Expert Technical Fundamental Insights 04.11.2024

EURUSD EURUSD resumed the trading on Monday after USD index fell by 0.60, EURUSD gained traded at 1.0900, the highest in two weeks. The annual inflation in EZ increased by 2 in October, higher than September of 1.7, however it is unlikely to change ECB forward guidance. In the meantime, EURUSD is still up by […]
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Pound Set for Worst Weekly Losses since 2018 on Budget Jolt

LONDON, Nov 1 Reuters The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of weekly losses in nearly six years, as political and monetary uncertainty has prompted investors to favour the dollar lately. UK finance minister Rachel Reeves this week delivered her first budget since the Labour party came […]
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TSX Rises on Consumer and Energy Boost; Set for Weekly Fall

Nov 1 Reuters Canada39;s main stock index rose on Friday, led by consumer discretionary and energy shares, rebounding from a selloff in the previous session as markets inch closer to next week39;s U.S. election. The Toronto Stock Exchange39;s SPTSX composite index was up 139.83 points, or 0.58, at 24,296.7. However, the index was set to log […]
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Hong Kong Curbs Disclosures of Confidential Information before Deals

HONG KONG, Nov 1 Reuters Hong Kong39;s securities regulator finalised its guidelines on confidential information communications ahead of share placements and large securities transactions known as block trades after collecting industry feedback. The new rules, which will become effective on May 2, 2025, detail the procedures by which brokers disclose confidential information to investors to […]
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China to Revise Law for Tighter Scrutiny of Govt Debt

BEIJING, Nov 1 Reuters China aims to step up supervision of government debt and plans to revise the law to do so, a spokesperson of the legislative affairs committee of the National People39;s Congress NPC said on Friday. The changes proposed by the NPC39;s standing committee will require annual progress reports on debt management work […]
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Gold Prices Edge Higher ahead of US Payrolls Data

Gold hit record high of 2,790.15 on Thursday U.S. nonfarm payrolls data due at 1230 GMT US Q3 labour costs growth smallest in more than 3 years Nov 1 Reuters Gold prices ticked up on Friday and headed for a slight weekly gain, while investors braced for the U.S. payrolls data that could provide further […]
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