Natural Gas Prices Show Signs of Bounce Amidst Consolidation

Introduction Natural gas prices have been consolidating within the $2.00-$3.00 MMBtu range for some time now. However, recent gains in open interest and volume suggest that the commodity may be poised for a near-term bounce. In this article, we will explore the current state of natural gas prices and provide.

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Syngenta Q4 Earnings Drop 25% Due to Higher Costs

Syngenta, a Swiss agrichemicals and seeds group, reported a 25% drop in earnings before interest, tax, depreciation, and amortization (EBITDA) in the fourth quarter of 2021, largely due to higher raw material and energy costs. The company, which is planning to go public in the coming months, also spent more.

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PancakeSwap Dominates Binance Smart Chain with 1.7M Users in 30 Days

Introduction The Binance Smart Chain (BSC) ecosystem has seen significant growth in recent months, with several decentralized applications (dApps) emerging in the space. PancakeSwap is one of the most popular dApps on the BSC, dominating the ecosystem with its impressive user base. In this article, we will explore PancakeSwap’s dominance.

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EUR/USD Maintains Bullish Momentum Despite Possible Downside Risks

Introduction The EUR/USD currency pair has been showing a bullish trend in recent days, closing positively for four straight trading days. The currency pair is expected to continue this momentum and surpass the 1.08 barrier, according to economists at ING. However, they also warn of possible downside risks stemming from.

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Dollar Near Five-Week Lows Ahead of Fed Decision

The US dollar is trading near five-week lows in early European trade, as investors await the latest Federal Reserve interest rate decision. The Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 102.825 at 03:55 ET (07:55 GMT), just above a new.

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Bearish Signals Confirm Downside Bias for Silver Prices

The recent trend in silver prices has been bearish, with the XAG/USD price experiencing a three-day losing streak. This trend has been confirmed by a bearish chart pattern that emerged two weeks ago, signaling a potential downside bias for the silver prices. The bearish signals have been strengthened by the.

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Australia’s Battery Industry: Job Creation and Global Potential

Introduction The global demand for batteries is growing at an unprecedented pace, driven by the rapid uptake of electric vehicles and the global acceleration in the energy transition. According to a report backed by the Australian government and battery industry research group Future Battery Industries, the demand for batteries is.

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EUR/USD Maintains Upside Bias Amidst Central Bank Remarks and Anticipation of Fed Meeting

The EUR/USD currency pair has held an upside bias near the 1.0800 region due to several factors. Firstly, the European Central Bank (ECB) President, Christine Lagarde, has commented that underlying inflation dynamics remain strong, which has boosted investor sentiment. Additionally, the anticipation of the Federal Reserve’s (Fed) interest rate decision.

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Lebanon Central Bank Halts Currency Devaluation

Lebanon’s central bank has announced that it will begin selling unlimited amounts of US dollars in response to the devaluation of the Lebanese pound. The move comes after the pound’s parallel market rate weakened from roughly 121,000 to the US dollar on Tuesday morning to 140,000 by the afternoon, leading.

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Gold Prices Stabilize Ahead of Fed Interest Rate Decision

Introduction Gold prices have stabilized within a tight range on Wednesday after experiencing a sharp drop in the prior session. Markets are in a state of anticipation ahead of the Federal Reserve interest rate decision, while fears of a banking crisis have eased, leading to lesser safe haven demand for.

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First Republic Bank Struggles to Secure Capital Infusion

First Republic Bank’s attempts to secure a capital infusion have hit a roadblock as major banks and private equity firms hesitate to invest. This has left the regional lender grappling with the possibility of downsizing or relying on a government backstop. The bank’s struggle to secure a capital infusion is.

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Oil Prices Drop on Rising US Inventories and Fed Rate Decision

Introduction Oil prices in early Asian trade on Wednesday experienced a drop as industry data indicated another week of increasing inventories in the world’s largest crude consumer. The drop in prices is also due to the Federal Reserve’s upcoming interest rate decision, which has created cautious plays. Impact of Rising.

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