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Update: US Equity Indexes Mixed as Tech Bulls Whistle Past Micron's Blockbuster Results, Inflation Surges to Three-Year High
(Updates with index/price moves, macroeconomic data, and company/political news from the first parag...
Pound Sterling Price News and Forecast: GBP/USD rebounds as US Dollar bulls fade despite hot Core PCE
The Pound Sterling (GBP) advances 0.22% against the US Dollar (USD) on Thursday, even though the US ...
Indian Rupee steadies due to risk-on mood
The Indian Rupee (INR) holds ground after two days of gains against the US Dollar (USD) on Wednesday. However, the upside potential for the USD/INR pair could be capped in the near term as downward pr ...
AUD/USD Price Forecast: Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
The AUD/USD pair trades with a negative bias for the second straight day, though it lacks bearish conviction and holds above the 0.7050 level through the Asian session on Wednesday amid mixed cues.
FTC clamps down on Amazon: hidden ad pricing could reportedly cost retail giant billions
Investors pile into bullish dollar bets as ‘US exceptionalism’ trade returns
Traders expect buoyant American economy to keep Fed from cutting rates despite oil price fall
Defence not likely to be a panacea for European carmakers
An expansion into a surging industry might create buzz but it is not likely to have a big impact
VW resorts to sealed bids to avoid conflicts in $10bn engines sale
German carmaker moves to counter fears EQT has edge after teaming up with major shareholders
Huawei’s big comeback tests limits of US chip controls
Seven years after being written off the Chinese tech giant is making technical advances that appear to sidestep Washington curbs
We have to manage the AI revolution
There must be a global agreement on how the technology is controlled
The long way back from the Iran energy shock
Oil production facilities and markets will take months or years to work through consequences of Strait of Hormuz closure
What is behind the new boom in Colombian cocaine
Leftwing rebels have been replaced by gangsters selling ever more drugs to Europe and Asia
Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus
Gold (XAU/USD) struggles to capitalize on its weekly gains, though it holds above the $4,300 mark through the Asian session on Wednesday. The latest optimism over an interim US-Iran peace deal keeps t ...