Oil prices are likely to hit $80 per barrel in the last quarter of the year in line with the expected rebound in demand, Reuters reported. Global investment firm Goldman Sachs believes demand will reach 4.6 million barrels per day by the end-2021, with most gains within the next quarter.Demand will be driven by increased mobility in the United States and Europe as more … [Read more...] about Oil Prices Hit $80 per Barrel as Demand Climbs in Advanced Economies
Why Frontier Economies Are Overtaking Emerging Markets In Bond Returns
The world's least-developed nations have posted higher bond returns this year than emerging market economies as more buyers are coming into the smaller countries, Finance.Yahoo reported. Frontier debts have posted 2.6% in bond returns this year, versus the 2% decline in emerging market debt.Frontier debts recorded a similar performance in 2020, while debt in emerging … [Read more...] about Why Frontier Economies Are Overtaking Emerging Markets In Bond Returns
Happy Trend Review
As a Forex Robot using the trend approach, Happy Trend uses high volatility along with news filters to ensure high returns. The efficient money management feature used helps the EA to minimize the risks. Chiefly designed for all traders including newbie traders, this ATS is capable of trading on bigger client accounts using the Metatrader platform. Detailed Forex Robot … [Read more...] about Happy Trend Review
EUR/USD: Euro Surges as the US Push for a Global Corporate Minimum Tax Rate Gains Traction
The EU aims to increase its vaccination program to cover 70% of the EU population by July 2021. The US proposed lifting the tax rate of US-based companies globally from 21% to 28% and the global minimum rate to 15%. Most EU countries are reeling from increased debt burdens and risk insolvency. The EUR/USD closed at +0.46% on May 20, 2021, from the previous … [Read more...] about EUR/USD: Euro Surges as the US Push for a Global Corporate Minimum Tax Rate Gains Traction
Consumer Confidence In Euro Zone Back To Pre-Pandemic Levels In May
The consumer confidence indicator in the European Union and the Euro zone climbed back to pre-pandemic levels in May, the European Commission reported in a statement. The DG ECFIN flash estimate of the consumer confidence increased in both regions by 3.0 points in May.The indicator for the European Union stood at -6.0 points, back to its pre-pandemic level.The EU aggregate … [Read more...] about Consumer Confidence In Euro Zone Back To Pre-Pandemic Levels In May
