Markets
© Reuters. FILE PHOTO: Passengers walk at Benito Juarez International airport after the Federal Aviation Administration (FAA) said on Thursday it has upgraded Mexico’s air safety rating, a move that will allow Mexican carriers to expand U.S. routes and add new servi By Gabriel Araujo SAO PAULO (Reuters) – LATAM…
The precious metals market saw a mix of trends today, with prices in India decreasing, while futures showed a slight increase. The Multi Commodity Exchange of India (MCX) reported a drop in spot gold to ₹61,208 per ten grams and an uptick in to ₹61,084 per ten grams. In contrast,…
LONDON – The Euro dipped below the crucial 1.0800 mark against the Dollar today, as a shift towards safer assets was triggered by Moody’s (NYSE:) downgrade of China’s credit rating. This event has heightened risk aversion among traders, leading to the Euro’s decline against the Dollar for the fifth consecutive…
Source: PexelsTaiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election. According to a report from Taiwan-based media outlet BlockTempo, the country’s authorities have sent subpoenaes to several influencers and individuals within the crypto community.Polymarket allows users to place…
Oil futures fell on Friday, but finished off the session’s lows to eke out a gain for the week — the first for U.S. and global benchmark crude prices in eight weeks. Attacks on ships traveling through the Red Sea, blamed on Yemen’s Houthi rebels, raised the potential for disruptions…
© Reuters. The Reserve Bank of India (RBI) has announced the final redemption price for the first tranche of Sovereign Gold Bonds (SGBs) 2015-I series at Rs 6,132 per unit, effective on November 30. This comes as a significant update for investors who had initially purchased the bonds at Rs…
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s grains trade is largely “paralyzed” by a lack of soybeans due to drought and farmers holding onto produce, anticipating a devaluation of the peso under President-elect Javier Milei, the head of the main export chamber told Reuters. The comments were the first…
By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) – Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on interest rate cuts from the U.S. Federal Reserve increase, a Reuters poll found. A fall in the U.S. dollar last month…
Source: Adobe StockBitcoin (BTC) chart analysis suggests the price has formed a key short-term technical pattern that could be a harbinger of extreme volatility ahead, with quick dump to $38,000 or pump towards $48,000 possible depending on how the pattern is broken.Amid its consolidating back from the year-to-date highs near…
The Dow Jones Industrial Average turned lower Friday afternoon, but major U.S. equity indexes were still heading for a seventh straight week in the green in the wake of the Federal Reserve’s policy meeting. The S&P 500 is on track for its longest weekly winning streak since November 2017, according…