THE FORTH COMING US GDP DATA IS A KEY SIGNAL FOR THE NEXT INTEREST RATE HIKE

dollar inflation

THE FORTH COMING US GDP DATA IS A KEY SIGNAL FOR THE NEXT INTEREST RATE HIKE Harvest Global Markets : The World Bank has forecasted that the world economy will slow down to its third weakest pace in nearly three decades.This is a reflection of synchronous policy tightening aimed at containing very high inflation and the […]

NATURAL GAS FUTURES PLUNGING AS WARM WINTERS ARE FAVORING BEARS

natural gas

NATURAL GAS FUTURES PLUNGING AS WARM WINTERS ARE FAVORING BEARS Harvest Global Markets : Natural gas prices on the New York Mercantile Exchange fell below crucial $3 support on Monday before rebounding to just above the level, indicating that the “warm winter” story appears to have taken its ultimate toll on the fuel at least for […]

DOLLAR IN A NARROW RANGE AS DEVELOPMENT CONCERNS MOUNT

DOLLAR IN A NARROW RANGE AS DEVELOPMENT CONCERNS MOUNT Harvest Global Markets : The U.S. dollar dallied around its seven-month lows on Friday as fears of a an economic slowdown imprinted risk craving, while the yen facilitated even as hypothesis whirls that the Bank of Japan (BOJ) will ultimately create some distance from its super simple […]

OIL PRICES TUMBLED AFTER INCREASE IN THE API CRUDE INVENTORIES

Crude Oil

OIL PRICES TUMBLED AFTER INCREASE IN THE API CRUDE INVENTORIES Harvest Global Markets : Crude oil price broke the $82/barrel mark on yesterday. Since the start of the week crude oil prices have rebounded from $71 and made a bullish pattern amid the acceleration in demand as China announced it will abolish their zero tolerance covid […]

INFLATION A GLOBAL PROBLEM

Inflation

INFLATION A GLOBAL PROBLEM Harvest Global Markets : Inflation is a persistent increase in the general price level of goods and services & a fall in purchasing power. Central banks attempt to limit inflation and avoid deflation in order to keep the economy running smoothly. Inflation report is also called Consumer Price Index (CPI) as Consumer […]

FLAMMABLE GAS UP 5%, AFTER OVER 50% TUMBLE IN 3 WEEKS

FLAMMABLE GAS UP 5%, AFTER OVER 50% TUMBLE IN 3 WEEKS Harvest Global Markets : On Monday, those who were long the market attempted to make up for three weeks of losses that had seen prices fall more than 50% since November’s close, causing natural gas prices to rise by more than 5%. When trading for […]

GOLD FUTURES SET FOR SECOND CONSECUTIVE YEARLY DROP

GOLD FUTURES SET FOR SECOND CONSECUTIVE YEARLY DROP Harvest Global Markets : Gold held consistent on Friday, however was set out toward a second consecutive yearly misfortune as forceful rate climbs by the U.S. Central bank gouged the non-yielding bullion’s allure. Gold Futures were minimal changed at $1,825 per ounce at 1700 HRS PKT. U.S.  Bullion […]

The Anticipation of Crude oil in 2023

The Anticipation of Crude oil in 2023 Harvest Global Markets : Crude oil futures spent much of 2022 surging as demand for transportation fuels to travel returned. Russia’s invasion of Ukraine and production cuts from the world’s largest oil-producing nations and their allies (OPEC+) squeezed supply. Brent crude futures rose above $139 per barrel, Crude Oil […]

2022 SAW THE EUR/USD PAIR RETURN UNDERNEATH PARITY

2022 SAW THE EUR/USD PAIR RETURN UNDERNEATH PARITY Harvest Global Markets : 2022 saw the EUR/USD pair return underneath parity, with a low of 0.9535 on September 28, the low for the year as well as the most reduced mark since June 2002, over a long time back. Between the start of the year, when the […]

AFTER THE BOJ CHANGED ITS POLICY, THE YEN ROSE CAUTIOUSLY

AFTER THE BOJ CHANGED ITS POLICY, THE YEN ROSE CAUTIOUSLY Harvest Global Markets : The yen solidified towards its new four-month top against the dollar on Thursday, after the Bank of Japan’s unexpected change to its security yield control recently gave an impetus to exchange a generally dull week in front of year-end occasions. The yen […]