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…
The US dollar is down but not out: BCA
Investing.com — Despite recent weakness, analysts at BCA Research in a note dated Monday assert that the US dollar remains resilient and is expected to rebound in the coming months. …
B2B Focus Pays Off for UK Payment Firms in H1 2024 Results
Two UK-based fintech companies specializing in foreign exchange and payment solutions, Equals Group (LSE: EQLS) and Finseta (LSE: FIN), reported their financial results for the first half of 2024 today…
Another Prop Firm Suspends Operations, Claims It Was “Attacked and Blackmailed”
Last week, Fundedlions disappeared from the rapidly changing map of prop firms. CEO Noman Iqbal asked users not to access their accounts for a few days as the company would…
