trading
Trading
British ministers head to Gulf for talks on new trade deal
Trading
Gold bulls set sights on previously dismissed record $3,000/oz milestone
Trading
Dollar weak, yen at 2024 high on bets of big rate cut from Fed
Events
Global Financial Minds Converge at QuantInsti’s Algo Trading Conference of 2024
FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
Date: September 11, 2024
By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare and energy shares, while cooling wage growth in the UK cemented bets for further interest rate cuts by the Bank of England. The blue-chip FTSE 100 fell 0.8%, after logging its best day in...
Sterling edges up versus dollar and euro after UK data
Date: September 10, 2024
By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the view that the British economy was on a solid footing. Pay growth cooled in the three months to July to a more than two-year low, and employment shot higher, according to data on...
Dollar edges down before US inflation data, presidential debate
Date: September 10, 2024
By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflation data and the televised U.S. presidential debate, which could affect expectations for the interest rate outlook. A mixed labour report on Friday failed to make a clear-cut case for whether the Federal Reserve would deliver a regular 25 basis point (bps) rate...
Dollar edges up after August US payrolls paints mixed picture
Date: September 6, 2024
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged up in volatile trading on Friday after data showed U.S. employment grew less than expected in August, but indicated a steady slowdown in the labor market, likely supporting gradual interest rate cuts by the Federal Reserve. Nonfarm payrolls increased by 142,000 jobs last month after...
How currency marketplaces have changed foreign currency trading forever
Date: August 28, 2024
By Ola Oyetayo, co-Founder of Verto Companies expanding globally, from large multinationals to small businesses, often encounter significant challenges when dealing with exotic or thinly traded currencies. These obstacles include limited exchange rate control, high initial expenses, and operational inefficiencies. A key issue is the scarcity of liquidity and price transparency, especially for emerging market...
Unlocking the trade and investment potential of Central Asia
Date: August 28, 2024
By Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation Fostering regional cooperation, diversifying exports and expanding international trade networks could have a transformative impact on the future prosperity of Central Asia. For Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan, finding a way to work together to improve the regions trade and...