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 2021-09-18 01:25 

FX Empire

European Equities: A Week in Review 17/09/21...

Following a jittery end to the week, economic data in the week ahead will play second fiddle to the FED and the FOMC projections......

 2021-09-18 00:11 

FX Empire

The Crypto Daily Movers and Shakers September 18th, 2021...

Following a bearish Wednesday, a Bitcoin move back through to $48,000 levels would support the broader market....

 2021-09-17 23:24 

FX Empire

The Weekly Wrap Economic Data and Policy Jitters Delivered a Boost for the Greenback...

The U.S Dollar came out on top in a choppy week for the global financial markets. Economic data from the U.S and apprehension ahead of next week's FED meet weighed on riskier assets....

 2021-09-17 20:05 

FX Empire

Wall Street Ends Rollercoaster Week Sharply Lower...

NEW YORK (Reuters) U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate tax hike worries, the Delta COVID variant, and possible shifts in the U.S. Federal Reserve's timeline for tape...

 2021-09-17 20:04 

FX Empire

Analysis-Investors brace for a great fall in China...

LONDON (Reuters) International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come to a head....

 2021-09-17 19:31 

FX Empire

Shares fall on fears over China, U.S. taxes, central bank policy...

LONDON/HONG KONG (Reuters) World shares steadied on Friday above three-week lows set in the previous session though they were heading for a weekly loss on China jitters and global growth concerns, while strong U.S. retail sales data buoyed the dollar....

 2021-09-17 19:31 

FX Empire

Shares Fall on Fears Over China, U.S. Taxes, Central Bank Policy...

NEW YORK (Reuters) World shares fell on Friday, pressured by concerns over China's markets, the potential for a U.S. corporate tax hike and an update on the U.S. Federal Reserve's tapering strategy next week....

 2021-09-17 19:14 

FX Empire

Oil falls as storm-hit U.S. supply trickles back into market...

SINGAPORE (Reuters) -Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts were on track for weekly gains of more than 3% as recovery in output is seen lagging demand....

 2021-09-17 19:14 

FX Empire

Oil Falls as Storm-Hit U.S. Supply Trickles Back Into Market...

NEW YORK (Reuters) -Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output....

 2021-09-17 19:11 

FX Empire

Dollar touches three-week high, lifted by recent data, Fed taper view...

LONDON (Reuters) The dollar held near three-week highs on Friday after better-than-expected retail sales numbers in the United States boosted bets on the strength of the U.S. economy and earlier monetary policy tightening....

 2021-09-17 19:11 

FX Empire

Dollar Touches Three-Week High, Lifted by Recent Data, Fed Taper View...

NEW YORK (Reuters) -The dollar scaled three-week peaks on Friday, supported by better-than-forecast U.S. retail sales data released on Thursday that backed expectations for a reduction of asset purchases by the Federal Reserve before the end of the year....

 2021-09-17 18:19 

FX Empire

China Applies to Join Pacific Trade Pact to Boost Economic Clout...

BEIJING (Reuters) -Japan said it would have to determine if China meets the "extremely high standards" of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world's second-biggest economy formally appli...

 2021-09-17 13:49 

FX Empire

Microchip Shortage Is Hitting General Motors Hard As Company Extends Downtime At Several Assemblies...

General Motors has extended downtime at several assemblies as the global microchip shortage continues to affect the company's vehicle manufacturing process negatively....

 2021-09-17 13:23 

FX Empire

Its Revolut's Time For Adoption As It Pays For Its WeWork Office Space In Bitcoin...

British fintech Revolut has paid for its largest office space in the United States with Bitcoin as it believes cryptocurrencies are the future....

 2021-09-17 12:49 

FX Empire

Stocks Remain Under Pressure Ahead Of The Weekend...

Meanwhile, gold received strong support near $1750....

 2021-09-17 08:20 

FX Empire

UK Shares Rise on Travel, Banking Boost; Retail Sales Data Ease Taper Fears...

(Reuters) -UK shares climbed on Friday, lifted by banks and travel stocks, as concerns about a sooner-than-expected policy tightening by the Bank of England eased after British retail sales fell unexpectedly in August....

 2021-09-17 08:05 

FX Empire

Factbox: Key Economic Policy Stances of Japan's Next PM Candidates...

(Reuters) Candidates to become Japan's next prime minister officially launched their campaigns on Friday, with popular vaccine minister Taro Kono expected to be the top contender to replace Yoshihide Suga....

 2021-09-17 08:04 

FX Empire

China, Growth Jitters Weigh on Global Stocks, Dollar Buoyant...

