ASEAN currencies rally not backed by fundamentals, says BCA
BCA Research expressed skepticism about the sustainability of the recent rally in ASEAN currencies, indicating that a downturn is expected. The research firm pointed to the lack of support by…
Gold prices hover near record highs ahead of key labor market data
Gold prices opened nearly unchanged amid the prospect of a rate cut by the Federal Reserve in September continues to be a major focus for investors. At 18:57 EST (22:57 GMT),…
Dollar dips ahead of the key jobs report
The U.S. dollar saw a modest decline but stayed close to its nearly two-week high, with investor attention turning to the forthcoming U.S. jobs report expected at the week’s end.…
Oil prices pop as Libyan oil exports remained halted
U.S. crude oil futures opened modestly higher after recording three consecutive weeks of losses. Oil prices have been under pressure lately, influenced by concerns over a potential slowdown in demand…
Exclusive: Forex4you Exits Belarus as Forex Market Shrinks in the Region
Forex4you closed its representative office in Minsk, shrinking the number of licensed forex firms in Belarus to just six. This closure was also accompanied by the suspension of forex4you.by website,…
Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost
By Nia Williams and Arunima Kumar (Reuters) -Oil prices edged higher on Monday, recovering some losses from late last week, as Libyan oil exports remained halted and concerns about higher…
Casinos in Thailand: A Thrilling Prospect for the Future of Tourism
Casinos in Thailand are on the brink of transforming the nation’s tourism landscape. Thailand is poised to join the ranks of Macau and Singapore as a premier gaming destination, offering…
Federal Reserve Policy Error: Analysts Warn of Tight Measures
The Federal Reserve’s recent actions have sparked significant debate among economists and market analysts. Many experts now question whether the central bank’s approach could lead to a critical policy error.…
Putin arrives in Mongolia, key link in planned gas pipeline to China
MOSCOW (Reuters) – The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new…
Oil steadies as halted Libyan exports balance expected OPEC+ supply boost
By Arunima Kumar (Reuters) -Oil prices extended losses from the end of last week on expectations of higher OPEC+ production from October while signs of sluggish demand in China and…
