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...
Continue ReadingHigh risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for...
Continue ReadingOverview 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...
Continue ReadingThe 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...
Continue Readinghere 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...
Continue ReadingNZD 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...
Continue ReadingGBP/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...
Continue ReadingU.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...
Continue ReadingPresident 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 →...
Continue ReadingFed's Beige Book: Economic Growth Was Modest During July And August...
Continue ReadingAfter 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...
Continue ReadingMexico Jul Unemployment Rate S.a 2.9% Vs. 2.7% In June, Consensus 2.8%...
Continue ReadingCrude 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...
Continue ReadingUK: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...
Continue ReadingBOSTON, 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...
Continue ReadingMastercard 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...
Continue ReadingSpain'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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