The Asset Observer

10/04/2024

As announced on 25 March 2024, European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) has listed options on issue exercisable at $0.075 each that are due to expire on Friday, 19 April 2024 (EUROA Options). Optionholders may exercise their options by way of payment, which must be received no later than 5:00pm (WST) on Friday 19 April 2024 (Expiry Date).

As announced on 25 March 2024, European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) has listed options on issue exercisabl

10/04/2024

By David Shepardson
WASHINGTON (Reuters) -The National Transportation Safety Board is conducting a new round of interviews with Boeing (NYSE:) and Federal Aviation Administration personnel this week in its probe into the January Alaska Airlines 737 MAX 9 in-flight emergency.

By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board is conducting a new round of interviews with Boeing (NYSE:) and Federal Aviat

03/04/2024

MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8.
The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according to a circular issued

MUMBAI – The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The e

28/03/2024

If you’ve ever used the buzzy generative AI tool, ChatGPT then you may have wanted to buy stock in the parent company, OpenAI. OpenAI is a private company, so you can’t buy OpenAI stock directly. But, Microsoft (Nasdaq: MSFT) owns a major stake in OpenAI, which means you can get exposure to OpenAI by buying Microsoft stock.

If you’ve ever used the buzzy generative AI tool, ChatGPT then you may have wanted to buy stock in the parent company, OpenAI. OpenAI is a private company, so

28/03/2024

Revised estimates of quarterly GDP, which use additional data to provide a more precise indication of economic growth, showed that the economy shrank by 0.3% in the last three months of 2023, in line with the earlier estimate.
Q3's 0.1% fall remained unchanged, confirming a technical recession, which is described as two consecutive quarters of negative growth.

28/03/2024

A wine label often displays information dictated by legislation or regional requirements. However, this space on a bottle has infinite possibilities for design and semiotics. There are as many labels as there are wines and producers. Just as we know not to judge a book by its cover, connoisseurs have also learned not to judge a wine by its label.

A wine label often displays information dictated by legislation or regional requirements. However, this space on a bottle has infinite possibilities for design

26/03/2024

Kazakhstan is expected to remain on a stable growth trajectory for the next two years, driven by continued carbon use and increased consumer spending, according to World Bank projections. At the same time, the bank suggests a new reform approach is needed to improve prosperity.The

Kazakhstan is expected to remain on a stable growth trajectory for the next two years, driven by continued carbon use and increased consumer spending, according

26/03/2024

© Reuters. Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) - The pound strengthened against the dollar on Tuesday and held steady on the euro as markets continued to digest the implications of last week's central bank meetings, including the Bank of England's. The pound was last up 0.17%

Latest Markets News and Updates

26/03/2024

(Reuters) -The 3 km (1.6 mile) long Key Bridge in Baltimore, Maryland collapsed into the water overnight after a cargo ship collided with it, Fox Baltimore reported on Tuesday.
The extent of the damage to the bridge was not immediately clear, the New York Times said.
“All lanes closed both directions for incident on I-695 Key Bridge.

(Reuters) -The 3 km (1.6 mile) long Key Bridge in Baltimore, Maryland collapsed into the water overnight after a cargo ship collided with it, Fox Baltimore repo

25/03/2024

A rebound in Chinese natural gas demand and rising fuel sales pushed the earnings of state oil and gas giant PetroChina to a record high in 2023, despite the drop in international oil and gas prices.PetroChina reported on Monday a net income of $22.3 billion (161 billion Chinese yuan) for 2023, up by 8.3%

A rebound in Chinese natural gas demand and rising fuel sales pushed the earnings of state oil and gas giant PetroChina to a record high in 2023, despite the dr

25/03/2024

© Reuters.

Investing.com - The U.S. dollar has started the new week on the back foot Monday, handing back some of the previous week's gains, as traders await the release of key inflation data as well as more comments from Federal Reserve speakers.
At 05:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 104.010,

Latest Markets News and Updates

24/03/2024

The management of El Al Israel Airlines Ltd. (TASE:ELAL) is striving to take advantage of its positive momentum to raise hundreds of millions of shekels. Together with its report at the end of last week that it is buying three new Dreamliners, the company controlled by Kenny Rozenberg said that it is raising capital by issuing new shares.

The management of El Al Israel Airlines Ltd. (TASE:ELAL) is striving to take advantage of its positive momentum to raise hundreds of millions of shekels. Togeth

24/03/2024

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24/03/2024

© Reuters. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally at the Forum River Center in Rome, Georgia, U.S. March 9, 2024. REUTERS/Alyssa Pointer/File Photo

By Helen Coster, Svea Herbst-Bayliss (Reuters) -Former U.S.

© Reuters. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally at the Forum River Center in R

24/03/2024

© Reuters. FILE PHOTO: Social Democrat's candidate for mayor's elections Bernhard Auinger attends an interview with Reuters in Salzburg, Austria March 20, 2024. REUTERS/Leonhard Foeger/File Photo

VIENNA (Reuters)

© Reuters. FILE PHOTO: Social Democrat's candidate for mayor's elections Bernhard Auinger attends an interview with Reuters in Salzburg, Austria March 20, 2024

24/03/2024

When talking about the stock market, investors view the S&P 500 as the key barometer for gauging how things are going. Because this index tracks the 500 largest and most profitable businesses in the U.S., the world’s most dominant economy, investors closely watch its price movements.

