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Oil Prices Decline as U.S. Production Resumes and Rig Count Rises
Oil prices eased on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and data revealed an increase in the U.S....
US Fed Rate Cut: Analysts Recommend Top IT Stocks to Buy Ahead of Key Decision
As anticipation builds for next week's Federal Reserve meeting, experts suggest that a potential aggressive interest rate cut could drive significant gains in rate-sensitive...
Stocks End Strong Week with Significant Gains as Jumbo Fed Rate Cut Odds Increase
New York, Sept 14 — U.S. stocks wrapped up a remarkable week with substantial gains, fueled by rising expectations for a significant interest rate...
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GBP/USD Forecast Update – September 13, 2024
The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This...
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EURUSD Price Forecast Update – September 13, 2024
The EURUSD currency pair has continued its upward movement, now approaching the 1.1100 level. A breach of...
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CADJPY Faces Strong Support: Forecast for September 13, 2024
On September 12, 2024, the CADJPY currency pair encountered robust support at the 61.8% Fibonacci retracement level,...
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EU, India relaunch talks for free trade agreement
The European Union and India on Friday relaunched negotiations to forge a free trade agreement, with the aim of completing talks by the end...
Indonesia looks to plug shortage of chicken supplies in Singapore
Indonesian authorities hope to reach an agreement with Singapore to start exporting chickens within weeks, officials said, as the city-state scrambles to find alternative...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Asia shares turn lower, no dodging recession risks
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S. Federal Reserve...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
IMF delegation visits crisis-hit Sri Lanka with time running out
An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...