Champagne makers call for reduced grape harvest after 15% drop in sales
PARIS (Reuters) – France’s champagne producers on Friday called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in…
Oil steady as supply outlook offsets strong dollar and China worries
By Ahmad Ghaddar LONDON (Reuters) -Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a…
Oil prices dip on China demand concerns; set for weekly loss
Investing.com– Oil prices fell in Asian trade on Friday, and were headed for a weekly loss amid persistent concerns over slowing demand in top importer China, while sentiment was also…
XAUUSD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2347.67 with a target of 2560.00 – 2650.00. A…
Asian foreign reserves decline in 2024 first half
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Asia’s foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and South Korea…
WTI Crude Oil: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 84.80 with a target of 72.30 – 67.60. A…
Exclusive-ExxonMobil selling Malaysia oil and gas assets to Petronas, sources say
By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) – Exxon Mobil Corp (NYSE:XOM) has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the…
China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on the metal used in electric…
USDJPY: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions above the level of 151.85 with a target of 165.00 – 170.00 once a correction…
GBPUSD: Elliott wave analysis and forecast for 19.07.24 – 26.07.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.2610 with a target of 1.3250 – 1.3740. A…
