Author: FX

narvo vexar Astronics Corporation (NASDAQ:ATRO) announced that it has completed the acquisition of Bühler Motor Aviation (BMA) from Bühler Motor Group. The transaction was conducted on an all-cash basis; however, the financial terms of the deal were not disclosed. BMA, located in Uhldingen-Mühlhofen, Germany, is Source link

EUR/USD has returned below 1.1600 in the early European session on Monday and is trading at 1.1590 at the time of writing. Investors’ concern about the consequences of a trade war between the US and China has dampened risk appetite, while the doubts about the chances of success of France’s new cabinet remain weighing on the Euro (EUR).The US Dollar dropped on Friday after US President Donald Trump threatened 100% tariffs on Chinese imports to begin on November 1, after the Asian country announced curbs on rare earths’ exports. Trump, however, softened his tone on social media on Sunday, suggesting…

Monday starts quietly, with bank holidays in the U.S. in observance of Columbus Day and in Canada for Thanksgiving Day. On Tuesday, Australia will release the RBA monetary policy meeting minutes, while in the U.K., the focus will be on labor market data, including the average earnings index 3m/y, claimant count change, and the unemployment rate. Later in the day, Fed Chair Jerome Powell will speak at a moderated discussion on the economic outlook and monetary policy at the National Association for Business Economics Annual Meeting in Philadelphia, with questions from the audience expected. Thursday will be busier, with Australia…

The U.K. is about to drop its latest labor market report, and since it’s one of the first major data releases this week, it could steer how the pound trades in the days ahead. Our Event Guide for the September Employment Report hints at softer hiring, the kind of slowdown that could boost expectations for more BOE rate cuts and keep Sterling on the defensive. If the numbers miss the mark, the setups in pairs like GBP/USD and EUR/GBP could open some solid trading opportunities. This Article Is For Premium Members Only Become a Premium member for full…

Gold (XAU/USD) continues scaling new record highs through the Asian session on Monday and climbs to the $4,078 region in the last hour amid a supportive fundamental backdrop. Investors remain worried about economic uncertainties on the back of a prolonged US government shutdown and rising geopolitical tensions. Apart from this, fresh US-China trade concerns turn out to be key factors underpinning demand for the safe-haven precious metal.Meanwhile, the growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs two more times this year keeps the US Dollar (USD) bulls on the defensive and further benefits the non-yielding Gold.…

Analysts are expecting a slowdown in the U.K. jobs market that could cast doubts on hawkish BOE prospects. But what if the data comes in strong once more? Our Event Guide for the U.K. Employment Report points out that another upside jobs surprise could further dampen BOE easing expectations, particularly if wage growth accelerates. Here’s what I’m looking at on EUR/GBP and GBP/CHF in this case. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access…

China's exports surge to six-month high, driving September trade surplus to $90.45B Source link

Fintech and AI drive London finance job vacancy growth in Q3, recruiter says Source link

On September 18, Reuters reported that “the Fed’s rate cut announcement opened the door to further policy easing.” However, monetary inflation still persists in the economy, raising doubts about the pace of future policy adjustments and signaling potential turbulence for financial investors in the months ahead. Some investors are now less certain that interest rates will quickly shift downward, which could dampen optimism that looser policy would strongly boost both the stock and bond markets. Divergent views within the Federal Reserve on the future trajectory of interest rates have only added to this uncertainty. Against this backdrop, WinnerMining, a standout…

China Customs vice minister: Great efforts are needed to stabilise foreign trade in Q4 In Q1-Q3, China’s foreign trade has shown resilience with improving structure Current external environment still complex and grim with rising uncertaintiesAccording to a Customs survey, Chinese exporters confidence index has improved for five straight monthsSurvey shows Chinese importers confidence index has improved for three straight months This article was written by Eamonn Sheridan at investinglive.com. Source link