Oil drops 1% as Gaza talks ease supply worries, Hurricane Beryl in focus
By Arunima Kumar (Reuters) -Oil prices fell 1% on Monday after gaining for four weeks as supply disruption worries eased on hopes of a ceasefire deal in Gaza, but the…
Franc May Face Gloomy Future. Forecast as of 08.07.2024
Decreasing political risks in Europe and growing interest in French assets deprive the franc of important growth drivers. Together with the SNB’s reluctance to intervene in the Forex market, these…
Texas energy industry braces for Beryl as storm makes landfall
By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) -The Texas energy industry braced for Hurricane Beryl’s impact on Monday, with threats from the powerful storm forcing the closure of key…
Morning bid: Stocks surfing new highs, French surprise
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks start the week surfing new records into another earnings season and Federal Reserve…
Hurricane Beryl expected to weaken quickly as it churns across Texas
By Tyler Clifford (Reuters) – Hurricane Beryl made landfall near the coastal town of Matagorda in Texas early on Monday, pounding coastal areas with dangerous storm surges, strong winds and…
Texas energy industry braces for Beryl as storm gathers strength
By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) – The Texas energy industry braced for storm Beryl’s impact on Monday, with threats from the intensifying weather system forcing the closure…
Dollar stabilizes ahead of key inflation data; euro gains
Investing.com – The U.S. dollar steadied in early European trade Monday ahead of key inflation data, while the euro edged higher as traders digested the results of the French parliamentary…
Short-term Analysis for Oil, Gold, and EURUSD for 08.07.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…
Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
Italy’s securities regulator, Consob, has issued a warning to investors about the risks associated with retail prop trading activities. It describes them as online trading simulations that promise profits but…
LCG’s Bahamas Entity Ceased Operations Citing FlowBank’s Bankruptcy
The Bahamas-registered entity of London Capital Group Ltd (LCG), a retail forex and contracts for differences (CFDs) broker, has ceased its operations and announced publicly that it has been impossible…
