Oil price exceeds $74 after inventory drop.
by Antonio Di Giacomo, Senior Market Analyst at XS.com
West Texas Intermediate (WTI) crude oil experienced a slight increase following the settlement session on Tuesday, January 7, 2025, driven by data released by the American Petroleum Institute (API). This organization reported a significant decline in U.S. weekly crude oil inventories, far exceeding initial expectations. These figures triggered a positive reaction...
Gold Faces Pressure as Trump Unveils Aggressive Trade Policies
by Samer Hasn, Senior Market Analyst at XS.com
Gold is up slightly today by 0.2%, reclaiming the $2,640 per ounce level after two consecutive days of declines.
Gold has been under severe downward pressure since Donald Trump won a second term in the White House, which has given strength to the US dollar amid anticipation of protectionist trade policies...
Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025
Driven by growing consumers’ preferences for online shopping and increasing...
How are Investments Affected by High Unemployment Rate?
The unemployment rate jumped in April 2020 to a level not seen since the 1930s. The unemployment...
Palestinian Central Bureau of Statistics (PCBS)
Decrease in the Producer Price1 Index (PPI) during 2020
The overall PPI in Palestine with its base year (2018=100) reached...
China Exports Hit $237.6bn Value in July, a 7.2% Jump Year-on-year
Chinese trade was severely hit after the coronavirus outbreak as the authorities locked down...
