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The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations. Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month. The combined
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Nikkei surges through 40k mark for the first time ever, standing out in an otherwise subdued Asian session. This index was propelled by Japan’s unexpectedly robust capital spending report for Q4, which significantly bolstered investor confidence. While the surge in capital expenditure may not directly sway BoJ’s immediate monetary policy decisions as wages growth remains
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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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TOKYO: Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure. Brent crude futures fell 22 cents, or 0.3%, to $83.46 a barrel by 0124 GMT. U.S. West Texas Intermediate crude
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In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Paramount Global missed revenue expectations for the fourth quarter Wednesday but posted a surprise quarterly profit and posted strong results from its streaming platform Paramount+. Here’s how Paramount performed in the fourth quarter compared to Wall Street estimates from LSEG, formerly known as
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Share: Gold price holds positive ground near $2,085.55 in Monday’s early Asian session.  The US ISM Manufacturing PMI came in worse than expected, dropping to 47.8 in February from 49.1 in January.  Fed’s Bostic said the central bank would cut rates in the summertime if the economy evolves as he expects.  Gold price (XAU/USD) rose
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Nvidia is already the third-most-valuable company on the planet, trailing only Microsoft and Apple. It’s the undisputed leader in the production of chips essential for powering the generative artificial intelligence revolution. Companies are throwing as much money as possible at Nvidia in order to stockpile chips in datacenters that will churn out unique images, videos,
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Spot gold rallied sharply Friday on disappointing US ISM manufacturing data (February) that showed that manufacturing orders, production, and employment contracted in February. University of Michigan’s consumer sentiment data was also short of forecast, though short-term and long-term inflation expectations were in line with the expectations. Gold prices rose to the highest in a month
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Share: EUR/USD vaults back into 1.0840 following market pivot. Market risk sentiment sees a late-week recovery on Friday. US Manufacturing PMI unexpectedly declines, sparking rate cut hopes. EUR/USD caught a bounce from 1.0800 after markets pivoted into a risk-on stance following Friday’s US ISM Manufacturing Purchasing Managers Index (PMI) declined, flubbing forecasts and stepping deeper
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