World Bank warns of potential global oil crisis due to Middle East tensions
Most indices have moved higher over the past two sessions, putting a possible low for now, but uncertainty prevails ahead of the Fed decision tonight.
China factory activity unexpectedly shrinks in Oct, dents recovery momentum
According to a Bloomberg report, Japanese Prime Minister Kishida is readying a 21.8 trillion Yen stimulus package, a move that may see the currency weaken further
French GDP growth slows, inflation eases
Market consensus is heavily skewed towards rates remaining unchanged but the consequences of aggressive rate hikes emerge via spending, housing and economic data
Sri Lanka's consumer prices falls 0.2% m/m in October - statistics dept
9:00am Trade (1 HR) EURUSD:Buy 1.06071 tp 1.06187Sell 1.05917 tp 1.05799 GBPUSD:Buy 1.21832 tp 1.21945Sell 1.21711 tp 1.21603 USDJPY:Buy 150.497 tp 150.720Sell 150.280 tp 150.041 USDCAD:Buy 1.38505 tp 1.38714Sell 1.38259
Oil prices attempted a recovery today and was up around 2%. The 100-day MA is proving a stumbling block at present but can it inpsire another bullish run?
Morgan Stanley, UBS lead in oil and gas, power sector M&A advising