Commons
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Hang Seng Index: Oversold-led positive animal spirits overshadowed currency war risk
The Hang Seng Index has transformed into a medium-term uptrend phase with key support at 17,110. Momentum factor is now taking a front seat over fundamentals such as the deflationary risk spiral. A softer than-expected China CPI and PPI prints for April may further erode consumer confidence. A yuan
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New Zealand Manufacturing Index Improves In April - BusinessNZ
The manufacturing sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a score of 48.9. That's up from the downwardly revised 46.8 in March (originally 47.1), although it remains beneath the boom-or-bust line of 50 t
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Nadine Adam Approach to Healthcare Equality in East Africa | Nadine Adam Chemtech
This geographical barrier exacerbates health disparities and impedes timely treatment for various health conditions. This is where Nandine Adam Chemtech can help because it is a distribution company which supplies all types of medical equipment, medicines and other medical help if someone needs it.
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US indices are heading towards highs
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq100 indices are just 1.5% below the all-time highs set in March. The market downturn in the first three weeks of Apri
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AUD/JPY hovers around 102.00 amid less hawkish RBA
AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less hawkish RBA despite higher inflation in March. The Japanese Yen struggles despite the potential for intervention by Japanese authorities. AUD/JPY hovers around 102.00 during the
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USD/CHF holds a position above 0.9050 amid firmer US Dollar
USD/CHF maintains its position amid an upward correction in the US Dollar. The recent lower US labor data has revived hopes for rate cuts by the Fed in 2024. The Swiss Unemployment Rate (MoM) was recorded at a non-seasonally adjusted 2.3% in April, from 2.4% prior. USD/CHF treads water to hold posit
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Military tension - positive Gold price
#XAU/USD# ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold's value is on the rise, driven by a weaker US dollar following recent Nonfarm Payrolls data that suggests possible Federal Reserve rate cuts. This situation could make gold cheaper for foreign buyers, with strong d
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Stagflation warning: Service economy contracts as prices rise
In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose. The Institute for Supply Management's non-manufacturing PMI dropped to 49.4 in April, dipping from 51.4 in March. The expectation was for the index to increase to 52.0. A PMI reading below 5
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Gold price increased unexpectedly !! MONDAY
#XAU/USD# ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) loses momentum at $2,295 early Monday. Investors are eyeing Fedspeaks this week and the US Michigan Consumer Sentiment Index for May on Friday. The US Dollar Index (DXY), a gauge of USD value agains
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