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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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Oil prices drop as prospect of additional supply offset Mideast fears
Oil prices slid by more than 2% on Tuesday as a stronger supply outlook and
tepid global demand growth outweighed fears over escalating conflict in the
Middle East and its impact on crude exports from the region.
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Goldman Sachs raises its gold price forecast for early 2025
Goldman Sachs on Monday raised its gold price forecast for early 2025 to $2,900
per troy ounce (toz) from the previous $2,700/toz, citing two primary reasons.
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USD/JPY gains, but Ishiba tones down hawkish bias
The recent nomination of incoming Japan Prime Minister Shigeru Ishib has
prompted gains in the yen, but UBS doubts his appointment will substantially
alter the speed of yen appreciation.
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European stocks mostly edge higher; eurozone inflation in spotlight
European stock markets edged mostly higher Tuesday, starting the new quarter on
a positive note ahead of the release of key regional inflation data.
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US warns foreign operators may be using Boeing 737s with suspect rudder control parts
The U.S. National Transportation Safety Board said on Monday more than 40
foreign operators of Boeing (NYSE:BA) 737 airplanes may be using planes with
rudder components that could pose safety risks.
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Dollar sturdy after Powell pushes back on aggressive easing bets
The U.S. dollar firmed against its major peers on Tuesday after Federal Reserve
Chair Jerome Powell pushed back against bets on more supersized interest rate
cuts.
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