China’s carrot-and-stick tactics on EU nations start to pay off
By Mei Mei Chu, Joe Cash and Ellen Zhang BEIJING (Reuters) – Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal…
Euro Strengthens on ECB Signals. Forecast as of 13.09.2024
The European Central Bank appears to be satisfied with the current market pricing. The ECB did not signal a rate cut in October, which led to a surge in the…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.09.2024
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: Highlights and key points BTCUSD: an…
Asia FX firms with yen near 8-mth high; dollar down on rate cut bets
Investing.com– Asian currencies firmed on Friday, while the dollar retreated as markets bet that the Federal Reserve will kick off an easing cycle from next week, with focus squarely on…
Gold prices hit record high as rate cut bets build
Investing.com– Gold prices hit a record high in Asian trade on Friday, buoyed by persistent speculation that the Federal Reserve will cut interest rates in the coming week, while increased…
Oil extends recovery to cap volatile week
By Shariq Khan (Reuters) – Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate…
Oil prices rise, set for positive week amid rebound from 3-year lows
Investing.com– Oil prices rose in Asian trade on Friday and were set for a positive close to the week as concerns over supply disruptions stemming from Hurricane Francine helped crude…
Oil prices extend recovery rally to cap volatile week
By Shariq Khan (Reuters) – Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate…
Oil rises 2% as storm batters US Gulf of Mexico production
By Shariq Khan NEW YORK (Reuters) -Oil prices rose over 2% on Thursday as producers assessed the impact on output in the U.S. Gulf of Mexico after Hurricane Francine tore…
Oil rises 3% as storm batters US Gulf of Mexico production
By Arunima Kumar (Reuters) -Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane Francine’s impact on U.S. output, though a gloomy demand outlook…
