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Oil spikes after Israel’s retaliatory strike on Iran
Oil retreats from its peak above $85 after news that Israel reportedly launched a retaliatory strike on Iran. WTI Oil prices broke above $85.00, while Brent pricesbriefly ticked $90. The US Dollar Index advances in the green as risk-off sentiment prevails. Oil prices jumped higher on early Friday tr
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WTI surges to $85.00 amid Israel-Iran tensions
WTI snaps the three-day winning streak near $85.00 on Friday. Israel retaliates as missiles strike a site in Iran, boosting the black gold price. The expectation that the US Fed will delay interest rate cuts to September might cap the WTI’s upside. Western Texas Intermediate (WTI), the US crude oil
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LLY Should Provide Opportunity In Few Weeks
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is having around 739 B market cap as on 8-April-2024. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as “LLY” ticket at NYSE. As showing in the previous article f
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Commodities remain in focus, with crude easing back for now
European markets on the rise despite German export decline. Upcoming US inflation data could stifle recent optimism. Commodities remain in focus, with crude easing back for now. European indices are on the front-foot in early trade, with investors taking on a positive tone despite a somewhat concern
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Pull-up Update