Energies
Monthly Archives: December 2023
Gold Hits Three-Week High on Zero-Yield Alloy Rush Amidst U.S. Rate Cuts
Written on December 28, 2023 at 8:37 am, by Designer
Market News Summary Industrial production in Japan declined in November amid a decrease in car production and uncertainty about export-dependent economic expectations. According to data released on Thursday, December 28, by the Japanese Ministry of Economy, Trade, and Industry, industrial production fell by about 0.9% in November on a monthly basis, which is a betterContinue Reading
The Dow Jones Index Achieves a New Record, Closing Above 37,500
Written on December 20, 2023 at 1:33 pm, by Designer
Market News Summary European markets closed higher on Tuesday, recovering slightly from weak trading in the previous session. The European Stoxx 600 index closed up by 0.43%, with the majority of sectors in the region ending in positive territory. Travel and entertainment stocks rose by 1.7%, leading the gains, while the oil and gas sectorContinue Reading
Oil Prices Rise as Concerns Over Supplies Increase
Written on December 18, 2023 at 12:13 pm, by Designer
Market News Summary European stock indices varied at the end of the week’s trading session on Friday, December 15, following a recovery on Thursday. Investors reacted positively to the Federal Reserve’s signal that interest rate cuts will continue into 2024. The STOXX600, the European index, ended the week in the green, recording a 0.09% increase,Continue Reading
The American Indicators Rise for the Sixth Consecutive Session
Written on December 15, 2023 at 7:40 am, by Designer
Market News Summary Intel has unveiled new chips for computing, including one for generative artificial intelligence, expected to compete with products from Nvidia and AMD. Industrial production in China accelerated at the fastest pace in about two years in November, despite retail sales growing at a slower pace than expected. According to data from theContinue Reading
Oil Prices Decline to Their Lowest Levels in Months Amid Concerns About Inflation
Written on December 13, 2023 at 10:31 am, by Designer
Market News Summary European stock indices fell at the end of Tuesday’s trading session as investors absorbed the latest inflation reading in the United States and awaited the start of the Federal Reserve’s policy meeting. The Stoxx 600 European index closed down by 0.23%, with losses in the oil and gas sector by 1.28%. TheContinue Reading
The Dow Jones Index Records Its Highest Closing In About Two Years.
Written on December 12, 2023 at 5:14 am, by Designer
Market News Summary European stocks ended the trading session on Monday, December 11, in the green after morning losses, as attention turns to the upcoming meeting of the Federal Reserve this week. European markets recovered from morning losses to close up by about 0.4%. Media stocks led the gains with a 1.2% increase, while companiesContinue Reading
The Gold Is Experiencing a Significant Decline, While the U.S. Dollar Remains Stable
Written on December 6, 2023 at 9:45 am, by Designer
Market News Summary European indices ended Tuesday, December 5, on a high note, following data indicating a slowdown in the decline of business activity in the Eurozone. The STOXX600 European index recorded a 0.40% increase at the end of the session, closing at 467.62 points. German stocks reached a new record level, supported by gainsContinue Reading
Dollar Index Heads Towards Its Worst Monthly Performance Since a Year
Written on December 1, 2023 at 8:07 am, by Designer
Market News Summary European market indices closed higher on Thursday, wrapping up an active month on a positive note as investors assessed inflation data in the Eurozone, indicating easing pressure from rising prices. The Stoxx 600 index closed with a 0.5% gain, reaching its highest level in 10 weeks. With this increase, the monthly gainsContinue Reading
