Markets
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XAU/USD holds in tight range as Iran tensions and mixed Fed signals curb upside
Gold lacks any follow-through buying as bulls seem hesitant amid mixed fundamental cues. Iran tensions underpin the USD, though reviving…
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Oil price retreat from high, as FTSE 100 surges and UK yields fall
Risk sentiment has picked up as we move through Thursday. Stock prices have been bolstered by strong earnings reports and…
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Trade of The Day – SUGAR
Facts: In Brazil, the world’s largest producer of sugarcane and sugar, a significant portion of sugarcane is expected to be…
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Bank of England – Preview
BOE Preview: H is for hawk The Bank of England will announce its latest policy decision at midday on Thursday.…
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Chart of the Day: Yen breaks beyond 160 as the market tests the limits of the “red line”
USDJPY has decisively broken through the psychological 160 level, reaching new multi-month highs and entering territory that was until recently…
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U.S. GDP set to accelerate in Q1, suggesting economic resilience despite Iran war woes
The United States Gross Domestic Product is seen expanding at an annualised rate of 2.3% in Q1. Investors will focus…
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Copper Stabilizes on Strong China Data
Copper futures steadied around $5.9 per pound on Thursday after five consecutive sessions of losses, as industrial metals drew support…
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ECB And BoE Seen to Hold Rates Steady
BoE Expected to Keep Rates Steady Amid Iran War Risks The Bank of England is widely expected to keep interest…
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ASX 200 Recovers in April Despite Loss Streak
The S&P/ASX 200 fell 21 points or 0.2% to close at 8,666 on Thursday, the final trading day of April,…
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UK Natgas Prices at Over 3-Week High
UK natural gas futures rose to around 117.6 pence per therm, marking their highest level in over three weeks, on…
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