OANDA

Middle East Tensions Roil Global Markets as Oil Prices Surge

The sudden escalation of conflict in the Middle East sent shockwaves across global markets. Oil prices surged by almost $5…

2 years ago

Oil prices edge down, recession fears back in focus

Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Oil drops as weak Chinese factory data heightens demand concerns

Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors…

3 years ago

Musk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan

Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift…

4 years ago

Oil rises on OPEC warning and easing of Shanghai COVID curbs

Oil prices climbed on Tuesday as Shanghai's relaxation of some COVID-19 restrictions eased concerns about Chinese demand and as OPEC…

4 years ago

Oil extends rally on prospect of more Russia sanctions

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war…

4 years ago

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears…

4 years ago

Gold, palladium retreat from highs as risky assets stabilize

Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts…

4 years ago

Russia hikes rates, introduces capital controls to defend against sanctions

Russia's central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled…

4 years ago