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Fed's Williams: No urgency to cut rates
New York Federal Reserve President John Williams said on Thursday that he doesn't feel an urgency to cut rates, per Reuters. Key takeaways Fed is data dependent and the data have been very good." "We have a strong economy." Fed rates haven't caused the economy to slow too much." "Economic imbalances
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China Stocks Likely To Remain Rangebound On Wednesday
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the three-day slide in which it had fallen more than 30 points or 1 percent. The Shanghai Composite Index now sits just beneath the 3,010-point plateau and it's expected to
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FTSE 100 deep in the red
The risk-off moves continue in stock markets, as investors await the Israeli response to Iran's attacks, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. Stocks remain deep in the red “It has been another tough day for global markets, and limited gains in the US are disappea
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"Analyzing Price Dynamics: Rejection of Daily Resistance and Potential Bullish Momentum Towards Weekly Zone"
The recent rejection of the daily resistance level at 1.7129 in the price suggests a notable development in the market dynamics. This rejection potentially signifies a robust bullish momentum that could propel the price towards the weekly zone at 1.72196. As such, it is prudent for traders an
- FOLLOWME Support :Weibo has obtained the basic prize in the Opinion Leader Program: 50 FOCIN that can withdraw. Click to know more details about //socia...
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Hungary Inflation Slows To 3.6%, Lowest In Over 3 Years
Hungary's inflation eased further in March to the lowest level in just over three years, largely due to a slowdown in food prices along with cheaper costs for utilities, the Hungarian Central Statistical Office said on Thursday. Consumer prices climbed 3.6 percent year-on-year in March, slightly slo
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USD/CHF gains traction above 0.9100 ahead of US PPI data
USD/CHF gains momentum near 0.9125 on Thursday. The headline US CPI rose 0.4% MoM in March, while the yearly CPI figure advanced 3.5% YoY, hotter than expected. The uncertainty and ongoing geopolitical tensions in the Middle East might lift the CHF and cap the pair’s upside. The USD/CHF pair trades
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