In previous months, there has been an increase in the correlation between the euro and prices of natural gas, with the latter declining as energy prices increase. Prior…
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BusinessCommoditiesNewsStocks
Increased Stock Woes as China Has the Most Dismal Real Estate Results Since the 2008 Financial Crisis
As per figures compiled by Bloomberg, the combined net income for the 136 real estate firms that disclosed earnings in Hong Kong and China fell 87% in the…
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Since the iPhone’s introduction in 2007, this is its best sales total. According to Apple CFO Luca Maestri, the figures offered by the researchers are predicated on how…
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ForexNews
The Anticipation of the Nonfarm Payroll Figures in the US Sends the Chinese Yuan to New Lows
The yuan dropped to 6.9027 despite the People’s Bank’s (PBOC) stronger midpoint adjustment following a private poll that revealed that Chinese manufacturing output declined in the last month.…
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Investors prepared for more vigorous interest rate increases by the Federal Reserve, which would make the yen significantly less appealing. The currency dropped to 139.69 per dollar, the…
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Spot gold increased to $1,738.55/oz, and gold futures also increased to $1,750/oz. Gold prices rose on August 29 thanks to a minor decline in the value of the…
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The yen has fallen almost to 4% in August and traded at the 138.50 mark on August 30 as traders refocused on Japan’s interest rate differential with the…
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The rate bets helped the euro to rise to $1.00295 by 0.32% while continuing the previous day’s climb, although from lows close to 20 years ago. This surge…
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The yuan fell to 6.9160, reaching its lowest point since 2020. Data released before today revealed a fall in industrial earnings in China through last month, pointing to…
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At 60.55, the Russian rouble was weaker than the US dollar by 0.1%. The rouble was up 59.99 against the euro by 1.1% following a dramatic shift at…
