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Pound Sterling weakens even as UK inflation rises more than expected
The Pound Sterling (GBP) underperforms its major peers on Wednesday after the United Kingdom's (UK) Office for National Statistics (ONS) reported that inflation grew at a…
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GBP/JPY keeps the red post-UK CPI, holds above 212.00
The GBP/JPY cross extends the previous day's late pullback from the vicinity of mid-213.00s and trades with a negative bias on Wednesday, snapping a two-day winning streak. Spot…
Indonesia revokes mining and plantation permits after deadly floods
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indonesia has revoked the permits of 28 resources…
Will Intel stock keep soaring as Q4 earnings approach?
Even though Intel (INTC) was once the world’s largest semiconductor company, the chip giant is on the cusp of an improbable turnaround.Notably, Wall Street’s tone has flipped from…
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XAG/USD wobbles near all-time highs around $96 ahead of Trump’s speech
Silver price (XAG/USD) turns sideways near the all-time high of 95.90 during the early European session on Wednesday. The white metal consolidates as investors await speech from…
Sees more downside below 1.3800 amid US-EU tensions
The USD/CAD pair trades in a tight range around 1.3835 during the late Asian trading session on Wednesday, but is close to its over-a-week low of 1.3815. The Loonie pair…
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