Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world’s second-largest consumer, and forecasts of a global oil surplus weighed on markets. Brent crude futures gained 20 cents, or 0.3%, to $71.24 a barrel by 0130 GMT, while U.S. West
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The Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese economy is recovering moderately despite weak signs. Key quotes Japan’s economy recovering moderately despite weak signs. Will increase interest rates upon realization of strong economic outlook. To increasingly raise policy rate to adjust monetary support in line with economic and price forecasts.
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UPCOMING EVENTS: Monday: US NAHB Housing Market Index. Tuesday: RBA Meeting Minutes, Canada CPI, US Housing Starts and Building Permits. Wednesday: PBoC LPR, UK CPI, Eurozone Wage Growth. Thursday: Canada PPI, US Jobless Claims. Friday: Australia/Japan/EU/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales. Tuesday The Canadia CPI Y/Y is expected at 1.9%
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Credit Agricole argues that despite similarities, 2025 will not be a redux of the USD’s 2018 rally driven by Trump-era policies. Differences in economic conditions, monetary policy, and the USD’s current strength suggest that the dynamics underpinning the dollar’s movement will differ significantly from 2018. Key Points: Divergent Economic and Monetary Conditions: In 2018, strong
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ETMarkets.com| Nov 15, 2024, 10:06:46 AM IST 1/7 5 Essential Pillars of Fundamental Analysis Analyzing a company’s fundamentals is the foundation of informed investing. ETMarkets engaged with Raj Vyas, Vice President of Research at TejiMandi, to delve into five essential pillars of fundamental analysis: Sales Growth, Operating Margins, Cash Profits, Debt Levels, and Valuation. iStock
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In this article RKLB Follow your favorite stocksCREATE FREE ACCOUNT Rocket Lab Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period
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Written by , ETMarkets.com| Nov 15, 2024, 12:53:35 PM IST 1/11 Stock Ideas Amid recent market corrections, Jefferies has highlighted 10 stocks with strong potential for recovery, recommending a ‘Buy the Dip’ strategy. Stocks such as Hindustan Aeronautics (HAL), Punjab National Bank (PNB), and IDFC First Bank stand out, with their valuations down significantly from their
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Dollar regained its dominance in the currency markets last week, surging ahead despite US Treasury yields struggling to break through resistance levels. Investors continued to adjust their expectations for Fed’s monetary policy, increasingly anticipating a slower pace of interest rate cuts with fewer adjustments in the coming year. This shift in sentiment was also reflected
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GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600 The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback. Soft UK GDP coupled with robust US Retail Sales figures boosted the US Dollar and weighed on GBP/USD, which trades at 1.2636, down 0.22%. Read More… GBP/USD resumes downside bias after release
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