OPEC+ set to keep output policy unchanged at panel meeting

By Alex Lawler, Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) – An OPEC+ ministerial panel scheduled to meet on Wednesday is unlikely to recommend any changes to policy, allowing…

CySEC Extends Russia-Linked Otkritie Broker Director Ban Implementation by Six Months

The Cyprus Securities and Exchange Commission (CySEC) has announced a further extension to the implementation of its decision regarding Otkritie Broker Ltd, a Cyprus Investment Firm (CIF). In a statement…

HSBC lowers EUR-AUD trade target, stop-loss

HSBC Global Research has adjusted its position on the EUR-AUD currency pair, setting a lower target and stop-loss levels for its sell trade idea. On the other hand, the firm…

Prop Trading Poses Image Hazard for CFD Brokers: These Two Firms Aim to Fix It

RegTech firm Muinmos and technology provider Brokeree Solutions have announced a partnership focused on proprietary trading compliance and risk management for regulated brokers. This move comes amid ongoing discussions about…

Morning Bid: MidEast tension, port strike see edgy Q4 start

A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East tensions dialing back up, U.S. port workers on strike and global industry under…

Aussie to Continue Its Rally. Forecast as of 02.10.2024

If the economy of your main trading partner gets an economic adrenaline shot, you can anticipate an increase in external demand and a strengthening of your currency. Let’s discuss this…

US Dollar Dives: Fed Cuts Spark $4B Yen Carry Trade Shakeup

Two weeks ago, the Federal Reserve (Fed) began a widely anticipated cycle of interest rate cuts. As a result, the US dollar exchange rate fell to its lowest level since…

Bank of England says global asset prices remain ‘stretched’

By David Milliken and Suban Abdulla LONDON, Oct 2 (Reuters) – Global asset prices remain stretched and are vulnerable to a big fall as investors grow more concerned about geopolitical…

UBS wary of chasing dollar weakness ahead of payrolls

Investing.com – The price of Brent soared and equity markets suffered weakness in response to the Iranian missile attacks on Israel, but the US dollar gains were more muted, noted…

Middle East energy flows not expected to be interrupted by rising tensions – UBS

Investing.com — Escalating tensions in the Middle East following an aerial attack on Israel by Iran will not lead to sustained interruptions in energy flows out of the oil-rich region,…