July 7, 2023: Oil Rises, Dollar Stable, while Meta Stock Declines

Oil rises to a second weekly increase, supported by strong demand. Oil prices rose on Friday, July 7, on their way to recording a second consecutive weekly gain, as strong demand led to a larger-than-expected decline in US crude inventories, outweighing concerns about the repercussions of interest rate hikes in the United States. Brent crude

Read More »

June 26, 2023: Dollar, Gold, and Oil React to Global Economic Factors

The dollar wavers as investors focus on interest rates and economic expectations. On Monday, June 26, the dollar declined before receiving some support as a haven amid ongoing concerns that prolonged monetary tightening policies pursued by major central banks would further harm global economic prospects. Meanwhile, business activity in the United States dropped to a

Read More »
No more posts to show