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Markets
WTI slumps below $59.50 amid signs Novorossiysk port is reopening
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.35 during the Asian trading hours on Monday. The WTI attracts some sellers following signs that…
EUR/USD falls to near 1.1600 due to fading Fed rate cut bets
EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support…
Risk of inflation slowing shouldn’t be overlooked
European Central Bank (ECB) Governing Council Member Olli Rehn said that the risk of inflation slowing shouldn’t be overlooked, Bloomberg reported on Saturday.Key quotesUpside…
When is the Japan quarterly prelim GDP and how could is affect USD/JPY?
Japan quarterly prelim GDP OverviewThe Japan’s Cabinet Office will publish its data for the third quarter (Q3) at 23.50 GMT. Gross Domestic Product is estimated to show a…
Blue Owl private credit fund merger leaves some investors facing 20% hit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blue Owl has blocked redemptions in one of its earliest…
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Doubts about US interest rate cuts weigh on Gold price – Commerzbank
The Gold price fell slightly again yesterday, as it remained unclear when the US data releases that were missed due to the US government shutdown would be made up for,…