Elinor
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Dow Jones Industrial Average posts moderate advance on thin trading
Dow Jones is leading gains in pre-holiday session on Wednesday. Wall Street Indexes are mixed after a positive opening amid frail market sentiment. Investors are looking from the sidelines ahead of Friday’s PCE Prices Index data. The Dow Jones Industrial Average (DJIA) is leading the major US
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US Targets Qods Force, Houthi, And Hizballah Finance And Trade Facilitators
The U.S. Government has imposed a sixth round of sanctions targeting the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force-backed Houthi financial facilitator Said al-Jamal. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is sanctioning six entities, one in
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European Shares Decline Ahead Of Easter Break
European stocks traded flat to slightly lower on Tuesday as traders looked ahead to the Easter break and the release of key European and U.S. inflation readings for directional cues. Geopolitical tensions also remained in focus after Russian President Vladimir Putin acknowledged for the first time t
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ECB’s Muller: We're closer to point where ECB can start cutting rates
European Central Bank (ECB) policymaker Madis Muller said on Tuesday that “we're closer to a point where ECB can start cutting rates.” Additional quotes Data may confirm inflation trend for ECB’s June meeting. The ECB’s financial-market footprint is decreasing step by step. Market reaction At the ti
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ECB’s Nagel: Probability of a rate cut before the summer break is increasing
European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said on Friday that “the probability of a rate cut before the summer break is increasing.” Additional comments Do not see any automatism in rate cuts. A June rate cut has a higher probability than one in April. Share: Feed ne
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NZD/JPY Price Analysis: Bulls dictate the market rhythm, hinting at temporary selling pressure
On the daily chart, indicators are consolidating but the outlook is favoring the bulls. The hourly chart gives hints of mounting selling traction with indicators deep in the red. The NZD/JPY pair is currently trading at 91.60, slightly down in Thursday's session. Bulls hold a strong command over the
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