Category: Finance
U.S. Oil Nearly One Month Low Gold One Month High
First-time jobless claims in the U.S. last week set a new low in more than a year since the outbreak…
Powell continues dovishness, oil market production increase expected to ferment
[Market Review]. The Fed will not tighten policy quickly. Fed Chairman Jerome Powell testified before Congress and continued his dovish…
Yellen: Inflation surge will continue for months
In an interview with CNBC on Thursday, Yellen said she believes the surge in inflation will continue for several more…
Powell: monetary policy is one of the factors that led to the rise in house prices
At 21:30 on Thursday, Fed Chairman Jerome Powell makes a testimony statement before the Senate Banking Committee on the semi-annual…
Powell triggers gold bulls, crude oil shorts coming on strong?
[Market Review]. Powell continues to put doves. Early this morning, Fed Chairman Jerome Powell said the labor market is improving,…
UAE denies OPEC+ talks to increase production Crude oil dives
While news of a compromise among the main contending parties is rampant, it appears that the much-hyped internal OPEC+ oil…
Powell: high inflation is temporary, should still be highly accommodative
In the early hours of Thursday morning Beijing time, Fed Chairman Jerome Powell made a testimony presentation on the semi-annual…
S&P Dow second highest U.S. bond yields retreat
U.S. inflation fever, following the June CPI, June PPI also exceeded expectations for a big increase, the fastest year-on-year growth…
China’s container crisis causes global supply chain disruptions, European goods to rise in price
Gabriel Felbermayr, director of the Institute for the World Economy (IfW) at Kiel University, said in an interview with Deutsche…
OPEC+ reaches agreement to increase production to start in August
The Organization of Petroleum Exporting Countries (OPEC) said today that the world’s major oil producers have reached an agreement to…
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