Category: hold
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Worst of market selloff might be over but hold on tight, Goldman says By Reuters
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SINGAPORE (Reuters) – After a turbulent week in global markets, the worst of the sell-off may be over but investors need to “keep a tight rein on big directional bets for now,” Tony Pasquarello, Goldman Sachs’ global head of hedge fund coverage, said. In a note to clients on Wednesday…
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RBA’s “Hawkish Hold” Briefly Supported AUD During The Asian Session
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As expected, the Reserve Bank of Australia decided to The Reserve Bank of Australia kept official interest rates at a 12-year high of 4.35%. For its sixth consecutive meeting in August. The Central Bank confirmed that High inflation remains a concern.Inflation has “declined significantly” but is “persistently above” the 2%…
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What cards does China hold in trade dispute with EU? By Investing.com
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Amid the ongoing trade dispute between China and the European Union, analysts at Citigroup said in a note this week that China is strategically preparing for potential retaliation while maintaining a cautious stance. Following the EU’s imposition of temporary tariffs on Chinese electric vehicles on July 4, 2024, China has…
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TA of the Day: Will Copper’s Support Hold and Ignite a Major Rally?
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copper Oil prices fell sharply, falling to their lowest level in four months on concerns about slowing Chinese demand and rising production. China is the world’s largest consumer of copper, using it extensively in construction, manufacturing, electronics and energy sectors. Because of this, the amount of copper China needs has…
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Dollar, yen hold tight ranges as market braces for BOJ, Fed By Reuters
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By Brigid Riley TOKYO (Reuters) – The dollar and yen held within close ranges on Tuesday as traders awaited major central bank decisions, starting with midweek policy meetings from the Bank of Japan and the Federal Reserve, that could set the tone for the coming weeks. The Japanese currency took…
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Bitcoin Key To Dollar Stability: Kennedy Jr. Urges US To Hold 4 Million BTC Reserve
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Bitcoin has proven to be an important part of the upcoming US presidential election, gaining attention among key political figures. As the election approaches, Republican presidential candidate Robert F. Kennedy Jr. has announced his intention to run. Named Analysts believe that the country should acquire millions of bitcoins as a…
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Bitcoin Key To Dollar Stability: Kennedy Jr. Urges US To Hold 4 Million BTC Reserve
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Bitcoin has proven to be an important part of the upcoming US presidential election, gaining attention among key political figures. As the election approaches, Republican presidential candidate Robert F. Kennedy Jr. has announced his intention to run. Named Analysts believe that the country should acquire millions of bitcoins as a…
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GM puts self-driving vehicle without steering wheel on hold By Reuters
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General Motors’ Cruise self-driving unit will focus development efforts on the next-generation Chevrolet Bolt instead of its planned future Origin, which will not have a steering wheel or other human controls, the U.S. automaker said. In 2022, GM applied to the National Highway Traffic Safety Administration for permission to deploy…
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TA of the Day: EUR/JPY Near Major Support. Will the Bullish Trend Hold?
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The EUR/JPY The currency pair, which has been one of the best performing pairs for bulls since the beginning of the year, is now facing a major challenge. ? With the price approaching the edge of an important dynamic support level, the question now is: will the bulls continue their…
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TA of the Day: Can USD/MXN Bulls Hold the Line?
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US Dollar/Mexican Peso It’s been on the decline since the end of June. Ah Karamba! Recent price action is in favor of the bears, but oversold signals point to a potential pause or even a recovery, so the bulls are whispering, “Wait a minute, my friends!” you welcome in Teaching…
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Goldman challenges Fed’s demand it hold more capital after stress test, FT reports
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Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” conducted by the Fed, which is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress test…
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Goldman challenges Fed’s demand it hold more capital after stress test, FT reports By Reuters
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(Reuters) – Goldman Sachs has appealed to the U.S. Federal Reserve over its results in the latest “stress test” by the Fed that is set to force the bank to hold more capital, the Financial Times reported on Sunday, citing people familiar with the matter. The Federal Reserve’s annual stress…
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US court temporarily puts net neutrality rules reinstatement on hold By Reuters
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By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court said on Friday it has temporarily halted the Federal Communications Commission’s reinstatement of landmark net neutrality rules until Aug. 5 while it considers legal challenges from the broadband industry. The Federal Communications Commission voted in April along party lines to…
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RBNZ Announced “Dovish Hold” in Highlighting Weaker Domestic Inflation
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The Reserve Bank of New Zealand left interest rates unchanged at 5.50% for the eighth straight month in July, as expected. Their official statement indicated that their restrictive monetary policy had succeeded in reducing price pressures enough to allow the committee to forecast a return to its annual inflation target…
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Oil prices hold steady as concerns over hurricane damage ease By Reuters
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By Colleen Howe and Trixie Yap (Reuters) – Oil prices were little changed on Tuesday after a hurricane that hit a major U.S. oil production hub in Texas caused less damage than markets had expected, easing concerns about supply disruptions. Brent crude futures rose four cents to $85.79 a barrel…
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Reserve Bank of New Zealand policy meeting this week – preview (on hold widely expected)
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The Reserve Bank of New Zealand will announce its decision at 2pm NZ time on Wednesday 10 July, which is 0200 GMT on the 10th and 2200 EST on the 9th. Brief comments via Westpac on what to expect: We do not expect any change to the policy rate –…
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Top six healthcare stocks to buy and hold
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Investing.com – At the start of each quarter, Deutsche Bank presents its top investment ideas for each sector over the next 12 months. It’s time to shine a light on the healthcare sector. The first healthcare sector player Deutsche Bank is looking at with interest is Edwards LifeSciences (NYSE: ),…
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Euro expected to hold ground despite political tremors: Reuters poll By Reuters
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Written by Saroopia Ganguly BANGALORE (Reuters) – The euro is expected to weaken modestly against the U.S. dollar this month before rallying by the end of the year, currency strategists polled by Reuters said, even though financial markets expect two more interest rate cuts by the European Central Bank by…
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Ethereum ETF Dream On Hold: SEC Rejects Applications (Again)
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Ethereum fans have been heading into a Fourth of July fireworks celebration of a different kind: the launch of the first Ethereum spot trading fund. Related reading Investor enthusiasm waned when the U.S. Securities and Exchange Commission unexpectedly reinstated the applicants’ proposals, delaying the long-awaited offering. Missed exit: July ETF…