Trading

Image for Morning Bid: Traders still guessing in final Fed countdown

Trading

Morning Bid: Traders Still Guessing in Final Fed Countdown

Image for US dollar strengthens ahead of Fed rate cut move

Trading

US Dollar Strengthens Ahead of Fed Rate Cut Move

Image for FTSE 100 rises ahead of key central bank meetings

Trading

FTSE 100 Rises Ahead of Key Central Bank Meetings

Image for US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

Trading

US Dollar Drops to Near 9-month Low Versus Yen Amid Talk of Larger Fed Rate Cut

Image for British ministers head to Gulf for talks on new trade deal

British Ministers Head to Gulf for Talks on New Trade Deal

Date: September 16, 2024

(Reuters) – Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and minister for trade policy Douglas Alexander will meet their counterparts from the Gulf Cooperation Council, which comprises Bahrain, Kuwait, Oman, Qatar, Saudi...

Image for Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold Bulls Set Sights on Previously Dismissed Record $3,000/oz Milestone

Date: September 13, 2024

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight U.S. presidential election race. Spot gold reached a historic high of $2,572.81...

Image for Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar Weak, Yen at 2024 High on Bets of Big Rate Cut From Fed

Date: September 13, 2024

By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year as investors remained on tenterhooks ahead of next week’s central bank bonanza where the focus is on the Federal Reserve and the size of its expected interest rate cut. While the Fed is all...

Image for Global Financial Minds Converge at QuantInsti’s Algo Trading Conference of 2024

Global Financial Minds Converge at QuantInsti’s Algo Trading Conference of 2024

Date: September 12, 2024

Mumbai, India – QuantInsti has just announced the Algo Trading Conference 2024, an unparalleled confluence of the brightest minds and the most anticipated premier event for quant and algo trading professionals. The algorithmic trading market is estimated to grow by USD 15.3 billion at a CAGR of 14.3% between 2023 and 2028, and the global...

Image for FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

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...

Image for Sterling edges up versus dollar and euro after UK data

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...