Category: Turn
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We’ve seen the flop and the turn, it is now on to the river
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With the US labor market under intense scrutiny right now, nothing is more important than Friday’s jobs data. Nonfarm payrolls will be crucial in determining how markets end the week. And it’s not just the headline numbers that will matter, the details – especially the unemployment rate – will matter…
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Brits turn to ‘sweet treat economy’ for mood boosts amid economic challenges
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Despite a blistering summer, high interest rates and looming tax rises, Britons are spending more on small luxuries such as pastries and cosmetics, a trend Barclaycard has dubbed the “confectionery economy”. According to Barclaycard, consumer spending on cards rose 1% in August after two months of decline, with nearly half…
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Dogecoin, Binance Coin whales turn to Intel Markets
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Dogecoin and Binance Coin whales are turning their attention to Intel Markets following a recent audit by Cyberscope. Recently, the new Intel Markets project has managed to attract some big…
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Exclusive-Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI By Reuters
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By Eduardo Baptista, Fanny Botkin and Karen Freifeld BEIJING/SINGAPORE/NEW YORK (Reuters) – Chinese state-linked entities are using cloud services provided by Amazon.com Inc or its rivals to access advanced U.S. chips and artificial intelligence capabilities they could not otherwise obtain, recent public tender documents show. The US government has restricted…
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Entrepreneurs turn to pawnbrokers as banks tighten business lending
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As traditional banks tighten lending standards, a growing number of UK entrepreneurs are turning to pawnshops for vital funding. H&T, Britain’s largest mortgage lender, has reported a rise in the number of small business owners, including shopkeepers and builders, pledging personal jewellery and watches for loans. Chris Gillespie, chief executive…
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Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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How to Turn Trading Weaknesses Into Strengths
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Let’s say you just had a huge losing streak. What would you most likely do next? Are you the type of trader who gets so depressed that you can’t receive clear Forex trading signals, or are you the type of trader who can shake off this depression easily? No matter…
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US futures turn flat as we look to North America trading
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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 also creates additional risks 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…
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Fed easing bets, carry trade unwind turn analysts bullish on Asian currencies: Reuters poll By Reuters
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Written by Sameer Manikkar (Reuters) – Analysts have become bullish on most major Asian currencies for the first time in more than a year, supported by rising bets on interest rate cuts by the U.S. Federal Reserve and the unwinding of yen-funded carry trades, a Reuters poll showed. A biweekly…
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All eyes turn to the Fed’s preferred measure of inflation next
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US Core PCE Price Index YoY (%) Broader markets are looking for a respite today, and if they are to continue, they will need the next major US inflation indicator to play its part. So far, risk trades are feeling some relief today after a tough week. But can they…
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Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease
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Written by Roshni Nair (Reuters) – Investors have become bullish on the Singapore dollar for the first time since mid-December as growth and inflation dynamics in the city-state continue to support the local currency, while bearish bets on most Asian currencies have eased, a Reuters poll showed on Thursday. Long…
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Florida farmers turn to ancient tree from India as the citrus industry dries up
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An ancient tree from India is now growing in Florida’s citrus orchards, and it could help provide renewable energy for the country. With much of the Sunshine State’s famous citrus industry drying up over the past two decades due to two deadly diseases, citrus greening and canker, some growers are…
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Frightened Germans Turn to Anti-War Party Amid Wave of Political Violence
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Breadcrumb links BMN Business Sahira Wagenknecht founded her pro-Russian party in January, sapping support from the far-right Alternative for Germany (AfD) party. Article writer: Published on June 07, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an…
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Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters
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Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…
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Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters
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Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…
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Shiba Inu Metrics Turn Bullish: Here’s How Many Wallets Stand Between Current Price And $0.000139
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Shiba Inu It is showing interesting price action as it looks to break above the sloping upper trend line which it has been trading below since the first week of March. Currently, SHIB is up 10% in the past 7 days and is At a critical juncture Of a breakout…
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Shiba Inu Metrics Turn Bullish: Here’s How Many Wallets Stand Between Current Price And $0.000139
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Shiba Inu It is showing interesting price action as it looks to break above the sloping upper trend line which it has been trading below since the first week of March. Currently, SHIB is up 10% in the past 7 days and is At a critical juncture Of a breakout…
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Sunak May Struggle to Turn Key Inflation Victory Into Votes
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Breadcrumb links BMN Business Of the five targets Rishi Sunak set for himself at the start of 2023, he achieved only one – halving inflation by the end of last year. On Wednesday, he may be able to go further and declare victory over the cost of living crisis, with…
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Biden running out of time to turn voters’ perceptions on inflation: strategists By Investing.com
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Research firm Strategas released data showing that its inflation index grew at a rate of 3.8% year-on-year. The CPI for the Common Man measure focuses on items that people have to buy regularly – food, energy, shelter, clothing, utilities and insurance. This marks the ninth straight month that the regular…