Gold prices rose on Tuesday as the US dollar and bond yields declined, although investors were cautious as markets awaited policy expectations from the Federal Reserve’s two-day meeting starting later Tuesday. And gold rose in immediate trading 0.5% to $ 1641.43 an ounce by 0548 GMT, after earlier touching its …

US President Joe Biden on Monday called on oil and gas companies to use their record profits to cut costs for Americans and increase production, or pay a higher tax rate, as he struggled to rein in gasoline prices a week before the midterm congressional elections. In remarks at the …

European natural gas prices fell during Monday’s trading after two consecutive days of gains, as unusually warm weather curbed demand and eased concerns about a winter supply shortage. Higher temperatures above normal delayed the build-up of gas demand in the European region, allowing storage sites that were already more full …

An annual forecast report released on Monday showed that OPEC raised its forecast for global oil demand in the medium and longer term, and said that $12.1 trillion in investment is needed until 2045 to meet this demand, despite efforts to shift to clean energy sources. In the report, OPEC …

Turkish Defense Minister Hulusi Akar said on Monday that suspending the agreement to export grain from the Black Sea will not benefit any of the parties involved, after Moscow suspended its participation in the initiative. Akar stated that he will hold a phone conversation with his Russian counterpart Sergei Shoigu …

The annualized Eurozone Harmonised Index of Consumer Prices (HICP) jumped by 10.7% in October vs. September’s 9.9%, the latest data published by Eurostat showed on Monday. The market forecast was for a 9.8% print. The core figures climbed to 5.0% YoY in October when compared to 4.9% expectations and 4.8% …

Russia’s Ministry of Defense on Saturday made an explicit accusation against British naval personnel over their involvement in last month’s Nord Stream 1 gas pipeline bombings. Russia has not provided any evidence for its claim that a prominent member of NATO – such as Britain – has contributed to sabotaging …

European shares fell on Monday, led by lower energy and mining shares, while investors awaited the key inflation reading in the eurozone, which is likely to show prices rose to new record levels in October. The pan-European Stoxx 600 index fell 0.1 percent after closing higher on Friday, while the …

Eurostat will release Harmonised Index of Consumer Prices (HICP) data for October on Monday, October 31 at 10:00 GMT. As we get closer to the release time, here are the expectations forecast by the economists and researchers of three major banks regarding the upcoming EU inflation print. TDS “We look …

Japan’s Nikkei index closed at a six-week high on Monday, October 31, tracking Wall Street’s strong close in the previous session, with technology stocks topping the list. The Nikkei rose 1.78% to 27,587.46 points, its highest level since Sept. 20, and its biggest one-day gain since Oct. 14. The broader …