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OPEC Failed, Oil Gained!
Analysis

OPEC Failed, Oil Gained!

UAE's position has not changed!According to unofficial resources, Bloomberg and Reuters reported that OPEC and non-OPEC producers, known as OPEC+, have decided to postpone the meeting after three days of unsuccessful negotiations, leaving the output...

Author:
Ahura Chalki
Published on: 05.07.2021 20:54 (UTC)
1348
Gold and Market's risks
Analysis

Gold and Market's risks

What do economic data tell us?The week started with almost negative news. Earlier published data from Asian and European countries besides Coronavirus news had some alert. Caixin Services PMI data Earlier Monday showed China`s services sector with a...

Author:
Ahura Chalki
Published on: 05.07.2021 17:53 (UTC)
1342
NVIDIA buys Arm from SoftBank for $40 billion
Analysis

NVIDIA buys Arm from SoftBank for $40 billion

Nvidia Buys British microprocessor developer Arm from Japanese SoftBank`sNVIDIA announced the purchase of the British microprocessor developer Arm from the Japanese holding company SoftBank. The deal will amount to $ 40 billion. Arm develops chips f...

Author:
Mary Wild
Published on: 05.07.2021 14:27 (UTC)
1372
Weekly Outlook, 5 - 9 July
Analysis

Weekly Outlook, 5 - 9 July

Banks and economic data!Federal Reserve meeting minutes, RBA interest rate decisions, and ECB's Special Strategy Meeting can spotlight the week ahead. And while Monday is Independence Day and a holiday in the US, Europe will start the week with Servi...

Author:
Ahura Chalki
Published on: 04.07.2021 17:05 (UTC)
1685
NFP data analysis
Analysis

NFP data analysis

Numbers and two scenariosAccording to the June published employment numbers, employers have hired 850,000 employees in June, better than 700,000 expected. At the same time, Average Hourly Earnings (YoY) rose just 3.6%, more than May (1.9%), but...

Author:
Ahura Chalki
Published on: 02.07.2021 18:05 (UTC)
1390

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