Category: fears
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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Australia, NZ dollars grapple with risk aversion as US growth fears weigh By Reuters
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SYDNEY (Reuters) – The Australian dollar held near three-month lows on Friday after weak U.S. data fueled fears of a sharp slowdown in the world’s largest economy, prompting investors to seek refuge in the safe-haven yen and Swiss franc. The single currency was steady at $0.6501, having fallen 0.5% overnight…
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Nasdaq on course to confirm correction as recession fears mount By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Friday, confirming a slide into correction territory after a weak jobs report raised concerns about an impending recession. Nonfarm payrolls increased by 114,000 jobs last month, the Labor Department said, well below the 175,000…
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Payment fears deter UK businesses from pursuing overseas growth
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Concerns about international payments are discouraging many UK businesses from dealing with suppliers abroad or entering new markets, according to a new study by HSBC UK. The survey of more than 1,000 financial decision makers found that 43% are reluctant to conduct international business due to uncertainty about hidden payment…
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Analysis-UK election brings few hopes or fears to cautious City of London By Reuters
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By Sinead Cruz and Hugh Jones LONDON (Reuters) – Britain’s financial sector has begun to embrace Labour’s pro-business initiatives and pledges of stability and support, but many in the City of London remain wary that it could be targeted to shore up Britain’s strained public finances in the future. Under…
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Japanese yen weakens, USDJPY hits 38-year high despite intervention fears By Investing.com
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Investing.com — The Japanese yen fell further on Thursday, with the USD/JPY pair rising to its highest points in 38 years while surpassing previous levels that traders believed would attract Japanese government intervention. The yen pair, which measures the number of yen needed to buy one dollar, rose to 160.81…
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Argentina extends currency swap with China, defusing repayment fears By Reuters
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BUENOS AIRES (Reuters) – Argentina and China have renewed the activated portion of a major currency swap line for the equivalent of $5 billion until July 2026, the central bank said on Wednesday, dispelling concerns that they may have to make large installments over the next month. . The South…
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Red Alert For Polkadot (DOT): Double-Digit Drop Sparks Investor Fears
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Polkadot (DOT), the self-proclaimed “king of interoperability” and once a darling of the 2021 bull market, is It is currently trading at around $6.42, That’s a far cry from its November 2021 peak of around $60. There is still a glimmer of optimism for DOT despite the overall bearish outlook,…
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Treasury fears trouble with IMF, debt risks
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The Treasury has intensified its pressure on Parliament to adopt punitive tax measures contained in the draft finance bill, saying it will help narrow Kenya’s budget deficit and reduce the desire to borrow. Principal Treasurer Chris Kipto said the higher taxes and new taxes proposed in the bill were needed…
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Wall Street set to open lower as fears of sluggish growth increase By Reuters
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By Lisa Pauline Mattkal and Johan M. Cherian (Reuters) – U.S. stock futures fell on Tuesday as investors grew more concerned about the strength of the world’s largest economy, even as they awaited a slew of reports this week to gauge the extent of slowing growth. Data on Monday showed…
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Wall Street futures slip on sluggish growth fears
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(Reuters) – U.S. stock futures fell on Tuesday after weak manufacturing data raised fresh concerns about the strength of the U.S. economy, even as markets awaited a slew of reports this week to gauge the extent of slowing growth. Stocks fell on Monday after survey data showed US factory activity…
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Families Rush to Transfer Property Amid Fears of Labour’s Inheritance Tax Crackdown
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Wealthy landowners are hastily transferring their estates to their children ahead of the general election, driven by fears that a Labor government may tighten inheritance tax breaks. Concerns about potential tax bills have prompted many to speed up property transfers, said Joseph Adonis, a partner at Moore Kingston Smith and…
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Christine Nkonge’s fears in midlife self-discovery
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If you only listen to the words spoken by Christine Jackie Nkonge, all you hear is the voice she makes, the voice of self-confidence, divorced from all guesswork and conjecture, simple and concise, which she delivers like a monk meditating on a mountain. . The phrase “wise beyond her years”…
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Reversal fears drive uptake of Pochi La Biashara service
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Fears of a reversal by small businesses such as matatu and boda boda operators have led to increased adoption of Safaricom’s Pochi La Biashara system, with the number of farmers doubling to 632,681 by the end of March this year. In the same period last year, there were 292,634 Pochi…
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Asia FX weak with US inflation in sight; China tariff fears dent yuan By Investing.com
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Investing.com — Most Asian currencies were modestly lower on Friday as the dollar stabilized from overnight declines, with focus shifting squarely towards key US inflation data due next week, which is likely to provide further signals on interest rates. The Chinese yuan fell, as did currencies with trade exposure to…
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Gold prices tread water as rate fears grow ahead of nonfarm payrolls By Investing.com
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Investing.com — Gold prices moved slightly in Asian trade on Friday, as markets remained hesitant towards the yellow metal ahead of the release of key US jobs data, while the possibility of higher interest rates for a longer period puts gold on track for weekly losses. The yellow metal has…
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Asia FX weak as Fed does little to soothe rate fears; yen rebound stalls By Investing.com
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Investing.com — Most Asian currencies held a narrow range on Thursday, benefiting slightly from a lower dollar, as the Federal Reserve said interest rates were unlikely to fall in the near term, although they were unlikely to rise either. This kept the Japanese yen’s recovery short-lived, with the currency weakening…