Asia FX ticks higher, yuan hits 16-mth high on China stimulus cheer

Investing.com– Most Asian currencies rose slightly on Wednesday as persistent bets on interest rate cuts dented the dollar, while the Chinese yuan hit a 16-month high on optimism over more…

World leaders call for investment in clean energy, developing nations seek help

By Valerie Volcovici and Simon Jessop NEW YORK (Reuters) -World leaders on Tuesday called for far more investment in renewable energy to tackle climate change, with developing nations saying they…

Oil prices steady as China boost fades; US inventories seen shrinking

Investing.com– Oil prices fell slightly in Asian trade on Wednesday, cooling after optimism over more stimulus measures in China sparked strong gains in the prior session.  Markets took little support…

Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall

By Laila Kearney (Reuters) – Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world’s biggest crude importer,…

Economic calendar for the week 30.09.2024 – 06.10.2024

The S&P500 and Dow Jones stock indices are reaching new highs, while the US dollar continues to face pressure after the US Fed’s decision to cut interest rates by 0.50%…