US Dollar Under Pressure Amid Rising Risk Appetite. Forecast as of 20.09.2024
The aggressive start of the Fed’s monetary expansion has left other central banks indifferent. They have chosen not to declare victory over inflation, which is a negative development for the…
European Commission president says she has arrived in Kyiv to discuss support for Ukraine
KYIV (Reuters) – European Commission President Ursula von der Leyen said on Friday she had arrived in Ukraine’s capital Kyiv to discuss Europe’s support, winter preparedness, defence and progress on…
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus
Investing.com– Gold prices rose in Asian trade on Friday as the dollar fell following an outsized interest rate cut by the Federal Reserve, with markets cheering the prospect of further…
Analysis-Global refiners face profit slump as new plants come online
By Ahmad Ghaddar, Trixie Yap and Shariq Khan LONDON/SINGAPORE/NEW YORK (Reuters) – Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows,…
ThinkMarkets UK’s 2023 Profit Dived 71%: Client Acquisition and Deposits Boosted
The British entity that operates ThinkMarkets, a forex and contracts for differences (CFDs) broker, ended 2023 with an annual turnover of over £2.4 million, a 14.2 percent decline from the…
Asia FX rises as rate cut dents dollar; yen firms as BOJ holds course
Investing.com– Most Asian currencies firmed on Friday, while the dollar nursed losses after the Federal Reserve cut rates by a wide margin and kicked off an easing cycle. The Japanese…
Stay long on the yen amid rate hikes, improving growth- BCA
Investing.com– BCA Research said bets on a stronger Japanese yen were becoming more entrenched amid attractive valuations in local assets, the prospect of more interest rate hikes and an improving…
Oil prices drift lower but set for positive week after rate cut
Investing.com– Oil prices fell slightly in Asian trade on Friday as traders locked-in recent profits, with crude headed for a weekly gain as a bumper U.S. interest rate cut helped…
Oil prices set to end week higher after US rate cut
SINGAPORE (Reuters) – Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut…
USTR to take comments on tariff hikes for Chinese polysilicon, wafers, tungsten
WASHINGTON (Reuters) – The U.S. Trade Representative’s office said on Thursday it will accept public comments starting on Monday on its plans for steep tariff increases on Chinese polysilicon, silicon…
