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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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Morgan Stanley cuts Brent crude price view as market signals demand softness
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters
and said the global oil market is facing a period of demand weakness similar to
those seen during recessions.
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Stock markets appearing to question adequacy of possible 25-bp Fed cut - MS
Equity markets are appearing to start to question whether a 25 basis point cut
would be an adequate response to recent weaker-than-anticipated nonfarm payrolls
data, according to analysts at Morgan Stanley.
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Boeing shares rise in pre-open trade on tentative union deal
Shares of Boeing Co (NYSE:BA) rose 4.6% in pre-open trade on Monday following
the announcement of a tentative agreement between the aerospace giant and the
International Association of Machinists (IAM) Districts 751 & W24.
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S&P 500 selloff is a buying opportunity: Evercore ISI
According to Evercore ISI analysts in a note to clients on Monday, the recent
selloff in the S&P 500 presents a buying opportunity despite ongoing market
volatility.
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Tesla-supplier Panasonic Energy prepares for high-capacity EV battery production
Japanese Tesla (NASDAQ:TSLA) supplier Panasonic (OTC:PCRFY) Energy has finalised
preparations for the mass-production of its high-capacity electric-vehicle
batteries, the company said on Monday, as it seeks to start supplying the cell
to automakers.
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Merlin Chain Emerges as Bitcoin's Largest Layer 2, Surpassing $1.2 Billion TVL in Just Six Months
Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved
unprecedented milestones in just six months, solidifying its position as the
largest Layer 2 in the Bitcoin ecosystem. With a Total Value Locked (TVL)
surpassing $1.2 billion and bridge transactions exceeding $16 billion, Merlin
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