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Oil Prices Forecast: US Strategic Reserve Refill Plans Lift WTI and Brent Crude

Slight Follow-Through Rally Crude oil prices are higher early Monday, responding to the U.S.’s initiative to replenish its strategic reserves, offsetting concerns about surplus supply and subdued demand forecasts for...

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China’s Politburo says will maintain prudent monetary policy next year

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for...

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Hang Seng Index, ASX 200, Nikkei 225: Service PMIs, Inflation, and the RBA in Focus

Overview of the Monday Session Fed Chair Powell’s dovish speech from Friday set the tone for the Monday Asian session. Rising bets on a Q1 2024 Fed rate cut supported...

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XRP News: Programmatic Sales, the SEC’s Appeal Risk, and the Coinbase Case

The Thursday Overview On Thursday, XRP gained 1.67%. Following a 5.60% rally on Wednesday, XRP ended the day at $0.6213. No News is Good News The crypto news wires were quieter...

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Will the Fed stay the course?

here yesterday, it is not that much different from two months ago. So, what does that tell us?Essentially, it means that traders are still roughly convinced by the...

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*Greece Sep Unemployment Rate 10.0% Vs. 10.6% In August

Greece Sep Unemployment Rate 10.0% Vs. 10.6% In August...

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New Zealand dairy prices rise at fourth straight auction

NZD got a lift at the start of the week on the election and the latest dairy numbers should helped to improve terms of trade. The...

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Sterling holds lower ahead of the BOE later today

GBP/USD is down 0.4% to 1.2300 on the day while EUR/GBP is up 0.3% to 0.8665 at the moment. The former is down to its lowest levels since...

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More Time For Patients, Less Time On Paperwork: How U.S. Bank Is Simplifying Finances For Healthcare Providers

U.S. Bancorp USB launched a new cross-business initiative to serve small-to-midsize healthcare practices with up to $25 million in annual revenue.While banks have traditionally focused their healthcare services on hospitals and large...

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Biden Speculates China’s Economic Woes May Deter Taiwan Invasion: ‘Probably Doesn’t Have The Same Capacity As … Before’

President Joe Biden shed light on the potential repercussions of China’s economic downturn on its geopolitical strategies, notably concerning Taiwan. What Happened: The remarks were made during his visit to Vietnam on Friday, which followed the G-20 leaders summit held... Continue Reading →...

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*Fed’s Beige Book: Economic Growth Was Modest During July And August

Fed's Beige Book: Economic Growth Was Modest During July And August...

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U.S. Factory Orders Show Significant Pullback In July

After reporting a sharp increase in new orders for U.S. manufactured goods, the Commerce Department released a report on Tuesday showing a significant pullback in factory orders in the...

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*Yen Slides To 4-day Low Of 87.13 Against NZ Dollar

Yen Slides To 4-day Low Of 87.13 Against NZ Dollar...

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*Mexico Jul Unemployment Rate S.a 2.9% Vs. 2.7% In June, Consensus 2.8%

Mexico Jul Unemployment Rate S.a 2.9% Vs. 2.7% In June, Consensus 2.8%...

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Oil Futures Settle Higher After Data Shows Large Drop In Crude Stockpile

Crude oil prices climbed higher on Wednesday after data showed a big drop in U.S. crude inventories in the week ended August 25. The dollar's continued weakness, and the...

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GBPJPY Technical Analysis – The bias is starting to turn more bearish

UK:The BoE hiked by 25 bps as expected. The central bank seems to be leaning more on the less hawkish side as a key line in the statement was tweaked to indicate the propensity for a “higher for longer” stance rather than keeping with additional rate hikes. Recent key economic data like the latest employment report showed even more wage growth despite the unemployment rate ticking higher again, and the UK CPI beat expectations pointing to stagflation. The UK PMIs missed expectations across...

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Tango Therapeutics Announces Updates to Its Board of Directors

BOSTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Tango Therapeutics, Inc. TNGX, a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced changes...

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*Norway Jul Retail Sales Down 1.4% Y/Y Vs. -1.3% In June

Norway Jul Retail Sales Down 1.4% Y/Y Vs. -1.3% In June...

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Binance Card Holders Brace for Impact as Mastercard and Visa Reassess Ties

Mastercard Inc MA and Visa Inc V are reevaluating their ties with Binance Holdings as the latter navigates regulatory headwinds across multiple jurisdictions.Previously enthusiastic about collaborating with Binance, a renowned cryptocurrency platform, these payment behemoths have begun...

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Spain Tourist Arrivals Rise 10.9% In June

Spain's visitor arrivals increased at a slower pace at the end of the second quarter, data from the statistical office INE showed on Wednesday. Tourist arrivals climbed 10.9 percent...

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