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German Producer Prices Fall More Than Expected in September
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Streamlining Forex Trading: A Critical Look at FBS’s Trading Conditions
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Dollar Jumps as Retail Sales Confirm Strong US Economy
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How to Invest in the Forex Market
Tech Stocks Hurt Stoxx 600, Asml Logs Biggest One-Day Drop in 26 Years
Date: October 16, 2024
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares posted their biggest one-day drop in over two weeks on Tuesday, weighed by technology stocks after chip equipment maker ASML’s third-quarter results were leaked and showed a disappointing annual sales forecast. The pan-European STOXX 600 index ended 0.8% lower, with tech stocks...
Inside China’s Bid to Build Sway Over Global Metals Pricing
Date: October 14, 2024
By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai’s futures exchange, which would eventually fragment global markets. After buying mining assets around the world...
Dollar Flat Against Peers as Markets Digest U.S. Economic Data
Date: October 11, 2024
By Chibuike Oguh, Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar was little changed against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve’s current monetary policy path, while a rise in British economic growth could not lift the pound from one-month lows. A gauge of U.S....
Dollar Steady, Focus on Fed Path, China, Middle East
Date: October 8, 2024
By Alden Bentley and Medha Singh NEW YORK/LONDON (Reuters) – The dollar held steady near seven-week highs against major currencies on Tuesday as investors assessed the outlook for further U.S. rate cuts, with concerns about the conflict in the Middle East and China’s economy lending support. The U.S. data calendar is relatively light this week,...
Morning Bid: PMIs to Pave the Way for Rate Cuts
Date: October 3, 2024
A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely to show further moderation in activity and cement expectations for rate cuts in the region, while potential rate moves in New Zealand and the U.S. are also in focus. Investors are...
Dollar Drops After Inflation Data, Yen Rebounds on Ishiba Win
Date: September 27, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures continue to cool, while the yen strengthened against the greenback after former defense minister Shigeru Ishiba was set to become Japan’s next prime minister. The U.S. personal consumption expenditures (PCE) price index rose 0.1% in...