Wednesday, November 13, 2024

Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA

DOLLAR DROPP
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U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday's widely watched monetary policy meeting The risk-sensitive Australian and New Zealand dollars rose from one-week lows...

Takeaways And Things You See and Explore at Education Expo Dubai 2022-23

Expo Dubai
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Organizing College or University Expo Is a Great Way to Provide an Opportunity for Global Students to Find Their Dream College. An Education Expo Helps You in This. To Help You Learn More About Education Expo, We Have Included Topics You Should Know About...

Sensex Sheds Nearly 100 Points, Nifty Hovers At 17,850; IT Shares Weak

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The domestic stock markets have opened on a cautious note in the absence of any positive cues from the global front. The S&P 500 and Nasdaq indexes ended lower on Monday as tech shares weighed on equities in the quarter's final week and stocks...

retreated,narrowing,manufacturing,potentially,expecting,narrowing,

Asia FX
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Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of...

Oil Rises After Steep Losses, But Recession Fears Limit Gains

Oil rises
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Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global recession and signs of another major build in U.S. inventories kept gains limited. Crude prices have fallen into a holding pattern over the past...

Non-power coal users claim supply shortage; government denies it

Non-power coal users claim supply shortage; government denies it
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India's aluminium smelters, textile mills, sponge iron and fertiliser-makers say they face a coal shortage as power generators take the bulk of supplies. India's top miner Coal India Ltd, which accounts for more than 80% of India's production of the fuel, and the federal coal...

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...

US President Biden unveils plan to invest $555 bn on green energy

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President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles, and resilience. If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint,...

Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting

Eknath Shinde
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Eknath Shinde asked Mumbai civic authorities to depute 5,000 "Swatchhta Doots" (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in...

Experts Say It’s Unlikely Fully Vaccinated People Are Unknowingly Spreading COVID-19

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Those who previously had COVID-19 may wonder how strongly they are protected from the delta variant.Natural immunity does, in many cases, protect people from reinfection. And when they do occur, they tend to be mild.Due to the unknowns, some experts are advising people who...