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Author
Ahmed Ashraf
Research Department at LDN Global Markets
Global Economic Leaders Concerned Over Potential Trump Return as U.S. Election Nears
At the annual meetings of the International Monetary Fund and World Bank, multiple economic issues topped the agenda, such as slow growth, rising debt, and escalating conflicts. However, discussions largely focused on the potential impacts…
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European stocks and U.S. futures recover as dollar weakens
European markets saw a rise in trading on Thursday, as European stocks and U.S. futures rebounded after a strong sell-off the previous day, while the dollar weakened against major currencies like the euro, yen, and pound sterling.
The…
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Citi Raises Gold Price Forecast to $2,800 in 3-Month Outlook
CitiBank raised its three-month gold price forecast, citing several key factors, including a potential deterioration in the U.S. labor market, Federal Reserve trends toward cutting interest rates, and increased demand for gold, both…
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UBS: Oil fundamentals remain bearish
A recent report by UBS indicates that the fundamentals of the oil market remain under selling pressure despite rising geopolitical risks. Although the conflict in the Middle East initially raised concerns about potential supply disruptions,…
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Top 3 things to watch in markets in this week
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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US dollar continues its rise, supported by Federal policy
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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British Inflation Weakens Pound and Dollar Strengthens on Fed
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 erase last week’s gains
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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Dollar Holds Near Highs as Investors Assess China’s Stimulus
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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