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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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Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ
Most Asian currencies moved in a flat-to-low range on Thursday as the dollar
firmed sharply after an outsized interest rate cut by the Federal Reserve was
offset by less dovish signals on future rates.
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Alphabet CEO Sundar Pichai sells shares worth over $3.6 million
Alphabet Inc. (NASDAQ:GOOGL) CEO Sundar Pichai has sold a portion of his company
stock, totaling over $3.6 million.
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US stock index futures rise after Fed cuts rates by 50 bps
U.S. stock index futures rose in evening deals on Wednesday after the Federal
Reserve cut rates by a wider 50 basis points and kicked off an easing cycle that
is likely to see rates fall further.
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Bitcoin, Ethereum, Polkadot volatile as Federal Reserve delivers a big rate cut
Bitcoin price dropped after the Federal Reserve made its first rate cut since
the Covid pandemic, reducing borrowing rates by a half percentage point, or 50
basis points.
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Oil prices fall as US rate cut fails to boost market sentiment
Oil prices fell in Asian trading on Thursday after a larger-than-expected
Federal Reserve interest rate cut sparked concerns about the U.S. economy.
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Dollar gains ground after Fed delivers bumper 50 basis point rate cut
The dollar edged higher in choppy trading after the Federal Reserve on Wednesday
cut interest rates by half a percentage point, citing greater confidence that
inflation will continue to recede to the U.S. central bank's 2% annual target.
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