© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Wednesday, as improved risk sentiment weighed on the safe haven despite fresh signs of Chinese economic weakness. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 102.177, paring some
Share: In a reaction to the US executive order banning certain investments in Chinese technology companies, China’s Commerce Ministry showed grave concerns and marked the rights to take measures in retaliation early Thursday in Asia, per Reuters. The news also quotes China Commerce Ministry as saying, “Hopes that the US will respect laws
Crude Oil, WTI, Brent, OPEC+, Federal Reserve, EIA, API, Trend, Double Top – Talking Points Crude oil has been chasing new highs this week as supply cuts kick in OPEC+ production cuts appear to be having the desired effect The Fed may have paused but policy tightness might be with us for a while Recommended
> UK RICS housing survey for July -53 versus -50 estimate UK RICS housing survey for July 2023 Prior month -46 revised 2-48 RICs housing survey for July -53 versus -50 estimate. This is the lowest since April 2009 agreed sales balance -44 versus -36 last month. Lowest since April 2020 near-term rental price balance
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for a 7th week of gains Retail traders are becoming increasingly bearish This offers a signal that WTI may continue higher Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices have rallied nearly 24 percent
Oil Prices, Charts, and Analysis Oil prices re-test multi-month highs EIA crude oil stocks rise, gasoline stocks fall. Recommended by Nick Cawley How to Trade Oil The price of oil continues to press higher despite an unexpected build in EIA crude oil stocks. After last week’s unexpectedly large fall, today’s build should press down on
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© Reuters. A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration By Alexander Marrow (Reuters) -The rouble recovered from more than a 16-month low past 98 to the dollar on Wednesday after the central bank intervened to try and halt the Russian currency’s slide, effectively abandoning its budget
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GBP/USD Price and Analysis GBP/USD held above 1.27 on Wednesday, having regained it The Sterling market reckon rates will rise further, but maybe not much further The sparse UK data calendar gets a lot more crowded into next week Recommended by David Cottle How to Trade GBP/USD The British Pound faces a lack of domestic
