China copper, iron ore stay stimulus believers, but others sceptical: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – Western and Chinese investors had different reactions to the latest stimulus pronouncements by Beijing, and it’s likely that both groups are somewhat missing…
USD/CNY volatility likely – BOA
Investing.com – Bank of America takes a look at the USD/CNY pair, seeing potential volatility going forward. At 07:55 ET (11:55 GMT), USD/CNY traded 0.3% higher at 7.0849, up 1%…
Dollar hovers near highs as investors parse China’s stimulus plans; euro slips
By Medha Singh, Vidya Ranganathan SINGAPORE/LONDON (Reuters) -The dollar hovered near recent highs on Monday as investors digested China’s weekend stimulus announcements that some found disappointing, while the euro extended…
Oil falls over 2% as China demand woes erase last week’s gains
By Arunima Kumar LONDON (Reuters) -Oil prices on Monday wiped out all of last week’s gains as China’s stimulus plans failed to inspire confidence among investors, while the market remained…
Aluminium supply to remain tight, BofA says
Investing.com — Aluminium supply is expected to remain constrained over the medium term, according to analysts at BofA Securities. The primary driver of this tight supply is China’s self-imposed production…
Yen to Take a Load Off. Forecast as of 14.10.2024
The Japanese government’s verbal interventions have driven USDJPY 7% up from its September trough amid the strength of the U.S. economy. The officials are now gradually backing away from their…
Morning Bid: China doubts as economy struggles, US bonds closed
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. Treasury markets closed on Monday, Wall Street stocks are set to cruise on higher…
Exclusive: CFDs-Heavy Cyprus’ Compliance and Legal Heads Are Earning Six Figures
Most companies mention “we offer competitive salary” when recruiting for a new role. But what is a “competitive salary”? And how much are people getting paid in the fintech, tech,…
Despite massive production, soy remains niche food in Brazil
By Stefanie Eschenbacher SAO PAULO (Reuters) – Brazil’s foodie hub Sao Paulo may be best known for its prized cuts of grilled meat and lavish sushi spreads, but some upscale…
Oil prices erase last week’s gains on China demand woes
By Arunima Kumar LONDON (Reuters) -Oil prices on Monday wiped out all of last week’s gains as China’s stimulus plans failed to inspire confidence among investors, while the market remained…