Category: September
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Nvidia stock tumbles over 8% to close at lowest level since September
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NVIDIA (NVDA) arrow on Monday to the lowest closure price since last September with reports of giant AI chips that reach China despite export controls. The Wall Street Journal reported on Sunday The latest Blackweell chips in NVIDIA arrives in China Through third -party employees, using entities registered in the…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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UK government borrowing surges to £16.6bn in September, exceeding forecasts
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UK government borrowing rose to £16.6bn in September, beating expectations and putting additional pressure on Chancellor Rachel Reeves ahead of her first Budget next week. According to figures from the Office for National Statistics (ONS), the deficit for September rose by £2.1 billion compared to the same month last year,…
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UK government borrowing surges to £16.6bn in September, exceeding forecasts
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UK government borrowing rose to £16.6bn in September, beating expectations and putting additional pressure on Chancellor Rachel Reeves ahead of her first Budget next week. According to figures from the Office for National Statistics (ONS), the deficit for September rose by £2.1 billion compared to the same month last year,…
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UK retail sales rise unexpectedly in September despite economic uncertainties
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UK retail sales rose unexpectedly in September, defying analysts’ expectations of a contraction, as consumers increased their spending on technology despite looming tax rises and economic uncertainties. According to the Office for National Statistics (ONS), retail transactions rose 0.3% in September, building on a strong 1% increase in August. Analysts…
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AUD Sharply Higher as Australian Economy Added 64.1K Jobs in September
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Australian jobs numbers for September were mostly in the green, with the economy reporting a much faster pace of hiring for the month at 64.1k versus an expected increase of 25.2k. This was enough to keep the unemployment rate at 4.1% instead of the expected reading of 4.2%. The previous…
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CPI unexpectedly fell in September
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The Israeli Consumer Price Index (CPI) unexpectedly fell by 0.2% in September, while analysts expected it to remain unchanged. In the 12 months to the end of September 2024, the inflation rate fell slightly to 3.5% from 3.4% at the end of August, according to figures released by the Central…
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Bitcoin Mining Profitability Slumped In September – What’s In Store For October?
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According to a recent report from Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hash rate continued to rise. Bitcoin mining profitability is on a downward trend In a report published on Sunday, investment bank Jefferies explained that Bitcoin mining profitability fell in September compared to August.…
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China September M2 money supply +6.8% vs +6.4% y/y expected
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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New Zealand services PMI for September 2024: 45.7 (prior 45.5)
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BNZ – BusinessNZ Services Performance Index for September 2024 remains in contraction at 45.7 August was 45.5 Seven consecutive months of contraction BNZ Chief Economist Doug Steele: “Moves in the PSI sub-indices were mixed in September, but all have remained below 50 for seven straight months. While lower interest rates…
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September Inflation Cools but Remains Sticky
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It’s a mixed bag of consumer price data, with annual inflation continuing to slow in September, hitting a three-year low, although the report was slightly hotter than expected. The Consumer Price Index (CPI) — a broad measure of the cost of everyday items — rose 0.2% in September from the…
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U.S. CPI Came in Hotter Than Expected in September
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The September US CPI report reflects a slowdown in price pressures for the month, but annual headline and core inflation readings were still hotter than expected. The headline CPI rose another 0.2% on a monthly basis, slightly above the expected 0.1% rise, while the core CPI posted a monthly gain…
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September FOMC Minutes: 25bps Cut Was On The Table, Members Reject Pre-Set Path
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This was revealed in the minutes of the September decision A “large majority” voted in favor of a 50 basis point rate cut to the target range of 4.75% – 5.00%, mostly because it would raise interest rates to “Better alignment with recent inflation and labor market indicators. It may…
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USDCAD makes a break above high from September, 100 day MA and broken 38.2% retracement
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The USD/CAD continues to move upward after reaching last Wednesday’s bottom near 1.3472. Since then, the price has risen for five consecutive days, reaching its highest level at 1.3660 in today’s trading. In the process today, the price was able to expand above the September high at 1.36467. This is…
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USDCAD makes a break above high from September, 100 day MA and broken 38.2% retracement
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The USD/CAD continues to move upward after reaching last Wednesday’s bottom near 1.3472. Since then, the price has risen for five consecutive days, reaching its highest level at 1.3660 in today’s trading. In the process today, the price was able to expand above the September high at 1.36467. This is…
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UMC Reports Sales for September 2024 By Investing.com
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TAIPEI, Taiwan–( BUSINESS WIRE )– United Microelectronics (NYSE: UMC, TWSE: 2303) (UMC) today announced unaudited net sales for September 2024. September 2024 revenue a period 2024 2023 Change year/year year/year (%) September 18,942,714 19,052,938 -110,224 -0.58% January-September. 171,916,474 167,574,722 4,341,752 2.59% () All figures are in thousands of New Taiwan…
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Premium Forex Watch Recaps: September 30, 2024
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This week our currency strategists focused on the Eurozone CPI update and the US Manufacturing PMI update in search of potential high-quality setups. Of the four scenario/price forecast discussions this week, One discussion arguably saw both financial and technical arguments raised To become a potential candidate for overlay trading and…
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Global Market Weekly Recap: September 30 – October 4, 2024
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Geopolitical headlines took center stage most days of the week, driving crude oil prices and even impacting overall market sentiment. Investors appeared concerned about infection risks and restrictions on oil production caused by worsening tensions in the Middle East, which led to a flight to safe havens such as gold…
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Shiba Inu Burn Rate: Here’s How Much SHIB Was Burned In September
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the Burning Shiba Inu Tracking website Shibburn recently revealed how many SHIB tokens were burned in September. the Burn rate It saw an impressive rise compared to the number of tokens burned in the previous month. Shiba Inu burn rate increases in September Shipburn She revealed in X’s post that…