UK retail sales edge up by 0.2% in November
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Trump says EU should make up ‘tremendous deficit’ with US by purchasing its oil and gas
(Reuters) – U.S. President-elect Donald Trump said on Friday that the European Union must purchase U.S. oil and gas to make up for its “tremendous deficit” with the world’s largest…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 20.12.2024
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 may…
CFDs Traders on Now-Closed USG, TradeFred, and EuropeFX Lost US$51.7 Million
Union Standard International Group (USG), a now-closed contracts for differences (CFDs) broker, and its two former affiliates, TradeFred and EuropeFX, engaged in “systemic unconscionable conduct” between 2018 and 2020, resulting…
US Dollar Soars as US Government Shutdown Looms. Forecast as of 20.12.2024
Speculation that December’s rate cut may be the last and increased safe-haven demand due to the partial US government shutdown allowed EURUSD bears to push the pair lower. Let’s discuss…
California sets clear path to close Aliso Canyon gas storage facility
(Reuters) – California’s utilities regulator on Thursday set a clear path toward potentially closing SoCalGas’s Aliso Canyon gas storage facility, prioritizing energy reliability and affordability as the state shifts to…
Oil falls on demand growth concerns, robust dollar
By Colleen Howe and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks…
Gold prices steady but set for weekly losses on hawkish Fed outlook
Investing.com– Gold prices steadied near a one-month low in Asian trade on Friday and were headed for weekly losses after the U.S. Federal Reserve’s forecast of fewer than expected interest…
Asia FX fragile with dollar upbeat ahead of PCE data; yen hits 5-mth low
Investing.com– Most Asian currencies weakened on Friday with the Japanese yen recovering marginally from a five-month low as strong inflation data only partially offset a dovish outlook for the Bank…
Oil prices fall on demand concerns, strong dollar
By Colleen Howe BEIJING (Reuters) – Oil prices fell in early trading on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil…