theforex24

28/03/2024
Torrid’s (NYSE:CURV) Q4 Sales Beat Estimates, Stock Jumps 22.4%

Torrid’s (NYSE:CURV) Q4 Sales Beat Estimates, Stock Jumps 22.4%

Torrid Holdings (NYSE: CURV), a retailer specializing in women’s plus-size apparel, reported its Q4 CY2023 results, exceeding analysts’ expectations in several key areas. While revenue for […]
28/03/2024
Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices are edging closer to record highs, while copper rebounds on signals from China.

Gold prices stabilized in Asian trading on Thursday, hovering near a record high as traders invested in the precious metal ahead of further cues on U.S. […]
28/03/2024
Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Oil prices have path to $100/barrel on Russia cuts, but US likely to stand in way

Investing.com — Oil prices may surge to $100 a barrel as early as September following Russia’s decision to reduce production, although the U.S. is poised to […]
28/03/2024
India central bank keen to further build up record high FX reserves, say sources

India central bank keen to further build up record high FX reserves, say sources

MUMBAI (Reuters) – India’s central bank intends to continue bolstering its forex reserves, leveraging strong inflows into the country’s equity and debt markets, according to two […]
28/03/2024
How Boeing's leadership was 'fired' by its own customers

How Boeing’s leadership was ‘fired’ by its own customers

(Reuters) – It took 80 days, but for the aviation industry, the tipping point finally arrived. A rebellion among U.S. airline executives contributed to the overhaul […]
27/03/2024
Yuan theforex24

Analysis-As yuan skids, markets bet more depreciation is in store

SINGAPORE (Reuters) – The Chinese yuan is experiencing a downward trend, prompting speculation that authorities are deliberately orchestrating a gradual depreciation. This strategy aims to complement […]
27/03/2024

Japan’s yen hits 34-year low, sparking intervention warnings

NEW YORK/LONDON (Reuters) – On Wednesday, the yen hit its lowest level since 1990 before experiencing a slight rebound following a meeting among Japan’s top monetary […]
25/03/2024
Chicago Fed National Activity Index Unexpectedly Rises To +0.05 In February

Chicago Fed National Activity Index Unexpectedly Rises To +0.05 In February

(RTTNews) – The Federal Reserve Bank of Chicago unveiled a report on Monday revealing an unforeseen uptick in its index of U.S. national economic activity. According […]
25/03/2024
U.S. New Home Sales Unexpectedly Dip 0.3% In February

U.S. New Home Sales Unexpectedly Dip 0.3% In February

(RTTNews) – New Home Sales in the United States experienced an unexpected decline in February, as per a report published by the Commerce Department on Monday. […]
25/03/2024
SWIFT planning launch of new central bank digital currency platform in 12-24 months

SWIFT planning launch of new central bank digital currency platform in 12-24 months

LONDON, March 25 (Reuters) – SWIFT, the global bank messaging network, has informed Reuters that it plans to develop a new platform within the next one […]
25/03/2024
Luxury EV maker Lucid to raise $1 bln from Saudi's PIF affiliate

Luxury EV maker Lucid to raise $1 bln from Saudi’s PIF affiliate

March 25 (Reuters) – Lucid (LCID.O) announced on Monday that it is securing $1 billion in funding from a subsidiary of Saudi Arabia’s Public Investment Fund […]
25/03/2024

Yen gains after intervention warning, dollar dips

NEW YORK, March 25 (Reuters) – The yen strengthened on Monday as Japan’s top currency diplomat cautioned against speculative efforts to weaken the currency, while China’s […]
25/03/2024
Small investor group seeks seat on Telecom Italia's revamped board

Small investor group seeks seat on Telecom Italia’s revamped board

MILAN, March 25 (Reuters) – ASATI, an association representing small investors in Italian telecommunications company Telecom Italia (TIM) (TLIT.MI), announced on Monday its submission of a […]
25/03/2024
Asian stocks skittish ahead of data packed-week, Japan’s Nikkei falls

Asian stocks skittish ahead of data packed-week, Japan’s Nikkei falls

Most Asian stocks traded within a flat-to-lower range on Monday, reflecting cautious sentiment ahead of key economic indicators scheduled for release this week. Japan’s Nikkei 225 […]
24/03/2024
German wind power sector welcomes government offshore terminal funding

German wind power sector welcomes government offshore terminal funding

FRANKFURT (Reuters) – The German Offshore Wind Energy Foundation emphasized the significance of the government’s decision to provide financial support for the expansion of an offshore […]
24/03/2024
Gold prices fall further from record highs as dollar reigns after SNB cut

Gold prices fall further from record highs as dollar reigns after SNB cut

Gold prices dipped in Asian trading on Friday, stepping back from recent record highs amidst a notable surge in the dollar, prompted by an unexpected interest […]
24/03/2024
Saudi Arabia stocks lower at close of trade; theforx24

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.31%

Saudi Arabia’s stock market witnessed a decline on Sunday, with the Hotels & Tourism, Transport, and Energy & Utilities sectors leading the downturn. The Tadawul All […]
24/03/2024
A year after Iraq-Turkey pipeline halt, no progress to resume flows

A year after Iraq-Turkey pipeline halt, no progress to resume flows

LONDON (Reuters) – Twelve months post the shutdown of the Iraq-Turkey oil pipeline, the conduit that previously managed approximately 0.5% of the global oil supply remains […]
24/03/2024
Theforex24 Analysis-Google, Apple breakups on the agenda as global regulators target tech

Analysis-Google, Apple breakups on the agenda as global regulators target tech

BRUSSELS/STOCKHOLM (Reuters) – Big Tech faces a significant challenge as antitrust regulators on both sides of the Atlantic target alleged anti-competitive practices. This crackdown could potentially […]
24/03/2024

Dollar strengthens after big shift in global rate outlook

NEW YORK/LONDON (Reuters) – The dollar was poised for a second consecutive week of gains on Friday, as a minor rate hike in Japan provided a […]