Sterling Extends Gains to Two-Week High Amid Bullish Outlook

Sterling Extends has shown impressive gains in European trade on Friday, hitting a two-week high and poised to record its best weekly profit in five weeks. This rise follows a series of positive economic data from the UK, which has bolstered investor confidence and weakened the odds of an imminent rate cut by the Bank…

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Wall Street Extend a significant rally, with major US stock indices extending their recent gains. This positive shift came as earlier economic data alleviated concerns about a potential US recession. Both the Dow Jones Industrial Average, S&P 500, and NASDAQ recorded substantial increases, reflecting a boost in investor confidence. Positive Economic Data Drives Market Gains…

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Gold Moves in a prices have been on a notable ascent, with recent gains highlighting a positive trend in the market. On Thursday, gold resumed its upward trajectory in European trade, nearing four-week highs once again. This movement comes as the dollar weakens and as investors await critical US retail sales data that could provide…

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Yen Rebounds on an interesting journey lately, with fluctuations that have kept traders and economists on their toes. In Asian trade on Thursday, the yen made a significant comeback against most of its rivals, bouncing back from two-week lows against the dollar. This resurgence comes on the heels of strong growth data from Japan, which…

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Oil Prices Back Off a notable dip on Wednesday, retreating from four-week highs as a result of profit-taking and a surprising increase in US crude inventories. This recent development has raised concerns about the strength of global demand, especially in light of the latest reports from OPEC and China. Let’s break down the key factors…

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UK Inflation, Official data from the United Kingdom revealed, was lower than expected in July, providing a glimmer of hope for consumers and policymakers alike. Consumer prices increased by 2.2% compared to the same period last year, slightly below the anticipated 2.3% rise. This comes after a 2% increase in June, suggesting that inflationary pressures…

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