Swedish Central Bank Rate Cut and More to Come August 20, 2024 The Executive Board of the Swedish Riksbank cut their policy interest rate by 25 basis points for the second time since March and released a statement that points to somewhat greater easing over the rest of 2024. Officials proclaim in it that “the…
USDThe greenback continued its slide to start the week, with the broad dollar giving up almost 0.5% despite a light domestic data calendar. That said, these selloffs leave the greenback looking cheap to us. We favour fading any dollar slides, with the buck likely to retrace higher in the coming days. Markets continue to price…
By Aditya Kalra NEW DELHI (Reuters) -India’s antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney (NYSE:) media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday. It is the biggest setback so far to the planned Disney-Reliance…
Crude Oil – 20.08.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Scotland’s drug deaths remain the worst in Europe, as ministers pledged to intensify efforts to deal with the problem after a “hugely concerning” 12% increase in fatalities last year. The health secretary, Neil Gray, said the Scottish government was also “working hard to respond to the growing threat from highly dangerous, super-strong synthetic opioids like…
Mixed Central Banking Signals August 20, 2024 The Executive Board of the Swedish Riksbank cut their policy interest rate by 25 basis points for the second time since March and released a statement that points to somewhat greater easing over the rest of 2024. Officials proclaim in it that “the policy rate can be cut…
The US dollar has fallen to its lowest levels of the year, losing more than 2.3% from its August peak and around 4% since early July as expectations of a Fed rate cut in September began to be priced in. The dollar index has retreated to 101.7, reflecting growing expectations of Fed easing. Although the…
🔥🔥🔥🔥EA Trades 20.8.2024🔥🔥🔥🔥 Source link
By The Ino.com Team Since the start of 2024, aerospace giant The Boeing Company (BA) has faced a turbulent ride, with its stock plummeting over 30%. The decline was primarily triggered by heightened regulatory scrutiny following a severe safety incident involving one of its planes earlier this year. Boeing has been working hard to enhance…
Advanced Micro Devices (AMD) made headlines, driving a strong US equities rally during afternoon trading. The chip maker’s stock price surged following ZT Systems acquisition, a move that significantly strengthens AMD’s AI capabilities. This positive news contributed to maintaining last week’s bullish trend amid optimistic economic indicators. The broader market reflected this optimism, with the…