The move comes after the city reported 157 COVID-19 cases yesterday with mass testing to be conducted from Thursday to Sunday. All residents have been ordered to stay at home with households allowed to send a single person out, once per day, for groceries. But at least there is some leeway in the sense that
Month: September 2022
Gold prices slipped to a more than one-month low on Thursday, as the dollar firmed and prospects of the U.S. Federal Reserve continuing with its aggressive policy tightening stance weighed on the zero-yielding bullion’s appeal. FUNDAMENTALS Spot gold XAU= fell 0.2% to $1,706.99 per ounce, as of 0100 GMT, after hitting its lowest level since
Dollar is back in control in Asian session, with some help from risk averse sentiment. Euro is staying firm against Sterling and Swiss Franc, and is picking up upside momentum against commodity currencies. In particular, Aussie is sold off on poor manufacturing data from both Australia and China. Yen is also weak along with renewed
Russia’s Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders. Stoyan Vassev | Press service of Gazprom Neft | via Reuters Russian gas giant Gazprom posted a record first-half profit and promised new dividends to shareholders, sending its shares soaring more than 27% in early
GBP/USD is declining sharply again. Economists at Credit Suisse assess the next major support levels should the pair break below their long-held core bearish objective at 1.1500/1.1409. Resistance at 1.1902 ideally caps “GBP/USD has seen a clear break of the 1.1760 July low as expected and we stay bearish for a move to our core
Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by