Oil rises 2% on hopes for demand after the decline in US inventories
News
Wednesday, August 12, 2020 - 17:51
by Point Trader Group

Crude prices rose more than 2%, after government data showed a broad decline in crude oil inventories in the United States, which boosted hopes that fuel demand in the world's largest economy will withstand the coronavir... [read more]


A look at European stocks close
News
Wednesday, August 12, 2020 - 17:03
by Point Trader Group

 European stocks recorded a strong performance during trading today, Wednesday, led by the British index, which was able to achieve strong profits in light of the positive news about the trade agreement between the ... [read more]


The US Energy Information Administration raises its forecast for global oil demand in 2020
News
Tuesday, August 11, 2020 - 18:07
by Point Trader Group

Today, Tuesday, the US Energy Information Administration raised its forecast for global oil demand in 2020 by 40,000 barrels per day, and now expects a decline of 8.11 million barrels per day compared to the previou... [read more]


Federal Statistics Authority: Russia's economy shrank by 8.5% year-on-year in Q2
News
Tuesday, August 11, 2020 - 16:45
by Point Trader Group

Initial data showed on Tuesday that the Russian economy shrank 8.5 percent year-on-year in the second quarter of the year, as the country was affected by the repercussions of the Coronavirus pandemic and associated lockd... [read more]


Kudlow: The US-China trade agreement is
News
Tuesday, August 11, 2020 - 16:39
by Point Trader Group

White House economic adviser Larry Kudlow said on Tuesday that China continues to buy US goods, especially primary commodities, with the first phase trade deal signed by the United States and China in January, despite gr... [read more]


Natural gas futures are down during the US session
News
Monday, August 10, 2020 - 18:16
by Point Trader Group

Natural gas futures were lower during the US session on Monday.According to the New York Mercantile Exchange, natural gas futures were traded in September at USD2.144 per million British thermal units at the time of writ... [read more]


Bank of New York: US consumers became more pessimistic in July after two months of improvement
News
Monday, August 10, 2020 - 16:44
by Point Trader Group

A survey published by the New York Federal Reserve on Monday said that after Americans felt a slight improvement over the past two months about their prospects in the job market, they became more pessimistic in July.This... [read more]


How have the dollar and bond yields affected by the US employment data?
News
Friday, August 07, 2020 - 17:22
by Point Trader Group

The performance of the American labor market improved over the past month of July, and readings were better than market expectations, as the economy added about 1763 thousand jobs, exceeding market expectations that indi... [read more]


Japan's Foreign Minister: Britain and Japan aim to develop a framework for a trade agreement this month
News
Friday, August 07, 2020 - 15:36
by Point Trader Group

Japan's foreign minister said Friday, August 7 that Britain and Japan broadly agreed on most of the points for a post-Brexit bilateral trade deal.While in London for talks, Japanese Foreign Minister Toshimitsu Motegi tol... [read more]


Thomas Parkin: We hope unemployment benefits will improve further
News
Friday, August 07, 2020 - 15:13
by Point Trader Group

US Federal Reserve member Thomas Barkin said today, Thursday, that he hopes that US jobless claims data will witness further improvement and moderation during the coming period, following the release of unemployment bene... [read more]


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