Yen slumps as Japan’s election clouds rate rise prospects
By Tom Westbrook SINGAPORE (Reuters) -The yen sank to a three-month low on Monday as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections…
US Dollar May Brew Rally Ahead of Crucial Data. Forecast as of 28.10.2024
In response to prevailing pessimism, speculators swiftly relocated their focus back to the US dollar. The prospect of trade wars and armed conflicts is a cause for concern for the…
Gold prices fall as easing M.East risks dent haven demand
Investing.com– Gold prices fell from near record highs in Asian trade on Monday as easing concerns over a bigger conflict in the Middle East dented safe haven demand for the…
Asia FX weakens, yen slides after election quashes rate hike bets
Investing.com– Most Asian currencies weakened on Monday with the Japanese yen sliding to a three-month low amid bets that the loss of a parliamentary majority for Japan’s ruling party diminished…
Oil slumps more than 4% after Iran downplays Israeli strikes
By Florence Tan SINGAPORE (Reuters) – Oil prices tumbled more than $3 a barrel on Monday after Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear…
Oil prices slide 4% after Israel strike on Iran less severe than feared
Investing.com– Oil prices fell sharply in early Asian trade on Monday, weighed by easing fears of a Middle East war after an Israeli strike against Iran, over the weekend, was…
UK employers show further signs of pre-budget nerves, Lloyds says
LONDON (Reuters) – British business confidence sank to a four-month low in October ahead of the first budget plan from the country’s new government, a survey showed on Monday, echoing…
