Oil steady as markets brace for OPEC+ signals and rising geopolitical tensions
By Arunima Kumar (Reuters) -Oil prices steadied on Monday following 6% gains last week, with mounting tensions between Western powers and major oil producers Russia and Iran raising fears of…
Exclusive: BDSwiss Vacates Its Cyprus Office Space
BDSwiss has vacated its office in Limassol, Cyprus, and is selling all its office equipment, Finance Magnates has learned. The broker now has no physical presence on the Mediterranean island.…
Look for parity in EUR/USD in 2025 – JPMorgan
Investing.com – JPMorgan has turned even more euro bearish in the wake of the US presidential election, forecasting a test of parity for EUR/USD by the first quarter of 2025.…
Dollar retreats from 2-year peak after Trump Treasury nomination
By Wayne Cole and Medha Singh (Reuters) -The dollar retreated on Monday after a stellar run as the pick for U.S. Treasury secretary seemed to reassure the bond market about…
cTrader 5.0 Launches with New Algo API, Cloud Integration, and Mobile Support
π₯Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…
Morning bid: Treasuries rally on Bessent pick, dollar retreats
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. Treasury yields slipped back on Monday after Wall Street money manager Scott Bessent got the…
OPEC+ expected to postpone production increase again, UBS says
OPEC+ is expected to extend its production cuts rather than increasing output, according to analysts at UBS.Β This comes ahead of the coalitionβs scheduled December meeting, where its members will…
Contentious COP29 deal shows climate cooperation fraying at edges
By Valerie Volcovici, Richard Valdmanis and Karin Strohecker BAKU (Reuters) – When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on…
Guyana’s pick of new US startup faces hurdles to tap vast gas reserves
By Curtis Williams and Kemol King HOUSTON/GEORGETOWN (Reuters) – Doubts are growing over Guyana’s pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped…
Exclusive-Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits…