trading

Image for Sterling set for biggest four-week drop in a year before UK budget

Trading

Sterling set for biggest four-week drop in a year before UK budget

Image for Global commercial insurance rates show first quarterly fall in seven years, Marsh says

Trading

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

Image for Euro, yen bounce as dollar stalls near three-month highs

Trading

Euro, yen bounce as dollar stalls near three-month highs

Image for Euro zone consumer confidence rises to -12.5 in October

Trading

Euro zone consumer confidence rises to -12.5 in October

Image for Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Date: October 24, 2024

(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among major producers, with concerns easing over a potential disruption in Iranian supply, it said in a note on Tuesday. Overall, we still see the medium-term risks to our $70-85/bbl range...

Image for German tax revenue rose 6.9% in September

German tax revenue rose 6.9% in September

Date: October 22, 2024

BERLIN (Reuters) – Germany’s federal and state governments’ tax revenues rose 6.9% in September compared with the same month last year, the finance ministry said on Tuesday. The federal and state governments’ tax revenue reached a total of 86.2 billion euros ($93.54 billion) last month, according to the ministry’s monthly report. This follows a...

Image for German producer prices fall more than expected in September

German producer prices fall more than expected in September

Date: October 21, 2024

BERLIN (Reuters) – German producer prices fell more than expected in September, declining 1.4% year on year, due mainly to significantly lower energy prices, the federal statistics office said on Monday. Analysts polled by Reuters had expected a 1.0% decline. The main reason for the dip was lower energy prices, which were 6.6% lower...

Image for Streamlining Forex Trading: A Critical Look at FBS’s Trading Conditions

Streamlining Forex Trading: A Critical Look at FBS’s Trading Conditions

Date: October 20, 2024

In the complex world of forex trading, an easy-to-use platform can be both a blessing and a curse. FBS is a major forex broker that provides a simple way to trade. But does this approach benefit traders, or does it come with hidden costs? Account Types: Less Choice, More Clarity? FBS’s strategy favors transparency and...

Image for Dollar jumps as retail sales confirm strong US economy

Dollar jumps as retail sales confirm strong US economy

Date: October 17, 2024

By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. retail sales increased slightly more than expected in September, boosting confidence that the U.S. economy remains strong. It followed a relatively muted currency reaction to the European Central Bank’s decision to cut rates by...

Image for How to Invest in the Forex Market

How to Invest in the Forex Market

Date: October 17, 2024

Trying to invest in anything new can be scary. Even if you’re just trying to invest in yourself, it’s a difficult thing to really sit down, learn something new and then apply this knowledge for some form of profit. If you’re interested in investing in something in a financial way, then the forex market might...