FX Traders Brace for Wild Moves after US Election

Euro, peso volatility hits highest since 2016 US election Oneweek, onemonth volatility spikes across the board Price action to pick up as results emerge LONDON, Nov 5 Reuters Currency traders rushed to hedge against big overnight price movements that might ensue as the results of the 2024 U.S. election trickle out, pushing options volatility for […]
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Expert Technical Fundamental Insights 05.11.2024

EURUSD Manufacturing PMI numbers improved in EZ Germany in October, however the numbers remained below 50 which means that the contraction persisted, only Spain PMI was higher than 50, at 54.5 in October. In the meantime, investor sentiment in EZ slightly improved in November, EURUSD was little changed today, trading at 1.0876, waiting for a […]
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Most Gulf Markets in Red on Regional Tensions

Nov 4 Reuters Most stock markets in the Gulf ended lower on Monday after a report suggesting Iran might be preparing a retaliatory strike on Israel unnerved investors. The United States has warned Iran against launching another attack on Israel, adding Washington will not be able to restrain Israel if it attacks again, Axios reported […]
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Energy Stocks Boost London Shares

FTSE 100 up 0.7, FTSE 250 up 0.5 British PMI data due Tuesday Burberry jumps on report of Moncler considering bid Nov 4 Reuters London39;s main stock indexes rose on Monday, powered by energy stocks, while all eyes are on the U.S. presidential election and a potential rate cut by the Bank of England BoE […]
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TSX Rises on Energy Strength; all Eyes on US Election

Nov 4 Reuters Canada39;s main stock index rose on Monday as energy shares gained, while the market focused on the U.S. presidential election and the Federal Reserve39;s policy decision later this week. The SPTSX composite index was up 82.17 points, or 0.34, at 24,337.33, set to extend its winning streak from Friday. Energy shares led with a […]
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