World oil markets skilled a rarity this week, because the charge of America benchmark contract, West Texas Intermediate, handed Europe’s Brent North Sea crude for the first time when you consider 2020. Analysts factor to Russia’s invasion of Ukraine as a key thing but there are others, as mentioned under. – Brent v WTI … Read more
The US and European stock markets rebounded Tuesday after days of losses due to concerns about rising US interest rates, rising inflation, and the impact of China’s prolonged Covid lockdowns. World stock markets have been volatile this year, but have suffered sharp losses after the US Federal Reserve raised interest rates by half a percentage … Read more
Global stock markets dropped sharply Friday after the Federal Reserve warned of an aggressive tightening of financial policy to tame runaway inflation. Frankfurt lost 2.5 percent at the close, and Paris ended off 2 percent as investors shrugged off a survey showing the EU bloc’s monetary interest expanded in April while London lost 1.4 percent on … Read more
