Financial News

Wall Street strategist and ’10 Surprises’ author Byron Wien dies at 90

Wall Street strategist and ’10 Surprises’ author Byron Wien dies at 90

FILE PHOTO: Byron Wien, Vice Chairman of Private Wealth Solutions group, speaks during the Reuters Global Investment 2019 Outlook Summit,…
Kenyan shilling under pressure due to dollar oversupply, seeks structural reforms

Kenyan shilling under pressure due to dollar oversupply, seeks structural reforms

The Kenyan shilling has been under significant stress due to an oversupply of dollars, leading to its devaluation and trading…
Asia FX creeps higer as dollar, yields retreat before econ data storm

Asia FX creeps higer as dollar, yields retreat before econ data storm

  Investing.com— Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before…
Naira hits record low against major currencies despite regulatory efforts

Naira hits record low against major currencies despite regulatory efforts

  The Nigerian Naira continued its downward trend against major currencies, hitting a record low on Monday. Despite the Central…
GBP Strengthens, AUD Lags as US Bond Yields Rise

GBP Strengthens, AUD Lags as US Bond Yields Rise

  The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the…
Argentina market analysts see thin silver lining in Peronist election win

Argentina market analysts see thin silver lining in Peronist election win

Argentina’s presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22,…
US crude stocks down 2.7M barrels, Cushing storage hub sees build — API

US crude stocks down 2.7M barrels, Cushing storage hub sees build — API

  Investing.com — US crude stockpiles possibly fell as much as 2.7 million barrels last week, petroleum trade group API…
Oil drops for third straight session on weak European economic data

Oil drops for third straight session on weak European economic data

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of…
Oil down another 2% on Europe woes, Israel pause on Gaza ground assault

Oil down another 2% on Europe woes, Israel pause on Gaza ground assault

  Investing.com — Investors who rushed into oil thinking it could be a hedge to the Israel-Hamas war are beginning…
Gold’s shine held up by Europe’s woes, as Israel-Hamas war loses some heat

Gold’s shine held up by Europe’s woes, as Israel-Hamas war loses some heat

  Investing.com — Gold prices dipped modestly for a second day in a row, staying not too far from the…
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