US Dollar to Continue Bull Run. Forecast as of 11.10.2024
Despite stronger-than-forecast growth in US inflation, the overall trend remains downward. This is the prevailing view among most Fed officials. Nevertheless, it remains to be seen whether this will be…
Oil retreats but heads for weekly climb on potential Mideast supply disruption
By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors…
Gold prices advance past CPI data; Copper surges with China stimulus in focus
Investing.com– Gold prices rose in Asian trade on Friday, extending overnight gains as strong U.S. inflation data was somewhat offset by a soft reading on the labor market. Among industrial…
Australia Has 280 New AFS License Holders: How Many of Them Are CFDs Brokers?
The Australian Securities and Investments Commission (ASIC) granted 280 new Australian Financial Services (AFS) licences between July 2023 and June 2024, the regulator revealed today (Friday). This figure is much…
Asia FX advances, dollar little enthused by hot CPI data
Investing.com– Most Asian currencies firmed slightly on Friday, while the dollar fell from near two-month highs even as hot consumer inflation data furthered bets on a smaller interest rate cut…
Oil eases though investors wary over potential Mideast supply disruption
By Yuka Obayashi TOKYO (Reuters) – Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the…
Oil prices tick lower; set for positive week on M.east tensions
Investing.com– Oil prices fell slightly in early Asian trade on Friday as stronger-than-expected U.S. inflation data sparked some doubts over how much interest rates will fall in the coming months. …
StoneX Makes $480M Unsolicited Bid for UK’s CAB Payments: Report
StoneX, a US-based financial services company, made an unsolicited $480 million takeover bid for UK-listed CAB Payments just months after its public listing. The proposal represents a significant premium to…
California confirms fourth human case of bird flu
CHICAGO (Reuters) – California said on Thursday it confirmed a fourth human case of bird flu in a person who had contact with infected dairy cattle. All four people who…
Dollar slips against yen after data shows labor market weakness, rising inflation
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar slipped against the yen on Thursday as investors weighed data showing labor market weakness as well as a slight uptick in…
