December 2024 – Page 31

Bearish bets on EUR/USD attractive again after latest fightback: BofA

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|Date: Tuesday, 10 December 2024
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Bearish bets on EUR/USD attractive again after latest fightback: BofA

"ForEUR/USD, we believe that there is limited upside potential to 1.06 but more room to the downside, as ...

"ForEUR/USD, we believe that there is limited upside potential to 1.06 but more room to the downside, as the pair could fall below 1.05 on the back of new tariff headlines," strategists from Bank of A ...

Tuesday, 10 December 2024
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Sterling hits over two-year high against euro

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|Date: Tuesday, 10 December 2024
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Sterling hits over two-year high against euro

The British pound has reached its highest level against the euro since April 2022, amid expectations that ...

The British pound has reached its highest level against the euro since April 2022, amid expectations that the Bank of England (BOE) will be less aggressive in cutting interest rates compared to the Eu ...

Tuesday, 10 December 2024
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China Everbright Group former chairman jailed 12 years for corruption, bribery

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|Date: Tuesday, 10 December 2024
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China Everbright Group former chairman jailed 12 years for corruption, bribery

BEIJING (Reuters) - China Everbright (OTC:CHFFF) Group's former chairman Tang Shuangning was sentenced to ...

BEIJING (Reuters) - China Everbright (OTC:CHFFF) Group's former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state ...

Tuesday, 10 December 2024
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Oracle's results, TSMC, Ashtead's move – what's moving markets

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|Date: Tuesday, 10 December 2024
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Oracle's results, TSMC, Ashtead's move – what's moving markets

Oracle (NYSE:ORCL) released its fiscal second-quarter results after the close of trading Monday, and its ...

Oracle (NYSE:ORCL) released its fiscal second-quarter results after the close of trading Monday, and its stock is seen trading sharply lower after its numbers fell short of Wall Street estimates despi ...

Tuesday, 10 December 2024
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Brazil's Lula undergoes brain surgery, stable in ICU

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|Date: Tuesday, 10 December 2024
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Brazil's Lula undergoes brain surgery, stable in ICU

The surgery was successful and the 79-year-old Lula is "well" and being monitored in the intensive care u ...

The surgery was successful and the 79-year-old Lula is "well" and being monitored in the intensive care unit, the note said. Doctors will hold a press conference at 9 a.m. local time (1200 GMT) to pro ...

Tuesday, 10 December 2024
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Indonesia president calls for more prudent government spending amid global tensions

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|Date: Tuesday, 10 December 2024
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Indonesia president calls for more prudent government spending amid global tensions

Prabowo, who took office in October, told his ministers and government officials that such tensions are e ...

Prabowo, who took office in October, told his ministers and government officials that such tensions are expected to slow the growth of the world's major economies, without mentioning any country altho ...

Tuesday, 10 December 2024
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German engineering body sees fall in 2025 production, flags risk of job cuts

Posted by invnet
|Date: Tuesday, 10 December 2024
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German engineering body sees fall in 2025 production, flags risk of job cuts

The VDMA said it anticipated production would decline by 8% and 2% in real terms in 2024 and 2025 respect ...

The VDMA said it anticipated production would decline by 8% and 2% in real terms in 2024 and 2025 respectively, unchanged from its previous forecast, as it warned of intensifying competition in China ...

Tuesday, 10 December 2024
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Bank of Korea governor says won unlikely to return to past levels, Yonhap reports

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|Date: Tuesday, 10 December 2024
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Bank of Korea governor says won unlikely to return to past levels, Yonhap reports

It is difficult to say the dollar-won rate has stabilised and the market is in a wait-and-see mood, the r ...

It is difficult to say the dollar-won rate has stabilised and the market is in a wait-and-see mood, the report cited the Bank of Korea Governor Rhee Chang-yong as saying in a meeting with lawmakers. A ...

Tuesday, 10 December 2024
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Exclusive: DWF Labs launches $20 million AI agent fund

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|Date: Tuesday, 10 December 2024
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Exclusive: DWF Labs launches $20 million AI agent fund

The initiative seeks to promote innovation at the intersection of AI and decentralised technologies withi ...

The initiative seeks to promote innovation at the intersection of AI and decentralised technologies within the Web3 ecosystem.The fund is designed to support projects developing AI agent solutions wit ...

Tuesday, 10 December 2024
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Aussie drops after RBA softens tone; US dollar steady before CPI

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|Date: Tuesday, 10 December 2024
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Aussie drops after RBA softens tone; US dollar steady before CPI

(Reuters) -The Australian dollar fell towards a four-month low on Tuesday after the central bank softened ...

(Reuters) -The Australian dollar fell towards a four-month low on Tuesday after the central bank softened its tone on the inflation outlook, raising expectations for an earlier interest rate cut.The U ...

Tuesday, 10 December 2024
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