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Gold prices retreated in Asian trading on Thursday, remaining close to their recent lows, as the Federal Reserve lowered its expectations for interest rate cuts this year, further challenging the yellow metal. Gold losses occurred despite…
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The British labor market showed further signs of slowdown in April with a rise in the unemployment rate. A Reuters poll of economists had predicted that the unemployment rate would remain stable. The Office for National Statistics said:…
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Robert Holzmann, a member of the European Central Bank's monetary policy committee, said on Saturday that it is too early to know if the European Central Bank has begun a shift towards lowering borrowing costs after cutting the key interest…
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The Top 3 Things to Watch in the Markets Next Week  1- Federal Reserve Decision: - At the conclusion of the Federal Reserve's meeting on Wednesday, market watchers will focus on the number of interest rate cuts officials will signal for…
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Oil prices rose for the second consecutive session on Thursday amid growing expectations that the Federal Reserve would cut interest rates in September. However, the increase in US inventories and the OPEC+ plan to increase supplies…
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A group of strategists at UBS Bank stated that there is a "significant amount of uncertainty" surrounding the extent to which the Federal Reserve will cut interest rates in the current cycle. While the consensus among investors leans…
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Bank of Japan Governor Kazuo Ueda said on Tuesday that the central bank's basic stance is to allow market forces to determine long-term interest rates while maintaining a gradual reduction of its massive bond purchases. Deputy Governor…
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Bank of America Securities said its clients have been net sellers of U.S. stocks for the fifth consecutive week, amounting to a total of $5.7 billion. According to Bank of America, this represents the largest exodus since last July and the…
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Oil prices fell by up to one percent in Asian trading on Tuesday, extending their losses after reaching their lowest levels in four months recorded in the previous session, amid investors' concerns about rising supplies later in the year…
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The top 3 things to watch in the markets next week: 1. European Central Bank Interest Rate Decision: The European Central Bank (ECB) is likely to become the first major central bank to cut interest rates in this cycle on Thursday.…
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