Fundamental Background As a result of the military conflict between the United States and Iran, the combined volume of halted oil production in Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain reached 10.5 million barrels per day in April, triggering record declines in global oil inventories. The U.S. Energy Information Administration forecasts a drop […]
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Gold rose to 4,600 USD per ounce on Tuesday, continuing its recovery from the previous session, and is now trading around 4,548 USD. Market sentiment was supported by hopes of a possible resumption of negotiations Read more…
Eurozone trade data deteriorated sharply in March as exports weakened significantly while imports continued rising, highlighting the growing pressure from slowing global demand and escalating trade disruptions. Eurozone recorded a goods trade surplus of EUR Read more…
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