Oil Prices Fall Amid Trump Policy Uncertainty
Oil prices continued their downward slide on Thursday, marking the sixth consecutive day of losses in Asian trading. This sustained decline reflects growing unease about how Donald Trump’s proposed trade tariffs and energy policies could impact global economic growth and...
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Gold Prices Near Three-Month High Amid Dollar Weakness
Gold prices remain in focus as they continue to hover near their three-month peak. On Thursday, the market saw little change, supported by a weaker U.S. dollar and growing uncertainty around global trade policies. Here’s a detailed breakdown of the...
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UK Budget Deficit Widens, Pressuring Chancellor Reeves
In December, UK Budget Deficit soared beyond expectations, primarily driven by rising debt interest costs and military property purchases by the government. These financial strains are putting significant pressure on Chancellor Rachel Reeves as she navigates the nation’s fiscal challenges....
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Asian Currencies Struggle Amid U.S. Tariff Threats
As financial markets continue to grapple with the impacts of global trade policies and geopolitical events, most Asian currencies faced downward pressure on Wednesday. Investors are cautious ahead of new trade tariffs expected from the U.S. under former President Donald...
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Canada’s Inflation Rate Eases in December 2024
Canada’s Inflation Rate eased to 1.8% in December 2024, slightly down from 1.9% in November, falling just below market expectations. This marks the lowest rate of price growth since September 2024, as inflation remains within or below the Bank of...
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