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Tuesday, 29 September 2026

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Economy

FX Outlook: As Hawkish as It Gets

Spot Gold dropped $56.10 or 1.33% to $4,152.90 at 17:46 GMT Friday, extending the selling into the end of the week after the most consequential Fed meeting in months. For the week the metal lost 1.55%. This was not a ge…

Breaking: Bank of England keeps its policy rate at 3.75%

At its September meeting, the Bank of England (BoE) held its policy rate at 3.75%, as markets had anticipated. The vote, however, exposed a split on the Monetary Policy Committee (MPC) as three members supported a 25-ba…

Capricorn Energy agrees to revised DNO takeover terms

NEXT reported group sales including subsidiaries up 9.0% and profit before tax up 10.5% to £569m. The company increased full-year profit guidance by £12m to £1,255m, citing a small upgrade in sales expectations and a…

Indian Rupee finds interim support from RBI's intervention

The Indian Rupee (INR) finds some buying interest against the US Dollar after a weak opening on Thursday. According to a Reuters report, the Indian central bank has likely intervened to limit the decline in the Indian R…