Sterling stabilises after Tuesday’s strong gains, fueled by above-forecast U.K. purchasing-manager surveys, Bank of England signals that it isn’t in a rush to cut rates, and a weaker dollar. The currency’s performance reflects heightened market attention to central bank signals …
24th April 2024 Japanese rubber futures on the Osaka Exchange (OSE) for October delivery experienced a downturn, falling by 5.1 yen or 1.65% to 304.2 yen ($1.97) per kg as of 0208 GMT. Similarly, the rubber contract for September delivery …
The dollar index, which tracks the U.S. currency against a basket of six major peers including the euro, sterling, and yen, held steady at 105.64 in early Asian trading, following a decrease of 0.4% overnight. This movement came after the …
Today in the agricultural commodities market, Chicago wheat recorded a drop on Wednesday, marking its first decline in five sessions. This pullback came after the grain hit a two-month peak in the prior session, demonstrating a slight correction after its …
In today’s trading session, gold continued its recent decline, dropping 1% to reach $2,300. Earlier in the month, the precious metal approached the $2,400 level but did not maintain it at the close of the day. This decline appears tied …
Malaysian palm oil futures saw a significant increase for the second consecutive session on Tuesday, with the benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange climbing by 66 ringgit, or 1.67%, to 4,010 ringgit ($839.61) …
ICYMI: Market summary for today, 23 April 2024 As the financial markets gear up for the release of the U.S. Personal Consumption and Expenditure series this Friday, the EUR/USD pair remains steady. With the pair approaching a 5-month low, traders …
As fears of an escalation in the Middle East subside, investors are shifting away from safe-haven assets, resulting in a boost to global equities. The MSCI global stock index (EURONEXT:IACWI) saw an increase of 6.01 points or 0.81%, reaching 749.29. …
Geopolitical Concerns Drive Oil Price Increase in Asian Trading Oil prices witnessed an increase in Asian trading on Tuesday, reflecting a reversal from the downturn observed in the previous session. This change underscores the market’s ongoing vigilance concerning geopolitical developments …
On Monday, the FTSE 100 increased by 1.1%, and the FTSE 250 saw a rise of 0.8%, reflecting a positive shift in investor sentiment after last week’s downturn. This uptick marks the most significant monthly gain for both indexes, highlighting …
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