Bloomberg Chinese goods in Sea of Red as global rout spreads east (Bloomberg) – The global commodities rout has spread to China, iron ore, coal and soybean futures collapsing, as markets gripped by fears of inflation and that the Beijing authorities continued to try to bring down jaw-dropping prices. , especially in the ferrous...
Read More* Chart: global exchange rates tmsnrt.rs/2RBWI5E TOKYO, May 20 (Reuters) – The dollar rebounded Thursday after three months against European currencies after minutes from the Federal Reserve’s latest policy meeting revealed that it was more about cutting their bond purchase than the investors never thought so. In the Fed minutes, several policymakers said a...
Read More* Chart: World exchange rates in 2020 tmsnrt.rs/2egbfVh * Chart: British pound trade-weighted since the Brexit vote tmsnrt.rs/2hwV9Hv (Price updates, lede redesign) LONDON, May 19 (Reuters) – The pound sterling fell slightly against the dollar rally and hit its lowest level in more than a week against the euro on Wednesday, after data showed...
Read MoreInternational travel requires careful planning of a whole host of things – hotel reservations, packaging, creating the perfect itinerary, booking airline tickets, and more. Another major decision concerns the choice of the best way to transport the foreign currency for a seamless transaction experience abroad. The availability of several options such as cash, credit...
Read MoreBOSTON, May 18, 2021 (GLOBE NEWSWIRE) – First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”) has announced that it has priced a call public savings of an aggregate principal amount of $ 60,000,000 in the amount of 5.00% Notes due 2026 (the “Notes”). The Notes will...
Read MorePound gets closer to a record The dollar under pressure from the mood of risk Markets continue to rebound The euro and pound foreign exchange market flourished this week, the former getting off to a good start as Europe continues to vaccinate and reduce restrictions. Meanwhile, the pound is approaching a three-year high as...
Read MoreFazzaco, an innovative B2B forex platform that connects fintech companies with forex brokers, recently revealed that it has upgraded its application, web and mobile browser platforms, allowing companies to post updates, edit product details, leave feedback and rate partners . The news will strengthen the role of the platform in bringing together financial technology...
Read MoreAccording to MUFG analysts, the US dollar (USD) remains overvalued in global currency markets. Inflation differentials will widen the gap and weaken the currency further if the Fed keeps interest rates close to zero. Norwegian and Swedish currencies are still undervalued and in the best position to win, but Australian and New Zealand currencies...
Read MoreTechnical forecast for the pound sterling: bullish British Pound Rates Weekly Review The second week of May brought more gains for the British Pound against all major currencies, which is now the best performer this month. The “ risk-free ” nature of global stock markets, combined with the decline in commodity prices, allowed the...
Read MoreUSD / MXN Forecast: Bearish The USD / MXN started the week again on a bullish bias as the US dollar regained its buying momentum as inflation fears pushed bond yields up to the upper limits of their post-pandemic range. Stronger-than-expected CPI data was enough to prompt investors to take refuge from inflationary pressures,...
Read MoreSaturday May 15, 2021 / 03:20 PM / by Premium Times’ Abdulkareem Mojeed / Header image credit: NG Journal The CBN decision raised concerns about the devaluation of the currency which has long struggled against a backdrop of declining government revenues and currencies. The Premium Times reports that the naira fell against the U.S....
Read MoreMexico’s central bank on Thursday, as expected, kept interest rates unchanged. Analysts in BBVA’s research department continue to expect Banxico to keep interest rates stable through 2021-2022, contrary to the more hawkish view of financial markets. They claim the central bank has become more concerned about inflation, but doesn’t seem overly concerned Key quotes:...
Read More* Peruvian sol top weekly performer; Chile's peso top loser * MSCI FX index snap six-week winning streak * Mexican, Chilean, Peruvian c.banks leave rates unchanged By Shashank Nayar May 14 (Reuters) - Most Latin American currencies gained on Friday as the dollar calmed and Treasury yields fell after Federal Reserve officials eased fears...
Read MoreBy Alois Vinga The National Merchant Bank of Zimbabwe (NMBZ), a leading financial services provider, urged the authorities to continue implementing efforts to maintain the stability of the prevailing exchange rate in order to support long-term economic growth. . Bank Secretary General Shumirai Pashapa made the remarks during the presentation of the NMBZ trading...
Read More* Graphic: World FX rates tmsnrt.rs/2RBWI5E * Dollar stands tall after strong CPI print * Higher Treasury yields increase dollar's appeal * Traders shift focus on jobless claims and retail sales By Stanley White TOKYO, May 13 (Reuters) - The dollar held gains on Thursday, supported by higher Treasury yields after a bigger-than-expected rise...
