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The Dow Jones closed above the 40,000 level for the first time on Friday, as US indexes hovered near their record highs, concluding another winning week. A combination of softer-than-expected...
Nomura adjusted its forecast for the European Central Bank's (ECB) monetary policy, abandoning its previous expectation for a rate cut in July. The financial services group now anticipates a series...
Investing.com - The U.S. dollar is on track for a hefty weekly fall on renewed dovish hopes for the Federal Reserve, but this selling “looks exaggerated”, according to HSBC. At 05:25 ET (09:25 GMT),...
Investing.com - European stock markets retreated marginally Friday, ahead of the release of key inflation data amid uncertainty over future interest rate moves. At 03:10 ET (07:10 GMT), the DAX index...
By Shariq Khan NEW YORK (Reuters) - Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand...
Investing.com - The U.S. dollar steadied in European trade Thursday, after dropping to multi-week lows overnight in the wake of a milder U.S. inflation report, which brought Fed rate cuts back into...
By Katya Golubkova TOKYO (Reuters) - Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected,...
Investing.com - The foreign exchange market appears to be turning bearish on the U.S. dollar, according to Bank of America (NYSE:BAC) Securities, suggesting the EUR/USD pair is on the verge of a...
Investing.com - The U.S. dollar usually enjoys the month of May, according to analysis from UBS, but this year seems to be different. “May has historically been a positive month for the dollar: our...
Investing.com - The U.S. dollar steadied Tuesday, largely drifting ahead of the release of key inflation data that are likely to factor into the outlook for interest rates. At 03:30 ET (08:30 GMT),...
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