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The most vulnerable emerging markets face the risk of a fall in the euro

The main currencies of Eastern Europe, which are already under pressure due to the war in Ukraine, are expected to receive further blows from the looming recession in the Eurozone, as noted by the Bloomberg agency. Traders...

Oil slumps around 9% in the week

Oil prices rebounded slightly on Friday, ending a week of heavy losses for the "black gold", after a surprisingly strong picture of the US labor market failed to ease fears of a global economic slowdown. Crude...

Falling week close in euro markets with imported pressures

The main European indices ended the week in negative territory, as the data that showed the American labor market to be overperforming brought a wave of pressure to Europe as well. In particular, the pan-European Stoxx ended...

Gold regained $1,800 with new gains of 1.7%

Gold regained the psychological level of $1,800 today as investors appeared to refocus on signs of an impending recession. In particular, the contract of December of gold ended trading at $1,806.9, up 1.7%, marking its highest close...

Euro markets welcomed the Bank of England with a mild rise

The main European indices closed with small gains, on a day marked by the Bank of England's historic interest rate hike, the biggest since 1995. In particular, the pan-European Stoxx 600 index closed at 439.06 points, up...

Crude plunges 4% after surprise rise in US inventories

Oil fell sharply on Wednesday after an unexpected increase in crude and gasoline inventories in the US erased initial gains following a "tight" production increase announced by OPEC+ for September. OPEC and its allies (OPEC+) agreed to...