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Mohamed Abdelhamid

FOMC Set to Cut Rates Again — Eyes on Powell as Markets Watch for End to Tightening

The U.S. dollar traded slightly lower on Tuesday as investors positioned themselves ahead of the much-anticipated Federal Reserve policy announcement. With the two-day Federal Open Market Committee (FOMC) meeting underway, markets are overwhelmingly expecting a 25-basis-point rate cut — and are watching closely for signs that the central bank could …

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Pound Steadies as Softer U.S. Inflation Fuels Fed Rate-Cut Hopes

The British pound began the week with a modest rebound against the U.S. dollar, supported by renewed optimism over potential Federal Reserve rate cuts and improving global risk sentiment. The GBP/USD pair hovered near 1.3320, recovering slightly from last week’s pullback as traders reacted to the latest U.S. inflation figures.Recent …

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Wall Street Soars as US–China Trade Deal Hopes Ignite Market Optimism

The Dow Jones Industrial Average broke new ground on Monday, hitting an all-time high above 47,500 as investors cheered signs of progress in trade negotiations between the United States and China. The rally reflected a broader wave of optimism sweeping through markets, with hopes that renewed talks could ease long-standing …

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Crude Oil Prices Steady as Sanctions and Surging Supply Pull Markets in Opposite Directions

Oil prices held firm on Monday, balancing between fresh geopolitical tension and swelling production levels that kept traders cautious about the global supply outlook. The market saw a modest uptick as investors weighed the impact of new U.S. sanctions against Russia’s energy sector against record-breaking output from Iraq.Crude oil hovered …

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