Oil prices fell more than 6 percent on Tuesday, reaching their lowest point from over three weeks, after Russia warned it would allow the Iran nuclear agreement to be renewed, and traders were concerned that China’s pandemic lockdowns would stifle demand. The Brent and US crude both indexes dipped below $100 each barrel for the first …
Value Of Oil Indices Falls Below $100 For The First Time In Weeks Read More »
The Bank of England is expected to raise interest rates to 0.75 percent on Thursday, the third rise in a row, as it attempts to contain a significant rise in inflation caused by Russia’s invasion of Ukraine. A rate hike on March 17 would return cost of borrowing to where they had been before COVID-19 hit …
Bank Of England Expected To Raise Interest Rates For The Third Time Read More »
On Wednesday, London Metal Exchange (LME) aluminum costs hopped as much as 5.2 percent as the escalating war in eastern Europe and new sanctions against Russia, the main supplier, caused logistical problems and challenged to interrupt world supply. As of 0310 GMT, the three-month price of aluminum on the London Metal Exchange was up 2.3 …
Aluminum Prices On London Metal Exchange (LME) Soared Amid Fears Of Russian Supply Read More »
On Monday, the London Stock Exchange’s FTSE 100 fell towards a moreover seven-month drop before recovering most of its liabilities as rapidly increasing crude oil prices moved to oil and gas shares greater, whereas investors stayed careful as increasing energy prices boosted inflationary fears. Consumer mainstay investments such as Diageo (DGE.L), Unilever (ULVR.L), British American …
United Kingdom Shares Fall As Oil Price Rises, Raising Concerns About Inflation Read More »
The London Stock Exchange (LSE) stopped trading in its last Russian stocks on Friday, and some insurance providers surrendered coverage from exporters due to Russia’s war on Ukraine. Banks, investors, and insurers have increased the pressure on Russia in recent days by withdrawing their investments and suspending service provision. After blocking trading in 28 organizations …
Russia’s Financial Situation Deteriorated As Insurers Left The Country Read More »
