Tag Archives: Consumer Sentiment

Oil prices fell on Tuesday, amid fears of slowing economic activity and lower demand for fuel from China, in light of its adherence to its strict policy to contain the Coronavirus known as (Zero Covid). Brent crude futures fell 41 cents, or 0.45 percent, to $91.21 a barrel by 0948 …

European shares rose on Monday, boosted by the rise of energy and utilities companies, while investors awaited Britain’s financial plan and earnings reports for evidence of corporate strength amid concerns about rising interest rates and a possible recession. The pan-European Stoxx 600 index rose 0.3 percent, extending its gains for …

Oil prices were flat on Monday as concerns that rising inflation and energy costs could push the global economy into recession as China continued to loosen its monetary policy. Brent crude futures rose 17 cents, or 0.2 percent, to $91.80 a barrel by 0915 GMT, recovering from a 6.4 percent …

Oil prices rose during thin trading in early Asian markets on Monday. At the same time, the dollar fell sharply as investors awaited data from China to measure demand in the world’s largest importer of crude oil. Brent crude futures rose 85 cents, or 0.9 percent, to $92.48 a barrel …

Oil prices fell more than 3% on Friday as global recession fears and weak oil demand, especially in China, balanced support from a large cut of supply target by the OPEC+ alliance.Brent crude futures dropped to settle at $92.39 a barrel versus the opening level at $95.295, while US crude, …

The EUR/USD pair has erased Thursday’s gains, losing 0.53% on Friday. US Consumer Sentiment improved, though Retail Sales slowed down.The EUR/USD daily chart illustrates the major stalled at the 20-day EMA, which exacerbated a fall towards the 0.9720 area. Key support lies at 0.9700, which, once cleared, could open the …

Jerome Powell’s comments, before Jackson Hole Symposium, have fuel 1,000-point market collapse, on Friday, as stocks slid for a second week. US equities fell after Powell had said the US central bank “won’t back off in its fight against rapid inflation”. The Dow Jones Industrial Average dropped 1,008.38 points, or …

Gold prices fell to near a one-month low on Tuesday, as the yellow metal’s appeal against the dollar’s strength declined and investors continued to wait for the Federal Reserve to raise interest rates sharply. The price of gold in spot transactions at 1736.43 dollars an ounce (an ounce) by 0655 …

Gold trades at $1,735.77 per ounce at the time of writing versus $ 1,747.37 in the previous trading session. Gold prices are generally falling behind the pace again to begin the week. The latest Consumer Sentiment data is being blamed for another sharp surge in the US Dollar overnight that …

University of Michigan’s consumer sentiment has slightly rebounded in July. The University of Michigan final sentiment came in a little bit stronger than estimate and higher than the preliminary. However, the data still remains near historic low levels.Current conditions were also higher and above last month 57.1. The expectations Index …