Russian missiles batter Ukraine’s embattled power grid
By Anastasiia Malenko and Pavel Polityuk KYIV (Reuters) -Russia hammered Ukrainian energy facilities in a massive aerial attack on Friday that President Volodymyr Zelenskiy said was one of the largest…
USD/JPY: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 153.70 with a target of 141.65 – 138.08. A…
Trafigura net profit, equity drops after Mongolia fraud
By Julia Payne and Robert Harvey LONDON (Reuters) – Global commodity trading house Trafigura saw a sharp drop in its earnings for 2024 and has revised down its equity and…
Rich countries, island states lock horns on climate change at UN court
By Stephanie van den Berg THE HAGUE (Reuters) – The World Court concludes hearings on Friday on countries’ legal obligation to fight climate change and whether large states contributing most…
Franc Goes All In. Forecast as of 13.12.2024
The Swiss National Bank has cut the key rate by 50 basis points, aiming to accelerate inflation and weaken the franc. Will it reach the goals? Let’s discuss it and…
Transatlantic balance buoys sterling towards pre-Brexit berth: Mike Dolan
By Mike Dolan LONDON (Reuters) -Sterling’s return close to pre-Brexit referendum levels against the euro owes much to Britain’s delicate dance between resetting relations with Europe and the return of…
GBP/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2800 with a target of 1.2240 – 1.1900. A sell signal:…
EUR/USD: Elliott Wave Analysis and Forecast for 13.12.24 – 20.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0620 with a target of 1.0193 – 1.0000. A sell signal:…
UBS sees eased risks in European gas despite uncertainties
Analysis from UBS indicates a decrease in the risk premium for European gas, as stable Russian supply has led to a drop in TTF futures below €45/MWh, down from earlier…
Dollar heads for positive week; sterling hit by GDP weakness
Investing.com – The US dollar rose Friday, heading towards its best week in a month, as traders scaled back expectations for aggressive US policy easing next year, while weak growth…