Energies
Monthly Archives: August 2022
From the interview with our market analyst Khalid Al-Qudah on CNBC Arabia to discuss the recent market updates.
Written on August 2, 2022 at 12:32 pm, by Designer
02 August 2022 – Gold And Oil; Volatility In The Driver Seat
Written on August 2, 2022 at 10:28 am, by Designer
U.S. Dollar Index (USDX) The U.S. dollar index was volatile after data showed U.S. manufacturing activity slowed less than expected in July. Last week, the Fed raised the benchmark overnight interest rate by three-quarters of a percentage point. The move came on top of a 75 basis points hike last month and smaller moves inContinue Reading
01 August 2022 – Recessionary Tension Rises
Written on August 1, 2022 at 9:08 am, by Designer
U.S. Dollar Index (USDX) The dollar sank on Monday as markets continued to wager that the Federal Reserve has less tightening to do with the U.S. economy at risk of recession. Meanwhile, the dollar index edged down 0.18% to 105.80, slipping back toward Friday’s low of 105.53, a level not seen since July 5. Technically,Continue Reading
