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Forex news

Greenback was mixed against major currencies at end of weekly trading

The dollar was slightly different after the US consumer confidence index of the University of Michigan for June at 14:00 in central Europe, where the dollar was little changed against major currencies.  Consumer sentiment fell in June in the United States The results of a regular consumer survey conducted by the University of Michigan showed that confidence had worsened after the May recovery. Initial reading of the headline index, published…

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Commodities news

Oil falls due Iraqi minister describes market as "fragile"

Oil prices fell on Monday as Iraqi Oil Minister Thamer Ghadhban described the world oil market as "fragile" and said his country was "confident" the United States would give Iraq a 90-day concession on Iran's oil sanctions. Meanwhile, Saudi Energy Minister Khalid al-Faleh said oil shipping routes should remain open globally because he sees demand for oil to rise sharply this year. Al-Falih added that Saudi Arabia will continue to…

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Stocks and Indices news

Wall Street open rallies ahead of Fed meeting in this week

Markets in the United States started a slight gain on Monday as investors looked ahead to the Fed's two-day monetary policy meeting, which begins tomorrow. Although policy changes are unlikely, investors will be looking for interest rate indicators in July or later this year. In trade, Commerce Secretary Wilber Ross said President Donald Trump was ready to define more Chinese products if the two countries did not reach an agreement,…

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