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Crude Oil Price Hits New 2021 High On Rising Demand

Crude oil prices rose for a fifth straight day on Wednesday, hitting $75 a barrel to attain its highest levels in 2 years. The increase in crude oil prices is due to a recovery-driven demand, as well as a sharp drop in U.S. crude oil inventories. The Energy Information Administration […]

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S&P 500 Index Opens Lower Ahead of FOMC Decision

The S&P 500 index opened lower this Wednesday, as traders realign their positions ahead of the decision by the Federal Open Market Committee (FOMC) of the US Federal Reserve. Dankse Bank analysts expect the major trigger from the decision to centre around the Fed’s language in describing its plans for […]