US retail sales increased 0.8% mom in September, exceeding expectations of 0.6%, although growth slowed from an upwardly revised 1.3% in August. According to the Census Bureau, total retail and food services sales reached USD 745.0B, up 6.3% yoy. Sales excluding autos also beat forecasts, rising 0.9% mom against expectations of 0.6%, but moderating from…
Crypto.com Exchange, Crypto.com’s institutional-grade trading platform, has announced the launch of Predict Pro, bringing exchange-grade tools and precision execution to real-world event trading. Designed to go beyond basic prediction markets, Predict Pro gives professional traders the infrastructure needed to analyze probabilities, manage risk, and execute complex strategies seamlessly. Predict Pro is offered by Crypto.com’s Introducing…
US Producer Inflation Surged Far Beyond Expectations, but Treasury Yields Kept Falling and the Dollar Struggled to Recover What’s happening: US producer inflation surged far beyond expectations on Thursday, retail sales beat forecasts and layoffs remained contained, yet Treasury yields continued falling and the Dollar struggled to recover. The AI-related selloff that hit Nasdaq on…
Gold bounced from dangerous zone on Thursday to fully reverse post-US CPI drop and fade immediate risk of eventual clear break below pivotal ($4120/00 support zone). The metal price fell on hotter than expected US inflation in September that initially boosted bets for more aggressive Fed’s stance on monetary policy, but following comments from Fed…
Eurozone industrial production contracted for a second consecutive month in August, falling 0.5% mom against expectations for a 0.1% increase. July’s reading was revised downward from an initially reported 0.1% decline to a 0.3% contraction, reinforcing evidence of persistent weakness in industrial activity. On an annual basis, production deteriorated from -0.3% to -1.1% yoy, marking…
TL;DR: Australia’s September employment contracted by 39,300 and unemployment held at 4.7%, driving interest-rate markets to price less than one more 25bp RBA hike through mid-2027—sending AUD/NZD and AUD/USD both lower, with October 28’s quarterly CPI now the key test of whether that repricing has gone too far. Why This Matters Australian Dollar fell broadly…
Overall, in the last four trading sessions, beginning last Friday (October 9) till Wednesday (October 14), the Rupee has gained 163 paise against the Dollar. The Rupee continues its winning streak against the Dollar, helped by RBI’s measures to curb speculation and volatility in the forex market. The Indian currency opened stronger, below the 95…
DUBAI, UAE – Media OutReach Newswire – 15 October 2026 – FPG Fortune Prime Global (fortuneprime.com) participated in Forex Expo Dubai 2026, held at the Dubai World Trade Centre from 22 to 23 September 2026. At Booth #101, the FPG team met with traders, partners and financial industry professionals from different markets, creating opportunities for…
Brent keeps firm tone and trading near new three-week high on Wednesday, as the latest attack on the Saudi Aramco headquarters further fueled already overheated situation in Yemen, while Iran announced launch of new tactics to control all traffic through Strait of Hormuz. Oil prices remain supported by strong supply worries, with most large economies…
European equities are seeing a moderate rebound for a second session in a row. Today’s trading brings gains in the main indices across the Old Continent, hovering around 0.5%. Switzerland is leading, with SUI20 futures up more than 1%. At the back of the pack are the FTSE and the WIG20, with gains limited to…