Tag Archives: commodity prices

The United States has become the world’s largest exporter of liquefied natural gas for the first time ever, surpassing top suppliers Australia and Qatar. This surge in LNG exports is driven by Freeport LNG’s return to full service and robust global demand, particularly from Europe. With an average of 13.25 …

The World Bank predicts that the prolonged conflict in the Middle East will lead to a sharp increase in the price of commodities, especially natural gas and oil. Since the conflict began, energy prices have already increased by 9%, and there may be more shocks ahead. This scenario is similar …

The German DAX lost 151 points, and the FTSE lost 60 points, as European stocks generally ended the day lower. European stocks fell as a result of rising rates and economic worries, while exporters with considerable exposure to Chinese markets also suffered. Equities were also influenced by rising commodity prices …

The NZD/USD pair has climbed to 0.6295 during the American session touching its highest level since Thursday. The pair is surging as the USD dollar’s strength takes a pause and amid lower US Treasury yields.The Dow Jones Index has fallen by 0.27% but still holds to most of Friday’s rally. …

Since the outburst of the war in East Europe, markets have massively increased their expectations for key US interest rates. This can be seen, among other things, in the rise in the yield on the 2-year US Treasury bond by around 0.9%% in just a few weeks.The basis for this …

Major US equity indices showed mixed performance on Thursday, with tech stocks underperforming as US yields soured. Investors received another update on the recovery in the jobs market. The number of people seeking unemployment benefits ticked up last week, according to the Labour Department, but remained at a historically low …

The world’s largest economy is grappling with rising inflation levels. Per the latest Labour Department report, the Consumer Price Index (CPI) jumped 8.5% year over year in March, reaching the highest level since December 1981. The reading also surpassed the already high Dow Jones estimate of 8.4%. The high inflation …

Though the latest Business Outlook Survey (BOS), released by the Bank of Canada once per quarter, was broadly interpreted as supporting the case for a faster pace of rate hikes from the BoC in the quarters ahead, its impact on the Canadian Dollar was limited. The USD/CAD pair was last …

The Bank of Canada released its latest Business Outlook Survey and the headline indicator dipped back to 4.98 in Q1 2022 from the record high of 5.9 it hit in Q4 2021. The BOS survey was conducted before Russia’s invasion of Ukraine and a special survey that was conducted in …

The USD/CAD pair extends its fall for the second straight day; after Monday’s price action printed a weekly high near the 1.2600 mark, the Canadian dollar strengthened on the back of high oil prices, amid a downbeat market mood, courtesy of recent developments in the Eastern Europe front. the USD/CAD …