Read MoreTipRanks 2 “Strong Buy” shares with a dividend yield of at least 7% Are we seeing signs of danger in the markets? At first glance, this does not appear to be the case. The S&P 500 is just below its all-time high, as is the Dow Jones average. The big tech giants – Amazon,...
Read MoreOutlook for the British Pound: The performance of the pound against commodity currencies has been poor. While GBP / JPY is up over 8% year-to-date, GBP / AUD is up just over 1.7%, GBP / NZD is up less than + 0.2% and the GBP / CAD fell more than -1.75. %. GBP /...
Read MoreThe first mistake brokers make when looking at their churn rate is to view churn rate as a given rather than an opportunity. Forex brokers spend millions to acquire new customers, but customer retention is the defining factor that separates market leaders from their competition. When most online brokers plan to accelerate their growth,...
Read MoreCrude Oil, Colonial Pipeline, EIA Inventory, Covid, India, Rising Wedge – Talking Points Colonial pipeline closure remains question mark for crude oil The big draw in the EIA inventory printing reflects Advances in vaccination in the United States Crude oil near handle 65 in a rising wedge pattern Crude oil appears to be stagnant...
Read More* Chart: World exchange rates in 2020 tmsnrt.rs/2egbfVh * Chart: British pound trade-weighted since the Brexit vote tmsnrt.rs/2hwV9Hv (Updates prices, adds comments, CME data, lock easing and chart) LONDON, May 10 (Reuters) – The pound climbed to $ 1.4158 on Monday, its strongest in more than two months, fueled by a combination of dollar...
Read MoreTOKYO (Reuters) – The dollar fell to a more than two-month low against its major peers on Monday after a disappointing U.S. employment report prompted investors to moderate rate expectations. higher interest, with the focus now on inflation data this week. A US dollar bill is seen in front of the stock chart displayed...
Read More– GBP / EUR is considering rally to 1.16 but gains are slowing– Pending the realization of bullish recovery forecasts in the United Kingdom– Is overtaken by the GBP / USD pair during the fall of the USD, global rally– Probable outperformance of EEC and Asian currencies in the short term Image © Adobe...
Read MoreA growing chorus of economists have argued that the Fed should aim for nominal GDP. Inflation of 2%, which the Fed is targeting at 2% (now on an average basis, but no term for the average has been declared) and real growth of 3%, has been an elusive but desired goal. In nominal terms,...
Read MoreForeign exchange reserves grew by $ 3.913 billion to $ 588.02 billion in the week ended April 30, according to data released by the RBI. During the previous week ended April 23, reserves had increased by $ 1.701 billion to $ 584.107 billion. With the latest gain, the forex kitty posted its fourth straight...
Read Moresummary Dining in the rain: the new symbol of freedom and optimism. Carsten Brzeski gives his take on the global situation as most countries begin to ease lockdown restrictions United States: the race for life Unprecedented stimulus measures have taken U.S. economic activity a touching distance from pre-pandemic levels. Euro zone: the recession is...
Read MoreKansai Nerolac Paints reported a 78.8% jump in stand-alone net profit to Rs 127.80 crore on a 34.7% increase in net sales to Rs 1,321.09 crore in Q4 FY21 compared to Q4 FY20. Profit before tax in Q4 FY21 was Rs 171.25 crore, up 73.9% from Rs 98.45 crore in Q4 FY20. EBIDTA as...
Read More(Corrects Reuters instrument code in paragraph 2) * Brazil's retail sales drops in March, far less than expected * Mexican inflation jumps to highest since December 2017 * U.S. jobs growth slows in April; Dollar falls By Shashank Nayar May 7 (Reuters) - Latin American currencies gained on Friday and were set for large...
Read MoreLONDON (Reuters) – The dollar was stuck around a one-week low on Friday, under pressure from US employment data which should underpin hopes of a strong economic recovery from the pandemic and increase investor risk appetite. FILE PHOTO: The US dollar bills are seen in front of the stock chart displayed in this illustration...
Read MoreNEW YORK (Reuters) – The dollar eased off its high of more than two weeks earlier on Wednesday as US economic data was a little softer than expected and traders awaited a report on key jobs at the end of the week . FILE PHOTO: The US dollar bills are seen in front of...
