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Monday, November 4, 2024

European Markets Wrap-Up | Dollar stays pinned down alongside yields ahead of US trading

Dollar stays pinned down alongside yields ahead of US trading

After a bit of a lackluster start to the session in Europe, we're starting to see things pick up again now nearing US trading. The dollar opened with a gap lower with focus on the US election tomorrow... 

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OPEC secretary general Al Ghais: We are very positive on demand

There are some challenges but the picture is not as negative as some make it to be The world economy is doing well We are very positive on demand both in the short and long-term Peak demand is not goi... 

China are reportedly reviewing a bill to raise local government debt ceilings

The move here is to largely deal with "hidden debt" or what is intricately known as debt arising from local government financing vehicles (LGFV). These are off-balance sheet debt that are incurred by... 

Crude Oil Technical Analysis – Positive gap on OPEC+ production hike delay

Fundamental Overview Crude oil opened the day with a positive gap today following the weekend news of OPEC+ delaying the December production hike. In the big picture, central bank easing generally lea... 

Xlence Sets New Standard in Online Trading

With its recent launch, Xlence is quickly positioning itself as a promising option in the online trading world. This new platform emphasizes transparency, education, and accessibility, aiming to make... 

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Latest Forex Orders

FX option expiries for 4 November 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.0900 level. The figure level isn't one that holds any technical significance but the expir... 

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