September 8, 2024

Oil Prices Keep Falling and Register a Hefty 8% Weekly Loss

Oil Prices Keep Falling and Register a Hefty 8% Weekly Loss

Oil Prices Keep Falling took a significant hit on Friday, continuing a downward trend that has seen crude values fall sharply throughout the week. Concerns over a supply glut and weaker-than-expected demand have weighed heavily on the market, leading to substantial weekly losses for both Brent and US crude oil. Let’s break down the key …

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Wall Street Reverses Lower After US Payrolls Report

Wall Street Reverses Lower After US Payrolls Report

Wall Street Reverses on Friday, US stock indices initially opened higher, but quickly reversed course following the release of the US payrolls report. The report showed that the economy added only 142,000 jobs in August, falling short of the 161,000 jobs that analysts had expected. This weaker-than-anticipated data led to a shift in market sentiment, …

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Euro Marks One-Week High Ahead of US Payrolls Report

Euro Marks One-Week High Ahead of US Payrolls Report

Euro Marks recently reached a one-week high against a basket of major currencies, continuing its upward trajectory for the third consecutive session against the US dollar. This movement comes ahead of the US payrolls report, a significant indicator that could shape future economic policies. Let’s dive deep into the dynamics behind the Euro’s current performance …

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Wall Street Heads Lower as Investors Assess Latest Data

Wall Street Heads Lower as Investors Assess Latest Data

Wall Street Heads Lower experienced a downturn on Thursday as investors digested the latest economic data and awaited a crucial payrolls report scheduled for tomorrow. Recent figures revealed slower job growth and a significant rise in layoffs, contributing to the market’s cautious sentiment. With major stock indices moving lower, market participants are closely monitoring these …

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Euro Moves in a Positive Zone Ahead of US Data

Euro Moves in a Positive Zone Ahead of US Data

Euro Moves in a making notable gains against a basket of major currencies, particularly the US dollar, as it enters a positive zone for the second consecutive day. This rise comes amid growing divisions among European Central Bank (ECB) policymakers over future eurozone interest rate cuts. As the US Federal Reserve hints at a potential …

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Introducing Bullionz New Crypto Exchange

Introducing Bullionz New Crypto Exchange

Introducing Bullionz the world of cryptocurrency continues to evolve, and now, more than ever, traditional investment platforms are stepping into the digital realm. One such platform making waves is Bullionz, a company initially known for its user-friendly gold trading services. With a solid foundation built on its gold-backed digital token, BTXG, Bullionz is now expanding …

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