News
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US-China Trade Tensions Rise as Rare Earths Face Export Curbs, Tariffs
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Key Takeaways Rare earth export curbs imposed: China has introduced stricter controls on exporting key rare earth minerals essential for semiconductors, electric vehicles, and defense technologies. US levies new tariffs: The United States responded with new tariffs targeting Chinese-produced rare…
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US Dollar Rises as Fed Underscores Inflation Fight
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Key Takeaways Fed maintains focus on inflation: Chair Jerome Powell stated the Federal Reserve is “strongly committed” to reducing inflation, with no immediate plans for rate cuts. Dollar rises against major currencies: The US dollar strengthened against the euro, yen,…
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Euro and Pound Swings Spark Fresh Volatility in Forex Markets
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Key Takeaways Euro and Pound See Biggest Swings in Months: Both currencies had their sharpest intraday moves since early 2023, impacting major forex trading platforms. Surprising Economic Data Fuels Turbulence: Weaker eurozone manufacturing and stronger-than-expected UK jobs data prompted rapid…
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US Stock Markets Finish Mixed as Economic Uncertainty Weighs
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Key Takeaways Major indices split: The S&P 500 ended marginally up, while the Dow Jones Industrial Average finished down and the Nasdaq ticked slightly higher. Economic jitters persist: Concerns over inflation, slowing consumer spending, and unclear Federal Reserve signals fueled…
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US Government Shutdown Could Delay Federal Reserve Rate Cuts
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Key Takeaways A government shutdown would halt the release of critical economic data, depriving the Federal Reserve of essential information for decision-making. The Federal Reserve may need to postpone or reconsider the timing of interest rate cuts due to limited…
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What to Expect from PepsiCo and Delta Earnings Reports Today
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Key Takeaways PepsiCo is expected to highlight trends in snack and beverage demand, with analysts watching for updates on product innovation and shifts between at-home and on-the-go consumption. Delta Air Lines’ earnings are viewed as a key indicator for travel…
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US Treasury Yields Spike as Fed Rate Hike Expectations Grow
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Key Takeaways Treasury yields reach new highs: The benchmark 10-year yield rose above 4.6%, its highest level since late 2023. Fed rate hike expectations grow: Strong jobs data and resilient consumer spending have increased market bets on a possible Federal…
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US Job Openings Exceed Forecasts, Underscoring Labor Market Strength
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Key Takeaways Job openings climbed to 8.14 million in May, exceeding analyst expectations and highlighting continued labor demand. Tech sector hiring stabilized as technology companies maintained steady recruitment, reflecting confidence in digital transformation projects. Employers reported ongoing wage pressures as…
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Federal Reserve Minutes Hint at Pause, Markets React with Caution
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Key Takeaways Fed signals possible rate pause: Central bank minutes show broad support for maintaining current interest rates, citing slowing inflation and mixed economic signals. Markets react with brief volatility: Tech stocks and indices experienced short-term swings as traders adjusted…
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US Pending Home Sales Drop Sharply in August, Signaling Slower Housing Market
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Key Takeaways Pending home sales dropped 7.1% in August, reaching their lowest level since April and falling well below analyst expectations. Rising mortgage rates, with the average 30-year fixed reaching 7.2%, are making home purchases less accessible. All US regions…