In its Semi-Annual Monetary Policy Report published on Friday, the Federal Reserve (Fed) noted that they have seen modest further progress on inflation this year but added that they still need greater confidence before moving to rate cuts. The US Dollar Index showed no immediate reaction to this publication and …
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U.S. stock index futures remained mostly unchanged on Friday as markets reopened after the July 4 holiday. Investors eagerly awaited the release of the Labor Department’s non-farm payrolls report, which is expected to provide further insight into the labor market’s condition. A softer reading of the report, indicating a slowdown …
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Bitcoin’s price took a nosedive on Friday, sinking to a four-month low as concerns over the impending distribution of stolen Bitcoin by the defunct crypto exchange Mt Gox intensified. The situation was further compounded by reports of German police moving $75 million of confiscated crypto onto exchanges, sparking fears of …
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Bitcoin’s price took a nosedive on Friday, sinking to a four-month low as concerns over the impending distribution of stolen Bitcoin by the defunct crypto exchange Mt Gox intensified. The situation was further compounded by reports of German police moving $75 million of confiscated crypto onto exchanges, sparking fears of …
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Gold prices continued their upward trajectory in Asian trading on Friday, building on recent gains as the dollar weakened ahead of crucial nonfarm payrolls data, which is expected to offer further insights into the future of interest rates. Key Points: Gold Gains Momentum: Spot gold rose 0.3% to $2,363.61 an …
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Asian stock markets presented a mixed picture on Friday. Chinese stocks declined due to new European Union tariffs on electric vehicle imports, escalating trade war concerns. Conversely, South Korean markets outperformed, driven by gains in Samsung Electronics, which reported a significant surge in Q2 profits, primarily attributed to increased demand …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices experienced mixed trading in the previous session, encountering resistance at the 83.90 level and failing to break through. However, the price remains within the bullish context and is supported by the 50-day simple moving average around 82.50. Technical Outlook: On the 4-hour chart, the price …
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