Oil steady after recent losses on demand concerns

SINGAPORE (Reuters) -Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains, amid persistent concerns over potential supply losses from…

Valutrades’ Revenue Plummets Nearly 80% in a “Challenging Year”

London-based broker Valutrades has published its 2023 results for its FCA-regulated business. A turnover more than four times smaller than the previous year resulted in a significant operating loss and…

Valutrades’ Revenue Plummets Nearly 80% in a “Challenging Year”

London-based broker Valutrades has published its 2023 results for its FCA-regulated business. A turnover more than four times smaller than the previous year resulted in a significant operating loss and…

Saudi Investment Strategy Sparks Economic Optimism

The Saudi investment strategy has become a focal point of global economic discussions, sparking significant optimism. As the Kingdom shifts gears, focusing on domestic investments and fostering foreign direct investment,…

US Dollar’s Shortcomings Become More Evident. Forecast as of 28.08.2024

Even if the Fed accelerates its rate cut cycle, the US dollar is unlikely to weaken significantly, given the opportunity for other central banks to take similar action. Let’s discuss…

Russia criticises UN nuclear watchdog after trip to plant close to fighting

MOSCOW (Reuters) – Russia said on Wednesday it wanted the International Atomic Energy Agency to take a “more objective and clearer” stance on nuclear safety, a day after the head…

Oil little changed; geopolitics, demand concerns in focus

(Reuters) – Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains, amid persistent concerns over both potential supply losses…

Gold slips on stronger dollar, market awaits US inflation data

By Daksh Grover (Reuters) – Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on…

Dollar wallows near year-low as traders seek clues on Fed cuts

By Brigid Riley (Reuters) -The dollar held near its lowest in more than a year against a basket of peers on Wednesday, with sterling trading just off multi-year highs, as…

FMPS:24: “Attacking Challenges in Fragmentation Is the Name of the Game”

The first Finance Magnates Pacific Summit (FMPS:24) kicked off in Australia today. Held at the International Convention Centre (ICC) in Sydney, it is the only event to bring the entire…