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A Donald Trump presidency could be net bearish for oil prices due to a combination of factors including tariffs and oil-...
26/07/2024

A Donald Trump presidency could be net bearish for oil prices due to a combination of factors including tariffs and oil-friendly policies, and pushing the Organization of the Petroleum Exporting Countries and allies (OPEC+) to release more oil into the market, Citi said in a research note on Thursday.

The yen rose sharply on Wednesday in a move that sparked speculation as the result of another intervention from Japanese...
18/07/2024

The yen rose sharply on Wednesday in a move that sparked speculation as the result of another intervention from Japanese officials to support the long-battered currency from multi-decade lows.

Oil prices slipped on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than m...
09/07/2024

Oil prices slipped on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than markets had expected, easing concerns over supply disruption.

Brent futures fell 39 cents or 0.45% to $85.36 a barrel by 1111 GMT, while U.S. West Texas Intermediate (WTI) crude slipped 44 cents or 0.53% to $81.89.

Asian share markets scaled new highs on Friday as investors sized up U.S. rate cuts for September and the mood was upbea...
05/07/2024

Asian share markets scaled new highs on Friday as investors sized up U.S. rate cuts for September and the mood was upbeat, while the euro hit a three-week peak ahead of French elections.

Sterling was firm at $1.2762 as Britain's Labour Party was set for a landslide poll victory that will sweep it to power after 14 years of Conservative rule. Elsewhere, the dollar was slightly weaker and Treasury yields marginally higher in Tokyo, as trade resumed after the U.S. Independence Day holiday.

Bitcoin price fell sharply to a two-month low on Thursday, breaking past a key support level as uncertainty over several...
04/07/2024

Bitcoin price fell sharply to a two-month low on Thursday, breaking past a key support level as uncertainty over several points of selling pressure, chiefly defunct...

Most Asian currencies weakened slightly on Tuesday as the dollar recovered from recent losses before a barrage of cues o...
02/07/2024

Most Asian currencies weakened slightly on Tuesday as the dollar recovered from recent losses before a barrage of cues on interest rates, while the Japanese yen weakened further into territory last seen 38 years ago.

Regional currencies saw little support even as traders priced in an increased chance of a September interest rate cut by the Federal Reserve. Anticipation of more cues from the Fed and on the U.S. labor market kept appetite for risk-driven assets limited.

Minutes Network is pleased to announce a ground-breaking collaboration that is set to bring 1.2 billion users to Minutes...
26/06/2024

Minutes Network is pleased to announce a ground-breaking collaboration that is set to bring 1.2 billion users to Minutes Network over the next 24 months.

In a strategic move that leverages Minutes Network`s rapid scaling technology with SEW´s AI-driven customer and workforce experience platforms, the extensive SEW base of over 1.2 billion consumers is now in the reachable userbase of Minutes Network.

European stock markets mostly weakened Tuesday, with sentiment hit by the overnight selloff of influential Big Tech stoc...
25/06/2024

European stock markets mostly weakened Tuesday, with sentiment hit by the overnight selloff of influential Big Tech stocks on Wall Street.

At 03:10 ET (07:10 GMT), the DAX index in Germany traded 1.1% lower, the CAC 40 in France fell 0.7%, while the FTSE 100 in the U.K. climbed 0.1%.

U.Today - Bitcoin is finally entering reversal mode, with the price of the first cryptocurrency sliding in above the $65...
21/06/2024

U.Today - Bitcoin is finally entering reversal mode, with the price of the first cryptocurrency sliding in above the $65,000 zone. However, it is still moving below key support levels like the 50 EMA and is currently consolidating at the 100 EMA. The most decisive factor for a recovery would be momentum that is not present at this exact moment.

JOHANNESBURG (Reuters) - South Africa's rand edged lower early on Thursday, as investors turned cautious ahead of newly ...
20/06/2024

JOHANNESBURG (Reuters) - South Africa's rand edged lower early on Thursday, as investors turned cautious ahead of newly re-elected President Cyril Ramaphosa's cabinet appointments under a unity government.

At 0726 GMT, the rand traded at 17.9850 against the dollar, 0.15% weaker than its previous close.

Bitcoin price moved little on Thursday after a volatile session as a forecast from the Federal Reserve of high for longe...
13/06/2024

Bitcoin price moved little on Thursday after a volatile session as a forecast from the Federal Reserve of high for longer interest rates largely overshadowed some signs of cooling near-term inflation.

The world’s biggest cryptocurrency rose 0.4% in the past 24 hours to $67,484.6 by 02:05 ET (06:05 GMT). The token clocked wild swings this week, rising as far as $70,000 before falling sharply.

WASHINGTON (Reuters) - The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic...
12/06/2024

WASHINGTON (Reuters) - The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing.

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