Category: eases
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Grocery inflation eases as supermarkets ramp up promotions for savvy shoppers
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Grocers in the United Kingdom slowed for the first time in six months, providing a comfort for families who are struggling with the pressure of continuous living costs. According to the latest data from Kantar, supermarket prices increased by 3.3 % in January, a decrease from 3.7 % in December.…
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Bitcoin Price Eases Below $104,000 As Market Correction Gains Ground
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Bitcoin fell below the critical level of $104,268, signaling the beginning of a period market Correction after a long period of bullish performance. this withdrawal It surprised many traders as they were expecting the uptrend for BTC to continue. The shift in sentiment is driven by profit taking and caution…
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Solana Investors Stay Firm As Selling Pressure Eases – Details
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Solana (SOL) has been in the news over the past few weeks, albeit for different reasons. The popular altcoin was one of the many beneficiaries of Donald Trump’s presidential victory, surging 67.69% in three weeks after November 5 to reach a new high of $263. However, this price rise was…
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XRP Price Eases Gains: Eyes on The Critical $2 Threshold
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XRP price failed to extend its gains above the $2.40 area. The price is down over 10% and may fall towards the $2.00 support area. XRP price has started a downward correction from the $2.50 resistance area. The price is now trading below the $2.30 level and the 100 hourly…
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XRP Price Eases Gains: Eyes on The Critical $2 Threshold
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XRP price failed to extend its gains above the $2.40 area. The price is down over 10% and may fall towards the $2.00 support area. XRP price has started a downward correction from the $2.50 resistance area. The price is now trading below the $2.30 level and the 100 hourly…
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Dollar eases from 7-week highs as traders weigh Fed rate path By Reuters
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Written by Ankur Banerjee and Medha Singh SINGAPORE/LONDON (Reuters) – The dollar fell from a nearly seven-week high against major currencies on Tuesday after investors weighed expectations of a U.S. interest rate cut, even as geopolitical tensions in the Middle East continued to support the currency’s safe-haven appeal. The euro…
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Bank of England may cut rates more aggressively as inflation eases, warns Andrew Bailey
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Andrew Bailey, Governor of the Bank of England, has indicated that the bank may take a more aggressive stance on cutting interest rates if inflation continues to decline. However, he warned that escalating tensions in the Middle East could lead to a sharp rise in oil prices, which would complicate…
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South Korean Inflation Eases to 1.6% in September; BOK May Ease in October Meeting
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Full story via EMW on PiQ Suite South Korea’s CPI inflation rate fell to 1.6% year-on-year in September due to lower transportation prices Core CPI rose 1.8% y/y compared to 1.9% y/y in August Fresh food prices stabilize at a low growth of 3% year-on-year The CPI reading increases the…
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Solana Jumps 10% As Fed Eases Rates, Analysts Eye Even Higher Gains
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This article is also available in Spanish. The fifth-largest cryptocurrency by market cap, Solana (SOL), has been back in the spotlight since it recently saw a massive price surge. The token surged by over 10% amid the Fed’s interest rate cuts, catching investors’ attention once again and sparking all the…
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Dollar eases after hitting highest in almost two weeks, US job data looms By Reuters
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By Stefano Ribaudo and Kevin Buckland TOKYO (Reuters) – The dollar fell on Monday but remained close to its highest in nearly two weeks as investors’ focus turned to a U.S. jobs report due later this week. U.S. payrolls data due on Friday will be crucial after Federal Reserve Chairman…
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New tax benefit eases home purchase for immigrants to Israel
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As of August 15, 2024, new immigrants will be eligible for a significant tax break when purchasing a home in Israel, following an amendment to the purchase tax regulations. The arrangement designed to help new immigrants in the past was not ideal. The old regulation (Regulation 12) stipulated that any…
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New Draft Eases Tax Filing Burden
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The IRS, or Internal Revenue Service, revealed that New Draft Version of Tax Form 1099-DAwhich cryptocurrency brokers and investors use to report certain digital asset transactions from the upcoming tax period in 2025. The new version is a big step forward from the original draft submitted in April 2024. The…
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Stocks Rally, Yen Drops as BOJ Eases Rate Worries: Markets Wrap
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(Bloomberg) — Stocks rose after the Bank of Japan moved to reassure markets following historic volatility sparked in part by an unexpected interest-rate hike last week. Most Read from Bloomberg The Stoxx Europe 600 index rose 0.5%, with progress slowed by disappointing earnings reports from some of the region’s biggest…
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FX Daily Review: Dollar Holds Steady Against Yen As Global Market Mayhem Eases
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It’s only Tuesday, but what a week it’s already been! ? Yesterday, investors, traders and investors around the world experienced a rollercoaster ride as global stock markets plunged, but today they have partially recovered. An important factor contributing to these disturbances was the solution of thepregnancy tradeIt is a popular…
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Dollar eases as Biden ends re-election bid, drops vs yen By Reuters
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By Kevin Buckland and Stefano Ribaudo (Reuters) – The dollar was slightly lower against a basket of currencies on Monday while falling sharply against the yen as investors focused on U.S. President Joe Biden’s decision to end his re-election campaign and the next moves from the Federal Reserve and the…
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New Zealand CPI eases more than expected in Q2, pushes RBNZ rate cut bets By Investing.com
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New Zealand’s consumer price inflation rate fell more than expected in the second quarter, boosting bets that the economy is slowing at a pace that could prompt an interest rate cut by the Reserve Bank. China’s gross domestic product grew 3.3% year-on-year in the three months to June 30, government…
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Bitcoin set to rise slightly on a weekly basis as retail inflation eases
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CHENAPONG/iStock Editorial via Getty Images Bitcoin (BTC-USD) price is set to post a weekly decline. 2.7% increaseIn a week that saw retail inflation fall, while wholesale inflation came in higher than expected. The world’s oldest cryptocurrency has remained below the $60,000 level all week, but has been hovering around the…
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Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?
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Solana stock started to decline from the resistance level of $155. SOL price dropped by more than 10%, but bulls are now protecting the support level of $132. SOL price started to decline strongly from the $155 resistance level against the US Dollar. The price is now trading below the…
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Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?
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Solana stock started to decline from the resistance level of $155. SOL price dropped by more than 10%, but bulls are now protecting the support level of $132. SOL price started to decline strongly from the $155 resistance level against the US Dollar. The price is now trading below the…
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China’s consumer prices rise less than expected in May, PPI deflation eases
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Funtap/iStock via Getty Images China’s consumer prices rose at a steady rate in May, while producer price deflation moderated slightly, indicating that measures taken by the Chinese government to stimulate the economy are beginning to show positive results. China’s annual inflation rate was 0.3% in May 2024, unchanged The index…