Italy HCOB Services PMI came in at 52.9, above forecasts (51.5) in January | FXStreet

CME Group and CF Benchmarks will launch four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR and Sui on 2 June.  The move expands their suite of benchmarks to cover over 96% of the investible cryptocurrency market. The new indices, which are not tied to tradable futures products, aim to provide transparent,…

2024.12.10 2024.12.10 Gold Poised to Face Challenging Times. Forecast as of 10.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the sell-offs in November, XAUUSD bulls remain optimistic, still hoping to see the gold price at $3,000 per ounce. However, they acknowledge that the near future may present challenges for the precious metal. Let’s discuss this topic and make a…

De-dollarization has become one of the defining economic trends of 2025. For decades, the U.S. dollar dominated global trade, finance, and reserves. But as emerging economies strengthen and geopolitical tensions rise, nations are pursuing greater monetary independence. The growing shift away from the U.S. dollar signals not just a change in payment preferences but a…

ING’s Chris Turner highlights that UK rate markets have seen one of the largest repricings from the energy shock, reflecting high UK inflation and a relatively hawkish Bank of England. While not constructive on Sterling overall, ING sees scope for the current EUR/GBP correction to extend toward the 0.8600/0.8615 area, which is expected to provide…

The Israel Defense Forces (IDF), the country’s military, said in its social media post on X on Sunday that Iran continued to launch missiles toward the territory of the State of Israel. “Defense systems are operating to intercept the threat,” the IDF added, while warning citizens to enter protective spaces. This comes after Iran’s Revolutionary Guard Corps (IRGC)…