China’s big-bang stimulus boosts yuan; Aussie up after RBA
By Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) – China’s yuan hit a 16-month high on Tuesday, after stimulus measures infused broader markets with enthusiasm and boosted the euro, while…
Citi doubles down on bearish EUR/USD stance
Investing.com – Citigroup has doubled down on its bearish EUR/USD stance, citing the recent disappointing European economic activity data. Data released earlier this week showed that eurozone business activity contracted…
Morgan Stanley cuts European oil and gas stocks amid weak demand
Investing.com — Morgan Stanley in a note dated Monday revised its outlook for key European oil and gas stocks, cutting ratings and price targets amid concerns about weakening demand. The…
Top Financial Trends to Watch in Quarter 3 2024
As we head into the third quarter of 2024, financial markets are gearing up for a series of shifts and opportunities. The Finance Magnates Quarter 2 2024 Intelligence Report provides…
Exclusive: CMC Connect Breaks Down CFDs Deal with Revolut
“As a starting point to do a deal of this type, you need a technology framework,” Richard Elston, CMC’s Group Head of Institutional Sales, said on the broker’s agreement with…
Exclusive: CMC Markets Breaks Down CFDs Deal with Revolut
“As a starting point to do a deal of this type, you need a technology framework,” Richard Elston, CMC’s Group Head of Institutional Sales, said on the broker’s agreement with…
Gold Soars to Fresh Record High. Forecast as of 24.09.2024
While the weakening of the Fed’s monetary policy, India’s insatiable demand, capital inflows into ETFs, geopolitical factors, and rising default risks in the US are significant contributors to the XAUUSD…
Morning Bid: New highs beckon as China eases, Europe sneezes
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks set to grind out another record on Tuesday as world markets were enlivened…
Analysis-US nuclear plants won’t power up Big Tech’s AI ambitions right away
By Laila Kearney and Timothy Gardner NEW YORK/WASHINGTON (Reuters) – Constellation Energy and Microsoft (NASDAQ:MSFT) plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick…
Oil climbs on China stimulus, Middle East conflict and hurricane risk
By Paul Carsten (Reuters) – Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that conflict in the Middle East could hit regional…
