The Australian dollar starts the week a little chastened and under pressure in the 0.7140-50 area, having surrendered close to a cent from last week’s highs as a mix of familiar risks resurface and new ones emerge. Middle East oil supply risks have returned, with Saudi Arabia’s East-West pipeline shut and efforts to establish a […]
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Key Highlights Bitcoin retested the key support at $76,350 and remained in a range. BTC/USD could face hurdles near $78,400 and $79,145 on the 4-hour chart. Ethereum is still struggling to settle with a daily Read more…
China’s August data showed a widening divergence between industrial production and domestic demand. Industrial production accelerated from 4.5% to 5.2% year on year, beating the 4.8% consensus. In contrast, retail-sales growth slowed from 0.6% to Read more…
Reformation, the largest sustainable womenswear brand, which went public in July, is betting that shoppers still want physical fashion stores. Another gamble: that opening new stores can help grow its online business, too. The fashion Read more…