US Dollar Turns the Page. Forecast as of 12.09.2024
Has the US economy reached a point where high inflation is no longer a concern? The market is skeptical. The greenback benefited from rising Treasury yields and the prospect of…
IG Group Ends Q1 FY25 with 15% Revenue Jump: ‘Revenue Per Client’ Rises
London-listed IG Group (LON: IGG) ended the fiscal quarter between June and August, generating a total revenue of £278.9 million, which was a 15 percent year-over-year increase. The broker highlighted…
EMIR REFIT for the UK Will Become Effective This Month: How Firms Should Prepare?
As the EMIR REFIT comes into effect in the UK, it is likely to consume compliance departments and staff involved in the firm’s trade reporting for long days in the…
Gold prices rise, keep record highs in sight amid bets on smaller rate cut
Investing.com– Gold prices rose in Asian trade on Thursday and remained in sight of record highs as traders bet that the yellow metal will still benefit from a lower interest…
Oil prices gain on US hurricane impact concerns
By Katya Golubkova and Emily Chow (Reuters) -Oil prices rose during Asian trade on Thursday, spurred by concerns of Hurricane Francine impacting output in the U.S., the world’s biggest crude…
Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut
Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar firmed as a strong reading on U.S. consumer inflation dashed hopes that the Federal Reserve will…
Hurricane Francine lands in Louisiana, hitting New Orleans with wind and rain
By Ned Randolph NEW ORLEANS (Reuters) -Hurricane Francine came ashore in southern Louisiana on Wednesday, pounding New Orleans with heavy rains and gusty winds while threatening the wider Gulf Coast…
Oil prices rise with Hurricane Francine impact, demand jitters in focus
Investing.com– Oil prices rose in Asian trade on Thursday as expectations of supply disruptions in the wake of Hurricane Francine helped offset persistent concerns over slowing global crude demand. Hurricane…
Oil prices flat as lower demand signs outweigh U.S. hurricane impact
By Katya Golubkova TOKYO (Reuters) – Oil prices were flat on Thursday as concerns about lower demand erased the gains from the previous session spurred by Hurricane’s Francine’s impact on…
Hurricane Francine lands in Louisiana, putting New Orleans on edge
By Ned Randolph NEW ORLEANS (Reuters) -Hurricane Francine came ashore in southern Louisiana on Wednesday, threatening New Orleans and the wider Gulf Coast with powerful winds, rain and a storm…
