Month: October 2023

Share: Australian Dollar dipped post-release of the US headline inflation. Consumer Inflation Expectations raised the odds of RBA to increase interest rates. US Dollar advanced following the slew of upbeat US data. The Australian Dollar (AUD) attempts to retrace the recent losses, leaning towards the negative. This shift is attributed to the optimistic economic data
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Gold prices climbed by Rs 350 to Rs 59,050 per 10 grams in the national capital on Thursday amid positive global cues, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 58,700 per 10 grams. “Gold prices advanced further on Thursday, following positive trade in the overseas markets,” Saumil
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Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight for policymakers. The consumer price index, a closely followed inflation gauge, increased 0.4% on the month and 3.7% from a year ago, according to a Labor Department report Thursday. That
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Sterling has emerged as the predominant force in today’s currency market, a surge attributed to the dramatic escalation in UK gas prices, which have ascended to their peak since June. Concerns about potential sabotage exacerbating supply constraints are rife, especially after a leak was detected in the Balticconnector pipeline—a crucial conduit for gas transmission between
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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A project that started out as an institutional-grade quantitative trading system for cryptocurrencies and stocks has transitioned to become a decentralized network sourcing GPU computing power to serve increasing demand for AI and machine learning services. Io.net has developed a test network that sources GPU computing power from a variety of data centers, cryptocurrency miners
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