Citigroup warns against overconfidence in aggressive ECB rate cuts for 2025
Citigroup Inc. has cautioned traders against expecting swift and aggressive rate cuts from the European Central…
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traders
Fed rate cut expectations diminish
Traders' confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with…
Oil slips slightly on rising dollar
Oil prices saw a slight decrease on Wednesday due to a stronger dollar reducing investor interest and traders…
Egypt’s GASC gets offers in wheat bids for Sept. shipment – traders
Egypt's General Authority for Supply Commodities (GASC) on Wednesday received offers for wheat in an international…
European markets to open seen mixed amid US-China trade talks
European markets are expected to open mixed on Thursday as traders monitor ongoing U.S.-China trade negotiations.
Dollar eases as focus shifts to Fed meeting; yen and Aussie dollar gain
Dollar eased versus most of its peers on Monday as investors turned their attention to this week’s Federal Reserve…
Egypt’s GASC to pay on-sight for wheat in international tenders
Egypt’s General Authority for Supply Commodities (GASC) will pay for wheat bought in upcoming international…
Brent crude falls below $60 on weak China trade data
Brent crude oil prices fell below $60 per barrel on Monday after Chinese data showed weakening imports and exports…
European markets close lower in shortened session; French CAC drops 1.5%
European markets closed lower Monday following a session of heavy selling stateside last week.
Egypt’s GASC buys 350,000 tonnes of wheat
Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), has bought 350,000 tonnes of wheat…
