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The New Zealand Dollar has been making strides against the US Dollar, attempting to break above the key resistance level of 0.6000. The recent positive movement started from the 0.5940 zone and successfully cleared obstacles around 0.5990 and 0.6000. A significant breakthrough was the crossing of a major bearish trend line with resistance at 0.5990.
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In a recent announcement, Chinese video games giant NetEase revealed its partnership with Microsoft to reintroduce popular games like “World of Warcraft” back to China. This collaboration comes after a previous fallout that led to the end of a decade-long partnership between NetEase and Blizzard Entertainment. According to the press release, both NetEase and Microsoft
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Discover the best websites for freelancers to make money! We've compiled a list of top platforms that connect you with lucrative opportunities to showcase your skills and earn. From Upwork to Fiverr, these websites offer a range of possibilities for freelancers to tap into their expertise. Take your freelance career to the next level by checking out this article now.
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China’s economy is facing significant challenges, with the need to boost economic activity and convince people that home prices are on the rise. This article will delve into the key issues and obstacles that China is currently grappling with, as well as the potential solutions that experts are advocating for. Richard Koo, chief economist at
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The prospect of a higher-for-longer rate path could have significant implications for consumers. An increase in interest rates would result in higher borrowing costs, ultimately affecting disposable income. This, in turn, could potentially dampen consumer spending and curb demand-driven inflation. The overall outlook on the economy would be influenced by these downward trends in disposable
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One of the key points emphasized in the information provided is the importance of performing due diligence before making any financial decision. It is crucial for individuals to conduct their own research, exercise discretion, and seek advice from competent advisors. This ensures that one fully understands the risks involved in any investment and can make
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President Joe Biden is working to breathe new life into a plan to construct the first-ever high-speed rail system in the United States, using technology inspired by Japanese bullet trains. Sources have indicated that he is expected to discuss this ambitious project with Japan’s Prime Minister during his visit to Washington this week. The proposed
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The Bank of Japan Governor Kazuao Ueda’s comments on the inflation and policy outlook highlight several key factors that will influence the future direction of monetary policy. The expectation of trend inflation gradually accelerating raises the possibility of a reduction in monetary stimulus if inflation approaches the 2% target. However, uncertainties surrounding factors such as
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