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Markets
Pound Sterling declines below 1.3450 on Middle East tensions, UK political uncertainty
The GBP/USD pair attracts some sellers to around 1.3420 during the early Asian session on Monday. The US Dollar (USD) edges higher against the Cable amid escalating tensions in the…
No vessels are permitted to cross the Strait of Hormuz – Reuters
Citing a Tehran Times post on X, Reuters reported on Sunday that the Islamic Revolutionary Guard Corps (IRGC) Navy announced via VHF radio that no vessels are permitted to cross…
Transocean stock is even more attractive following the Valaris deal
Transocean’s debt load has declined but the most important piece of news has so far been that of Transocean acquiring Valaris (VAL), its fellow offshore driller, that has been…
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Policy easing signals and resilient currency – Societe Generale
Societe Generale analysts note that Deputy Governor Galia Borja signaled Banxico has room to resume rate cuts, pointing to weak domestic demand, falling investment and a stronger…