Oil prices little changed as US rate cut fails to boost sentiment

By Colleen Howe BEIJING (Reuters) -Oil prices were little changed on Thursday as lingering concerns over demand capped the potential benefits of a larger-than-expected Federal Reserve interest rate cut. Brent…

Explainer-What’s at stake in Austrian parliamentary election?

VIENNA (Reuters) – Austrians elect a new parliament on Sept. 29 in a vote that could put the far-right Freedom Party (FPO) in pole position to form a government for…

Dollar claws back losses after Fed goes big on rate cut

By Rae Wee SINGAPORE (Reuters) -The U.S. dollar rose broadly on Thursday, reversing a brief tumble in the immediate aftermath of the Federal Reserve’s outsized interest rate cut that had…

Gold prices retreat as markets look past 50 bps Fed rate cut

Investing.com– Gold prices moved in a flat-to-low range in Asian trade on Thursday, and were nursing overnight losses after less dovish signals from the Federal Reserve offset some optimism over…

Hantec Markets’ UK Unit Turns a Loss in 2023 due to “Additional IT Expenditure”

The UK unit of Hantec Markets ended 2023 with an annual turnover of over £6.8 million, an increase of almost 24 percent from the previous year. However, the company turned…

Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ

Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the dollar firmed sharply after an outsized interest rate cut by the Federal Reserve was offset by less…

ASIC Just Gained New Powers. Check If They Will Affect FX/CFD Brokers

The Australian Securities and Investments Commission (ASIC) has received expanded regulatory powers as part of a reform of the country’s financial market infrastructure (FMI) laws, aimed at bolstering stability and…

Coffee growers look to postpone EU deforestation requirement

By Gustavo Palencia TEGUCIGALPA (Reuters) – The world’s top coffee body is set to request that the European Union postpone a requirement that imported beans come from areas not linked…

Oil prices dip after bumper Fed cut sparks little cheer; US inventory data mixed

Investing.com– Oil prices fell in Asian trade on Thursday following a mixed reading on U.S. oil inventories, while an outsized interest rate cut by the Federal Reserve sparked some concerns…

Oil prices fall as US rate cut fails to boost market sentiment

By Colleen Howe BEIJING (Reuters) – Oil prices fell in Asian trading on Thursday after a larger-than-expected Federal Reserve interest rate cut sparked concerns about the U.S. economy. Brent crude…