Centroid Taps FMP in Push to Expand Market Data Services

Trading technology provider Centroid Solutions announced today (Wednesday) the integration of Financial Modeling Prep’s (FMP) comprehensive financial data services into its trading infrastructure, expanding its market data capabilities for institutional…

Euro Remains Resilient Against Political Turmoil. Forecast as of 04.12.2024

The current lag in GDP growth and the increasing fragmentation of the political landscape are pushing the EURUSD pair toward parity. Following political turmoil in France, Germany may face a…

Aussie dollar outlook hinges on US trade policy under Trump, says BofA

Investing.com– There are three potential scenarios for the Australian dollar through mid-2025, contingent on U.S. policy under President-elect Trump, analysts at Bank of America (BofA) said in a note, stating…

Gold prices steady as S.Korea turmoil spurs some haven demand; Powell awaited

Investing.com– Gold prices rose marginally in Asian trade on Wednesday as political turmoil in South Korea spurred some safe haven demand, although anticipation of more cues on U.S. interest rates…

Aussie slumps on tepid economy, won stable after martial law lifted

By Kevin Buckland TOKYO (Reuters) -The Australian dollar tumbled to a four-month low on Wednesday after weaker-than-expected economic growth raised expectations for earlier interest rate cuts, while South Korea’s won…

Asian FX muted; S.Korean won at 2-year low amid political jitters

Investing.com– Asian currencies drifted lower on Wednesday with the South Korean won at a two-year low after President Yoon Suk-Yeol’s failed attempt to impose martial law, while the Australian dollar…

Oil prices edge up on geopolitical tensions, OPEC+ supply plans

By Arathy Somasekhar (Reuters) – Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel inventories as well as…

Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets

Investing.com– The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve Bank will cut interest rates earlier in 2025.  The AUD/USD…

Oil prices steady amid Israel-Lebanon tensions, US inventory build

Investing.com– Oil prices steadied in Asian trade on Wednesday after rising sharply in the prior session as Israel threatened to attack Lebanon if its ceasefire with Hezbollah collapses.  But oil’s…

Oil steady as markets weigh higher US stockpiles, OPEC+ supply plans

By Arathy Somasekhar (Reuters) – Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel inventories as well as…