Read MoreOn Tuesday, Janet Yellen, the newly elected Treasury Secretary and former Fed chief, unexpectedly announced a possible interest rate hike to keep the economy from overheating. Taking into account the strategy of many investors “Sell in May and go”, the main US indices reacted with a sharp drop, but slightly recovered their positions at...
Read MoreThe possibility of removing bank sanctions and unlocking billions of foreign exchange assets in foreign banks is the main reason for the sharp decline in currency prices in recent days.In a press release posted on the website of the Central Bank of Iran, Abdolnasser Hemmati, the boss of the CBI, rejected claims that there...
Read MoreMay 4, 2021 The barometer of the agricultural economy remains solid; producers concerned about possible changes in inheritance tax policy The agricultural economy barometer shows good prospects, but concerns. (Purdue / CME Group Agricultural Economics Barometer / James Mintert)Download the picture WEST LAFAYETTE, Ind. And CHICAGO – The Purdue University / CME Group Agricultural...
Read MoreSINGAPORE: Losses fueled Tuesday after an unexpected slowdown in US manufacturing growth prompted investors to lower bets that a booming US economy could boost the greenback. Data showed shortages of basic materials and transportation depressed the Institute for Supply Management’s manufacturing survey by 4.7 points to 64.7, tipping the dollar from a three-week high...
Read MoreBloomberg Greed, bankers and politics star in denmark negative interest rate debacle (Bloomberg) – The country with the longest history of negative interest rates has just taken an important step that may offer a glimpse of what will happen elsewhere: In Denmark, commercial banks have had to absorb negative rates since their introduction by...
Read MoreBY BUKOLA IDOWU, Lagos As the two-month period of the Central Bank of Nigeria’s (CBN) Naira4Dollar initiative is almost over, analysts and stakeholders in the Nigerian economy say there has not been much improvement. liquidity in foreign currency in the country. The CBN had introduced in March this year the pilot program of the...
Read MoreDisclosure of Risk: Fusion Media accepts no responsibility for any loss or damage resulting from reliance on the information on this website, including data, quotes, graphics, and buy / sell signals. Be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of...
Read MoreGlobal stocks held near record highs on Monday, as investors envisioned a week dominated by major economic data and quarterly earnings from tech giants. We covered various technical perspectives throughout the week, with gold catching our attention on Monday. Despite the choppy price action seen during the second half of April, gold is on...
Read MoreMortgage rates avoided fourth consecutive weekly hike in week ending 29e April. After falling 7 basis points from the previous week, fixed 30-year rates rose 1 basis point to 2.98%. Compared to the same period last year, fixed 30-year rates fell 25 basis points. Fixed 30-year rates were still down 196 basis points since...
Read MoreFundamental US Dollar Forecast: Neutral The decline in the US dollar occurred even as yields on US Treasuries stabilized (if not increased), suggesting that rising inflation expectations – not real US yields – are on the way. origin of this development, which has always been bad for the greenback. The main economic event of...
Read MoreGlobal forex market The dollar weakened 0.27% to 90.61, marking the fourth consecutive week of decline. As a result, the dollar’s year-to-date gains have narrowed to just 0.8% as of April 29, from its peak of 93.30 or 3.2% a month ago. Nonetheless, dollar trade remained volatile during the week, albeit at a modest...
Read MoreConsumer prices in Italy rose in April, according to preliminary estimates by the Istat statistical office on Friday. Consumer prices rose 1.1% per year in April, after rising 0.8% in March. Economists had forecast an increase of 1.0%. Regulated energy products rose 15.7% and prices for unregulated energy rose 6.6%. The cost of transportation-related...
Read More* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E By Ritvik Carvalho and Kevin Buckland LONDON, April 30 (Reuters) – The US dollar slipped into a fourth consecutive weekly decline and its longest weekly streak of losses since last July against a basket of large peers on Friday, as the Federal Reserve stuck to its message extremely...
Read MoreRR Donnelley & Sons Company has released its financial results for the first quarter of 2021. Key messages for the first quarter GAAP net sales, including the impact of a divestiture and foreign exchange rate, decreased 3.6%; Non-GAAP organic net sales decreased 4.3%; both rates of decline improved from the previous three quarters Lower...
Read MoreA day after hitting a new high, the Nasdaq Composite Index fell 48.56 points, or 0.3%, to 14,090.22. The S&P 500 Index fell 0.9 points or less than 0.1% to 4,186.72 from record highs. The Dow Jones Industrial Average barely moved, ending the day at 33,984.93, up 3.36 points or less than 0.1%. For...
