USDJPY: Elliott wave analysis and forecast for 27.09.24 – 04.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions on corrections below the level of 147.33 with a bearish target of 131.25 – 123.97.…

China’s FX conundrum mutes stimulus optimism: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -It’s safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by…

GBPUSD: Elliott wave analysis and forecast for 27.09.24 – 04.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions on corrections above the level of 1.3250 with a growth target of 1.3600 – 1.3800.…

Platinum Narrows Gap Against Gold. Forecast as of 27.09.2024

The high investment demand and persistent deficit have created a robust foundation for the XPTUSD rally. The aggressive start of the Fed’s monetary expansion and China’s large-scale stimulus have further…

Uganda to cut spending, domestic borrowing in 2025/26, finance ministry says

KAMPALA (Reuters) – Uganda’s government plans to cut spending by just over a fifth and domestic borrowing by just over a half in the 2025/26 (July-June) fiscal year, the finance…

EURUSD: Elliott wave analysis and forecast for 27.09.24 – 04.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions on corrections above the level of 1.1100 with a growth target of 1.1400 – 1.1600.…

USDCHF: Elliott wave analysis and forecast for 27.09.24 – 04.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8558 with a bearish target of 0.8200 – 0.8000.…

Analysis-US Gulf Coast oil prices to take center stage as exports dominate

By Arathy Somasekhar HOUSTON (Reuters) – Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance…

MFSA Raises Flag on Impersonation: “Don’t Get Caught in Fake Email Scams”

The Malta Financial Services Authority (MFSA) has issued a warning about potential impersonation of its officials. Individuals or entities may be circulating documents, messages, and emails falsely claiming to come…

Morning Bid: US PCE eyed as China rebound accelerates

A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a…