China’s Sinopec reports first-half crude throughput up only 0.1%

SINGAPORE (Reuters) – China Petroleum (OTC:SNPTY) and Chemical Corp (Sinopec (OTC:SHIIY)), Asia’s largest refiner, on Friday reported first-half crude throughput little changed year on year. The state refining giant processed…

Ukraine’s Zelenskiy attends UK cabinet, renews calls on long-range missiles

LONDON (Reuters) – Ukrainian President Volodymyr Zelenskiy addressed British government ministers on Friday, a rare appearance by a foreign leader at a cabinet meeting that new Prime Minister Keir Starmer…

Morning Bid: Volatility resurfaces, tech outage rankles

A look at the day ahead in U.S. and global markets from Mike Dolan Volatility is resurfacing as a turbulent week for world markets and politics was met on Friday…

First to hike, last to cut? BoE caution cossets pound: Mike Dolan

By Mike Dolan LONDON (Reuters) -First to hike, first to hit its inflation target – and the last to cut? It may be unwise to read too much into volatile…

Oil prices steady amid strong dollar, China economy worries

By Shariq Khan NEW YORK (Reuters) – Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the…

EURUSD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0665 with a target of 1.1141 – 1.1273. A…

Yen Breaks Bullish Trend Against Greenback. Forecast as of 19.07.2024

The Bank of Japan’s currency interventions yielded positive outcomes. In light of the recent slowdown in the US labor market and rising inflation, it is likely that the USDJPY uptrend…

USDCHF: Elliott wave analysis and forecast for 19.07.24 – 26.07.24

The article covers the following subjects: Highlights and key points  Main scenario: consider short positions from corrections below the level of 0.9050 with a target of 0.8546 – 0.8325. A…

Dollar edges higher on safety bid; sterling drops after weak retail sales

Investing.com – The U.S. dollar rose slightly Friday, on course for a positive week, while sterling slipped after the release of weak retail sales data. At 04:10 ET (09:10 GMT),…

USDСAD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 1.3788 with a target of 1.3352 – 1.3166. A…