Rising Energy Costs Top EU Political Narrative
With record-high power prices, the European Union announced on Wednesday that it would examine its energy markets structure and investigate recommendations to reform existing policy...
Gold Falls As Greenback Appreciates, US Treasury Yields Increase
Gold prices fell in the early hours of Wednesday morning in Asia, as the Greenback rallied and the yield on 10-year Treasury notes increased. The...
Crude Oil Futures: Continued Rise Possible
Following the release of preliminary findings for the crude oil futures markets by the CME Group, investors reported that they increased by over 24.7K contracts...
Hopson Group To Acquire A Unit At Evergrande
China’s Evergrande will offer a half interest in its real estate division to Hopson Development for about USD 5 billion (HKD 40 billion). Evergrande Real...
COVID-19 Tablet From Merck Reduces Mortality And Illness By 50%
According to intermediate test reports released on Friday, Merck & Co Inc's oral medication for COVID-19, Molnupiravir, lowered the likelihood of hospitalization or fatality in...
China’s Electric Vehicle Companies Target Europe
With Europe's push for green energy, China's battery-powered car companies are racing into Europe, hoping to surprise established automakers. On Thursday, Nio Inc, one of...
OPEC+ Is Helpless About Preventing Oil Price Surge
Few could have imagined that after an unusually lengthy bull run this year on the back of growing consumption, oil prices would continue to rise...
SGX Reported A Massive Rise In Forex Volumes In AUG 2021
SGX – Singapore Exchange reported the market statistics recorded in August 2021 today. The statistics announced revealed a massive jump up to about 12% on...
BoE: Rate Increase May Be Earlier Than Anticipated
After deliberating at its September meeting, the Bank of England (BoE) determined that the current stance of monetary policy was acceptable. Despite the 'modest tightening'...
Crude Price Prediction: Five Day Rally Matches July Peak
After breaking out of the falling range earlier this year, oil prices appear to be on track to challenge the yearly high ($76.98), and anticipated...