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Oil News: Middle East Tensions Lift Crude Prices, U.S. Inventory Build Cap Gains

Middle East tensions push crude prices higher, but rising U.S. inventories cap further gains. Can OPEC's spare capacity keep oil markets stable amid conflict?

Thu, 03 Oct 2024 05:47:10 -0400

CAC 40 (France) Elliott Wave technical analysis [Video]

CAC 40 (France) Elliott Wave Analysis Tradinglounge - Day Chart

Thu, 03 Oct 2024 05:43:37 -0400

Turkish CPI Inflation Drops to 49.4% in September

Turkish CPI inflation declines to 49.4% y/y in September Full Story via EmergingMarketWatch PiQ Suite Prices rise by 3% m/m, showing underlying pressures Education costs surge due to a spike in tertiary fees Housing costs climb, driven by 7.6% increase in rents ading base effects challenge CBT reaching the inflation target This article was written by Ryan Paisey at www.forexlive.com.

Thu, 03 Oct 2024 05:38:52 -0400

Japan's Kato wants to watch forex market with a sense of urgency including speculative moves

Japan's Finance Minister Katsunobu Kato on Thursday that he “wants to watch forex market with a sense of urgency including speculative moves.”

Thu, 03 Oct 2024 05:18:52 -0400

Eurozone PPI rises 0.6% mom in August, energy prices drive monthly increase

Eurozone PPI rose by 0.6% mom in August, exceeding expectations of 0.3% mom. On a year-over-year basis, however, PPI fell by -2.3% yoy, slightly better than the anticipated -2.4% yoy decline.

Thu, 03 Oct 2024 05:10:40 -0400

France 10-y Bond Auction: 2.92% vs previous 2.95%

France 10-y Bond Auction: 2.92% vs previous 2.95%

Thu, 03 Oct 2024 05:07:10 -0400

Spain 3-y Bond Auction: 2.277% vs previous 2.531%

Spain 3-y Bond Auction: 2.277% vs previous 2.531%

Thu, 03 Oct 2024 05:06:37 -0400

BoE DMP Survey: UK firms' inflation expectations decline to 2.6% in September quarter

The latest Bank of England (BoE) Decision Maker Panel (DMP) survey showed on Thursday that “one-year ahead expected CPI inflation by the UK firms dropped by another 0.1 percentage points to 2.6% in the quarter to September.”

Thu, 03 Oct 2024 05:06:01 -0400

Long positions pile on Chinese yuan, Asian FX bulls maintain momentum

Bullish bets on the Chinese yuan strengthened after a bazooka of stimulus measures led to global investors reallocating funds to Asia's largest economy, while long positions in most other emerging Asian currencies were largely steady, a Reuters poll showed on Thursday.

Thu, 03 Oct 2024 05:05:36 -0400

Eurozone Producer Price Index (YoY) came in at -2.3%, above expectations (-2.4%) in August

Eurozone Producer Price Index (YoY) came in at -2.3%, above expectations (-2.4%) in August

Thu, 03 Oct 2024 05:00:31 -0400

Eurozone Producer Price Index (MoM) above expectations (0.3%) in August: Actual (0.6%)

Eurozone Producer Price Index (MoM) above expectations (0.3%) in August: Actual (0.6%)

Thu, 03 Oct 2024 05:00:31 -0400

Eurozone August PPI +0.6% vs +0.3% m/m expected

Eurozone PPI M/M 0.6% vs 0.3% expected and 0.8% prior. Eurozone PPI Y/Y -2.3% vs -2.4% expected and -2.1% prior.

Thu, 03 Oct 2024 05:00:05 -0400

Spain 5-y Bond Auction declined to 2.378% from previous 2.58%

Spain 5-y Bond Auction declined to 2.378% from previous 2.58%

Thu, 03 Oct 2024 04:57:04 -0400

UK PMI services finalized at 52.4, optimism remains amid cooling inflation

UK PMI Services was finalized at 52.4 in September, down from August's 53.7, while PMI Composite declined to 52.6 from 53.8. Despite the slight slowdown, the UK economy remains in positive territory, supported by improving order books and easing inflationary pressures.

Thu, 03 Oct 2024 04:48:37 -0400

United Kingdom S&P Global/CIPS Services PMI came in at 52.4, below expectations (52.8) in September

United Kingdom S&P Global/CIPS Services PMI came in at 52.4, below expectations (52.8) in September

Thu, 03 Oct 2024 04:30:46 -0400

United Kingdom S&P Global/CIPS Composite PMI came in at 52.6, below expectations (52.9) in September

United Kingdom S&P Global/CIPS Composite PMI came in at 52.6, below expectations (52.9) in September

Thu, 03 Oct 2024 04:30:14 -0400

UK September final services PMI 52.4 vs 52.8 prelim

Final Services PMI 52.4 vs. 52.8 expected and 53.7 prior.

Thu, 03 Oct 2024 04:30:03 -0400

Eurozone PMI composite finalized at 49.6, all big three economies in contraction

Eurozone PMI Services was finalized at 51.4 in September, down from August's 52.9. PMI Composite fell to 49.6 from 51.0, both hitting 7-month lows.

Thu, 03 Oct 2024 04:15:04 -0400

Eurozone HCOB Composite PMI above forecasts (48.9) in September: Actual (49.6)

Eurozone HCOB Composite PMI above forecasts (48.9) in September: Actual (49.6)

Thu, 03 Oct 2024 04:00:36 -0400

Eurozone HCOB Services PMI came in at 51.4, above expectations (50.5) in September

Eurozone HCOB Services PMI came in at 51.4, above expectations (50.5) in September

Thu, 03 Oct 2024 04:00:35 -0400

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