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Latest drop in oil prices may have more legs to run

Latest drop in oil prices may have more legs to run

Geopolitics provided a bit of a boost to oil prices in recent months but it is a factor that always fades eventually. It's no different this time around. And with growing worries surrounding global growth, that is putting added pressure to the outlook for the oil...

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A slower start for major currencies so far today

A slower start for major currencies so far today

The ranges for the day are still relatively narrow for the most part, with USD/JPY again holding the largest one. That said, even the range there is just a little over 60 pips with the pair continuing to gyrate in and around the 145.00 mark.The dollar did threaten a...

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Reminder: There is no ADP roulette on the agenda today

Reminder: There is no ADP roulette on the agenda today

It is a Wednesday on a non-farm payrolls week. And that typically means we should observe the US ADP roulette. However, not this week at least. Monday featured a US holiday so the timeline for data releases are pushed back a little. That will see the ADP employment...

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Risk stays on the defensive after the selloff yesterday

Risk stays on the defensive after the selloff yesterday

It looks like the bump higher during month-end last week was just that. Equities are starting to feel nervous again, with concerns surrounding Nvidia and tech resurfacing. It was brushed aside briefly after the earnings last week but added worries about global growth...

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ForexLive Asia-Pacific FX news wrap: Australian GDP miss

ForexLive Asia-Pacific FX news wrap: Australian GDP miss

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Australian Q2 2024 GDP +0.2% q/q (expected +0.3%)

Australian Q2 2024 GDP +0.2% q/q (expected +0.3%)

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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[9월, 정부 지원금!! 취약계층 최대 45만원!! 전국민 20만원 할인!! 전국 3만원+3만원!! ]#3.1경제독립tv

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