Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 0.6% on a monthly basis in March from 0.4% in February. to be updated…

In its latest monthly report, the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil demand growth in 2021 to 5.95 million barrels per day from 5.89 million barrels per day in the previous report, per Reuters. “There have been sizeable drawdowns in global inventories since mid-2020 …

The dollar rose from a nearly three-week low against the major rivals on Tuesday, buoyed by a surge in US Treasury bond yields, as investors awaited closely watched US inflation data, which is scheduled for release later on Tuesday. The dollar had retreated, as did US bond yields this month, …

The ZEW Institute for Economic Research said that investor sentiment in Germany recorded a sudden decline in April, pointing to growing concerns about the imposition of tougher isolation measures in Europe’s largest economy, reducing private consumption. The German ZEW headline numbers for April showed that the Economic Sentiment Index dropped …

The US Food and Drug Administration said it is asking states to temporarily stop using Johnson & Johnson’s Covid-19 vaccine after 6 people in the United States developed a rare blood clotting disorder. The US Food and Drug Administration said the recommendation “results from an abundance of caution,” adding that …

It reached an unprecedented peak at $ 62,575, to continue its series of gains in 2021 and reach a new peak. The price of the largest cryptocurrencies in the world has more than doubled this year amid the growing acceptance of the traditional financial sector as an investment tool and …

Data showed that industrial production rose 8.8% on an annual basis in February, which is in line with expectations and indicates its growth for the ninth month in a row after it was affected last year as a result of measures to contain the Coronavirus pandemic. The Turkish Statistics Institute …

Oil prices rose on Tuesday, April 13th, as data from China showed an increase in the growth of imports of the second-largest consumer of oil in the world. Brent crude futures were up 31 cents, equivalent to 0.5%, to $63.59 a barrel, while U.S. crude futures increased 28 cents, or …

Gold prices stabilized on Tuesday, April 13th, as participants in market operations continued to refrain from trading ahead of the release of inflation data in the United States, which is expected to shed more light on the recovery in the world’s largest economies. Gold was little changed in spot transactions …

European stocks hovered just below their all-time high on Tuesday, April 13th, as strong export data from China boosted optimism about a faster global economic recovery, while investor interest shifted towards important US inflation data to be released later today. The European Stoxx600 index was up 0.1%, after hitting an …