Swiss National Bank (SNB) Makes Bold Move with Third Rate Cut
The Swiss National Bank (SNB) has taken yet another bold step in 2024, announcing its third interest rate reduction this year. The latest cut of 25 basis points brings the…
Exclusive: Trive Africa Launches CFD Trading for MENA Clients
Trive Africa has launched Contract for Difference (CFD) trading services for clients in the Middle East and North Africa (MENA) region. This expansion is facilitated through Trive International, a British…
Revolut Prepares for 2025 Mexico Launch after Obtaining Banking License
Revolut plans to launch its operations in Mexico during the first half of 2025, according to Juan Miguel Guerra Dávila, the company’s CEO in Mexico. Guerra stated that there are…
Chile selects 6 sites for private lithium projects
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s government has selected six priority areas for new lithium extraction projects to be led by private companies, the South…
Gold Price Rally Soars: Banks Predict Continued Surge Into 2025
The gold price rally has become one of the standout stories in global markets, capturing the attention of investors and analysts alike. As major banks forecast that this record-breaking rally…
A golden time to take profits in precious metals: BTIG
Investing.com — BTIG analysts said in a note Thursday that investors should consider taking profits in precious metals, particularly gold and silver, after strong year-to-date gains. While they remain constructive…
Fed’s rate-cutting cycle points to weaker dollar – BoA Securities
Investing.com – The Federal Reserve has started its rate-cutting cycle, and Bank of America Securities continues to expect modest US dollar downside going into 2025. “Although the Fed modestly surprised…
FxPro UK Rebounds to Profit, Boosted by 23% Revenue Growth
London-based retail broker FxPro UK has released its financial report for the year ended December 2023, as published by Companies House UK. The report shows that the company bounced back…
Oil prices slump on worries of more supply from Libya, Saudi Arabia
Investing.com – Oil prices fell sharply Thursday on indications on additional supply from both Saudi Arabia and Libya, overriding increased tensions in the Middle East. At 09:15 ET (13:15 GMT),…
OPEC+ set to go ahead with Dec oil output hike, sources say
By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON (Reuters) – OPEC+ is set to go ahead with a December oil output increase as its impact will be small…
