Oil dips as weaker demand counters storm Francine
By Ahmad Ghaddar LONDON (Reuters) -Oil prices gave up the previous day’s gains on Tuesday as a weaker demand outlook offset U.S. supply disruptions from Tropical Storm Francine and global…
OPEC again lowers 2024, 2025 global oil demand growth view
By Alex Lawler LONDON (Reuters) – OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its…
Hirose UK Achieves 79.7% Surge in Net Profit despite 1% Revenue Growth
Hirose Financial UK Ltd., the provider of online retail foreign exchange trading services, published its annual financials for the period ended on 31 March 2024, revealing notable improvements in several…
Oil dips as weak Chinese demand counters storm Francine
By Georgina McCartney and Katya Golubkova (Reuters) -Oil prices edged down on Tuesday as weak Chinese demand offset supply disruptions from Tropical Storm Francine and as global oil oversupply risks…
Citi forecasts further US dollar decline amid global slowdown
Citi expressed a perspective that anticipates a further weakening of the US dollar in the near term, despite maintaining a bullish stance on the currency for the next one to…
Gold May Continue Its Rally to New Highs. Forecast as of 10.09.2024
The precious metal has lost support from Asia, as evidenced by the People’s Bank of China’s reluctance to buy it. However, gold will benefit from lower federal funds rate. Let’s…
Economic calendar for the week 16.09.2024 – 22.09.2024
The unceasing debate regarding the magnitude of the Fed’s interest rate cut will likely settle in the coming week. The US central bank will announce its decision on Wednesday. Most…
Wise Joins AbbeyCross to Improve Connectivity and Rates in FX Payments
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia’s RegTech sector—ranked third-largest…
GTCFX Opens New Office and Hires Country Manager in Expansion to Thailand
Thailand has just joined GTCFX’s 16 global locations. The firm has opened a local office in Southeast Asia, with new Country Manager Mei Nongbua responsible for its operations. GTCFX Enters…
UBS shifts to bearish US dollar view, sees potential GBP strength
UBS advised investors to sell any potential short-term gains in the US dollar, adopting a more bearish stance on the currency for the medium term. The firm anticipates a possible…
