Friday, July 25, 2025

The abandoned airport terminal where everything still works

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The first thing you notice about New Orleans are the burying grounds -- the cemeteries -- one of the best things there are here" wrote Bob Dylan in his 2004 book "Chronicles: Volume One.""Going by, you try to be as quiet as possible, better...

Asia FX Hunkers Down Ahead of Fed Meeting, Dollar Slips

ASIA FX
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Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the...

ECB To Raise Rates Again And Face Questions About Future Path

ECB
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The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace...

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

GOLD STEADY
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Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in...

Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

Oil surges
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Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start...

Chinese Yuan hits 4-Mth High on Reopening cheer, U.S. Payrolls Awaited

Chinese Yuan
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The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the...

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

jerome Powell
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Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of...

Dr. Martens Plunges After Fresh Profit Warning

Dr. Martens
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Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced to cut its forecasts once again in response to problems in North America. Dr. Martens said a variety of operational problems had created a...

Nikkei Closes Above 33,000 For The First Time In 33 Years

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Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in 33 years, led by technology shares on expectations of a flood of investment in chip-related companies. SoftBank Group Corp jumped 5.25% on reports it may team up on an...

Oil Sinks Further as China COVID Concerns outweigh Tightening Supply

Oil sinks
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Oil prices fell further on Thursday as increasing COVID-19 cases in China brewed more doubts over slowing crude demand, even as data showed U.S. inventories dropped far more than expected and as supply appeared to be tightening. China reported over 20,000 daily new cases...