Oil rally drums up expectations with analysts forecasting $100 prices January 19, 2022 OANDA's senior analyst Craig Erlam has told City A.M. oil prices could reach $100 per barrel during the first quarter this year.
Half of UK households call on government and energy industry to do more to ease rising energy bills January 19, 2022 50 per cent of energy bill payers believe support from the government and energy industry has been inadequate during the current crisis.
UK inflation jumps to 5.4 per cent: Highest rate in almost 30 years January 19, 2022 The rate of Consumer Price Index inflation increased to 5.4 per cent in December from 5.1% in November, the Office for National Statistics has said. Grant Fitzner, chief economist at the Office for National Statistics (ONS), said: “The inflation rate rose again at the end of the year and has not been higher for almost [...]
Oil prices climb to seven-year highs with OPEC bullish amid tightening supplies January 18, 2022 Oil prices rose to seven-year highs today, with both major benchmarks rallying amid tightening supplies and festering geopolitical tensions.
Trade with Ireland takes a £3bn Brexit hit as UK exports drop by more than a fifth in less than a year January 18, 2022 Exports from the UK to the Republic of Ireland crashed by more than a fifth since Brexit, according to new figures coming from Dublin. Numbers published by Ireland’s Central Statistics Office (CSO) show that the value of goods imports from Great Britain fell by almost £3bn from January to November last year. The drop in [...]
Production levels fall at Rio Tinto amid Covid-19 disruption January 18, 2022 Raw material specialists Rio Tinto have revealed production levels for the full-year have dropped across the board.
Omicron in full retreat across UK: Steep drop in new coronavirus cases indicates Covid wave is passing January 17, 2022 The week has started on a positive note as the continued drop in new Covid cases across the UK indicates the Omicron wave may well be turning around. The latest data shows a 38 per cent drop over the last seven days across the UK in the numbers testing positive for Covid-19, with 70,160 new [...]
Russia pushes the West to hurry up with Nord Stream 2 pipeline approval January 17, 2022 The Kremlin has the West to not drag its feet with the certification process for the Nord Stream 2 gas pipeline.
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 | City Talk US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]