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European Gas Prices Surge on Russia Pipeline Delays

European Gas Prices Surge on Russia Pipeline Delays

Commodities news
2 years ago

Russia’s Nord Stream 2 gas pipeline faced fresh commissioning delays as crucial approval from the German regulator was further delayed this week.  European gas prices rose sharply on the back of this news, as the pipeline is now only ex...

Bank of England Could Be First Major Central Bank to Tackle Inflation

Bank of England Could Be First Major Central Bank to Tackle Inflation

Stocks news
2 years ago

The UK is facing 10-year high inflation levels. With the US facing 31-year highs and China facing 26-year records, tackling inflation is on everyone’s agenda. Britain could be the first major economy to hike interest rates. Fueled by higher...

Bitcoin Takes a Hit as China Cracks Down on Crypto Mining

Bitcoin Takes a Hit as China Cracks Down on Crypto Mining

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

Gold Fails to Protect Investors from Runaway Inflation

Gold Fails to Protect Investors from Runaway Inflation

Commodities news
2 years ago

With inflation at a 31-year high and a 26-year record in the US and China, respectively, gold is not providing the protection it usually does. Gold Exchange-Traded Funds (ETF) are lagging. The SPDR Gold Trust (GLD), with $56.1 billion in assets, i...

US Stock Futures Hold Lower Ahead of Inflation Report

US Stock Futures Hold Lower Ahead of Inflation Report

Stocks news
2 years ago

Stock futures on both the Dow and Nasdaq ended Tuesday’s session lower, as investors keenly awaited an important inflation report to be released today.   The US Labor Department's Consumer Price Index (CPI) report for October i...

Five Things to Watch for this Week (8-12/11/2021) in the Markets

Five Things to Watch for this Week (8-12/11/2021) in the Markets

FOREX news
2 years ago

With trading sessions for the week starting November 8 now into their second day, here are the top five things to watch in markets.   US September-Quarter  Earnings Season Expect to see reports from a number of blue-ch...

The Reasons Why Warren Buffett Views Cryptocurrencies as Poison

The Reasons Why Warren Buffett Views Cryptocurrencies as Poison

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

Oil-Based Commodity Prices Soar on the Back Of COP26

Oil-Based Commodity Prices Soar on the Back Of COP26

Commodities news
2 years ago

The 2021 United Nations Climate Change Conference, also known as COP26, has seen politicians from several countries make ambitious pledges to reduce greenhouse emissions.  Scores of world leaders signed a pledge to slash potent climate heatin...

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