When talking about the stock market, investors view the S&P 500 as the key barometer for gauging how things are going. Because this index tracks the 500 lar

21/03/2024

XAU/USD Current price: $2,172.01

- The US Dollar turned higher on Thursday, trimming US Fed-inspired losses.
- The Switzerland National Bank and the Bank of England delivered monetary policy decisions.
- XAU/USD could extend its corrective decline, but bulls retain control.

Gold price reached an all-time high on Thursday, with the bright metal trading as high as $2,222.65

Latest Markets News and Updates

21/03/2024

Crude oil futures have rallied close to a five-month high with concerns about tightening supplies driving up prices in recent days, only coming down to earth on Wednesday and paring some of those gains while awaiting an interest rate signal from the U.S. Federal Reserve. According

Crude oil futures have rallied close to a five-month high with concerns about tightening supplies driving up prices in recent days, only coming down to earth on

21/03/2024

Gold has risen above $2,200 for the first time on a dovish Fed. Economists at MUFG Bank analyze the yellow metal’s outlook.

Short-term moves will remain tied to data potentially influencing Fed decision-making

Gold has leaped above $2,200 for the first time after the Fed maintained its outlook for three cuts this year, suggesting it is not alarmed by a recent uptick in inflation.

The

Latest Markets News and Updates

21/03/2024

EUR/USD dips on soft PMI data. Economists at Scotiabank analyze the pair’s outlook.

Daily and weekly trend momentum signals are bullish

Preliminary March data from France was weaker than expected across the board while the German Manufacturing print (41.6) was also well below forecasts and February’s result.

Latest Markets News and Updates

21/03/2024

GBP/USD Exchange Rate dented ahead of BoE Meeting

The Pound US Dollar (GBP/USD) exchange rate has drifted lower this morning as markets brace for the Bank of England’s (BoE) latest interest rate decision.

At the time of writing the GBP/USD exchange rate is trading at around $1.2766, down roughly 0.3% from this morning’s opening rate.

Pound (GBP) to Slip following BoE Interest Rate Decision?

Latest Markets News and Updates

21/03/2024

Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range.
The offering brought in $519 million, according to a press release, and values the company at close to $6.5 billion. Reddit had planned to price the deal at $31 to $34 a share.

Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering br

21/03/2024

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB).

Latest Markets News and Updates

20/03/2024

After rallying significantly earlier this week, oil prices plummeted by around 2% on Wednesday as markets awaited an interest rate policy announcement from the Federal Reserve before the closing bell. At 12:55 p.m. ET on Wednesday, Brent crude was trading down 1.68% at $85.91, while WTI, the U.S. crude benchmark, was trading down 2.17% at $81.66.

After rallying significantly earlier this week, oil prices plummeted by around 2% on Wednesday as markets awaited an interest rate policy announcement from the

20/03/2024

- AUD up 0.83% vs. USD after Fed holds policy steady.
- Wall Street up, praises US economy, labor strength post-Fed.
- US 10-year yield dips, Dollar Index down, hints AUD/USD rise.
- Mixed Australia PMI, strong job outlook may sway RBA policy.

The Australian Dollar soared 0.83%

Latest Markets News and Updates

20/03/2024

The firm USD/CAD undertone persists. Economists at Scotiabank analyze the pair’s outlook.

Seasonal trends turn more constructive for the Loonie in Q2 typically

Seasonal trends turn more constructive for the CAD in Q2 typically. Over the past 25 years, April has delivered the largest, average monthly gain for the CAD versus the USD of the calendar year (+1.1%, according to Blomberg data).

Latest Markets News and Updates

20/03/2024

The move expands the long-standing relationship between the two firms, and the strategy will be available for clients across EMEA and APAC.
Spring Budget 24: UK Treasury to establish venue for privatecompanies to trade shares
BNY Mellon noted the collaboration comes at a time when the private credit market is benefitting from "cyclical and secular" growth trends, adding that "European

The move expands the long-standing relationship between the two firms, and the strategy will be available for clients across EMEA and APAC. Spring Budget 24: UK

20/03/2024

EUR/USD held steady below 1.0900. Economists at Commerzbank analyze how the Fed decision could impact the pair.

‘Dot plot’ is where the greatest potential for a decent Dollar movement lies

The new inflation and growth forecasts will be published, but above all the interest rate expectations of the FOMC members, the so-called ‘dot plots’.

Latest Markets News and Updates

20/03/2024

One of the most closely followed investors in the world is Berkshire Hathaway CEO Warren Buffett. Known as the Oracle of Omaha, the esteemed investor has built a billion-dollar fortune owning high-quality businesses and normally holding his positions for long periods of time.
Some of Buffett’s most notable investments include Coca-Cola, Apple, and American Express.

One of the most closely followed investors in the world is Berkshire Hathaway CEO Warren Buffett. Known as the Oracle of Omaha, the esteemed investor has built

20/03/2024

Asia’s naphtha refining profit margin extended losses on Tuesday on persisting lower petrochemical demand and fears of rising supplies from the Middle East, analysts and traders said.
The crack fell by about $3 to $88.08 per metric ton over Brent crude oil in a steady backwardation of $18 per ton. The price for first-half May naphtha rose by about $2 to $738.25 per ton.

Asia’s naphtha refining profit margin extended losses on Tuesday on persisting lower petrochemical demand and fears of rising supplies from the Middle East, a