ECB Pablo Hernandez de Cos, an ECB policymaker, made the following remarks: A gradual withdrawal of stimulus is adequate in the current context Further rate increases could be made in the coming quarters This ...

India restricts wheat trade.

by admin · May 18, 2022 ·

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India has banned wheat exports with immediate effect, citing a threat to food security, in part due to the conflict in Ukraine and as a scorching heatwave curtailed output and ...

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Sri Lanka is running out of gasoline

by admin · May 17, 2022 ·

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Sri Lanka's newly appointed prime minister has stated that the cash-strapped island nation has run out of petrol, and that the country urgently needs $75 million in foreign exchange in ...

Forex News May 17, 2022

by admin · May 17, 2022 ·

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OPEC+ OPEC+ continues to produce well below the required level in April, with Russia accounting for roughly half of that. Compliance with OPEC+ output cuts increased to 220 percent in April, ...

Trading Copper

by admin · May 16, 2022 ·

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Copper is a global commodity with numerous applications in industry and is highly correlated with economic growth. Copper trading is frequently used by hedgers and speculators to protect or profit ...

Finland and Sweden are planning to apply to join NATO.

by admin · May 16, 2022 ·

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Finland's President Sauli Niinisto stated at a press conference alongside Prime Minister Sanna Marin, "Today, we, the president and the government's foreign policy committee, have decided that Finland... will apply ...

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Forex News May 16, 2022

by admin · May 16, 2022 ·

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Ratings Fitch Ratings expects the global fiscal recovery to slow in 2022 and 2023.According to Fitch Ratings, the global fiscal recovery in 2021 that followed the Covid-19 shock in 2020 has ...

USD/TRY picks up pace

by admin · May 14, 2022 ·

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On Friday, USD/TRY extended its monthly rebound for the seventh consecutive session, as the dollar's rally continues unabated and geopolitical concerns keep the lira on the back foot so far. USD/TRY ...

Forex News May 14, 2022

by admin · May 14, 2022 ·

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Oil Oil has now reached a new high for the week. This is the third consecutive week of gains. The oil market's resilience this week is astounding. Nonetheless, oil is poised to gain ...

Trading Commodities

by admin · May 13, 2022 ·

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Commodities are raw materials or agricultural products that can be bought and sold, with gold, natural gas, and wheat being examples. Commodities are essential to life – from copper to ...