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.…
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Investing.com – The U.S. dollar has had a difficult summer so far, and Capital Economics sees more downside over the next couple of years, citing unfavorable rate differentials and continued…
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Investing.com — China’s steel market has seen a major price decline last week, as per analysts from BofA Securities. Steel export prices from China fell sharply, with hot rolled coil…
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By Mei Mei Chu and Nigel Hunt BEIJING/LONDON (Reuters) -China has opened an anti-subsidy probe into imported dairy products from the European Union, stepping up tension with the bloc a…
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Investing.com — Emerging market (EM) foreign exchange (FX) is expected to perform better in a potential hard landing scenario than in previous similar episodes, as per analysts at BofA Securities…