The Japanese yen continues its good form with USD/JPY being dragged to fresh lows in over nine weeks. The pair is down another 100 pips today in a fall angling towards the 130.00 mark...
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Engie, Shell and CEZ contracted all capacities of the future LNG terminal in the Netherlands
Gasunie’s subsidiary, EemsEnergyTerminal, has completed contracting for the capacity of a future terminal for receiving liquefied natural gas in the Groningen region, Gasunie reported. The total capacity of the terminal is 8 billion cubic...
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EU agrees powerful sanctions against Russia, they will greatly affect its economy
The European Union (EU) has agreed on the largest ever package of sanctions against Russia over its military operation in Ukraine. It will affect the transport, aviation, and space industries of Russia, Austrian Chancellor...
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France: inflation accelerates to 6.1% year on year in July
The rise in consumer prices in France accelerated again in July to reach 6.1% over one year, against 5.8% in June, according to a first provisional estimate published by INSEE on Friday. This is...
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USD/JPY remains heavy to start the new week
The pair is still feeling the weight of the technical breakdown below the 135.00 level since last week. A drop today would mark four consecutive daily declines for the pair, its worst run since...
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USDCHF is having a volatile end of month
The USDCHF has had a volatile run of it today. The pair raced higher soon after the NY open and pushed up toward the falling 100 hour moving average at 0.9600 currently (blue line). The high...
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Japan finance minister Suzuki: No comment on day-to-day FX moves
Closely watching FX moves with a sense of urgency These are similar comments to when the Japanese yen tumbled and even with the pullback this week, it hasn’t really amounted to much in the...
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Sony’s quarterly profit growth beats forecasts
In the first quarter of fiscal year 2022, which ended in June, Sony Corporation recorded a slight increase in revenue and net profit, with profits better than market forecasts, and revenues did not meet...
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France: Stronger than expected rebound in GDP in the second quarter, of +0.5%
Growth in the French economy rebounded more sharply than expected in the second quarter, with the positive contribution of foreign trade offsetting sluggish domestic demand to lead to a 0.5% increase in the gross...
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Evraz does not plan to delist from the London Stock Exchange due to the current situation
Mining and metals company Evraz does not plan to delist from the London Stock Exchange due to the current geopolitical situation. Nikolai Ivanov, Evraz Vice President for Finance, announced this during a press conference....
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