UK retail sales fall by 0.3% in December

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Swissquote Sees “Better than Anticipated” 2024 Financials Due to Crypto Demand

Swissquote, a leading online trading platform, has reported its 2024 revenue to be approximately CHF 655 million, with pre-tax profit expected to exceed CHF 345 million. The company highlighted that…

US Dollar Awaits Trump’s Inauguration. Forecast as of 17.01.2025

Mixed data on US inflation and retail sales, along with the dovish rhetoric voiced by Fed officials, has prompted EURUSD bears to retreat. The market displays subdued trading ahead of…

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.01.2025

Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Ripple’s price has grown more than expected and will likely rise even higher.…

Column-Beware Egypt’s smokestack onshoring as cement exports surge: Maguire

By Gavin Maguire LITTLETON, Colorado (Reuters) – North Africa’s largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part…

Gold prices steady amid rate, Trump uncertainty; copper up on strong China data

Investing.com– Gold prices steadied near a one-month high in Asian trade on Friday, as uncertainty over U.S. interest rates and policy under incoming President Donald Trump spurred some haven demand. …

Chinese buyers switch to cheaper Brazilian soybeans ahead of Trump return

By Naveen Thukral, Ella Cao and Mei Mei Chu SINGAPORE/BEIJING (Reuters) – Chinese soybean processors have turned to competitively priced Brazilian cargoes instead of U.S. oilseeds, amid fears Washington will…

Oil up, heads for 4th weekly gain as U.S. sanctions hit supply

By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers…

Global diesel prices spike as US hits Russia with new sanctions

By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) – Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia’s oil…

Asia FX muted amid rates, Trump speculation; yuan drifts higher on strong GDP

Investing.com– Most Asian currencies kept to a tight range on Friday, while the dollar nursed some weekly losses amid uncertainty over interest rates, while anticipation of President-elect Donald Trump’s inauguration…