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Gold Price Forecast: XAU/USD Rebounds On Market Caution, Aims To Reach $2,400
Article By:
Akhtar Faruqui
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Thursday, April 18, 2024 12:10 AM EDT
Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday. The safe-haven yellow metal gains ground as traders exercise caution amidst heightened geopolitical tensions in the Middle East.
EUR/USD Holds Above 1.0650 Amid Renewed Selling Pressure In US Dollar
Article By:
Lallalit Srijandorn
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Wednesday, April 17, 2024 8:50 PM EDT
The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session. The recovery of that major pair is bolstered by renewed selling pressure in the US Dollar (USD) and a risk-friendly environment.
The Spear In AI's Back
Article By:
Charles Hugh Smith
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Wednesday, April 17, 2024 6:20 PM EDT
That real harm will result from the use of AI tools is a given.
In this article: BOTZ
The Canadian Federal Budget And Its Impact On Debt Markets
Article By:
Norman Mogil
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Wednesday, April 17, 2024 5:35 PM EDT
Participants in the Canadian debt market do not anticipate any change in Canada’s AAA-rating. Additional supply will not affect yields.
In this article: EWC
Rates Spark: Differing Degrees Of Decoupling
Article By:
ING Economics
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Wednesday, April 17, 2024 4:30 PM EDT
The U.S. narrative is driving rates, but we see differing degrees of decoupling on the European side.
Economists Believe Biden Would Be Better For The Economy
Article By:
Mish Shedlock
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Wednesday, April 17, 2024 3:30 PM EDT
The Wall Street Journal asked 69 economists what they thought about the economy. Let’s check out the results.
U.S. Stocks Retreat Amid Hawkish Federal Reserve Stance And Mixed Corporate Earnings
Article By:
The Private Banker
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Wednesday, April 17, 2024 3:00 PM EDT
Federal Reserve Chairman Jerome Powell's remarks indicating a cautious approach towards interest rate cuts, despite recent data showing persistent high inflation.
In this article: SPY
Feds Increase Capital Gains Inclusion Rate
Article By:
Danielle Park, CFA
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Wednesday, April 17, 2024 9:27 AM EDT
The new Federal Budget released yesterday has significant implications for capital assets held by individuals and corporations. See: Feds raise capital gains inclusion rate to 66.6% starting June 25.
Hey Teacher, Call On Me!
Article By:
Scott Sumner
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Wednesday, April 17, 2024 6:47 AM EDT
Do you recall that student back in middle school, frantically waving his hand trying to get the teacher to call on him? That’s how I feel when I read the following sort of news story:
Powell's Message Rattles Markets
Article By:
LMAX Group
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Wednesday, April 17, 2024 6:29 AM EDT
We’ve seen some profit taking on Dollar longs into Wednesday, but overall, the US Dollar remains well in demand, especially after the Fed Chair came out with his comments on Tuesday.
In this article: UUP
Has The Government Debt Crisis Finally Started?
Video By:
Jeffrey P. Snider
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Wednesday, April 17, 2024 6:00 AM EDT
UST yields are up somewhat sharply since early April, raising questions about why.
Are We On Japan's Path Of Stagnation?
Article By:
Michael Lebowitz
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Wednesday, April 17, 2024 5:45 AM EDT
Fiscal dominance, whereby the Federal Reserve must help the Treasury fund their debts at reasonable costs, is upon us.
G10 FX Talking: The Dollar’s Divergent Path
Article By:
ING Economics
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Wednesday, April 17, 2024 5:22 AM EDT
An increasing number of central banks within the G10 bloc are looking at cutting rates this year. The Fed would like to join them, but strong US activity and especially inflation data means that plans for a summer cut will have to be shelved.
The Commodities Feed: Oil Remains In Limbo
Article By:
ING Economics
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Wednesday, April 17, 2024 5:00 AM EDT
Oil prices remain in limbo as the market waits to see how Israel responds to Iran’s recent attack.
