1 in 5 EU Cross-Border Investment Firms’ Retail Traders are German

A new report from the European Securities and Markets Authority (ESMA) has unveiled a complex picture of cross-border investment services in the EU, with Cyprus emerging as the primary hub…

Oil falls on lingering demand concerns in China

By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.07.2024

Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: A…

Trump Trade Saves US Dollar. Forecast as of 16.07.2024

If it weren’t for the Trump trade, EURUSD quotes would have soared above 1.1. The derivatives market is fully confident of a Fed rate cut in September and is counting on…

Gold prices rise, close to record highs as rate cut bets mount

Investing.com– Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September.  But gains…

Asia FX muted as dollar perseveres; yen on intervention watch

Investing.com– Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts.  The…

Oil prices fall on lingering Chinese demand concerns

By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…

Oil prices fall amid China demand woes, rate cut hopes

Investing.com– Oil prices fell in Asian trade on Tuesday, weighed chiefly by signs of increasing economic weakness in top importer China, which could limit demand in the coming months.   But…

Oil prices tick down on worries about Chinese demand

By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will…

UK building firms face worst recruitment problems, survey shows

LONDON (Reuters) – Construction and engineering firms are bearing the brunt of Britain’s shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to…