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The U.S.-Russia phone call dragged down oil prices by more than 3%, and gold bul
Basic news: On Friday (October 17, Beijing time), spot gold was trading around US$4,361.62 per ounce. The price of gold continued to hit a new all-time high on Thursday, approaching US$4,380 per ounce. Due to the intensification of trade tensions and the shutd...
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Federal Reserve Governor Waller advocates gradual interest rate cuts. Analysis o
Global Market Overview 1. The three major stock indexes in Europe and the United States have mixed gains and losses. The Dow Jones Industrial Average fell 17.15 points, or 0.04%, to 46253.31 points; the Nasdaq rose 148.38 points, or 0.66%, to 22670.08 points; ...
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Will the Fed cut interest rates again? , gold hits record high again
Gold prices extended their all-time gains to a new all-time high above $4,240 early on Thursday after rising more than 1.5% on Wednesday. Gold pulled back lower but remained above $4,200 as markets stabilized during the European session. Investors will be clos...
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Markets have priced in aggressive interest rate cuts, the Fed initiates easing b
Asian Market Trends On Wednesday, the US dollar index fell for the second consecutive trading day, falling below the 99 mark and continuing to fall. As of now, the US dollar index is quoted at 98.61. Overview of the fundamentals of the foreign exchange market....
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Trump confirms that he has authorized the CIA to carry out operations in Venezue
On October 16, spot gold was trading around US$4,222. The price of gold stood at US$4,200 per ounce on Wednesday, reaching a maximum of US$4,218.14 per ounce, due to rising bets on interest rate cuts and geopolitical uneasiness. Sentiment has caused investors ...
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The dollar missed the 99 mark, and Fed Governor Milan called for a quick interes
On October 16, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.49. On Wednesday, the U.S. dollar index fell for the second consecutive trading day. After falling below the 99 mark, it continued to decline and fi...
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Expectations of interest rate cuts coupled with improved risk sentiment put the
In Asian trading on Thursday, the U.S. dollar index hovered at 98.53. The main reason for the pressure on the U.S. dollar came from Federal Reserve Chairman Jerome Powell. The positive sentiment in European and U.S. stock markets also led to capital outflows f...
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A collection of good and bad news affecting the foreign exchange market
1. The US dollar: the long-short game between easing expectations and debt concerns (1) Positive factors: The consensus on easing within the Federal Reserve has strengthened: Powell reiterated on the 14th that there is "no preset path" for policy, Governor Bow...
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