Golden rule: Why younger investors are drawn to gold
By Chris Taylor NEW YORK (Reuters) – What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold.…
Price of China’s strategic germanium hits record high on possible state buying
BEIJING/SINGAPORE (Reuters) – Prices of germanium, a strategic metal key to chipmaking, hit a record high on Wednesday in top producer China, driven by speculation of possible state buying, industry…
Dollar edges higher; euro, sterling weaker ahead of ECB meeting
Investing.com – The U.S. dollar edged higher Thursday, while the euro slipped ahead of an ECB meeting and sterling dipped as U.K. wage growth slowed. At 04:00 ET (09:00 GMT),…
Yen rises amid intervention nerves; euro eyes ECB
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while traders waited on a European Central Bank meeting to direct…
Oil prices rise on bigger than expected drop in US crude stocks
By Paul Carsten LONDON (Reuters) -Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world’s largest oil consumer.…
DKK Partners’ $1.3 Billion Transaction Volume Draws Meridien Holdings Investment
DKK Partners, a fintech firm specializing in emerging markets and foreign exchange liquidity, has announced that Meridien Holdings, a US company focused on global payments, CRM, and banking, will acquire…
Boku Posts 23% Revenue Jump, Names Ex-Natwest Executive as CFO
Boku Inc. (LON: BOKU) has announced higher revenues for the first half of 2024 and appointed a new Chief Financial Officer (CFO) as the company continues its expansion in the…
Prop Firm Goat Funded Trader Ditches MetaTrader (Again) and Adds New Platform
Goat Funded Trader (GFT), a retail proprietary trading firm, informed its clients this week that it’s introducing a new platform, TradeLocker, to its offerings. This move came shortly before a…
Yen spikes on intervention nerves, ECB in focus
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S.…
ECB Buoys Euro Keeping Rate Cut on Hold. Forecast as of 18.07.2024
As much as the market is focused on the Trump trade, the EURUSD movement depends on the different paces of Fed and ECB monetary policy. In 2024, the derivatives market…