News

The late-night host is in discussions with Disney and ABC about the conditions under which his show could return to air, according to Variety.

Eurozone CFTC EUR NC Net Positions down to €117.8K from previous €125.7K

Gold price reverses its course on Friday after printing back-to-back bearish session, rises over 0.69% despite overall US Dollar strength across the board. Buyers emerged near the lows of the week at around $3,630 and drove the non-yielding metal higher.

Banco de Mexico (Banxico), Mexico’s central bank is expected to reduce its main reference rate by 25 basis points to 7.50% on September 26, revealed a Reuters poll.

West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, extending its losing streak for the third straight day. The US benchmark has surrendered all the gains it notched earlier in the week and is now poised to end the week in negative territory.

Eurozone CFTC EUR NC Net Positions down to €117.8K from previous €125.7K

United States Baker Hughes US Oil Rig Count up to 418 from previous 416

The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, with AUD/USD extending its decline for the third straight day.

Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly noted late on Friday that the Fed’s move to cut rates was to try and bolster a weakening labor market, noting a pointed softening of the US economy over the past year.

The Dow Jones Industrial Average (DJIA) chalked in another slim but decisive gain on Friday, bringing the major equity index’s weekly performance to around a full percentage point gain.