Author: FX
Australia’s Optus CEO apologises for emergency line outage, refuses to stand down Source link
UBS said that while no formal trade or cooperation agreement emerged from the latest U.S./China discussions, the tone of the talks was positive enough to support market sentiment. The bank described the outcome as a “modestly positive” result for global investors, suggesting it could sustain recent rallies in both U.S. and Chinese equities.UBS analysts noted that markets had braced for potential friction between the world’s two largest economies, but the absence of any escalation, coupled with signs of constructive dialogue, may be enough to reassure investors. “A modestly positive outcome on this U.S./China risk catalyst may be sufficient for global…
Nidec Q1 FY2025 slides: Operating profit rises despite sales decline, unveils 'Conversion 2027' plan Source link
OPEC+ raised output by 137,000 barrels per day, which is the same pace as last month.This round of output hikes kicks in for December but the group is clearly worried about winter oversupply as they agreed to pause hikes for Q1, 2026. That should lend some support to crude oil Monday, as it wasn’t expected.WTI crude oil finished Friday at $60.98/barrel. Source link
Israeli strike kills one in Gaza as sides trade blame for truce violations Source link
Pentagon chief visits Vietnam amid prolonged arms supply talks Source link
Sun: US clocks change (LDN-NY gap reverts to 5hrs); OPEC-8 Meeting. Australian Final PMIs (Oct)Mon: Japan Culture Day Holiday; Swiss CPI (Oct), EZ, UK & US Final Manufacturing PMI (Oct), US ISM Manufacturing PMI (Oct), Construction Spending (Sep)Tue: RBA Announcement & SoMP, French Assembly Budget (PLF/Revenue) Vote; Canadian Trade Balance (Sep), New Zealand Unemployment (Q3)Wed: US Supreme Court tariff hearing, Riksbank Announcement, BCB Announcement; German Industrial Orders (Sep), EZ, UK & US Composite & Services Final PMIs (Oct), EZ Producer Prices (Sep), US MBA, ADP (Oct), ISM Services PMI (Oct)Thu: BoE Announcement and MPR, Norges Bank Announcement; German Industrial Output…
The Average Sentiment Oscillator (ASO) works by analyzing market momentum and crowd behavior to identify overbought and oversold conditions. It calculates sentiment values from price action, displaying them as an oscillator line that moves between two extremes. When the line rises, it shows bullish sentiment gaining strength; when it drops, bearish emotions dominate. This visual insight allows traders to understand what the majority of participants might be feeling — optimism or fear — helping them anticipate potential turning points before they happen. How the Indicator Improves Decision-Making Unlike traditional oscillators, the ASO blends both technical and emotional aspects of the…
IDEX Q2 2025 slides: modest growth amid market uncertainty, maintains cautious outlook Source link
Berkshire profit rises, cash soars to record Source link