How diversity can be a competitive advantage on your fixed income desk
The Global Financial Markets have so much to offer in terms of growth and expansion as firms aspire to be the best of the best.
Silver Price Forecast: Pullback Dictated by US Real Yields – Levels for XAG/USD
Silver prices have abruptly reversed.
EUR/USD Deep Dive: When Will Euro Sellers Pose a Sustained Break Below Parity?
EUR/USD hit parity more than a month ago. Since then, prices has held above the big figure, even as sellers have swatted down every bullish flare that’s showed up since.
Oil Slips to SixMonth Low as Recession Fears Weigh
API report shows crude, fuel stocks fell last week sources EU, U.S. studying Iran39;s response to nuclear proposal Coming up EIA supply report, 1430 GMT LONDON, Aug 17 Reuters Oil hit a sixmonth low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a […]
USD/CAD Technical Outlook: Higher Levels Appear Likely in Near-term
USD/CAD is trying to come out of a descending wedge after tagging the 200-day; levels and lines to watch in the days ahead.
Swiss Chocolate Maker Lindt Quits Russia
ZURICH, Aug 16 Reuters Swiss chocolate maker Lindt Spruengli has decided to exit the Russian market because of the invasion of Ukraine, the company said on Tuesday. The company, famous for its Lindor chocolate balls and golden foilwrapped Easter rabbits, had decided in March to close its shops and suspend deliveries to Russia temporarily. Following its […]
Indonesia July Trade Surplus Seen Narrowing amid Slowing Global Trade
July exports seen 29.73 yy, vs June39;s 40.68 July imports seen 37.30 yy, vs June39;s 21.98 July trade surplus f39;cast at 3.93 billion, vs June39;s 5.09 bln Trade data due at 0400 GMT on Monday, Aug 15 JAKARTA, Aug 12 Reuters Indonesia39;s trade surplus may have narrowed to 3.93 billion last month due to weakening […]
China Unexpectedly Cuts Key Rates as Data Disappoints
Key indicators slowed from June, missed forecasts Youth unemployment touched record high in July Property investment, sales fall, home price decline deepens PBOC cuts key rates to revive credit demand BEIJINGSHANGHAI, Aug 15 Reuters China39;s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy […]
China Unexpectedly Cuts 2 Key Rates, Withdraws Cash from Banking System
SHANGHAI, Aug 15 Reuters China39;s central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVIDhit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy […]
Thai GDP Notches Fastest Growth in Year on Eased COVID Curbs
Q2 GDP 2.5 yy vs 3.1 in Reuters poll Q2 GDP 0.7 qq sa vs 0.9 in poll Revises 2022 GDP growth outlook to 2.73.2 from 2.53.5 Economists expect further interest rate hikes later this year BANGKOK, Aug 15 Reuters Thailand39;s economy expanded at the fastest pace in a year in the second quarter as […]