TRADE.com UK Reports 60% Profit Growth in 2023
In 2023, TRADE.com in the UK achieved higher revenue, profit, and increased the value of its assets compared to the previous year. Trade Capital UK Ltd (TCUK), the operator of…
US Dollar Dispels Recession Fears. Forecast as of 26.08.2024
The market received a clear signal that the Federal Reserve’s monetary expansion cycle would begin in September, and it started buying the EURUSD pair against the European Central Bank’s actions.…
Dollar sinks vs yen, hovers near 2-1/2-year low to sterling on dovish Fed shift
By Kevin Buckland TOKYO (Reuters) -The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Jerome Powell’s emphatic dovish shift contrasted sharply with Bank…
Gold prices steady above $2,500 amid rate cut cheer
Investing.com– Gold prices fell slightly in Asian trade on Monday, but remained in sight of record highs last week as the prospect of lower U.S. interest rates battered the dollar…
Greek-flagged ship on fire since Aug 23 after Houthi attack, EU naval mission says
By Ahmed Elimam (Reuters) -The Greek-flagged ship Sounion has been on fire since Aug. 23 after an attack by Yemen’s Houthis with no obvious signs of an oil spill, EU…
US industry seeks easing of steep Biden-Harris China tariff hikes
By David Lawder WASHINGTON (Reuters) – The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry…
EU naval mission: Greek-flagged ship Sounion on fire since August 23 after Houthi attack
(Reuters) – The Greek-flagged ship Sounion has been on fire since August 23 after an attack by Yemen’s Houthis, EU Red Sea naval mission Aspides said in a post on…
Asia FX firms, yen strong as rate cut bets put dollar at 13-mth low
Investing.com– Most Asian currencies firmed on Monday with the Japanese yen rising sharply amid increasing bets that the Federal Reserve will cut interest rates in September, which put the dollar…
Oil prices rise with no Gaza ceasefire in sight
Investing.com– Oil prices rose in Asian trade on Monday, extending a rebound from the prior session as media reports showed no progress towards an Israel-Hamas ceasefire while hostilities in the…
