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Markets
Gold soars 2% as Fed cut bets deepen, US Dollar softens
Gold price rallies over 2% on Monday and trims last Friday’s losses on speculation that the Federal Reserve (Fed) will continue its easing cycle next week. A softer Greenback and…
Focus shifts to Canadian inflation, trade jitters and US shutdown
In an inconclusive start to the week, the US Dollar (USD) alternated gains with losses as investors continued to gauge developments around the US government shutdown, prospects for…
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Dow Jones rises on key tech rally stocks, government shutdown hopes
The Dow Jones Industrial Average (DJIA) caught a bullish tailwind on Monday, rising over 450 points to kick off the new trading week. Apple (AAPL) shares rose strongly, leading the…
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EUR/USD holds near 1.1650 as trade hopes support US Dollar
The Euro (EUR) trades under modest pressure against the US Dollar (USD) on Monday, as the Greenback holds steady amid hopes of easing trade tensions between Washington and Beijing.…
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U.S. government shutdown drags on – Rabobank
The federal government has been partially shut down for about three weeks now. Non-essential civil servants have been furloughed, while many essential government employees are…
Oatly blames ‘doom and gloom’ climate talk for US sales slump
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Oatly’s chief executive said greenwashing and “doom and…
USD/CNH holds firm despite trade truce and Yuan resilience – Rabobank
On April 8 2025 the USD/CNH exchange rate reached an all-time high touching a level of 7.4273. This was obviously a market reaction on the tit for that trade war escalation between…