Bitcoin (BTC), Ethereum (ETH) Weekly Forecast: Potential Short-Term Bounce Ahead
Bitcoin and Ethereum eyeing a recovery despite the FTX fallout still weighing on sentiment.
Gold (XAU/USD) Solidifies Around Key Zone of Technical Support
Gold prices have returned to a zone of technical support and resistance around the key psychological handle of $1,750. Can bulls drive XAU higher or will bears step in?
German Consumer Sentiment Stabilizes with Help of Energy Measures GfK
BERLIN, Nov 25 Reuters German consumer sentiment is set to barely change in December as government energy measures help stabilize morale at a level that is just above a record low set two months earlier and still signals declining consumption, a GfK institute survey showed on Friday. The institute said its consumer sentiment index rose […]
LIC Hopes to Mirror Last Years 4.9 Billion Profit from Equity Sales Chairman
Nov 24 Reuters Life Insurance Corp. of India LIC hopes to book profit of around 400 billion rupees 4.90 billion from selling stocks it holds in 202223, the staterun firm39;s chairman told Reuters, mirroring the profit made last year as market conditions remain volatile. India39;s benchmark Nifty 50 has risen 6.51 so far this year as of […]
IKEA Stores Owner Ingkas Annual Operating Profit Rises 9
STOCKHOLM, Nov 25 Reuters Ingka Group, the owner of most IKEA stores, reported on Friday a 9 rise in annual operating profit, as price increases helped it offset higher input costs as well as compensate for costs incurred to wind down in Russia. The world39;s biggest furniture retailer said operating profit in the 12 months […]
SSE to Sell Stake in Transmission Network Business
Nov 25 Reuters British power generator and network operator SSE said on Friday it had reached an agreement to sell a 25 stake in its power transmission network business to Ontario Teachers39; Pension Plan Board for 1.47 billion pounds 1.78 billion. The business, SSEN Transmission which operates under its licensed entity Scottish Hydro Electric Transmission plc, […]
Streamlining processes and workflow to enhance scalability
ZA Bank has achieved better control of its daily practices and made significant efficiency gains by implementing Bloomberg TOMS and its best-in-class market data.
US Dollar Technical Forecast: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has put in a sizable pullback already from the September high and EUR/USD bulls are showing potential for further recovery.
Oil Up as Markets Weigh China Demand Concerns, Russia Price Cap Uncertainty
SINGAPORE, Nov 25 Reuters Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures rose by 41 cents, or 0.48, to trade at 85.75 a barrel at 0730 GMT. U.S. West Texas […]
U.S. Yields Sink with USD on Dovish Fed Bets; HK Shares Dip
TOKYO, Nov 25 Reuters U.S. longterm Treasury yields sank to a more than sevenweek trough on Friday while the dollar dropped back toward recent lows against major peers as markets continued to digest dovish signals from the Federal Reserve. Expectations of a less aggressive pace of U.S. monetary tightening from as soon as next month […]