bloomberg source said. Russia plans to create...
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2 Minutes
Russia plans to launch a national oil trading platform
Russian officials and oil producers are in talks to create a global benchmark for Russian oil. The initiative was spurred on by talks about capping Russian oil prices, Bloomberg source said. Russia plans to...
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2 Minutes
New car sales in Europe fall to 1996 low
European car sales posted their worst June in decades due to supply issues. Sales registrations fell 17% across the region; VW reports 20% cut Automakers have registered the lowest number of new vehicles in...
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3 Minutes
The rout of industrial metals is intensifying due to recession fears. Copper drops to 20-month low below $7,000
The economic flagship, copper, continues to fall to a 20-month low. Copper, traded on the London Metal Exchange, has fallen more than 25% this year Copper fell to a 20-month low as fears of a...
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3 Minutes
US does not expect Saudi Arabia to increase oil production immediately
Oil prices rise amid media reports that Biden will not be able to persuade the Saudis to increase production The United States does not expect Saudi Arabia to increase oil production immediately and is...
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2 Minutes
Gold shows longest streak of weekly losses since 2018
Gold falls due to the growth of the dollar and bond yields. Unlike the latter, it does not generate interest income, although it is also considered a defensive asset. Cash gold price chart in 1-week intervals...
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