Potential

Japan’s Economy Minister Yoshitaka Shindo recently made remarks regarding the expected trajectory of the Japanese economy. He expressed optimism about the economy’s ability to sustain a moderate recovery in the near future. However, he also highlighted the importance of being vigilant about potential risks associated with foreign exchange fluctuations that could lead to an increase
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Minneapolis Fed President Neel Kashkari recently spoke on the need for higher for longer interest rates, citing uncertainty around the current level of monetary policy. He expressed concerns about the downward pressure being put on the economy by the existing interest rates, highlighting that this is still an unknown variable. This uncertainty suggests that a
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The upcoming economic data presents a challenging situation for Federal Reserve chairman Jerome Powell. While there may be some temporary relief in the data, the persistent signs of sticky inflation and above-trend growth are likely to overshadow any positive developments. According to Phillip Colmar, managing partner and global strategist at MRB Partners, the underlying trend
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When considering making investment decisions, it is important to understand that there are risks and uncertainties involved. The information provided on various platforms is meant for informational purposes only and should not be taken as a direct recommendation to buy or sell certain assets. It is crucial that individuals conduct their own thorough research before
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The upcoming retail sales figures are expected to have a significant influence on the Federal Reserve’s rate path. A weaker-than-expected retail sales report could indicate a softer inflation outlook, potentially reducing the likelihood of a Fed rate hike in the near future. With economists forecasting a modest increase of 0.4% in April following a 0.7%
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Upon analyzing the Elliott Wave charts of Ethereum ETHUSD, it is evident that the cryptocurrency is showing incomplete sequences in the cycle from its March peak. This signifies that there is more weakness expected in the short term for Ethereum. The projected target area for Ethereum is between 2700.3-2057.9, where potential buyers may step in.
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In a bold move towards technological advancement, Swedish financial technology company Klarna has reported that a significant majority of its workforce is now utilizing generative artificial intelligence tools as part of their daily tasks. With over 87% of its employees engaging with AI tools such as OpenAI’s ChatGPT and the company’s own internal AI assistant,
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Gold price saw an increase in trading activity on Tuesday, despite the consolidation of the US Dollar. The current market sentiment is cautiously optimistic, but there are potential factors that could impact the price of gold in the near future. Traders are waiting on the sidelines ahead of key US inflation data that is set
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The recent survey released by the Federal Reserve Bank of New York showed that Americans are increasingly concerned about inflation. The survey indicated that consumers expect inflation to reach 3.3% a year from now, up from March’s 3%. Additionally, they anticipate inflation to be at 2.8% three years from now. This growing apprehension about rising
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