LONDON/HONG KONG (Reuters) World shares steadied on Friday above three-week lows set in the previous session though they were heading for a weekly loss on China jitters and global growth concerns, while strong U.S. retail sales data buoyed the dollar....

 2021-09-17 08:04 

FX Empire

Take Five: Bring Out the Central Bank Heavies...

Several central banking big-hitters meet in coming days, with the U.S. Federal Reserve's Sept. 21-22 meeting topping the must-watch list....

 2021-09-17 07:52 

FX Empire

Philippine Cbank Tempers Outlook, Cuts 2021 c/a Surplus Forecast...

MANILA (Reuters) The Philippine central bank on Friday revised its current account surplus projection for this year to $3.5 billion, or 0.9% of the gross domestic product, down substantially from a June forecast of $10 billion, or 2.5% of GDP....

 2021-09-17 07:49 

FX Empire

Dollar Holds Near Three-Week High After U.S. Retail Sales Boost...

LONDON (Reuters) The dollar held near three-week highs on Friday after better-than-expected retail sales numbers in the United States boosted bets on the strength of the U.S. economy and earlier monetary policy tightening....

 2021-09-17 07:17 

FX Empire

Oil Fall as U.S. Storm-Hit Supply Makes Slow Return...

SINGAPORE (Reuters) -Oil prices fell on Friday as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, but both benchmark contracts were on track for weekly gains of more than 3% as recovery in output is seen lagging demand....

 2021-09-17 00:36 

FX Empire

The Crypto Daily Movers and Shakers September 17th, 2021...

Following a bearish session for Bitcoin and the broader market on Thursday, a Bitcoin return to $48,500 levels would support the pack....

 2021-09-16 23:19 

FX Empire

UK Retail Sales Puts the Pound in the Spotlight...

While it's a relatively busy day on the economic calendar, UK retail sales figures for August will be the key numbers on the day....

 2021-09-16 20:20 

FX Empire

S&P Ends Modestly Lower as Rising Treasury Yields Offset Robust Retail Data...

NEW YORK (Reuters) The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery....

 2021-09-16 19:58 

FX Empire

El Salvador Bonds Tumble as Investors Eye Bitcoin Use, IMF Talks...

NEW YORK (Reuters) El Salvador bond spreads to U.S. Treasuries hit a record high on Thursday on growing investor fears the Central American nation will not reach a potential $1 billion loan agreement with the International Monetary Fund and faces negative...

 2021-09-16 19:55 

FX Empire

Dollar index climbs after U.S. retail sales show surprise rebound...

LONDON (Reuters) The dollar traded near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stim...

 2021-09-16 19:55 

FX Empire

Dollar Index Climbs After U.S. Retail Sales Show Surprise Rebound...

NEW YORK (Reuters) The dollar rose and hit its highest level in nearly three weeks against a basket of currencies on Thursday after data showed U.S. retail sales unexpectedly increased in August, easing some concerns about a sharp slowdown in economic gro...

 2021-09-16 19:44 

FX Empire

U.S. Gulf Crude Oil Ramps Up After Hurricane Losses Data...

HOUSTON/NEW YORK (Reuters) U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out ...

 2021-09-16 19:13 

FX Empire

World Shares Slide on Wall Street Sell-Off, China Worries...

NEW YORK (Reuters) Markets dipped globally on Thursday as concerns about investments in China and a down day on Wall Street outweighed positive economic data in the United States....

 2021-09-16 18:53 

FX Empire

Analysis: Investors Brace for a Great Fall in China...

LONDON (Reuters) International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come to a head....

 2021-09-16 18:48 

FX Empire

iPhone 13 Is Already Recording Early Strong Sales In China...

Apple has recorded more than 2 million pre-orders for its iPhone 13 in China, surpassing the 1.5 million it received for its iPhone 12....

 2021-09-16 12:44 

FX Empire

Stocks Retreat Despite Encouraging Retail Sales Report...

Meanwhile, WTI oil is trying to settle back below the $72 level....

 2021-09-16 11:12 

FX Empire

Move Aside Millennials. Baby Boomers Won't Be Left Behind In Bitcoin Adoption...

Australian crypto exchange BTC Markets has reported an increase in the number of baby boomers investing in Bitcoin as they consider it to be an alternative investment vehicle....

 2021-09-16 09:57 

FX Empire

Eurozone Trade Surplus Widens but Fails to Impress the EUR ahead of Lagarde...

Trade data from the Eurozone failed to impress the EUR this morning, in spite of a marked widening of the trade surplus. Economic and monetary policy uncertainty lingers....

