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  • Gold tanks, Oil turns negative , Bitcoin lower 16 Jun 2021 22:02 OANDA Market Pulse Oil Crude prices gave up earlier gains after a surprisingly hawkish FOMC dot plot sent both Treasury yields and the dollar higher.  WTI crude rose after a mostly bullish EIA crude oil inventory report.   Americans are traveling as jet fuel demand improved …
  • Dollar Climbs Higher After Fed Signals Rate Hikes In 2023 16 Jun 2021 21:25 RTTNews After moving along the flat line since the start of the Asian session on Wednesday, the U.S. dollar climbed higher, scoring notable gains against most of its peers, after the Federal Reserve said it expects two rate increases by the end of 2023. As widely …
  • UK inflation expectations well-anchored -Sunak 16 Jun 2021 20:52 Investing.com LONDON (Reuters) -Inflation expectations in Britain are well anchored around the Bank of England's target of 2%, finance minister Rishi Sunak said on Wednesday after data showed inflation broke above the target for the first time in nearly two years. …
  • Federal Reserve Estimates Point To Interest Rate Hikes In 2023 16 Jun 2021 19:39 RTTNews The Federal Reserve made its highly anticipated monetary policy announcement Wednesday afternoon, and while the statement was largely unchanged from the previous meeting, the central bank's latest projections now point to an increase in interest rates …
  • 3 Overvalued E-Commerce Stocks to Avoid 16 Jun 2021 16:23 Investing.com As more and more people get vaccinated and the economy opens up, consumers are heading back into stores. This is great news for brick and mortar stores. But they may mean that investors are likely to take profits from e-commerce stocks such as Pinduoduo ( …
  • Baidu vs. Yandex: Which Search Engine Stock is a Better Buy? 16 Jun 2021 16:23 Investing.com Increasing online activities amid remote lifestyles have been upping the usage of search engines. And companies that provide search engines have been benefiting significantly by offering personalized user experiences and efficiently promoting products and …
  • Reserve Bank Of Zimbabwe Sanctions 18 Companies Over Alleged Forex Frauds 16 Jun 2021 15:22 African Examiner Posted by Daniel Jones African News, Business News, Latest News, News Around Africa Wednesday, June 16th, 2021 (AFRICAN EXAMINER) – Eighteen companies are to face sanctions from the Reserve Bank of Zimbabwe (RBZ) for allegedly abusing the country’s foreign …
  • Japanese Yen Climbs Ahead Of Fed Outcome 16 Jun 2021 12:50 RTTNews The Japanese yen advanced against its major rivals in the European session on Wednesday, as investors turned cautious ahead of the outcome of policy meeting by the U.S. Federal Reserve due later in the day. The central bank is not expected to take any …
  • Loonie Ticks Down Following Canada CPI 16 Jun 2021 12:50 RTTNews After the release of Canada consumer inflation for May at 8:30 am ET Wednesday, the loonie inched down against its major counterparts. The loonie was trading at 1.4768 against the euro, 90.19 against the yen, 0.9393 against the aussie and 1.2180 against …
  • Businesses still defy official bank rate 16 Jun 2021 09:08 The Chronicle (Zimbabwe) The Chronicle Nqobile Tshili and Bongani Ndlovu, Chronicle Reporters MOST companies in both the formal and informal sector have reverted to black market rate pricing in defiance of Statutory Instrument (SI) 127/2021 compelling businesses to use the …
  • Pound Climbs Vs Most Majors Ahead Of U.K. CPI, PPI 16 Jun 2021 08:16 RTTNews At 2.00 am ET Wednesday, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is forecast to rise to 1.8 percent from 1.5 percent in April. Output price inflation is seen at 4.5 percent versus 3.9 …
  • Pound Rises Further Following U.K. CPI, PPI 16 Jun 2021 08:16 RTTNews At 2.00 am ET Wednesday, the Office for National Statistics has published UK consumer and producer price data for May. The pound rose further against its major counterparts after the data. The pound was trading at 155.14 against the yen, 1.4095 against the …
  • Pound Appreciates As U.K. Consumer Inflation Surges Past BoE Target 16 Jun 2021 08:16 RTTNews The pound climbed against its major counterparts in early European deals on Wednesday, following a jump in the nation's consumer prices for May, which was well above the Bank of England's target of 2 percent. Data from the Office for National …
  • RBZ goes for broke… names, shames foreign currency abusers 16 Jun 2021 06:35 NewsDay BY MIRIAM MANGWAYA/CHIEDZA KOWO THE Reserve Bank of Zimbabwe (RBZ) yesterday escalated plans to punish “outliers” including listed milling giant, National Foods, which it said were “abusing” foreign currency acquired through the auction system. The …
  • Major crypto solutions provider, B2Broker, chooses Sumsub to help 400+ businesses steer clear of regulatory fines 16 Jun 2021 06:27 WhaTech Guest Post By Staff Writers Cryptocurrency News 2021-06-16 B2Broker, a leading technology and liquidity provider for the forex and crypto industries, chooses Sumsub to help 450 businesses across 40+ countries stay compliant by adjusting verification …
  • Asian central banks build dollar war chests, prep for US Fed policy 16 Jun 2021 02:48 Business Standard Asia’s emerging economies have accumulated their highest level of foreign-exchange reserves since 2014, offering a powerful buffer against market volatility if the U.S. Federal Reserve changes course. Central bank holdings of foreign currencies in the …
  • IGP must retire for young officer to take over – Security Analyst 16 Jun 2021 02:10 Ghana MMA • Security Analyst Adam Bonaa has called on the IGP James Oppong-Boanuh to retire • He believes a more enthusiastic IGP is needed in the country • Mr Bonaa also urged the Ghana Police Service to utilise CCTV cameras mounted on the streets to fish out …
  • Fenway Park and JetBlue Park are now a part of the Applied UV air purifier revolution 16 Jun 2021 00:48 Investing.com Developed by NASA, company's patented disinfection technology will protect baseball players and fans.The coronavirus pandemic took the world of sports by storm. In just a few short months, nearly every sporting event, professional and amateur, had been …
  • Dollar Pares Early Gains As Traders Look Ahead To Fed Policy 15 Jun 2021 21:11 RTTNews After gaining notable ground against its major rivals in the European session, the U.S. dollar pared its gains against most of the currencies on Tuesday, with traders looking ahead to the Federal Reserve's policy. It is widely expected that the Fed won …
  • Everyone loves oil, gold drops 15 Jun 2021 19:04 OANDA Market Pulse Oil rises on stronger demand Even non-energy traders are placing bets that oil prices will continue to rise. Everyone is turning overly bullish with crude prices.  Energy stocks have outperformed this year as oil prices hardly show any signs of slowing …
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