Read MoreS&P 500 Price Outlook: S&P 500 forecast: tech profits are released ahead of Fed rate decision The S&P 500 closed trading near record highs on Tuesday, fluctuating around highs set in Monday’s session. While Tesla earnings Monday left something to be desired with some investors, with results acceptable enough to keep risk appetite intact...
Read MoreNew Zealand Dollar, NZD / USD, Copper, Bank of Japan, Japanese Yen – Asia Pacific Market Opening Recommended by Daniel Dubrovniksky How to trade currencies with your stock trading strategy The growth-linked New Zealand dollar has outperformed the US dollar over the past 24 hours, rising alongside the Australian and Canadian dollars. Market sentiment...
Read MoreCanadian dollar talking points USD / CAD is trading at a new monthly low after failing to retrace the decline following the Meeting of the Bank of Canada (BoC), and the March low (1.2365) is on the radar ahead of the Federal Reserve’s interest rate decision as the exchange rate seeks support. USD /...
Read MoreThe rupee has been volatile against other foreign currencies. The Indian rupee could continue to weaken in the absence of strong intervention from the Reserve Bank of India even as the devastating outbreak of a second wave of the pandemic poses strong headwinds to the country’s economic rebound. country. The rupee has been volatile...
Read MoreTurkey’s new central bank governor has defended unexpected currency sales in recent years that are believed to have cost the country more than $ 100 billion in reserves. The lira’s depreciation could have spiraled out of control and borrowing costs would have skyrocketed if the authorities had not intervened last year, Sahap Kavcioglu said...
Read More(Adds strategist quotes and details throughout; updates prices) * Canadian dollar strengthens 0.2% against the greenback * Estimate shows Canadian factory sales up 3.5% in March * Price of U.S. oil settles 1.2% higher * Canada's 10-year yield rises nearly one basis point to 1.523% By Fergal Smith TORONTO, April 23 (Reuters) - The...
Read MoreBloomberg $ 6 trillion world of Family Office fights post-Archegos crackdown (Bloomberg) – Archegos’ implosion poses thousands of secret family offices the biggest privacy challenge in a decade. They won’t give up without a fight.Some lawmakers, regulators and consumer advocates are pushing to expose the inner workings of family offices, which are tightly managed...
Read MoreDuring the previous week ended April 9, the forex kitty had jumped $ 4.344 billion to $ 581.213 billion. Reserves had reached a lifetime high of $ 590.185 billion in the week ended Jan. 29, 2021. MUMBAI: The country’s foreign exchange reserves rose $ 1.193 billion to $ 582.406 billion in the week ended...
Read MoreApril 23, 2021 MOODY’S Investors Service (“Moody’s”) changed the outlook for PNG’s government rating to negative from stable this week. The decision to downgrade the outlook from stable to negative reflects the risks that have marked a weakening of PNG’s fiscal strength and debt position, high borrowing needs increase liquidity risks, notwithstanding the government’s...
Read MoreNEW YORK (Reuters) – The US dollar appreciated against major currencies on Thursday, as positive economic news contrasted with comments from the European Central Bank that eurozone weakness still requires sustaining its pace current bond purchases. FILE PHOTO: The inverted image of United States President George Washington is seen on an engraving plate for...
Read MoreBloomberg How Cyberpunk took CD Projekt from hot stock to Europe’s worst (Bloomberg) – Around the same time last year, CD Projekt SA was among the hottest stocks in Europe, riding the wave of pandemic gaming demand and on track to hit an all-time high ahead of the release of the The studio’s highly...
Read MoreThe headline CPI jumped 2.2% year over year in March, due to the drop in energy prices a year ago Ex-food and energy products remain weak at 0.9%, but the BoC’s preferred core measures have increased slightly Firming underlying price pressure ahead with higher demand As expected, headline CPI growth posted a remarkable 2.2%...
Read MoreThe pound was once upper towards its main opposite numbers in Tuesday’s Eu consultation, as Britain’s unemployment fee fell rapidly between December and February. Information from the Workplace for Nationwide Statistics confirmed the unemployment fee fell to 4.9 p.c in 3 months via February. Economists had forecast that the speed will upward push to...
Read MoreTOKYO (Reuters) – The buck surged to a one-year prime in opposition to the yen on Tuesday amid a surge in Treasuries yields, as accelerating vaccinations and large stimulus in america have stoked inflation fears. FILE PHOTO: A pictorial representation presentations US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS /...
Read MorePhotographer: Andrey Rudakov / Bloomberg Photographer: Andrey Rudakov / Bloomberg Whilst a hovering US Treasury yields have put Force on alternate charges in rising markets, the rally in commodity costs this 12 months would possibly be offering some coverage, in line with Goldman Sachs Team Inc. Rising marketplace currencies depending on commodities nonetheless have...
