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Oil Stabilises as Investors Watch for Red Sea Developments

LONDON, Dec 27 Reuters Oil prices stabilised on Wednesday after the previous day39;s strong gains as investors monitored Red Sea developments, with some major shippers resuming passage through the trade route despite continued attacks and broader Middle East tensions. Brent crude futures was down 17 cents, or 0.21, at 80.90 a barrel by 0940 GMT. […]
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South African Rand Firms in Thin Trade

JOHANNESBURG, Dec 27 Reuters South Africa39;s rand firmed in thin trade on Wednesday, ahead of the last economic data releases of the year later this week. At 1003 GMT, the rand traded at 18.5075 against the dollar , about 0.8 stronger than its previous close. We expect the local currency to remain fairly rangebound until […]
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Sterling Steady but Set for 5 Rally in 2023

LONDON, Dec 27 Reuters The pound was little changed in subdued trading on Wednesday but remained on track to be one of the best performing currencies in 2023. Sterling was last down 0.06 at 1.2716, off a fourmonth high of 1.279 touched earlier in December. It was also slightly lower against the euro , with […]
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U.K.s High Retail Sales, Canadas Economy Zero Growth

Previous Trading Days Events 22 Dec 2023 The Canadian economy stalls as the growth rate remained unchanged in October against the forecast of a 0.2 monthovermonth rise. The economy is stuttering under the impact of the Bank of Canadas BoC 10 rate hikes between March 2022 and July, which took the benchmark interest rate to […]
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U.S. Stocks Continue The Uptrend, Gold Tests the Highs

Previous Trading Days Events 26 Dec 2023 Winners vs Losers Gold is still on top for this week with 0.66 gains. AUDUSD remains the top performer for this month with 3.42 gains.  News Reports Monitor Previous Trading Day 26 Dec 2023 Server Time Timezone EEST UTC 0200 Midnight Night Session Asian Japans jobless rate remained […]
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