Strategies

The Dow Jones Industrial Average reached a historic peak on Monday, although major tech companies decided to pause, resulting in a mixed finish for U.S. stock indexes. While the S&P 500 dropped by 0.3%, getting close to its July record which is only 0.9% away, the Nasdaq experienced a 0.9% decline. This decrease can be
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The chief executive of Turkey’s largest private bank, Isbank, has highlighted the challenges that lie ahead for the country’s banking sector in the midst of economic uncertainties. Hakan Aran, the CEO of Isbank, expressed concerns about the impact of Turkey’s economic turnaround and the ongoing struggle with inflation. Aran emphasized that Turkish banks are set
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In anticipation of the Federal Reserve’s upcoming interest rate decision in September, more investors are turning their attention towards dividend stocks. According to Paul Baiocchi, the chief ETF strategist at SS&C ALPS Advisors, this shift is a smart move considering the expected easing of rates by the Fed. Baiocchi pointed out that investors are transitioning
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The article highlights the changing dynamics in business price-setting behaviors, particularly in response to increased pressures on wages. It suggests that further analysis is needed to ascertain the implications of this trend. While the information provided is insightful, it lacks depth in explaining the specific factors driving these shifts in pricing strategies. A more thorough
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The Australian labour market has been displaying an impressive level of resilience, which is causing a headache for policymakers attempting to control inflation. Despite the recent Consumer Price Index (CPI) figures showing annual inflation in line with expectations, the sustained strength of the services sector, fueled by robust job market conditions, is posing a challenge
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The Dollar Index (DXY) is currently experiencing a slight decline, trading at $102.911. A bearish engulfing candle has formed on the 4-hour chart after a retracement to the 38.2% Fibonacci level at $103.039, indicating the potential for further downside correction. Both the 50-day and 200-day EMAs are showing bearish momentum, positioned at $103.027 and $103.872
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The AUD/USD pair saw an uptick, reaching 0.6950, following Reserve Bank of Australia’s (RBA) Governor Michele Bullock’s remarks. Despite mixed economic forecasts and rising inflation, the market responded positively to Bullock’s hawkish stance. Her comments indicated a cautious approach towards potential inflation risks, stating that it was too early to consider rate cuts. This stance
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The recent US Retail Sales report has sparked discussions among economists and analysts regarding its impact on the US economy. One notable comment comes from Arch Capital Global Chief Economist Parker Ross, who pointed out the significance of core services inflation bouncing back in July. This shift in inflation trends has raised concerns among Fed
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The persistent selling bias surrounding the Greenback has continued, resulting in subdued price action for yet another session. This downward trend has been exacerbated by the latest July CPI data, which confirms the ongoing disinflationary pressures in the US economy. The USD Index (DXY) experienced a drop to multi-day lows near 102.30 as a direct
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