English News
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European stocks fall as markets struggle to shrug off recession fears
KEY POINTS On the data front in Europe, flash estimates of French and German PMI (purchasing managers index) readings for…
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Euro, sterling knocked by global growth worries
The euro and sterling fell on Wednesday as concerns resurfaced that interest rate hikes from major central banks…
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Oil slumps as Biden calls for fuel tax cut
Oil prices tumbled on Wednesday amid a push by U.S. President Joe Biden to cut taxes…
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Gold firms as economic fears return to center stage
Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and countered…
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Exclusive: Exness regional director for MENA Mohamad Ibrahim departs
FNG Exclusive… FNG has learned that Mohamad Ibrahim has resigned his position as Regional Director for Exness in the MENA…
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Dollar higher after U.S. job growth tops expectations
The U.S. dollar edged higher against a basket of currencies on Friday, after a better-than-expected U.S. employment report…
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Oil rises despite OPEC+ output hike plan; supply still tight
Oil rose higher on Friday, supported by expectations that OPEC’s decision to increase production targets by slightly more…
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Gold slips as solid jobs data spurs rate hike bets
Gold prices fell on Friday, pressured by a stronger dollar and as better-than-expected U.S. jobs data raised concerns…
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Oil prices jump after EU leaders agree to ban most Russian crude imports
KEY POINTS Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by…
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Dollar stronger as inflation worries dampen risk sentiment
The U.S. dollar rose on Tuesday as Treasury yields climbed and worries over a further acceleration in global…
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European stocks close out month lower as hot inflation unnerves investors; DSM up 8% after merger
KEY POINTS Euro zone inflation hit 8.1% in May, exceeding expectations and marking a seventh consecutive record high for annual…
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Dollar set for biggest weekly drop in nearly 4 months as rate bets cool
The dollar was set for its biggest weekly drop in nearly four months as traders lowered Federal Reserve…
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