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Navigating the complexities of taxes and precious metals in today's economy [Video]
In a recent episode of the "Money Medals Midweek Memo," host Mike Maharrey offered an in-depth look at tax day experiences, precious metals markets, and broader economic issues. Mike began by sharing a personal anecdote about the burden of writing a significant check to the IRS on tax day, reflectin
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Oil risks remain tilted to the upside
He said it. Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end of last year. The three straight month of rising inflation in the US convinced the Fed Chair - as ma
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Treasuries See Further Downside Amid Ongoing Interest Rate Worries
After ending the previous session substantially lower, treasuries saw some further downside during trading on Tuesday. Bond prices fluctuated over the course of the session but largely maintained a negative bias before closing moderately lower. Subsequently, the yield on the benchmark ten-year note,
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IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks
The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven "surprisingly resilient" despite inflationary pressures and monetary policy shifts. The IMF now expects global growth of 3.2% in 2024, up by a modest 0.1 percentage point from its ear
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Turkey Retail Sales Growth Strongest In 7 Months
Turkey's retail sales expanded at the fastest pace in seven months in February, data from Turkstat showed on Tuesday. Retail sales surged 25.1 percent annually in February, much faster than the 13.7 percent increase in the previous month. Sales have been rising since June 2020. Further, the latest i
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German Wholesale Prices Fall 3.0%
Germany's wholesale prices continued to decline in March, and at a steady pace, data from Destatis showed on Tuesday. Wholesale prices dropped 3.0 percent on a yearly basis, the same as in February. Wholesale prices have been falling since April 2023. Month-on-month, wholesale prices rebounded 0.2 p
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Croatia’s speeding convergence
On the radar Croatia will release final inflation footprint at 11 AM CET. Poland will publish core inflation in the afternoon. Otherwise, there are no releases scheduled. Economic developments Stellar post pandemic recovery helps Croatia’s in convergence. Croatian economy has surprised to the upside
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Pull-up Update