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The Organization of the Petroleum Exporting Countries (OPEC) is expected to conduct its annual strategy meeting this week confident in its increasing short-term influence.  As recently as 2019, the US became a net exporter of energy for the first time ...

Investors breathed a sigh of relief after news emerged that the Omicron variant is not as dangerous as first feared.  The US Dollar climbed to 113.89 against the Japanese Yen after Monday's two week low of 112.97. The Dollar Index, ...

Global stocks fell on Friday on the back of fears that a new infectious strain of COVID-19 could cause renewed restrictions. The Dow faced its worst trading day in a year, with global oil prices also taking a hit. The ...

High inflation in the US shows no sign of slowing, especially in the short term. The US Fed understands this, as confirmed in notes released this week from its most recent meeting. Fed officials are bracing for elevated levels of ...

The US is on the verge of selling crude oil to the OPEC market from its emergency stockpile as part of a plan to slow soaring energy prices. Known as an oil “swap,” the US Strategic Petroleum Reserve (SPR) will ...

There is apprehension in global markets as a combination of factors place strain on key world economies.  Countries the world over are facing a cost-of-living squeeze amid surging gas prices and supply bottlenecks. In China, persistent high inflation and energy ...

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 expected ...

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 energy ...

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 amount of electricity it ...

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 ...

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 is expected to reflect that ...

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-chip companies such as ...

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. The legendary Omaha-based ...

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 heating gas methane by 30% ...

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