Brazilian companies face mounting challenges as rate hikes and currency pressures intensify
Executives in Brazil, Latin America’s largest economy, are grappling with rising interest rates and a depreciating currency, forcing many to…
Gold slips on reduced bets for oversized rate cuts, but Middle East tensions limit losses
Gold prices are in red despite tensions in the Middle East on Tuesday. On Tuesday, Iran fired ballistic missiles toward…
Half of all US voters are for pro-crypto policies; 12% would switch parties for favorable candidates, survey says
As the 2024 election looms, cryptocurrency regulation has become a pivotal issue for American voters, particularly among younger generations. According…
US private payrolls surge by 143,000 in September, surpassing expectations
In September, private payrolls in the US saw a significant boost, adding 143,000 jobs and exceeding economists’ expectations of 120,000.…
Mexico’s fixed investment up 6.4%, driven by machinery and housing growth
Mexico’s economic recovery gained momentum in July, with gross fixed investment surging by 6.4%, according to the National Institute of…
Brazilian real strengthens to 6-week high on improved fiscal management and economic data
The Brazilian real strengthened against the US dollar on Monday, reaching 5.42 per USD, its highest level in six weeks.…
Safe-haven dollar firms as war widens in Middle East
By Tom Westbrook SYDNEY (Reuters) -The dollar held onto its sharpest gains in a week on Wednesday after an Iranian…
Dollar benefits from safe-haven status amid Middle East turmoil
Investing.com – The U.S. dollar rose Wednesday, with the safe haven adding to the previous session’s sharp gains as an…
HSBC lowers EUR-AUD trade target, stop-loss
HSBC Global Research has adjusted its position on the EUR-AUD currency pair, setting a lower target and stop-loss levels for…
Bank of England says global asset prices remain ‘stretched’
By David Milliken and Suban Abdulla LONDON, Oct 2 (Reuters) – Global asset prices remain stretched and are vulnerable to…