Oil retreats as demand concerns offset Libya supply risks
By Arunima Kumar (Reuters) -Oil prices slipped on Wednesday on persistent concern over Chinese demand and elevated risks of a broader slowdown, though the decline was capped by potential supply…
Russia says it defused unexploded munitions fired by Ukraine near Kursk nuclear power plant
MOSCOW (Reuters) – Russia said on Wednesday its forces had defused unexploded U.S.-supplied munitions fired by Ukraine that were shot down just 5 km (3 miles) from Russia’s Kursk nuclear…
Swissquote Enhances Sports Presence: Becomes “Principal Sponsor” of Two Ice Hockey Teams
Swissquote, a Switzerland-headquartered online broker, has strengthened its presence in sports by becoming the principal sponsor of two local ice hockey teams: ZSC Lions from Zurich and the Genève-Servette Hockey…
Tickmill Sets New Trading Volume Record in MENA, Surpassing $135 Billion
The first half of 2024 proved exceptionally strong for Tickmill in the Middle East and North Africa (MENA) region, as confirmed by data shared with Finance Magnates. Trading volumes grew…
Gold slips on firmer dollar, US inflation data in focus
By Daksh Grover (Reuters) – Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on…
Short-term Analysis for Oil, Gold, and EURUSD for 28.08.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Highlights and key points BTCUSD: the price…
US tight oil activity resilient, particularly in Permian Basin: Macquarie
Investing.com — The US tight oil sector has shown remarkable resilience in 2024, especially within the Permian Basin, despite industry challenges such as a declining rig count and a wave…
Oil steady after recent losses on demand concerns
SINGAPORE (Reuters) -Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains, amid persistent concerns over potential supply losses from…
Valutrades’ Revenue Plummets Nearly 80% in a “Challenging Year”
London-based broker Valutrades has published its 2023 results for its FCA-regulated business. A turnover more than four times smaller than the previous year resulted in a significant operating loss and…
