Bitcoin Reaches $67k Following ETF Launch; WTI Crude Oil Stalls Again Below $84; Global Stock Markets Continue Advance; Forex Market Cools Down
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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In the case of the UK, energy and food prices are the main factors that are pushing up the cost of living, and they're expected to increase further in the coming winter months.
Bitcoin Hits $64k on ETF Launch; WTI Crude Oil Stalls Below $84; USD/JPY at 3.5-Year High; Global Stock Markets Continue Advance
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Bitcoin Hits $63k; WTI Crude Oil Trades Above $83.75; Global Stock Markets Higher
Many factories had to stop producing because of energy shortages, linked to surging coal prices.
WTI Crude Oil Trades Above $83.50; BoE Governor Signals Impending Hike; Bitcoin Above $62k; NZ Inflation Jumps
The economy and the labor market are expected to fully recover next year.
US CPI Rising Higher Than Expected; FOMC Minutes See Taper in Nov/Dec; Bitcoin Hits $58k
WTI Crude Oil and natural gas have substantially increased in price in the past year, which has helped fuel inflation globally as the costs for transportation, heating and industry hit consumers.
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The United Kingdom economy has been recovering, though the spread of the delta variant, together with higher-than-expected inflation levels, have put the recovery process at risk.
Crude Oil and Yen Stabilize; Bitcoin Hits 5-Month High; Global Stocks Mostly Lower
WTI Futures Trade Above $82; USD/JPY Powers to 113.48; Bitcoin Hits 5-Month High; Stocks Lower
US Treasury Secretary Janet Yellen said that there may be a catastrophe if the Senate is unable to reach an agreement regarding the debt ceiling.
WTI Futures Trade Above $81; USD/JPY Advances to 2.5-Year High; Crypto Strong; Asian Stocks Advance
German producers have been claiming that production is being constrained by supply chain disruptions.