By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – Several high-profile energy traders have in recent weeks quit oil majors for trading houses, multiple sources told Reuters on Thursday, as…
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all…
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A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when…
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Analysis-Chile copper miner Codelco struggles to lift output off 25-year low hit in 2023
By Fabian Cambero SANTIAGO (Reuters) – Copper output at Chile state mining giant Codelco is still slumping after hitting a 25-year low last year, squeezing an already tight global market…
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Investing.com – The U.S. dollar slipped lower in early European trade Thursday ahead of a key inflation report later in the session, while strong growth data has boosted sterling. At…
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UBS expressed a positive outlook on the British pound, citing recent comments by the UK’s new Chancellor, Rachel Reeves, about the government’s growth agenda. Reeves emphasized the limited scope for…
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UBS maintained its longer-term target for the EUR/USD exchange rate at 1.0500, following the French parliamentary elections. The bank noted the underperformance of the far-right National Rally (RN) and the…
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UBS updated its forecast for the New Zealand dollar (NZD), anticipating underperformance against its G10 counterparts, including the US dollar. This revision follows a previous warning issued on May 30…
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(Reuters) – Foreign investors made hefty investments in Japanese stocks in the week ended July 5, driven by a market rally and optimism over the outlook for solid corporate earnings…
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By John Biju (Reuters) – Short positions on most Asian currencies eased, as rising expectations of at least two rate cuts by the U.S. Federal Reserve this year and an…