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BYD Electronic to Acquire Juno Newco Target Holdco Singapore from Jabil Circuit in $2.2 Billion Deal
author-avatar Alice Scott
News, Stocks
August 28, 2023
28 Aug 2023

BYD Electronic to Acquire Juno Newco Target Holdco Singapore from Jabil Circuit in $2.2 Billion Deal

Introduction In a significant move that promises to reshape the landscape of the electric vehicle (EV) industry, BYD Electronic, a subsidiary of the renowned EV manufacturer BYD, has entered into a game-changing acquisition agreement. This strategic...
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Dollar Index Climbs 0.344% to Reach Three-Week High Against Major Currencies
author-avatar Alice Scott
Forex, News
August 2, 2023
02 Aug 2023

Dollar Index Climbs 0.344% to Reach Three-Week High Against Major Currencies

Introduction The Dollar Index, a prominent gauge of the US dollar's performance against six major international currencies, has recorded a significant upswing, surging by 0.344%. This surge has propelled the index to achieve a fresh three-week peak,...
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South Korea Raises Minimum Wage by 2.5% in 2024 Amid Economic Challenges
author-avatar Alice Scott
Economy, News
July 19, 2023
19 Jul 2023

South Korea Raises Minimum Wage by 2.5% in 2024 Amid Economic Challenges

Introduction South Korea's Minimum Wage Commission recently declared a modest 2.5% increase in the minimum wage for 2024. Amid concerns of slowing economic growth and high inflation, the commission reached a decision after an extensive 110-day discu...
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AUD/USD Analysis: Retail Trader Sentiment Shifts as Net-Long Positions Decrease
author-avatar Alice Scott
Uncategorized
July 14, 2023
14 Jul 2023

AUD/USD Analysis: Retail Trader Sentiment Shifts as Net-Long Positions Decrease

Introduction The AUD/USD currency pair has been under the watchful eye of retail traders as sentiment in the market undergoes a notable shift. According to recent data, 49.85% of traders are currently net-long, with a short-to-long ratio of 1.01 to ...
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Natural Gas Prices Experience Back-to-Back Reversals Amidst Growing Open Interest and Volume
author-avatar Alice Scott
Commodities, News
July 13, 2023
13 Jul 2023

Natural Gas Prices Experience Back-to-Back Reversals Amidst Growing Open Interest and Volume

Natural gas prices encountered a setback on Wednesday as they reversed two consecutive days of gains. This unexpected turn of events comes at a time when open interest and trading volume in the market have been steadily rising. The reversal raises co...
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GBP/USD Exchange Rate Surges by 0.4% to Reach 1.2905 Amidst Positive Market Sentiment
author-avatar Alice Scott
Uncategorized
July 11, 2023
11 Jul 2023

GBP/USD Exchange Rate Surges by 0.4% to Reach 1.2905 Amidst Positive Market Sentiment

The GBP/USD exchange rate has witnessed a significant surge, rising by 0.4% to reach 1.2905. This increase can be attributed to the prevailing positive market sentiment. Traders and investors have shown renewed confidence in the British pound, fueled...
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XRP Price Forecast: Legal Settlement and Relisting Could Propel XRP to New Heights
author-avatar Alice Scott
Crypto news
July 8, 2023
08 Jul 2023

XRP Price Forecast: Legal Settlement and Relisting Could Propel XRP to New Heights

Introduction The XRP market is eagerly awaiting the resolution of the ongoing legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). According to renowned analyst Crypto Assets Guy, this impending legal settlement c...
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Exxon Mobil Signals Decrease in Q2 Operating Profit Amid Lower Natural Gas Prices and Weaker Refining Margins
author-avatar Alice Scott
News, Stocks
July 6, 2023
06 Jul 2023

Exxon Mobil Signals Decrease in Q2 Operating Profit Amid Lower Natural Gas Prices and Weaker Refining Margins

Introduction Exxon Mobil (NYSE:XOM), one of the world's largest publicly traded energy companies, recently announced that it expects a significant decline in its second-quarter operating profit. In a regulatory filing, the company attributed this an...
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Trade War Escalation: Qualcomm and Intel Experience Declines as Beijing-Washington Tensions Mount
author-avatar Alice Scott
News, Stocks
July 6, 2023
06 Jul 2023

Trade War Escalation: Qualcomm and Intel Experience Declines as Beijing-Washington Tensions Mount

Introduction The ongoing trade war between Beijing and Washington continues to generate ripples across global markets. Chipmakers Qualcomm (NASDAQ:QCOM) and Intel (NASDAQ:INTC) have recently faced the consequences of escalating tensions, with both c...
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Stock Market Futures Dip as Dow, S&P 500, and Nasdaq Decline in Early Morning Trading
author-avatar Alice Scott
News, Stocks
July 6, 2023
06 Jul 2023

Stock Market Futures Dip as Dow, S&P 500, and Nasdaq Decline in Early Morning Trading

Introduction At 7:08 a.m. ET, stock market futures experienced a downward trend, with the Dow, S&P 500, and Nasdaq all showing losses. These early morning figures provide a glimpse into the potential market direction for the day. This article wi...
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Global Stock Futures Dip Marginally, DAX, CAC 40, and FTSE 100 Show Slight Declines
author-avatar Alice Scott
News, Stocks
July 5, 2023
05 Jul 2023

Global Stock Futures Dip Marginally, DAX, CAC 40, and FTSE 100 Show Slight Declines

Introduction Global stock futures witnessed slight downward movements during early morning trading hours as major European indices showed minor declines. The DAX futures contract in Germany traded 0.2% lower, followed by the CAC 40 futures in France...
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Goldman Sachs Contemplating Ending Partnership with Apple
author-avatar Alice Scott
News, Stocks
July 1, 2023
02 Jul 2023

Goldman Sachs Contemplating Ending Partnership with Apple

Introduction Reports from the Wall Street Journal indicate that Goldman Sachs is contemplating an exit from its partnership with Apple (NASDAQ: AAPL). Citing sources familiar with the matter, the news has sparked speculation about the future of thei...
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