A weekend report that Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) and foreign oil companies to resume oil production from the Kurdish region’s oilfields within three days. Via a statement from Iraqi oil minister Hayan Abdel-Ghani. Iraq has reached an understanding with Turkey in relation to resumption of northern oil
© Reuters. Investing.com– Most Asian currencies advanced on Friday, while the dollar eased further as traders bet that the Federal Reserve was done with its interest rate hikes, although anticipation of key nonfarm payrolls data kept gains in check. Regional trading volumes were also somewhat muted on account of a Japanese market holiday. Rate-sensitive, risk-heavy
© Reuters Investing.com– Most Asian currencies strengthened on Thursday, while the dollar fell sharply after mixed signals from the Federal Reserve ramped up bets that the central bank will not raise interest rates further. The was among the best performers for the day, surging 0.7% and blazing past weaker-than-expected . Markets were growing increasingly confident
© Reuters. FILE PHOTO: U.S. Deputy Treasury Secretary Wally Adeyemo speaks at the Royal United Services Institute in London, Britain, October 27, 2023. REUTERS/Hannah McKay/File Photo By Elizabeth Howcroft and Andrew MacAskill LONDON (Reuters) -The United States on Friday said some firms in the digital asset space were not doing enough to stop the flow
© Reuters. Investing.com– Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in Treasury yields before a closely-watched address by Federal Reserve Chair Jerome Powell. Sentiment remained frail amid little signs of deescalation in the Israel-Hamas war, which kept traders wary of risk-driven assets. This was
US Dollar, Crude Oil, Treasury Yields, EUR/USD, AUD/USD, China GDP, Gold – Talking Points Euro rally is testing resistance while the Bank of Japan steps into the bond market China GDP was a solid beat, lifting AUD, supported by a hawkish RBA If the US Dollar regains the ascendency, will EUR/USD resume its downtrend? Recommended
Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking Points The gold price appears comfortable above US$ going into Wednesday’s trading session Treasury yields are after making new highs again but gold appears unfazed by it The US Dollar has been choppy despite global uncertainty. Will XAU/USD remain bid? Recommended by
Nothing in these is a game changer. Headlines via Reuters: Members agreed it was important to check whether wage hikes will continue next year and onward a few members said chance of firms continuing to raise wages next year was high one member said there was strong chance corporate wage, price-setting behaviour will be sustained
© Reuters. FILE PHOTO: Currency dealers work in front of electronic boards showing the Korean Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul, South Korea, March 16, 2023. SEOUL (Reuters) – South Korea said on Tuesday it