Volatility in EUR/GBP currency pair to remain supressed – UBS
Investing.com —Β The European Central Bank and Bank of England will likely adopt “similar” upcoming monetary policy stances, although the BoE is tipped to take a slightly more hawkish approach, according…
Oil prices to stay lower through 2025 amid global oversupply risk: Wells Fargo
Investing.com — Oil prices are expected to remain subdued through 2025 due to the elevated risk of global oversupply, as per analysts at Wells Fargo in a note dated Tuesday.Β …
US crude, product inventories likely fell last week
(Reuters) -U.S. crude oil and product stockpiles were expected to have fallen last week, an extended Reuters poll showed on Tuesday. Ten analysts polled by Reuters estimated on average that…
Policy divergence should support GBP/USD flows – UBS
Investing.com – The Federal Reserve has started its easing cycle with a 50 basis-point cut, while the Bank of England is seen as on a more gradual easing path. This…
Oil declines as investors weigh whether new China stimulus will boost demand
By Arunima Kumar (Reuters) – Oil prices fell more than 1% on Wednesday as investors reassessed whether China’s latest stimulus plans will be able to boost its economy and spur…
Yen loses ground after China’s stimulus boost
By Rae Wee and Linda Pasquini LONDON/SINGAPORE (Reuters) -The yen lost ground to major currencies on Wednesday, while the yuan hit its strongest level in over a year, as China’s…
China stimulus adds to reasons to stay long AUD – UBS
Investing.com – The news of additional Chinese stimulus proved a clear fillip for risky assets, noted UBS, and has provided an additional reason to maintain a long position in the…
Higher natural gas prices needed to support export demand: UBS
Investing.com — Analysts at UBS in a note dated Tuesday emphasized that the current natural gas market dynamics require higher prices in 2025 to sustain stronger export demand.Β Despite recent…
Oil prices retreat as China boost fades; US inventories, OPEC outlook in focus
Investing.com– Oil prices fell Wednesday, cooling after optimism over more stimulus measures in China sparked strong gains in the prior session.Β At 07:25 ET (11:25 GMT), Brent oil futures fell…
Rate caution from Fed’s Bowman may “restrain” gold rally – HSBC
Investing.com —Β Gold prices hovered just below the flatline on Wednesday after hitting a fresh record high in Asian trade. By 07:07 ET (11:07 GMT), spot gold was lower by 0.03%…
