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Treasuries Show Strong Move Back To The Upsid…

Treasuries Show Strong Move Back To The Upsid...

[ad_1] Following the sharp pullback seen in the previous session, treasuries showed a notable rebound during trading on Tuesday. Bond prices moved higher early in the day and saw further upside going into close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 8.6 …

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Gold Futures Settle Slightly Higher

Gold Futures Settle Notably Lower As Dollar R...

[ad_1] Gold futures settled higher on Tuesday but gains for the contract were just marginal as the dollar stayed firm amid bets the Federal Reserve will continue to aggressively hike interest rates. The dollar index surged to 105.53, gaining nearly 0.25%. Gold futures for February ended higher by $1.10 at …

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Will RBI Moderate Rate Hikes?

Treasuries Give Back Ground Amid Lingering In...

[ad_1] The Reserve Bank of India is set to deliver a less aggressive rate hike and switch to a ‘neutral’ policy stance this week as the central bank weighs the effect of an apparent easing in inflationary pressures on an economy struggling to gain momentum. The six- member Monetary Policy …

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South African Economy Q3 Rebound Tops Expecta…

South African Economy Q3 Rebound Tops Expecta...

[ad_1] The South African economy grew more-than-expected in the third quarter, after contracting in the previous three months primarily due to devastating floods in KwaZulu-Natal and load shedding, data from Statistics South Africa showed on Tuesday. In real terms, gross domestic product advanced 1.6 percent sequentially, reversing a 0.7 percent …

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U.S. Trade Deficit Widens As Exports Fall And…

U.S. Trade Deficit Widens As Exports Fall And...

[ad_1] Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report on Tuesday showing the US trade deficit widened in the month of October. The report said the trade deficit widened to $78.2 billion in October from a …

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Slovakia Q3 GDP Expands More Than Estimated

Slovakia Q3 GDP Expands More Than Estimated

[ad_1] The Slovakian economy advanced more than initially estimated in the three months ended September, underpinned by consumer, investment, and foreign demand, the latest figures from the Statistical Office of the Slovak Republic showed on Tuesday. Gross domestic product grew an unadjusted 1.4 percent year-on-year in the third quarter, slightly …

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Mixed Outlook Keeps Crude Oil Prices Volatile…

Mixed Outlook Keeps Crude Oil Prices Volatile...

[ad_1] Crude oil prices remained highly volatile on Tuesday as markets tried to balance between the uncertainty and consequences of a continued Fed tightening, the supply concerns triggered by the price cap on Russian crude oil and the likely revival in demand from an easing in restrictions of China. Earlier, …

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Gold Rebounds After PMI-induced Fed Jitters

Gold Rebounds After PMI-induced Fed Jitters

[ad_1] Gold staged a strong comeback after Monday’s PMI shocker rekindled fears of a fresh phase of Fed tightening. Against October’s reading of 54.4 and expectations of 53.3, the ISM non-manufacturing PMI had jumped to 56.5 percent in the month of November. Gold Futures for February Settlement which had plunged …

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Indian Rupee Weakens To Near 5-week Low Again…

Indian Rupee Weakens To Near 5-week Low Again...

[ad_1] The Indian rupee was lower versus the U.S. dollar in the evening session on Tuesday, as strong U.S. economic data raised concerns that the Federal may raise interest rates more than expected. Overnight data showed that U.S. service sector activity unexpectedly grew at an accelerated rate in the month …

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