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  • Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment

    Dollar Edges Lower; Chinese Growth Data Boosts Risk Sentiment0

    The U.S. dollar slipped lower in early European trade Tuesday, handing back some of the overnight gains as healthy Chinese growth data boosted risk sentiment. At 02:05 ET (06:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 101.707, after rising 0.5% overnight. China’s post-COVID

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  • Asian Stocks Flat, Chinese Markets Rise On Recovery Hopes

    Asian Stocks Flat, Chinese Markets Rise On Recovery Hopes0

    Asian stocks flat, Chinese markets rise on recovery hopes Most Asian stocks moved little on Monday tracking hawkish comments from Federal Reserve officials, while Chinese markets outperformed as the People’s Bank maintained medium-term lending rates ahead of a swathe of economic readings. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose about 0.8% each

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  • Gold Extends Gains, Set For Bumper Week Amid Softer Inflation

    Gold Extends Gains, Set For Bumper Week Amid Softer Inflation0

    Gold prices rose for a fourth straight session on Friday following more signs that U.S. inflation was easing, while persistent fears of a 2023 recession also underpinned safe haven demand for the yellow metal. Data on Thursday showed that U.S. producer price index inflation grew at a slower pace in March, coming a day after

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  • Gold Pushes Further Past $2,000 As Fed’s Kasha Kari Flags Recession

    Gold Pushes Further Past $2,000 As Fed’s Kasha Kari Flags Recession0

    Gold prices rose past key levels on Wednesday, boosted by safe haven buying after Minneapolis Federal Reserve President Neel Kashkari flagged a potential recession this year, with focus also turning to more U.S. economic cues due later in the day. Kashkari said that rising interest rates and a slowdown in lending after the collapse of

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  • Inflation Could Make Or Break Rebounding 60/40 Portfolio

    Inflation Could Make Or Break Rebounding 60/40 Portfolio0

    An investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge on whether inflation continues to ebb in coming months. So-called 60/40 portfolios typically allocate 60% of their assets to stocks and the rest to bonds, though proportions tend to vary. The strategy counts on the

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  • Remarkable Accomplishment IS Crucial For DRIVING Achievement

    Remarkable Accomplishment IS Crucial For DRIVING Achievement0

    Excellency Notable Honors: Committed TO Regarding The individuals WHO Do an amazing job Excellency Notable Honors furnishes organizations and people with the chance to earn worldwide respect for their accomplishments in the business circle. By entering our lofty honors program, you can put your achievements on a worldwide stage and get the acknowledgment that you

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  • Dow Futures Move Higher After indices Retreat, Job Openings slow

    Dow Futures Move Higher After indices Retreat, Job Openings slow0

    U.S. stock futures were trading slightly higher during Tuesday’s evening deals, after the major benchmark indices posted a negative session amid consolidation after JOLTs job openings data fell to a 2-year low. By 6:55pm ET (10:55pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were each trading 0.1% higher. In extended deals,

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  • Credit Suisse Faces Anger At Final Shareholder Meeting

    Credit Suisse Faces Anger At Final Shareholder Meeting0

    Credit Suisse will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS. The hastily-arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely wiped out

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  • Asian Stocks Edge Up As Markets Digest Oil Rally, China Tech Surges

    Asian Stocks Edge Up As Markets Digest Oil Rally, China Tech Surges0

    Most Asian stocks crept higher on Monday as risk appetite persisted on softer-than-expected U.S. inflation readings from the prior week, although a spike in oil prices saw markets remain wary of a potential resurgence in inflation over the coming months. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 0.9% and 0.6%, respectively, buoyed

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