CMC Markets Just Turned a £2M Loss into a £51M Profit – Here’s How
CMC Markets (LSE: CMCX) announced today (Wednesday) the financial outlook for the first half of fiscal year 2025, showcasing significant growth and operational efficiency. The London-based company expects net operating…
US Dollar May Soar on Fed Mistake. Forecast as of 09.10.2024
The Fed has made an error in judgment once in the past year when the regulator believed it had beaten inflation at the beginning of 2023-2024. Against this backdrop, the…
Geopolitical risk premium in oil market slips slightly, Goldman Sachs says
(Reuters) – Goopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases last week in both Brent implied volatility and call options implied volatility…
Column-Dollar won’t fall as rest of world won’t let it: Mike Dolan
By Mike Dolan LONDON (Reuters) – The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency…
Dollar firm ahead of Fed minutes, kiwi falls after hefty rate cut
By Brigid Riley TOKYO (Reuters) -The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last…
Gold prices pressured by rate uncertainty as Fed, inflation cues loom
Investing.com– Gold prices fell in Asian trade on Wednesday, extending a drop from record highs amid growing bets that the Federal Reserve will cut interest rates at a slower pace…
Asia FX muted with Fed, inflation cues on tap; Kiwi sinks on RBNZ cut
Investing.com– Most Asian currencies kept to a tight range on Wednesday, while the dollar steadied in anticipation of more signals from the Federal Reserve and U.S. inflation on the path…
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
By Colleen Howe BEIJING (Reuters) – Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals. Brent…
Oil prices rise after steep losses; large US inventory build limits recovery
Investing.com– Oil prices rose in Asian trade on Wednesday, recouping some of the prior session’s steep losses, although signs of an outsized build in U.S. inventories limited gains. Oil prices…
