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AUD/JPY gains on growing expectations for a more hawkish RBA
AUD/JPY continues its winning streak after the stronger Australian CPI was released on Wednesday. Australia’s 10-year government bond yield has surged to 4.49% near five-month highs on waning expectations of the RBA rate cuts. The Japanese Yen continues to depreciate as the BoJ is expected to abstai
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Taiwan Stock Market May Be Stuck In Neutral On Thursday
The Taiwan stock market has moved higher in consecutive trading days, accelerating more than 700 points or 3.5 percent along the way. The Taiwan Stock Exchange now sits just above the 20,130-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets suggests li
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Canadian Dollar Drops As Retail Sales Fall Unexpectedly
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February. Data from Statistics Canada showed that retail sales fell 0.1 percent in February following a 0.3 percent drop in the previous month. Econ
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Tesla jumps despite earnings miss
Tesla’s Q1 results didn’t look good at all. The revenue dropped 9% - the first revenue drop in four years - and net income plunged by 55% compared to the same time last year. And these numbers were not only bad, but they were also worse than the expectations for the 3rd straight month. Yet investors
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Exploring the Best Dandeli Resorts for a Tranquil Retreat — Kings Resort
Dandeli, where excitement and peace coexist among breathtaking Dandeli views. Travellers seeking a tranquil haven in the middle of the wild can find Dandeli which is tucked away in the heart of the Karnataka forest. Select us and embark on the serene and collected experience of Dandeli Resort&n
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Asian Shares Mixed Ahead Of Big US Earnings
Asian stocks turned in a mixed performance on Tuesday as investors watched the latest developments in the Middle East and looked forward to earnings results from U.S. titans including Amazon, Apple, Netflix and General Motors for directional cues. Key U.S. growth and inflation data also remained on
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USD/JPY jumpy as Japan’s core CPI eases
The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down 0.04%. Japan’s core CPI falls to 2.6% Japan’s nationwide CPI, which excludes fresh food, rose 2.6% y/y in Marc
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Asian Shares Gain As Dollar And Yields Ease
Asian stocks rose broadly on Thursday, as the dollar and U.S. Treasury yields retreated from recent highs and Taiwan Semiconductor Manufacturing Corp, the world's largest producer of advanced processors, clocked a stronger-than-expected first-quarter profit on strong AI chip demand. The result contr
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European indices on the rise, as they continue to outperform their US counterparts
European indices on the rise, as they continue to outperform their US counterparts. US semiconductors in focus after TSMC earnings. Crude slump helps ease inflation fears. European markets are enjoying a strong start to the trading day, as the bulls seek to step in to rescue what has been a pretty d
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WTI extends its downside below $82.50 on crude inventory build
WTI trades in negative territory for the third consecutive day near $82.25 on Thursday. A rise in US crude inventory and a higher possibility of delay rate cuts from the Fed drag the black gold lower. Oil traders will monitor the development surrounding Middle East geopolitical tensions. Western Tex
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Pull-up Update