The US Dollar has continued its year end decline after the holiday break in thin volume. Traders still holding onto the view of a dovish Fed come 2024 seeing yields also drop creating a headwind for the Greenback.
Shipping firm Maersk says it’s preparing for resumption of Red Sea voyages after attacks from Yemen
FRANKFURT, Germany (AP) — Shipping firm Maersk says it is preparing to allow vessels to resume sailing through the Red Sea, thanks to the start of a U.S.-led multinational naval operation to protect shipping from attacks by Houthi rebels in Yemen.
The future of travel, biometrics, and a greater need for hybrid credentials
In 2023, travel reached levels we hadn’t seen since before the pandemic. More travelers than ever are moving through security lines, also bringing increased wait times. Now, it’s up to government administrators like TSA to ensure safe, secure journeys, while also catering to customer needs like speed and seamless check-in.
China stocks drop, led by semiconductor shares; HK market close
SHANGHAI: China stocks declined on Tuesday, dragged down by semiconductor shares, while gaming stocks stabilised after a slew of companies announced share buyback plans.
BTC/USD Forex Signal: Bitcoin Wavers as Santa Rally Fades
Bitcoin price remained in a consolidation mood during the Christmas weekend as traders waited for the next big news. The BTC/USD pair was trading at 43,450 on Tuesday, where it has been in the past few weeks.
Spot Bitcoin ETF may get rejected if filings do not reach SEC by new deadline
In 2024, the crypto market is going to be dancing to the tune of the response to the spot Bitcoin ETF approval. The January 10 deadline will either act as a bullish catalyst to Bitcoin price and other crypto assets or result in an unprecedented crash. However, who will command this price action will depend on who makes the cut before the new year.
Singapore Nov core inflation slows to 3.2% y/y
SINGAPORE, Dec 26 (Reuters) – Singapore’s key consumer price gauge slowed to 3.2% in November on the year, in line with expectations, official data showed on Tuesday, and headline inflation fell to 3.6%.
Lack of cues, volume leads to flattish India bonds in last week of 2023
MUMBAI: Indian government bond yields started the last week of 2023 on a flattish note, with traders staying on the sidelines as they awaited fresh triggers in the new calendar year.
Market Reacts to Geopolitical Tensions and OPEC Dynamics
Oil prices navigate a complex landscape with geopolitical tensions and OPEC’s cohesion at stake, impacting commodities like USOIL, UKOIL, and Natural Gas.
Top 10 scientific news from China and the world in 2023
China’s first deep-sea floating wind power platform set sail on March 26 from Zhuhai City in south China’s Guangdong Province towards the country’s southernmost Hainan Province. It was put into operation to generate green energy for the operation and production of offshore oilfields on May 20.