USD/JPY: FOCUS NOW SHIFTS TO 140.00 – UOB
Further upside momentum could lift USD/JPY to the 140.00 region in the next weeks, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. KEY QUOTES 24-hour view: “While…
Eurozone trade balance the highlight in Europe today
Major currencies are seeing little change with the dollar mostly steady, as all eyes turn towards the US retail sales data later today. Equities and bond yields are also observing light changes,…
WTI Crude Oil Forecast: Threatening 200-Day EMA
The West Texas Intermediate Crude Oil market went back and forth on Wednesday as we continue to see a lot of noisy behavior in general. The 200-day EMA is an indicator that a lot of…
The Ministry of Industry and Trade will resume programs to support demand for cars in the amount of 20.7 billion rubles.
Moscow. the 14 th of July. INTERFAX.RU – The Ministry of Industry and Trade of Russia resumes the implementation in 2022 of programs to stimulate demand for Russian-made cars with a total budget…
FX option expiries for 14 July 10am New York cut
Just a couple to take note of, as highlighted in bold. The first being for USD/JPY at 139.00 as we see buyers look to push for a larger breakout towards the…
MTS acquired Bronevik hotel booking service
Moscow. July 13. INTERFAX.RU – MTS has become the owner of the Bronevik.com online hotel booking service, according to SPARK-Interfax data . According to these data, on July 11, a 100% subsidiary of MTS…
Avito acquires 67% of used car ad aggregator Haraba
Moscow. July 13. INTERFAX.RU – The Avito ad service became the owner of 67% of the used car ad aggregator Haraba, follows from the Unified State Register of Legal Entities. The deal…
The pound failed to take advantage of positive data
The dynamics of the pound is still predetermined by the movements of the dollar, the vector of which will be set by US inflation data today. Their publication is expected at…
Due to inflation in the US and Europe began to eat less chocolate
Rising prices reduce consumers’ cravings for chocolate. In response, manufacturers sometimes reduce the weight of the final product. Shoppers are cutting back on chocolate due to a cost-of-living crisis in Europe…
USD/ZAR: South African Rand Fell to Long Term Lows Yesterday
As of this morning the USD/ZAR is trading near the 16.97000 mark in relatively consolidated action as financial houses try to find equilibrium after yesterday’s encounter with long term highs. Tuesday’s…