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Understanding the NYSE Composite Index: A Full Guide
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The NYSE Composite Index is a significant benchmark that provides a comprehensive view of the New York Stock Exchange (NYSE). As one of the...
The probability of the Fed raising interest rates by 25 basis points in July is 74.4%
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On June 26, according to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged at 5.00%-5.25% in July is...
Digital RMB cross-border retail payment cooperation enters the second phase of testing
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On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the...
Wall Street analysts and average investors are slightly bearish on gold, survey shows
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On June 25, a survey by the precious metals website Kitco showed that both Wall Street analysts and ordinary retail investors were slightly bearish...
Russia remains the only country in Europe to see food prices drop in May
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Russia remained the only country in Europe to see a drop in food prices in May, with a record 1.12% fall in annualized terms,...
Japan plans to issue a new version of banknotes in July next year
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On June 25, it was reported that the front of the new 10,000-yen banknote was printed with a portrait of industrialist Eiichi Shibusawa, known...
Moody’s revises baseline assumptions for Fed’s monetary policy
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On June 25, Moody's believed that compared with the last time, the rating agency's baseline assumptions for the Federal Reserve's monetary policy have changed...
ECB Vice President Guindos: ECB enters final phase of rate hike
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On June 25, Guindos, the vice president of the European Central Bank, said in an interview with the Spanish Abezai newspaper that the European...
SWIFT: Renminbi remains the world’s fifth most active currency in May
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According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency...
Unraveling the Effects: What Happens When Bond Yields Rise
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Bond yields play a significant role in the global financial markets, influencing borrowing costs, investment decisions, and economic conditions. When bond yields rise, it...
Web 3.0: A Comprehensive Guide to Accessing the Next Internet Era
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The evolution of the internet has led us to the dawn of Web 3.0, a new era characterized by decentralization, blockchain technology, and enhanced...
The Returns in Mutual Funds: What You Need to Know
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Mutual funds have emerged as popular investment vehicles, offering individuals the opportunity to participate in diversified portfolios managed by professionals. When considering investing in...