Quick Look: Gazprom faces its first net loss since 1999 due to
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of
Quick Look: AUD/USD resistance at 0.65, support at 0.64, with fluctuations influenced by economic indicators and Federal Reserve policies. Traders remain cautious, eyeing upcoming US economic data releases; sentiment leans towards modest gains with potential slow declines. Focus on
Quick Look: The NZD/USD current rate is 0.6000 amid bearish trends, weakening domestic indicators, and strong US data. Reserve Bank of New Zealand hints at a possible rate cut 2024 due to declining inflation expectations. Technical analysis shows NZD/USD
Quick Look: CAD/USD saw swings from 1.3721 to 1.3761, closing lower at 1.3728, influenced by US economic data and oil price changes. WTI crude oil rose to $77.44, boosting the CAD, while gold’s climb to $2311.03 signalled increased market
Quick Look: BoE has decided to keep the interest rate unchanged at 5.25%. 7 out of 9 members supported the decision. GBP/USD saw fluctuations, trading between 1.2600 and 1.2500, with a slightly bearish market sentiment. The BoE signals caution
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of reduced pricing power. Gazprom seeks
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment contrasts traditional industries, signalling a
Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India threaten sugarcane yields. The New
Quick Look: Russia shipped wheat, corn, cows, and fuel to North Korea. North Korea and Russia increased agricultural and fishing collaboration through recent visits. U.S. corn planting slowed, with 36% planted, lagging behind the 39% average. China remains North
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of reduced pricing power. Gazprom seeks new revenue from gas processing products amid changing global market
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of reduced pricing power. Gazprom seeks new revenue from gas processing products amid changing global
Quick Look: Key sectors like property and infrastructure, crucial consumers of steel, show reduced demand. Coal Prices rose 8% in three weeks, influenced by domestic factors and thin inventories. China’s robust solar energy deployment contrasts traditional industries, signalling a shift. The Chinese steel industry, a bellwether for global
Quick Look: NY’s Sugar and London’s White Sugar contracts saw similar rises by about 2.40%. India’s production fell 1.6%, while Brazil’s output rose 31.0% year-on-year. Record temperatures in Thailand and variable monsoons in India threaten sugarcane yields. The New York World Sugar, under contract SBN24, observed an uplift
Quick Look: Russia shipped wheat, corn, cows, and fuel to North Korea. North Korea and Russia increased agricultural and fishing collaboration through recent visits. U.S. corn planting slowed, with 36% planted, lagging behind the 39% average. China remains North Korea’s top partner, with evolving imports and exports. Russian
In its fiscal second quarter spanning January to March 2024, StoneX Group, which owns GAIN Capital, reported a notable 30 percent surge in its forex and contracts for differences (CFDs) revenue, reaching $80.3 million.