In Argentina’s Vaca Muerta shale lands, it’s drill, baby, drill!

By Alexander Villegas and Eliana Raszewski ANELO, Argentina (Reuters) – Argentina’s new market-friendly government and fears about oil supply from the Middle East and elsewhere are driving a drilling and…

Dollar Triumphs Over Its Adversaries. Forecast as of 23.10.2024

The Trump trade, American exceptionalism, and the Fed’s slow pace have restored the U.S. dollar’s dominance. If this continues, the U.S. currency may become the year’s top performer. Let’s discuss…

Record Keeping Error in Stock Lending Program Costs Interactive Brokers $475K

The Financial Industry Regulatory Authority (FINRA) has issued a censure order and penalty of $475,000 on Interactive Brokers (Nasdaq: IBKR) for lapses in its share lending program. The brokerage has…

Record Keeping Error in Stock Lending Program Costs Interactive Brokers $450K

The Financial Industry Regulatory Authority (FINRA) has issued a censure order and penalty of $475,000 on Interactive Brokers (Nasdaq: IBKR) for lapses in its share lending program. The brokerage has…

Fed outlook lifts dollar to 2-1/2-month peak; yen wallows at 152

By Brigid Riley TOKYO (Reuters) -The U.S. dollar ticked up to a 2-1/2-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates while keeping an…

Fed outlook pushes dollar to 2 1/2 month peak; yen under pressure

By Brigid Riley TOKYO (Reuters) – The U.S. dollar hovered at a 2-1/2-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates while keeping an…

Gold prices at record highs as election fears, M.East risks spur haven demand

Investing.com– Gold prices inched higher to a record high in Asian trade on Wednesday, extending a run of recent gains as anticipation of a tight U.S. presidential race and persistent…

Asia FX weakens, dollar at near 3-mth high amid rate, election jitters

Investing.com– Most Asian currencies weakened on Wednesday as uncertainty over U.S. interest rates and the upcoming presidential elections kept traders risk-averse, while the dollar remained at a near three-month high.…

Oil slips on higher US crude stockpiles; market watches Middle East

By Laila Kearney (Reuters) – Oil prices edged down on Wednesday after industry data showed U.S. crude inventories had swelled more than expected, while the market kept watch on diplomatic…

Oil prices dip as US inventories rise, M.East tensions persist

Investing.com– Oil prices fell in Asian trade on Wednesday after industry data signaled an increase in U.S. oil inventories, while focus remained on diplomacy efforts by the U.S. to quell…