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European Markets Fall on Rising Yields Amid Surging Energy Prices
19.10.2021
The lackluster week has restricted the financial market’s growth despite the previous week spelling positive outcomes. European markets are falling on rising yields with minimal growth, losing the previous week’s optimism. In addition, traders and investors are showing concerns regarding surging...
AUD/USD May Grow After New South Wales’ Reopening as Investors Eye Energy Prices
11.10.2021
After completing a packed week, Asia-Pacific markets are ready for a positive week. The coming few days do not have much in terms of risky events, indicating an uneventful calendar. AUD/USD is a positive sign after ending the week with 0.50% growth. Since the week’s start does not offer...
US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
3.6.2020
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation....
Iranian Government to Cut Off Power to Crypto Mining Until Approval of New Energy Prices
25.6.2019
Iran plans to cut off power to crypto mining until new energy prices are approved, an official at Iran’s Ministry of Energy revealed