Dollar Set for Third Weekly Gain, Trump Trade Gathers Pace

Dollar steady on US economic resilience, euro sags Chinese yuan eyes further stimulus details Bitcoin gains on 39;Trump trade39; SINGAPORELONDON, Oct 18 Reuters The dollar headed for its third weekly gain in a row on Friday, helped by a dovish European Central Bank and strong U.S. data that is pushing out expectations for how fast […]
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Investors Buy, then Bide Time on China

Nearly 13 of Asia fund managers are buyers BofA survey Fiscal stimulus seen as trigger for further gains Tech sector preferred SINGAPORELONDON, Oct 18 Reuters Global investors are buying China and betting last month39;s rally has legs, but few are willing to go large until there are far more concrete signs that the economy and […]
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Expert Technical Fundamental Insights 18.10.2024

EURUSD As highly expected , ECB cut the rates by 0.25 on Thursday, this decision was unanimous according to ECB President Lagarde. Interest rate in EZ is at 3.25 , the lowest since May 2023. ECB clarified that the monetary policy would remain datadependent. EURUSD traded slightly higher today at 1.0841, not far from the […]
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South African Rand Firms, Inflation Print next Week

JOHANNESBURG, Oct 18 Reuters South Africa39;s rand firmed in early trade on Friday, paring some losses from Thursday, ahead of a domestic inflation reading next week which could provide clues on the central bank39;s rate cutting path. At 0630 GMT, the rand traded at 17.60 against the dollar , about 0.4 stronger than its previous close. The […]
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Supply chain intelligence: CSDDD unpacked

In this Supply Chain Intelligence conversation, Matthew Ekroth, Head of EMEA Corporate Data Strategy at Bloomberg, speaks with Gareth Thomas, Director at GoodCorporation, who leads leads the company’s work in anti-corruption, integrity compliance, ESG and data protection running projects in the pharmaceutical, media & publishing, IT, financial, FMCG and extractives sectors.
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Supply chain intelligence: Critical traceability

In this Supply Chain Intelligence conversation, Matthew Ekroth, Head of EMEA Corporate Data Strategy at Bloomberg, speaks with Bernd Schäfer, CEO and Managing Director of EIT RawMaterials, a key actor in the space whose overarching mandate is to support securing the supply of critical raw materials to the European industry by driving innovation along the […]
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Sterling Drifts near TwoMonth Lows Versus Dollar

Oct 17 Reuters The pound drifted near twomonth lows against the U.S. dollar on Thursday, after sliding a day earlier when a tame inflation report boosted Bank of England rate cut bets. Sterling was last down 0.1 at 1.29815 after breaching the key 1.30 mark on Wednesday when data showed British inflation dropped to the lowest since […]
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