Citi cuts copper price forecast, says US tariffs, China weakness to hit demand
Investing.com — Citi Research in a note dated Wednesday has revised down its copper price forecast for the short term, signaling that ongoing trade tensions between the United States and…
Tesla (TSLA) Stock Forecast for 2024 and Beyond
Tesla Inc. is one of the largest U.S. corporations and a global leader in electric vehicle design and electricity generation and storage, thanks to its resilient business strategies and innovation.…
Oil prices edges higher ahead of US CPI; remain near 2-week lows
Investing.com — Oil prices rose slightly Wednesday, hovering just above two-week lows after the OPEC cut its demand outlook again, while focus rturned to inflation data out of the US.…
Dollar lingers at six-month peak as US inflation comes in focus
By Medha Singh and Brigid Riley (Reuters) -The U.S. dollar scaled a fresh 6-1/2-month peak against other major currencies on Wednesday and the Japanese yen fell to its lowest level…
Sterling drifts near 3-month lows vs dollar
By Medha Singh (Reuters) – The pound hovered near three-month lows against a stronger dollar on Wednesday, after a sharp fall in the previous session following data that showed inflation…
As pain from weak yen deepens, Japan’s ex-currency chief Kanda warns of action
By Tetsushi Kajimoto and Makiko Yamazaki TOKYO (Reuters) – Japan will act appropriately against excess movements on the foreign exchange market, former currency chief Masato Kanda told Reuters, issuing a…
Oil prices hold near 2-week low on gloomy demand outlook
By Arunima Kumar (Reuters) – Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024…
“Our Legal Counsel Team Is Cooperating”: Vantage after Dutch Regulator’s Investigation
A Vantage representative told Finance Magnates that “anyone attempting to visit the Vantage website from the Netherlands would be immediately prompted that ‘Vantage and its affiliated entities do not operate…
Dutch Regulator Investigates Vantage for Illegal CFD Offering
The Netherlands’ Authority for the Financial Markets (AFM) has opened an investigation against Vantage Markets, a contracts for differences (CFDs) broker, and has also issued a penalty order for non-cooperation.…
PBOC Forced to Devalue Yuan. Forecast as of 13.11.2024
The previous trade war slowed China’s GDP growth. This time, the country’s economy is already fragile, and tariffs could weaken it even more. How to navigate this challenging environment? Let’s…
