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Pound Sterling tumbles as soft UK Inflation data prompt BoE rate-cut prospects
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Pound Sterling drops sharply as UK headline inflation…
2024 Financial Market Outlook by Octa By Investing.com Studios
In 2023, we have seen global central banks struggle with inflation. Following interest rate hikes by central banks worldwide, global inflation has fallen from around 10% in the…
Gold futures fall toward ‘critical support point’ of $2,000 an ounce after inflation report
Gold prices fell close to the key support at $2,000 an ounce on Tuesday, touching their lowest intraday level of the year as a stronger-than-expected U.S. inflation…
EU scales back ambitions for post-Brexit clearing land grab
EU plans to funnel derivatives trades through its own markets are unlikely to wrest a significant slice of the lucrative clearing business away from the City of London after a…
Eurozone GDP confirms the first estimate of 0% QoQ in Q4
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The Eurozone economy stalled, on a quarterly basis, in the…
Gold prices break below $2,000 support as hot CPI brews rate fears
© Reuters.
Investing.com-- Gold prices fell below a key support level in Asian trade on Wednesday after a hotter-than-expected inflation reading for January spurred more…
Bullish bets on Nvidia, other ‘Magnificent Seven’ members near their most crowded levels in the past year
Bets on risky bullish options tied to members of the “Magnificent Seven” and other market-leading technology stocks are nearing their most crowded levels in the…
Permian Basin deal wave heralds new phase in shale oil revolution
The shale revolution that began about 15 years ago saw a proliferation of thousands of small-time drillers turn the global energy order on its head and restored the US to the…
It is the BoJ, not the MOF, that holds the key to sustainable JPY stabilization – Commerzbank
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The US Dollar strength pushes the USD/JPY above 150.00.…
China, US-led global refill of depleted oil stocks seen buoying demand
© Reuters. A model of petrol pump and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
By Natalie…