US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic…

WTI Crude Oil: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 77.20 with a bearish target of 61.50 – 53.60.…

Buy gold as a hedge to these risks: UBS

Investing.com — UBS analysts reaffirmed their bullish stance on gold in a note this week, highlighting its value as a hedge against rising macroeconomic and geopolitical uncertainties. UBS pointed out…

USDJPY: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 149.34 with a bearish target of 131.25 – 123.97.…

Oil price rally steers crude towards weekly gain

By Arunima Kumar (Reuters) -Oil prices rose 1% on Friday, extending their rally and putting crude on course for a weekly gain on the back of output disruption in the…

GBPUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.3000 with a growth target of 1.3500 – 1.3740.…

Aussie Posts Gains on Rising Risk Appetite. Forecast as of 13.09.2024

While traders sought to capitalize on the divergence in monetary policy between the RBA and other central banks, AUDUSD bulls saw another avenue for potential gain: rising global risk appetite.…

EURUSD: Elliott wave analysis and forecast for 13.09.24 – 20.09.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0998 with a growth target of 1.1300 – 1.1500.…

Kremlin says no concrete measures yet after Putin’s metals exports ban proposal

MOSCOW (Reuters) – President Vladimir Putin’s proposal to restrict exports of Russian metals is an invitation for officials to think about it and there are no concrete measures yet, Kremlin…

Exclusive-US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) – The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic…