FX

Capital Com Securities (Singapore) Pte. Ltd. has been granted a Capital Markets Services licence by the Monetary Authority of Singapore (MAS), giving the CFD broker its first licensed base in Southeast Asia. The licence covers dealing in capital markets products, including securities and over-the-counter (OTC) derivatives contracts, a category that typically includes CFDs. The unit’s […]

The Houthis said yesterday they hit Saudi Arabia’s biggest refinery with a missile, and Saudi authorities did not immediately confirm any damage. The plant has a capacity of 550,000 barrels a day. Brent traded at $115.24 at 08:58 GMT, up $1.36 or 1.2 per cent from yesterday’s close, while WTI stood at $101.52, up $1.62

The HCOB flash euro-area composite PMI fell to 51.9 in October from 53.1 in September, its lowest reading since June. The figure, released at 08:00 GMT today, came in below a consensus of 52.7 and below every forecast in a Reuters poll of economists, whose median was also 52.7. No revision to September’s figures was

UK unemployment fell to 4.7% in the June to August quarter, below the 4.9% consensus, and sterling edged higher. The Office for National Statistics (ONS) published the figures at 7am BST today. GBP/USD traded at 1.3342 at 12:52 BST, up 0.25 per cent, or about 33 pips, on the previous close of 1.3309. EUR/GBP was

US producer prices rose 1.3% in September, taking the annual rate to 6.3%, the highest since December 2022 and a full point above the 5.3% consensus forecast. The Bureau of Labor Statistics (BLS) published the PPI at 12:30 GMT today alongside retail sales from the Census Bureau and the Empire State manufacturing survey, and all

Brent crude pulled back from a spike above $105 on the day Trump said the US will not attack Iran before the 3 November midterms, but USD/CAD barely registered it. The pair ended yesterday at 1.4226 and was at 1.4224 at 09:39 BST today. Hormuz traffic fell after last week’s record run of tanker attacks,