Markets
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Gold bulls seem hesitant ahead of Fed decision on Wednesday; downside seems cushioned
Gold regains positive traction on Monday as Fed rate cut bets continue to undermine the USD. Geopolitical risks further benefit…
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Bitcoin Rebounds Above $90k
Cryptocurrencies are gradually recovering at the start of Monday’s session. The weekend did not bring a cascading sell-off after Friday’s…
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EUR/USD – JP Morgan Recommendation
JP Morgan issued a recommendation for the EURUSD currency pair. The Bank recommends taking a long position on the pair…
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Chart of The Day – OIL.WTI.
WTI crude prices have stabilized around 60–61 USD per barrel. The market is trying to balance India’s renewed purchases of…
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The Week Ahead: Fed rate cut all but certain
The focus at the start of this week is likely to remain on the Netflix/ Warner Bros deal, after President…
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Iron Ore Falls as China Imports Decline
Iron ore futures fell toward CNY 760 per ton, touching a five-month low after data showed China’s iron ore imports…
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India Shares Break Two-Day Winning Streak
The BSE Sensex fell 229 points, or 0.3%, to 85,484 in early deals on Monday, erasing gains from the previous…
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South Korean Shares Rise on Fed Rate Cut Optimism
The benchmark KOSPI rose by 0.22% to around 4,108 on Monday, extending gains for another session as investors await this…
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Dollar Holds Losses Ahead of Fed Meeting
The dollar index traded below 99 on Monday after two consecutive weeks of declines, pressured by expectations that the Federal…
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Hong Kong Shares Start the Week Lower
Hong Kong stocks lost 165 points, or 0.6%, to 25,915 in Monday morning trade, snapping a two-session rise as most…
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