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Forex
Crude Oil pops over $70.00 despite markets being bearish
Crude Oil struggles to uphold $70.00 for more than day, with more downside expected.
Traders expect longer sluggish demand as markets reprice Fed rate cut…
Gold extends rally as Middle East conflict rages on
Gold continues its uptrend as the conflict in the Middle East remains unabated.
The changing outlook for global interest rates, however, could put a limit…
Gold price continues to rise from record to record – Commerzbank
The Gold price started the new trading week where it left off the previous week, with a rise to a new record high of currently $2,740 per troy ounce. The 2.4…
Pound Sterling wobbles ahead of BoE Bailey’s speech
The Pound Sterling trades with caution as investors await BoE Bailey’s speech for fresh guidance on interest rates.
Bailey may reiterate a dovish stance on…
A resurgent Trump and higher USD – DBS
US election risks are dominating markets amid a resurgent Trump. The betting odds for a Trump win has shortened markedly over October, and this is propelling…
Spirit Airlines stock soars 53% on debt refinancing extension
Key points
Spirit Airlines stock jumped 53% on Monday.
The catalyst was an extension the company got to refinance its debt.
While the stock is…
EUR/USD remains vulnerable on firm US Dollar, ECB dovish bets
EUR/USD remains inside the woods as the ECB is expected to cut interest rates again in December.
ECB’s Lagarde will provide fresh cues on the interest rate…
FX option expiries for Oct 22 NY cut
FX option expiries for Oct 22 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
EUR/USD: EUR amounts
1.0750 737m
1.0850 1.2b
1.0885 853m…
EUR/USD oscillates in a range above 1.0800, not out of the woods yet
EUR/USD is seen consolidating the overnight fall to its lowest level since early August.
Bets for more interest rate cuts by the ECB undermine the Euro amid…
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 7,392.68 Indian Rupees (INR) per gram, up compared…