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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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US stock futures flat, Q3 earnings set to pick up
U.S. stock index futures moved little in evening deals on Monday as a rise in
Treasury yields and caution before a string of major third-quarter earnings kept
investors to the sidelines.
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Dollar retains strength on Trump confidence; euro slips after German PPI
The U.S. dollar edged higher Monday, retaining recent strength as the US
presidential election draws near and polls point to a rising likelihood of
former President Donald Trump prevailing.
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Musk to face questions on Tesla's robotaxi bets on results day
Tesla (NASDAQ:TSLA)'s investors and analysts will get a chance to grill CEO Elon
Musk on his robotaxi plans on Wednesday when the electric automaker reports its
quarterly results, after a much-hyped unveil this month that lacked key details
and slammed shares.
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Apple Intelligence unlikely to boost iPhone sales: Jefferies
Jefferies analysts expressed skepticism about Apple’s upcoming Apple
Intelligence feature, suggesting it will not significantly boost iPhone 16
sales.
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Geopolitics aside, oil fundamentals remain bearish: UBS
Oil market fundamentals remain bearish despite geopolitical risks, as per
analysts at UBS in anote dated Monday.
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Asia FX muted, yuan steady after China rate cut
Most Asian currencies moved in a tight range on Monday, with the yuan steady
after the People’s Bank cut interest rates slightly more than expected, while
the dollar remained near recent peaks.
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