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Markets
USD/CHF heading into the low end, aimed at 0.8850
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The USD/CHF is softening its stance heading into the…
U.S. housing starts rise ‘unexpectedly’ for the second straight month
The numbers: Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction increased as builders saw a pressing…
Hedge fund Qube denies making £670mn short bet against HSBC
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.London-based hedge fund Qube Research & Technologies…
Canadian Dollar trying to lock in late-week gains as markets see a risk appetite bid
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The CAD caught a bounce on risk appetite in early Friday…
US aims to speed heat pump manufacturing using Cold War-era law
WASHINGTON (Reuters) - The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool…
US Dollar closes a losing week amid dovish bets on the Fed
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The DXY Index stands at 104.00, seeing losses of around…
Canadian producer prices fall in October due to cheaper crude oil
© Reuters.
OTTAWA - Recent data from Statistics Canada indicates a significant decrease in the prices of Canadian manufactured goods and raw materials in October, primarily…
Oil: Saudi Arabia will extend its production cuts into 2024 if they want prices to remain above $80 – ANZ
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Oil prices are likely to settle around $80/bbl,…
Silver price soars on expectations of Fed’s rate hike pause
NEW YORK - Silver prices soared this week, with an 8.43% increase to $23.87, buoyed by investor speculation that the U.S. Federal Reserve may pause its interest rate hikes.…