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Markets
Pound Sterling weakens to near 1.3150 as US Senate reaches deal to extend government funding
The GBP/USD pair loses traction to near 1.3150, snapping the three-day losing streak during the early Asian session on Monday. The US Dollar (USD) strengthens against the Pound…
XAU/USD edges higher to near $4,050 amid concerns over US economy
Gold price (XAU/USD) trades in positive territory around $4,050 during the early Asian session on Monday. The precious metal edges higher as US private jobs data indicated a weak…
US shutdown end in sight as Democrats agree to funding deal — Bloomberg
The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments…
Impact of government shutdown on economy is worsening
US Treasury Secretary Scott Bessent said on Monday that the US federal shutdown impact getting worse for the economy.Key quotesThe impact of the government shutdownon the economy…
China’s CPI inflation arrives at 0.2% YoY in October vs. 0% expected
China’s Consumer Price Index (CPI) rose 0.2% in October from a year ago after arriving at a fall of 0.3% in September, the National Bureau of Statistics of China reported on…
EU climate rules risk energy security, warn gas suppliers
Stay informed with free updatesSimply sign up to the Climate changemyFT Digest -- delivered directly to your inbox.Cargoes of gas could be diverted from Europe unless Brussels…
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Libya aims to further increase Oil production – Commerzbank
In recent days, there have been reports indicating a further increase in Oil production in Libya, Commerzbank's commodity analyst Carsten Fritsch notes. Libya can expand production…
Gold ETFs continued to attract inflows in October – Commerzbank
Yesterday, the World Gold Council published data on Gold ETFs in October, Commerzbank's commodity analyst Carsten Fritsch notes. Gold ETF holdings reach five-year high in…