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Rupee Slips to Record Low, Pressured by Slide in Local Equities
MUMBAI, Nov. 4 — The Indian rupee fell to an all-time low on Monday, reaching 84.11 against the U.S. dollar, surpassing its previous record...
EURNZD Price Update: Bullish Breakthrough and Forecast for November 1, 2024
The EURNZD currency pair has successfully resumed its bullish momentum, breaking through the resistance level at 1.8150. This move confirms a shift towards a...
EURNZD Exhibits Positive Momentum – Forecast for October 28, 2024
The EURNZD currency pair has shown renewed bullish momentum, with recent price movements indicating an upward trend. Following a rally in the stochastic indicator...
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Stocks Waver on US Election Risks, Yen Advances: Markets Wrap
Global equities are facing a cautious tone as investors grapple with growing concerns around the U.S. presidential...
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Brent Oil Price Forecast Update: October 24, 2024
Brent crude oil prices are demonstrating a bullish trend as they move closer to the anticipated target...
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EURJPY Forecast: Gains Followed by Potential Setbacks
The EURJPY pair experienced a strong bullish performance yesterday, reaching the 165.00 level before quickly retracting below...
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UK consumer spending softens, job ads fall in past week
British consumers' spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings...
Analysis: High energy prices could sink U.S. stocks during earnings season
Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even...
The fall in US bond yields strengthens the international appeal of gold
Gold prices rose on Wednesday as US Treasury yields retreated and the dollar strengthened its appeal amid growing recession fears.As of 10:31, the international...
Fed policy needs to be more ‘muscular’ to battle high inflation -Bostic
Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank's 0.75 percentage point interest-rate hike this week, adding...
EU, India relaunch talks for free trade agreement
The European Union and India on Friday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end...
Indonesia looks to plug shortage of chicken supplies in Singapore
Indonesian authorities hope to reach an agreement with Singapore to start exporting chickens within weeks, officials said, as the city-state scrambles to find alternative...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Asia shares turn lower, no dodging recession risks
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S. Federal Reserve...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...