SuchananOjoy
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CAC 40 Dips With Rate-cut Bets Back In Focus
French stocks were subdued on Thursday as softer U.S. consumer inflation data brought Fed rate cuts back into focus. Closer home, the European Central Bank is widely expected to start cutting interest rates from a record high in June, with economists expecting up to three rate cuts this year. The be
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Small business optimism brightened in April
Summary Small business optimism turns up The NFIB Small Business Optimism Index rose slightly in April to 89.7, ending a three-month streak of declines. Although modest, the upturn was driven by higher expectations for sales and easing cost pressures. Inflation is still a challenge, but a drop in th
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Today brings the April PPI report – Tomorrow is the CPI
Slippery when wet – markets remain a bit cautious. The Frisky Kitty is back, and the shorts got clobbered. Today brings the April PPI report – tomorrow is the CPI. Markets bracing for a 1% move – many asking which way? Oil is up – think Chinese demand and Canadian supply disruption. Futures are marc
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Gold Price Forecast: XAU/USD extends the rally near $2,360 amid geopolitical risks
Gold price kicks off the new week on a positive note around $2,360 on Monday. The hawkish comments from the US Fed might weigh on the yellow metal. The escalating Middle East geopolitical tensions could cap the downside of the gold price. The gold price (XAU/USD) extends its upside near $2,360 on Mo
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Pull-up Update