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Responding to lingering concerns over supply, oil prices responded to strong short-term demand by trading at highs last seen in 2014. After last week’s trading, Brent crude futures reached $89.17 a barrel, its highest level since October 2014. US West ...

Chinese President Xi Jinping appealed directly to major central bank bosses to resist increasing interest rates to ensure global financial stability. Speaking this week at a World Economic Forum event, China’s leader asked major world economies to instead work in ...

Currency analysts are predicting a tough 2022 for Argentina, Latin America’s third largest economy. The Argentinian Peso is currently trading at 103.29 Pesos to the US Dollar, but is expected to tumble in the coming months, hitting a rate of ...

Copper prices climbed at the end of the week’s trading, in keeping with a bounce from global equities. However, the commodity was still on a downward trend overall. The US Dollar’s rising strength, plus the growing anticipation of a pre-emptive ...

US stocks dipped at the end of Wednesday's trading as meeting minutes from the last Federal Reserve sit down confirmed the extent to which the American central bank wants to reduce stimulus. The Dow closed the session down 1.1% while ...

Oil prices rallied on Wednesday as investors monitored the rising number of cases of the Omicron COVID-19 variant. Although there is mounting evidence that Omicron produces milder symptoms, it is still highly transmissible. Spiraling case numbers in several countries have ...

Emerging markets suffered a torrid year in 2021. Now, facing a new year with looming higher interest rates, stuttering growth in China, and the lingering Coronavirus pandemic, emerging markets face the future with more questions than answers. Analysts expect tighter ...

In May 2021, China started cracking down on crypto mining to protect its power supply and use it for manufacturing. By mid-2021, Bitcoin’s hashrate, which measures the total computational power contributing to the blockchain network, fell more than 50%. The ...

China’s efforts to reduce its climate footprint resulted in a 12% drop in Asian Benchmark iron ore prices on the Dalian Commodity Exchange for 2021. Full-year iron ore futures prices declined for the first time in three years, after prices ...

Asian stock markets showed mixed performance in trading from the last week of the year. With Omicron still looming over many countries, investors were listless. Although the Omicron variant is proving to be less deadly than previous strains, record numbers ...

The US Dollar showed strong gains in Tuesday’s trading on expectations the Fed would raise interest rates in the first quarter of 2022 to counter high inflation. The Dollar index, which measures the greenback against six peer currencies, was 0.217% ...

China’s ruling Communist Party is encouraging the country’s biggest e-commerce company Alibaba to design and manufacture its own computer processor chips. President Xi has recently said that “Self-reliance is the foundation for the Chinese nation.” This and other pronouncements designed ...

Japan belatedly joined several major nations in selling oil from its strategic reserves in an attempt to fight rising prices. The unprecedented multi-state release of crude oil has been championed by the Biden administration and has included key OPEC members. ...

Early data showing that the Omicron variant is not as serious as previous strains led to a rush of positive trading on Wall Street this Thursday. The S&P 500 was close to its record high from late November. Buoyed by ...

The US Dollar flagged to a one-week low against other major currencies as investors shifted toward a more positive outlook for the global economy. Fueled by news that Omicron will not be as serious as previous variants, risk appetite has ...