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The price for gold rose to $2,000 an ounce for a short time in late February and early March as the conflict between Russia and Ukraine escalated, but geopolitical risks gradually dropped off investors’ radar. A record 40-year rise in inflation in the...
<p><i>Saxo, the online trading and investment specialist, has today published its </i><a href="https://www.home.saxo/insights/news-and-research/thought-leadership/quarterly-outlook" target="_blank"><i>Q4 2022 Quarterly Outlook</i></a><i> for global markets, including trading ideas covering equities, FX, currencies, commodities and bonds, as well as a range of central macro themes impacting client portfolios.</i></p>
The surge in the US-Dollar index has created unrelenting pressure on the price of crude and commodities.
Oil prices dipped by 5% early on Friday, with the U.S. benchmark slumping to the lowest level since January, on the back of heightened concerns about slowing economic growth and recessions looming
OPEC+ may soon be forced to cut its production targets once more after oil prices fell below $90 and recession fears took center stage