By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-percentage-point interest…
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Investing.com — Traders have increasingly positioned themselves for the Federal Reserve to initiate interest-rate cuts at its upcoming meeting in September, according to a report from Reuters. Market participants are…
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By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts…
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By Aleksandar Vasovic and Fatos Bytyci BACKI PETROVAC, Serbia/RAHOVEC, Kosovo (Reuters) – Rastislav Pucovski held a fistful of soy beans shriveled to the size of peppercorns on his farmland in…
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Despite recent market volatility, Barclays analysts maintain that the AI investment theme remains robust. The bank said in a note Friday that while equities have been navigating various challenges—such as…
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Investing.com — The US dollar is expected to face increasing downward pressure in the coming months, despite a recent boost from stronger-than-anticipated economic data. As per analysts at UBS, the…
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Hedge funds delivered a moderate performance in July, rising by 1.2% for the month and 6.4% year-to-date (YTD), UBS noted in a Thursday report. Still, hedge funds underperformed both equities…
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Bitcoin price today: below $60k ahead of PCE data, set for steep August losses
Investing.com– Bitcoin’s price drifted lower on Thursday amid caution over an upcoming U.S. inflation reading that is likely to factor into the outlook for interest rates cuts. But the world’s…
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Investing.com — Investors should be more concerned about the potential burst of the AI bubble than a looming U.S. or global recession, according to strategists at BCA Research. The firm’s…
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all…