Oil prices slide as tepid Chinese demand counters US output concerns
By Arunima Kumar (Reuters) -Oil prices were steady on Tuesday, after rising more than $1 in the previous session, as traders assessed concerns over U.S. production in the aftermath of…
Morning Bid: New highs, rotation as Fed meets with retail healthcheck
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve easing within touching distance, U.S. stocks are not hanging about, underlining…
Will the dollar smile on a 25 bps cut, Morgan Stanley asks
Investing.com – The U.S. dollar has been hit hard by expectations that the Federal Reserve will start its rate-cutting cycle this week with a hefty 50 basis-point reduction, but this…
Monzo Becomes First UK Bank to Offer Apple Pay Monthly Payments
Monzo has introduced a new payment option for its Flex customers using iOS 18 and iPadOS 18. The feature allows users to pay in full or spread the cost over…
US solar jobs rise 6% in 2023, study says
(Reuters) – U.S. solar industry jobs rose 6% last year to nearly 280,000, their highest level ever, according to an annual study known as the National Solar Jobs Census published…
Oil prices steady as US output concerns counter tepid Chinese demand
By Arunima Kumar (Reuters) -Oil prices were steady on Tuesday, after rising more than $1 in the previous session, as traders assessed concerns over U.S. production in the aftermath of…
Dollar dragged by 50 bps Fed cut wagers
LONDON (Reuters) -The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting…
Dollar slips further ahead of key Fed meeting
Investing.com – The U.S. dollar edged lower Tuesday, trading around its lowest levels this year, on growing bets the Federal Reserve will cut interest rates this week, potentially by a…
BNP Paribas says euro could rise, not fall, if recession hits
LONDON (Reuters) – BNP Paribas (OTC:BNPQY) Markets 360 reckons the euro could rally against the dollar if there is a global recession, marking a break with past trading dynamics. Sam…
Playtech to Sell Its Italian Retail Unit for €2.3 Billion
British gambling technology firm Playtech has agreed to sell its Italian business unit, Snaitech, to Flutter Entertainment, the world’s largest betting company, for EUR 2.3 billion (USD 2.56 billion). An…
