Beryl
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U.S. GDP Climbs Much Less Than Expected In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter of 2024. The Commerce Department said gross domestic product increased by 1.6 percent in the first quarter after surging by 3.4 percent in the fourth quarter of 2023.
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Dow Jones Industrial Average churns on Wednesday as investors wait for signs
Dow Jones falls back below 38,400 and then recovers as risk appetite wobbles. US Durable Goods Orders missed forecasts, but still climbed. US GDP, PCE inflation are key data highlights for the rest of the week. The Dow Jones Industrial Average (DJIA) stumbled on Wednesday, falling from recent highs
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GBP Is Correcting Up
#GBP/USD# The British pound (GBPUSD) is currently just above 1.235, hovering near its lowest level since November 2023. Investors are carefully evaluating how strong recent UK PMI data might influence future monetary policy decisions. The latest PMI figures indicated that business acti
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Gold price slides even without Dollar’s help
Gold slides once again today, proving that yesterday’s $67 slide was not accidental. Recent trends in Gold and USD index And it’s happening without a rally in the USD Index. So, yes, the price of the yellow metal can indeed move also down, not only up. And since the medium-term trend in junior minin
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XAG/USD Elliott Wave technical analysis [Video]
Silver Elliott Wave analysis Function -Trend. Mode - Trend. Structure - Impulse for (A). Position - Wave 3 of (A). Direction - Wave 4 of (A). Details - Currently in wave 4 dip before further rallies for wave 5 of (A) higher. We should see one more leg lower for wave 4. Not much has changed since the
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Sensex, Nifty Seen Opening Up As Middle East Tensions Ease
Indian shares are likely to open higher on Monday as investors keep a close eye on the Middle East conflict and oil price movements. Geopolitical tensions eased somewhat as Israel and Iran played down the risks of an escalation in hostilities. Asian markets were broadly lower this morning, the dolla
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UK inflation eases less than expected to 3.2% in March
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday. That was slightly higher than the forecast from economists polled by Reuters of 3.1%, but was down from 3.4% in February. Food prices provided the biggest downward drag on the headline rate, the ONS s
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