Read MoreNEW YORK (Reuters) – The USA buck preferred towards maximum main currencies on Friday, as US executive bond yields held with reference to year-on-year highs, whilst currencies greater. Dangers such because the Australian buck have weakened. FILE PHOTO: US buck expenses are noticed in entrance of the inventory chart displayed on this representation taken...
Read MoreUnderstand of Dividend Foreign money Trade Price SA Rand BHP Crew %Registration quantity 3196209Registered in England and WalesProportion code: BHPISIN: GB00BH0P3Z91 Crew Governance 26 February 2021 To: JSE RestrictedLondon Inventory Trade Understand of Dividend Foreign money Trade Price (South African Rand)2021 Meantime Dividend Title of entity BHP Crew % REG NO 3196209 On 16...
Read MoreSpeaking Issues in Canadian Greenbacks USD / CAD rebounds from a brand new year-on-year low (1.2468) after digging a bullish candlestick formation at the outdoor (engulfing), and the trade fee seems to be not off course to check the 50-day SMA (1.2725) as the USA buck appreciates on declining investor self belief. USD /...
Read MoreThe Canadian greenback has exploded. The day before today the USD / CAD used to be in unfastened fall from $ 1.2597 to $ 1.2468, and regarded set to fall additional. It used to be now not the case. A mini “taper tantrum”, paying homage to what came about in mid-2013 when then Federal...
Read MoreUpper rates of interest are completely poisonous to gold and subsequently it kind of feels much more likely that we will be able to finally end up falling under the the most important $ 1,750 degree. Exposure Gold markets have been distractedly hammered all through Thursday’s buying and selling consultation, attaining the $ 1,765...
Read MoreThe board of administrators of Finkurve Monetary Products and services Restricted has determined to obtain 1,46,994 fairness stocks (One Lac forty-six thousand 9 hundred and ninety-four stocks) totaling 16.80% of the whole paid-up percentage capital of M / s. Arvog the Forex market Non-public Restricted (previously referred to as M / s. Supama the...
Read MoreLONDON (Reuters) – The United States greenback liked in opposition to maximum primary currencies on Friday, due to an building up in US bond yields in a single day, whilst dangerous currencies such because the pound, aussie and the kiwi took a decrease hit. FILE PHOTO: US greenback expenses will also be noticed on...
Read MorePRAGUE, February 26 (Reuters) – The Czech koruna recovered some losses in opposition to the euro on Friday, after its greatest two-day decline since October, because the pandemic scenario worsens within the nation and round Europe Central stored currencies underneath power. The Hungarian forint rose reasonably, however used to be on the subject of...
Read More* Chart: Global alternate charges in 2020 tmsnrt.rs/2egbfVh * Chart: British pound trade-weighted for the reason that Brexit vote tmsnrt.rs/2hwV9Hv LONDON, Feb.26 (Reuters) – The pound fell in opposition to a more potent buck on Friday, taking flight from a three-year prime reached previous this week, because the rout in world bond markets despatched...
Read More* Greenback raised through emerging yields * The pound drops to greater than every week * Bitcoin slips 5% * Chart: International trade charges https://tmsnrt.rs/2RBWI5E By means of Ritvik Carvalho LONDON, Feb.26 (Reuters) – On Friday, the United States buck liked in opposition to maximum primary currencies, as US bond yields rose in a...
Read More– GBP / EUR counter contemporary advance– The upward push in EUR / USD is exerting drive– Citi claims to take care of a bullish place in GBP / EUR Symbol © Pound Sterling Reside GBP / EUR spot at e-newsletter: 1.1458 Financial institution switch price (indicative information): 1.1157-1.1237 Specialist charges for cash switch...
Read MoreChange charge forecasts desk: GBP / USD, EUR / GBP Crédit Agricole Pair of kilos sterling Spot alternate charge March 2021 June 2021 Sep 2021 Dec 2021 June 2022 Dec 2022 GBP / USD 1.41 1.36 1.37 1.38 1.39 1.41 1.44 EUR / GBP 0.86 0.88 0.88 0.88 0.88 0.87 0.87 Analysis knowledge on...
Read MoreMarketplace avid gamers as of late This morning we get the fourth quarter GDP main points for Sweden and Denmark. We all know what expansion was once in line with the indicator however now not what motivated it. In Norway, we predict the unemployment charge to stay unchanged at 4.0% in February. In the...
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