What does a dovish Fed mean for Asia FX? Goldman Sachs answers
Investing.com– The Federal Reserve’s first interest rate cut in over four years quelled market fears of a recession, Goldman Sachs said, with improved risk appetite likely to boost rate-sensitive Asian…
Gold prices hit record high on rate cut cheer; copper rallies on China stimulus
Investing.com– Gold prices hit record highs in Asian trade on Tuesday, extending a recent run of gains amid persistent optimism over U.S. interest rate cuts, with focus turning to more…
Oil prices rise on fresh China stimulus, Middle East tensions
KUALA LUMPUR (Reuters) – Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a…
Asia FX: yuan boosted by China stimulus cheer, Aussie rises before RBA
Investing.com– Most Asian currencies advanced on Tuesday with the Chinese yuan supported by Beijing announcing more stimulus measures, while the Australian dollar rose in anticipation of hawkish signals from the…
Aussie dollar near 2024 high as China cuts rates ahead of RBA
By Kevin Buckland TOKYO (Reuters) – The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to hold policy steady later and…
Oil prices stall amid mixed business activity readings
Investing.com– Oil prices rose slightly in Asian trade on Tuesday, although a recent rebound appeared to have run dry amid a series of mixed readings on business activity from across…
Miner backed by Canada province vows to compete with China in rare earths
By Divya Rajagopal TORONTO (Reuters) -The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial…
Oil prices rise on concerns of wider Middle East conflict, US storm
KUALA LUMPUR (Reuters) – Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a…
FTC set to greenlight chevron’s $53 billion buy of oil rival Hess, sources say
By Sabrina Valle (Reuters) – The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron (NYSE:CVX)’s purchase of Hess (NYSE:HES) as soon as this week, two people…
NinjaTrader Fined $900K+ by CFTC for Mishandling Fraudulent Accounts
Commodity Futures Trading Commission (CFTC) has fined NinjaTrader Clearing, LLC (NTC) $983,425 for failing to adequately supervise employee handling of accounts linked to a fraudulent case. Fraudulent Account Handling According…
