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Gulf gets a boost from healing of Saudi-Qatar rift

DUBAI (Reuters) - A resolution to Qatar’s three-year-old dispute with Saudi Arabia and three other Arab countries will benefit Qatar and its global airline, and advantages could ripple through the whole region as it recovers from lower oil prices and the coronavirus crisis. Saudi Arabia, Egypt, the

First Majestic Looking To Outperform In 2021

First Majestic Silver (symbol: $AG) is one of the purest Silver miners in the market. It’s one of the best primary silver producers with healthy balance sheet and ample cash flow. This year, one of the most prominent mining and billionaire investors Eric Sprott has invested C$ 78 million to get a 2.

Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment

The UK has issued stay at home orders for citizens as it goes into a lockdown which is expected to last until mid-February. The UK has seen more than 50000 cases a day for 7 straight days which has prompted these new restrictions. The Sterling fell about 150 pips overnight from close to 1.37. The Ge

AUD/USD Price Analysis: Fades recovery moves around 0.7700

AUD/USD trims early-Asian gains, steps back from 21-bar SMA. Bearish MACD, double top around 0.7740/45 favor sellers. Two-week-old rising trend line, short-term horizontal area restricts immediate downside. AUD/USD witnesses a pullback from 0.7710, currently up 0.37% intraday around 0.7693, during e

Fed's Mester says monetary policy will remain accommodative for 'quite some time'

Cleveland Fed President Loretta Mester said on Monday that the US economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to pull back its support. Key comments ''Monetary policy will need to

UK Manufacturing Growth At 3-Year High

The UK manufacturing activity grew at the fastest pace in three years in December, final survey results from IHS Markit showed Monday. The Chartered Institute of Procurement & Supply/IHS Markit factory Purchasing Managers' Index advanced to a 37-month high of 57.5 from 55.6 in November. The scor

Gold Price Analysis: XAU/USD eyes $1,947 ahead of critical Georgia elections – Confluence Detector

Gold has kicked off 2021 with a surge after President Donald Trump finally signed the $900 billion stimulus package in the last days of 2021. Will the precious metal receive another money-printing boost? That heavily depends on Democrats winning Georgia's runoff elections on Tuesday. That would enab

China says opposes U.S. politicizing trade issues on U.S. delisting of Chinese telcos

BEIJING (Reuters) - China said on Monday it firmly opposes the United States government’s behaviour of politicizing trade issues after the New York Stock Exchange began delisting three Chinese telecom firms that Washington says have military ties. Beijing will adopt the necessary measures to safegua

Kontrak Berjangka S&P 500 Cetak Pelemahan Ringan Karena Masalah Virus dan Ketegangan AS-Tiongkok Halangi Pembeli Dekati Rekor Puncak

Kontrak berjangka S&P 500 surut dari level tertinggi sepanjang masa sambil mempertahankan 3.700.Pemerintah Jepang mempertimbangkan keadaan darurat, AS-Tiongkok saling adu atas penghapusan NYSE.Diskusi cek AS dan angka aktivitas awal bulan menjadi fokus. Setelah memperbarui level tertin

Wall Street inches higher, dollar gains as tumultuous year nears finish line

NEW YORK (Reuters) -The S&P 500 reversed course and turned positive on Thursday and the dollar advanced as investors prepared to close the book on a turbulent year of pandemic, recession and recovery. The Dow joined the S&P in the green but the Nasdaq remained in negative territory, and were

REVIEW - FIBO CFD Broker

Photo: Google Image Overview Fibo Group is a very credible trader and prides itself in being among the first to incorporate internet trading to its services. The company was founded in the year 1998 and in its two decades of existence it has carved out a niche for itself in being a top forex player.

FOREX-BONDS-Dollar in the dumps as 2020 ends, another bumper bond year

* Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E LONDON, Dec 31 (Reuters) - The dollar was set to end 2020 around 2-1/2 year lows on Thursday, allowing currencies from the euro to Chinese yuan to strengthen, while holiday-thinned euro zone bond yields were mostly steady after dropping 30-100 basi

Asian shares set to finish 2020 at record high, riskier currencies in favor

HONG KONG/NEW YORK (Reuters) -Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies. MSCI’s gauge of Asia-Pacific shares excluding Japan rose

Genesis Ceases Support for XRP Trading, Custody and Loans

Photo: Reuters XRP continued its plunge on Wednesday and gave up all of its early gains as more exchanges and partners are distancing themselves from the fourth-largest crypto asset by market capitalization. Genesis, a New York-based cryptocurrency trading and lending platform, has joined the growin

European stocks end lower as risk rally winds down

(Reuters) -European stocks ended a five-day winning streak on Wednesday as investors locked in recent gains, although positive vaccine and Brexit trends pointed to a stronger 2021 for regional markets. Slideshow ( 2 images )The pan-European STOXX 600 edged 0.3% lower, still staying close to a 10-mon

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