Potential

Argentina’s dollar-denominated bonds faced significant challenges this week, as all restructured bonds experienced a decline in price by over 1 cent. This drop comes on the heels of investor concerns surrounding the government’s decision to sell dollars and its potential impact on reserve accumulation. The 2035 maturity bond bore the brunt of the fall with
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BlackRock, a major player in the asset management industry, reported a 10% increase in profits in the second quarter. This growth was primarily driven by the strong performance of its Exchange-Traded Funds (ETFs), which saw record inflows in the first half of the year. The company achieved a milestone by reaching $10.6 trillion in assets
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The recent comments made by Federal Reserve Chair Jerome Powell have had a significant impact on the dollar, causing it to hover around five-week lows. Powell’s remarks have bolstered the case for a rate cut in September, leading to a shift in rate cut expectations among market participants. This has resulted in the dollar index
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The USD/JPY pair is showing an upward trend, currently trading around 158.30 during the early Asian trading session. This rise can be attributed to the slight recovery in the US Dollar (USD) market. Investors are closely monitoring the US June Retail Sales data and eagerly anticipating the speech by Federal Reserve Chair, Adriana Kugler, for
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The recent attempted assassination of former President Donald Trump has sent shockwaves through the global markets, with Asian assets being the first to react to the news. This incident has further intensified the already high political tension in the U.S., raising questions about the potential impact on trading and investing in Asia. This article will
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The recent assassination attempt on former President Donald Trump during a campaign rally in Pennsylvania has sent shockwaves through the financial markets. Analysts and investors around the world have been closely monitoring the situation to gauge the potential impact on the upcoming election and market stability. The incident has sparked concerns about political violence and
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