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Markets
February job cuts drop, hiring plans shrink
US-based employers announced 48.307K job cuts in February, according to data released Thursday by Challenger, Gray & Christmas. The figure represents a 55% decline from the…
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Oil spike keeps Rupee pressured – Commerzbank
Commerzbank’s Charlie Lay highlights that the Indian Rupee has weakened as global Oil prices surge, pushing USD/INR above 92.00 for the first time. India’s heavy Oil import…
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Safe‑haven bid on Middle East tensions and strong data – Societe Generale
Societe Generale analysts say macro data have been overshadowed by Middle East (ME) risks, with investors likely to seek safety in Dollar and Swiss Franc into the weekend absent…
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UK firms see easing inflation, modest job growth ahead
The Bank of England (BoE) released the results of its February Decision Maker Panel (DMP) survey on Thursday, based on responses from 2,042 Chief Financial Officers of UK firms…
On ignoring geopolitics, buying bubbles and hoarding gold
Good morning. Wednesday brought some calm to markets (outside of South Korea). Stocks inched higher, oil prices stabilised a bit and even bitcoin staged a mini-rally. Have…
Iran ready to abandon nuclear program on a rewarding US offer – Sky News Arabia
Sky News Arabia reported on Thursday that Iran's Deputy Foreign Minister said that Iran is ready to abandon its nuclear program on the condition that the United States presents a…
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