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Yen firms after less dovish BOJ, dollar dips ahead of inflation data
Trading
Italy’s finance minister defends tax hike on cryptocurrencies amid party spat
Trading
Worldline meets Q3 revenue estimates on merchant services strength
Trading
US dollar ticks up on jobs data, bitcoin trades near record
Sterling falls ahead of UK budget, while volatility gauge jumps
Date: October 30, 2024
By Harry Robertson LONDON (Reuters) -The pound fell on Wednesday as British bond yields dropped ahead of the new Labour government’s first budget, while a gauge of expected volatility over the next week shot to its highest since March 2023. Sterling was last down 0.35% on the day at $1.297, pulled lower by a fall...
US dollar rally pauses before jobs data, Aussie falls on RBA outlook
Date: October 30, 2024
By Kevin Buckland TOKYO (Reuters) -The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy. The Australian dollar slipped to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut is unlikely...
Morning Bid: From GDP data to tech earnings, a lot to chew on
Date: October 30, 2024
A look at the day ahead in European and global markets from Rae Wee Investors will have a full calendar of major releases to digest on Wednesday, from bank and Big Tech earnings to a UK budget, along with a U.S. private payrolls report and growth figures for the U.S. and several big European...
Oil hovers at one-month low with supply drivers back in focus
Date: October 30, 2024
By Trixie Yap (Reuters) -Oil prices held at one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and Hezbollah and rising OPEC+ crude supplies against a possible drop in U.S. fuel stocks and demand concerns. Brent crude futures gained 58 cents, or 0.8%, to $71.7 a...
Spain’s Puig posts 11% rise in Q3 sales, beats expectations
Date: October 30, 2024
By Corina Pons MADRID (Reuters) -Spanish fashion and perfumes company Puig reported an 11% rise in third-quarter sales on Tuesday, beating analysts’ expectations after sector rivals posted disappointing results due to lower demand in China. The Barcelona-based firm behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three-months...
Dollar profits from Japan political uncertainty, data and US election in focus
Date: October 29, 2024
By Laura Matthews and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against most majors as traders bided their time ahead of next week’s U.S. election and a slew of incoming economic data. The loss of a parliamentary majority for Japan’s...