News & Analytic Centre

Expert Technical Fundamental Insights 18.11.2024

EURUSD What happened to EURUSD in the last week? Last week was the second consecutive week of loss in EURUSD that traded unchanged today at 1.0541, oneyear low. EUR weakness was a mix of weak fundamentals, political instability from Germany and USD strength after USD index increased to 106.65, the highest in a year. ECBs […]
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USD Rises vs JPY on BOJ Caution, while EUR SellOff Pauses

BOJ governor flags gradual hikes but vague on timing Dollar holds near oneyear high as yields support Euro steadies, with eyes on Trump39;s Treasury pick SYDNEYLONDON, Nov 18 Reuters The dollar climbed against the yen on Monday after Japan39;s top central banker flagged further monetary policy tightening ahead but left open the question of timing, […]
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Europe Shares Struggle ahead of Speeches from ECB Policymakers

Melrose climbs after results Eyes on Nvidia earnings Lagarde set to speak Nov 18 Reuters European shares dipped on Monday following a string of weekly losses, weighed down by real estate and technology stocks, while investors awaited speeches from European Central Bank policymakers to gauge the path of interest rates. The continentwide STOXX 600 index dropped […]
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Oil Nudges Higher after RussiaUkraine Tensions Escalate

SINGAPORE, Nov 18 Reuters Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world39;s secondlargest consumer, and forecasts of a global oil surplus weighed on markets. Brent crude futures gained 18 cents, or 0.3, to 71.22 a barrel by 0713 […]
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Strong US Data Feeds Doubts about Fed December Rate Cut

Strong data may slow policy path Investors trim odds for a December cut Fed39;s Goolsbee sees 125 bps of rate cuts through 2025 Several Fed policymakers lean into slower ratecut pace WASHINGTON, Reuters Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest […]
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Ant Groups Quarterly Profit nearly Triples

SHANGHAI, Nov 15 Reuters China39;s Ant Group reported a 192.9 rise in net profit to 7.59 billion yuan 1.05 billion in the three months to March 31, according to Reuters calculations based on Alibaba Group Holdings39; earnings released on Friday. The ecommerce giant reports profit from Ant one quarter in arrears. The near tripling of Ant […]
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