To increase oil sales to Asia, Saudi Arabia has reduced oil prices for all of its grades. The increase in official selling prices for three months has made refiners suffer.
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Investing in retirement capital is one of the important topics in today's financial world.
Gold prices remained steady on Friday. This was as global risk appetite remained constrained by fears of a slowing global economic recovery due to renewed cases of the delta strain of the coronavirus.
It is no secret that one of the key topics in the U.S. now is the Fed's quantitative stimulus program.
Yesterday the first important report of the week was released in the States. It is about U.S. inflation, which has been causing a lot of questions and discussion lately.
Democrats in the U.S. Senate used their advantage to take an important step toward the biggest change in decades - reducing poverty, taking care of the elderly and protecting the environment - by putting another mind-boggling $3.5 trillion into the budget.
The euro-dollar pair in the Asian session on Monday tried again to overcome the support level of 1.1740 (bottom line of the Bollinger Bands indicator on the D1 timeframe), but retreated again, reflecting the indecision of traders.
All last week the participants of stock and currency markets waited impatiently for the data on the US labor market.
The U.S. Senate came close to passing a $550 billion infrastructure spending package.
The key US stock indices ended last week in a minimal decline, having moved only slightly away from their absolute highs.
On Friday, the Labor Department released a report that is under intense public scrutiny. He showed that US employment rose more than expected in July.
This week has set new gas price records in Europe. Due to the reduction in Russian gas supplies, its cost in Europe has more than doubled.
Back in early 2021, Elon Musk and Tesla bought about $1.5 billion worth of Bitcoins at an average price of $36,000 per Satoshi.