 2021-09-16 08:21 

FX Empire

Feted With Petals, Hezbollah Brings Iranian Fuel Into Lebanon...

AL-AIN, Lebanon (Reuters) -Hezbollah began bringing Iranian fuel into Lebanon via Syria on Thursday, a move the Shi'ite Muslim group says should ease a crippling energy crisis but which opponents say risks provoking U.S. sanctions....

 2021-09-16 08:05 

FX Empire

ECB's Rehn Warns Governments to Count on Higher Rates...

HELSINKI (Reuters) Finland's central bank raised its 2021 growth estimate on Thursday and warned that even if a rate hike is still far into the future, governments should prepare for the eventual rise in borrowing costs....

 2021-09-16 08:02 

FX Empire

Japan's Mitsui and Partners to Exit Mexico's Gas Power Project...

TOKYO (Reuters) Four Japanese companies, including Mitsui & Co, have agreed to sell their entire stakes in Mexican power plant operator MT Falcon Holdings to British fund Actis GP LLP for an undisclosed figure, the companies said on Thursday....

 2021-09-16 08:01 

FX Empire

Dollar Edges Up as Focus Turns to Fed For Taper Clues...

LONDON (Reuters) The dollar traded near the middle of its range of the past month versus major peers on Thursday, as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stim...

 2021-09-16 08:00 

FX Empire

Marketmind: When the Dragon Sneezes, Europe Catches a Cold...

As pressure builds on China's tech and real estate moguls and its economic growth falters, markets worldwide are starting to get uneasy. But it's Europe, with its export-oriented economy and supercharged luxury stocks reliant on affluent Asian sho...

 2021-09-16 07:52 

FX Empire

Italy Working on Measures to Curb Power Prices Minister...

MILAN (Reuters) -Italy will introduce short-term measures to offset the expected rise in retail power prices and is working on a longer-term reform of power bills, energy transition minister Roberto Cingolani said on Thursday....

 2021-09-16 07:19 

FX Empire

Oil Dips, Pares Back Only Some of Sharp Gains Made on U.S. Stocks Drawdown...

SINGAPORE (Reuters) Oil prices slipped on Thursday, paring back only some of the large gains made the previous day on the back a larger-than-expected drawdown in crude oil stocks in the United States....

 2021-09-16 01:39 

FX Empire

Jobless Claims and Retail Sales Put the Greenback and the U.S Economy in the Spotlight...

It's a busy economic calendar, with ECB President Lagarde also scheduled to speak. Economic data from the U.S will be key later in the day, however....

 2021-09-16 00:22 

FX Empire

The Crypto Daily Movers and Shakers September 16th, 2021...

Following a mixed Wednesday, a Bitcoin return to $49,000 levels would support the broader crypto market....

 2021-09-15 20:25 

FX Empire

Wall Street Gains as Crude Price Surge, Strong Economic Data Prompt Broad Rally...

NEW YORK (Reuters) U.S. stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, boosting investor sentiment....

 2021-09-15 20:13 

FX Empire

Canadian Pacific Clinches $27-Billion Kansas City Southern Deal as Rival Bows Out...

(Reuters) -Canadian Pacific Railway Ltd inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern on Wednesday after Canadian National Railway Co conceded it could not save its own $29.6-billion deal for the U.S. railway....

 2021-09-15 19:39 

FX Empire

Record 60 Cargo Ships Wait to Unload at Busiest U.S. Port Complex...

LOS ANGELES (Reuters) A record 60 container vessels are at anchor or adrift in the San Pedro Bay, waiting to be unloaded at the Port of Los Angeles/Long Beach seaports and another 20 are due to arrive in coming days, a port executive said on Wednesday....

 2021-09-15 19:20 

FX Empire

Global Shares Rise on Strong U.S. Equities, Factory Data...

NEW YORK (Reuters) Global shares inched up on Wednesday on the strength of U.S. equities markets that were boosted by positive factory data....

 2021-09-15 19:12 

FX Empire

U.S. Banking Regulators Working on Climate Risk Management Guidance, Official Says...

WASHINGTON (Reuters) U.S. banking regulators are working on new climate risk management guidance for large lenders, a top official said on Wednesday, in another sign of efforts to incorporate the risks posed by rising temperatures into financial rules....

 2021-09-15 18:50 

FX Empire

Explainer-Main Battles Ahead for U.S. Democrats' $3.5 Trillion Social Spending Bill...

(Reuters) Democrats are crafting a massive spending package as big as $3.5 trillion that would transform the U.S. economy by investing in free community college, childcare and green energy, funded by tax hikes on the wealthy and larger companies....

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