Ahmed Ashraf

1- Tesla's Upcoming Earnings Report: As earnings season approaches, Tesla is set to be one of the first major U.S. tech companies to reveal its financial results, which will be announced after trading closes on Wednesday. Tesla’s stock has…
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The U.S. dollar rose against most major currencies on Tuesday, continuing its upward trend that pushed it to its highest level in over two months. This movement was supported by expectations that the Federal Reserve will continue to…
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The Pound Sterling fell to a two-month low on Wednesday following weaker-than-expected inflation data from the UK. This data opened the door for the Bank of England to accelerate the pace of interest rate cuts. Meanwhile, the euro hit its…
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Oil prices saw a significant decline at the start of this week’s trading, wiping out all the gains made last week. This drop was due to investor disappointment in China’s announced stimulus plans, which failed to meet market expectations…
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The U.S. dollar remained steady at its recent highs on Monday as investors processed China’s weekend stimulus announcements, which fell short of expectations. Meanwhile, the euro continued its decline ahead of the European Central Bank…
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The U.S. dollar rose on Wednesday amidst global market uncertainty, with the Dollar Index, which measures the performance of the U.S. currency against a basket of six major currencies, increasing by 0.1% to reach 100.969. This followed a…
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The euro strengthened on Monday following the release of German inflation data, while commodity-linked currencies gained amid hopes for a recovery in China’s economy. Meanwhile, the Japanese yen remained steady as markets reacted. On the…
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U.S. stock futures opened the week steady, as attention shifts to Federal Reserve Chair Jerome Powell’s speech and the upcoming nonfarm payrolls report set to be released later this week. In a separate development, California’s governor…
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In a move that underscores its commitment to achieving this year’s economic growth target of around 5%, Chinese leadership pledged on Thursday to implement "necessary fiscal spending." This approach comes in response to new economic…
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The Swiss National Bank reduced its key interest rate by 25 basis points to 1.0% in its latest meeting on Thursday, marking the third consecutive cut in a series of moves aimed at adapting to current economic conditions. This action…
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