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Oil Slumps more than 4 after Iran Downplays Israeli Strikes

Brent, WTI down more than 3bbl in early trade Israel hits Iran military facilities, no oil disruption Iran says Israel39;s attack caused only limited damage SINGAPORE, Oct 28 Reuters Oil prices tumbled more than 3 a barrel on Monday after Israel39;s retaliatory strike on Iran over the weekend bypassed Tehran39;s oil and nuclear facilities and did not […]
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Yen Slumps as Japans Election Clouds Rate Rise Prospects

Dollaryen hits 153.88 Dollar index eyes largest monthly rise since 2022 AUD, NZD touch 212 month lows SINGAPORE, Oct 28 Reuters The yen sank to a threemonth low on Monday as investors figured the loss of a parliamentary majority for Japan39;s ruling coalition in weekend elections would slow interest rate rises, while the U.S. dollar […]
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Gold Slips as Dollar Firms; Market Looks to US Data

Gold in good shape to make push towards 2,800 analyst Dollar index eyes largest monthly rise since April 2022 U.S. employment report, PCE data due this week China JanSept gold consumption slides 11 Oct 28 Reuters Gold prices fell on Monday as the U.S. dollar held firm, while investors awaited U.S. economic data for fresh […]
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Expert Technical Fundamental Insights 28.10.2024

  EURUSD After falling by 0.28 in a week, EURUSD started a new trading week weaker at 1.0787, threemonth low. As the US economic data kept improving, showed the resilience of the US economy, the demand for USD remained intact while EZ economy has not yet fully improved, mainly in Germany, EZs biggest economy. The […]
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South African Rand Flat; MidTerm Budget Weeks Highlight

JOHANNESBURG, Oct 28 Reuters South Africa39;s rand was little changed in early trade on Monday, with Wednesday39;s midterm budget the main focal point for investors this week. At 0720 GMT the rand traded at 17.67 against the U.S. dollar , not far from its previous close of 17.6725. The dollar was also broadly flat against […]
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London Stocks Climb, Energy Shares Keep Gains in Check

Trainline jumps on raising annual forecast All eyes on Oct 30 budget FTSE 100 up 0.2, FTSE 250 adds 0.4 Oct 28 Reuters The UK39;s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainline jumped following a guidance upgrade, but remained under some selling pressure from energy shares tracking […]
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GBP on Track for Biggest Monthly Fall since Sept 2023 vs USD

Oct 28 Reuters The pound was on track for its biggest monthly fall since September 2023 against the dollar while being roughly unchanged versus the euro with markets focused on major central banks39; monetary easing paths. Bank of England officials showed last week a more cautious approach to policy easing, with Governor Bailey arguing inflation […]
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