Investing.com – The U.S. economy added significantly fewer jobs than first reported during the past year, after a sharp revision to previously published data, likely cementing the probability of an…
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Powell may strike moderate tone at Jackson Hole; unlikely to lean too dovish: Macquarie
Federal Reserve Chair Jerome Powell is expected to adopt a moderate tone during his speech at the Jackson Hole symposium, according to a recent note from Macquarie analysts. While Powell’s…
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By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll,…
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By Huw Jones LONDON (Reuters) – Some of Britain’s car, home and other insurers are still unable to show they provide good outcomes for consumers, the country’s financial watchdog said…
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By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global…
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Bitcoin price today: slides below $60k as Mt Gox token movements rattle sentiment
Investing.com– Bitcoin price slid on Wednesday as Mt Gox appeared to have mobilized about $2 billion worth of tokens, raising concerns over more distributions from the defunct crypto exchange. Broader…
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As Nvidia (NASDAQ:NVDA)’s highly anticipated earnings report approaches, Northland Capital Markets has offered insights into the semiconductor landscape, particularly in relation to the AI trade. While the firm remains cautious…
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Investing.com– Oil prices steadied Wednesday, with traders digesting progress towards an Israel-Hamas ceasefire as well as continued concerns over demand growth in China, the world’s largest importer.. At 09:00 ET…
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Investing.com — The European steel industry faces a unique situation. Traditional steel prices have declined due to market pressures, while “green steel” produced through environmentally friendly methods commands a premium.…
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As the annual Jackson Hole symposium approaches, investors are closely monitoring market signals, particularly in the options market, to gauge expectations. According to Goldman Sachs analysts, option prices on U.S.…