SYDNEY, Oct 16 Reuters Chinese autonomous driving firm Horizon Robotics is aiming to raise up to 696 million in a Hong Kong initial public offering, as the city39;s listings market shows signs of renewed activity after a nearly twoyear slump. The company will sell 1.36 billion shares in a price range of HK3.73 to HK3.99 […]

AUD debts hit YTD record near A270 bln Pandemic refinancing drives sales; demand strong Bankers see slowdown into US election SYDNEY, Oct 16 Reuters Australian dollar debt sales, running at the fastest clip on record, are starting to hit the brakes as capital markets hunker down for the U.S. election, according to bankers in Sydney. […]

MUMBAI, Oct 16 Reuters Global fund managers increased their allocation to China at India39;s expense after Asia39;s largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities. Last Saturday, China pledged to significantly increase debt to revive its sputtering economy. China39;s central bank in September announced the most aggressive monetary support measures since the pandemic. […]

MUMBAI, Oct 16 Reuters The Indian rupee fell marginally on Wednesday, despite the rise in regional peers and lower crude oil prices, as dollar demand from foreign banks and importers weighed on the currency. The rupee was at 84.05 against the U.S. dollar as of 1130 a.m. IST, against its close at 84.0375 in the […]

EURUSD was little changed today, traded at 1.0890 amid bearish sentiments, kept falling since last September. Economic sentiments in EZ improved in October by 20.1, stronger than before and the industrial production grew by 1.8 in August MoM after the contraction in July, thats not bad for EUR bulls. ECBs President Lagarde will deliver speech […]

Oct 15 Reuters Indian shares closed lower on Tuesday, with auto shares leading losses due to expectations of delayed domestic rate cuts while metals declined tracking a fall in global prices. The Nifty 50 index fell 0.28 to 25,057.35 points as of 330 p.m. IST, while the SP BSE Sensex dropped 0.2 to 81,820.12. The prospect that a domestic […]

Fresh alltime high for gold likely by yearend, analyst says Platinum market to be undersupplied in 2025 UBS Oct 15 Reuters Gold prices held steady on Tuesday as the U.S. dollar remained near twomonth highs, with markets caught between profittaking and prospects for further rate cuts by the Federal Reserve. Spot gold was steady at […]

LONDON, Oct 15 Reuters The British pound edged higher against the dollar and the euro on Tuesday after mixed labour market data, which should clear the way for the Bank of England to lower interest rates next month but proceed at a measured pace. British pay grew at its slowest rate in more than two […]

JOHANNESBURG, Oct 15 Reuters South Africa39;s rand softened early on Tuesday ahead of the release of the South African Chamber of Commerce and Industry39;s SACCI September Business Confidence Index and the South African Reserve Bank39;s SARB biannual Monetary Policy Review. At 0644 GMT, the rand traded at 17.6350 against the dollar , about 0.2 weaker […]

EURUSD Pressure continued EURUSD that fell today to 1.0891, the lowest in two months. It is correct that ECB is likely to cut the rates on Thursday rate decision, however such a decision was already priced in and the traders must focus on the monetary policy forward guidance. Industrial production economic sentiment index from EZ […]