COP29: Pay up or face climate-led disaster for humanity, warns UN chief

By William James BAKU (Reuters) – United Nations Secretary-General Antonio Guterres told world leaders at the COP29 summit on Tuesday to “pay up” to prevent climate-led humanitarian disasters, and said…

US Dollar Buying Frenzy Gains Traction. Forecast as of 12.11.2024

Currency wars will follow the trade wars pledged by Donald Trump. Competitive devaluation will mitigate the effects of US import duties. Let’s discuss this topic and make a trading plan…

Oil drifts amid China stimulus concerns, oversupply worries

By Emily Chow SINGAPORE (Reuters) -Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, with investor disappointment over China’s latest stimulus plan and oversupply…

Metro Bank’s £51bn Blind Spot Leads to 3rd Largest FCA Fine of 2024

The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank for significant failings in its anti-money laundering controls that left over £51 billion in transactions inadequately…

Short-term Analysis for Oil, Gold, and EURUSD for 12.11.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…

Robinhood’s User Base Soars Past 24M as Deposits Hit $5.2B Mark

Popular trading platform Robinhood saw substantial growth across its key metrics in October, with significant increases in trading volumes and customer assets under management. Robinhood Reports Surge in Trading Volumes,…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.11.2024

Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is…

Oil slips on China stimulus concerns, oversupply outlook

By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC’s monthly report after China’s stimulus plan and oversupply…

Explainer-COP29: What is the latest science on climate change?

By Gloria Dickie BAKU (Reuters) – This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures, adding pressure to negotiations…

Dollar climbs with bitcoin as Trump trades ramp up; euro, yuan battered

By Kevin Buckland TOKYO (Reuters) -The U.S. dollar rose toward a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into…