Oil dips as investors weigh whether new China stimulus will boost demand
By Arunima Kumar and Jeslyn Lerh (Reuters) – Oil prices were little changed on Wednesday as investors reassessed the ability of China’s stimulus plans to boost its economy, while declining…
SNB May Resort to Negative Rates. Forecast as of 25.09.2024
A sharp slowdown in Swiss inflation and aggressive Fed rate cuts are prompting the Swiss National Bank to take decisive action. How will the USDCHF and EURCHF currency pairs react…
Factbox-Bananas, cars, and clothes: US port labor dispute threatens range of products
(Reuters) – Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks…
Global steel output down 7% annually in August: UBS
Investing.com — Analysts from UBS in a note dated Tuesday said that the global steel production landscape has faced a considerable setback in August 2023, with output declining by 7%…
FCA Wants to Tighten Grip on Regulated Firms to Better Shield Customer Cash
The UK’s Financial Conduct Authority (FCA) has unveiled plans to strengthen safeguarding regulations for payments and e-money firms, aiming to better protect customers in the event of business failures. FCA…
The Comfort Zone is a Death Trap: How Playing It Safe is Sabotaging Your Trades
Introduction Everyone loves the idea of “playing it safe.” Itβs cozy, itβs predictable, and for most traders, it feels like the smart move. But what if I told you that…
IG Group Launches Second Tranche of Β£150 Million Share Buyback
IG Group Holdings plc (LSE: IGG) announced today (Wednesday) the commencement of the second tranche of its Β£150 million share buyback program. The company has instructed UBS AG London Branch…
Euro firms against dollar, yuan jumps on China’s stimulus boost
By Rae Wee SINGAPORE (Reuters) -The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while the yuan hit its strongest level in more than a year, as China’s…
Oil steady as investors gauge impact of China’s stimulus to boost demand
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Wednesday as investors reassessed the ability of China’s stimulus plans to boost the economy enough to drive more fuel demand growth…
USDJPY Price Forecast & Predictions for 2024, 2025β2030 and Beyond
The USDJPY is one of the most traded currency pairs on Forex. It is popular with both traders and investors. The pairβs rate is determined by the economic situation in…
