Better Economic Data Helps Erase Global Selloff
US equities have already erased losses from global selloffWe ended our last Midweek Macro on the recent global selloff noting…
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Africa: AI Sifts Africa’s Natural Remedies for Drug Discovery
Lagos — Artificial Intelligence (AI) and traditional medicine may seem like strange bedfellows but African researchers are harnessing…
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Oil prices settle $1 up on hopes of a US Fed rate cut next month
By Nicole Jao (Reuters) -Oil prices settled up more than 1% on Thursday, as expectations for a U.S. interest rate cut in a few weeks fueled…
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Chile’s Codelco could face $8 million fine for tailings dam violations
SANTIAGO (Reuters) - Chile's environmental regulator on Thursday said it filed two charges against state giant Codelco over the management…
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This is the key driver for higher gold prices in 2025: Citi
According to Citi, the shift in gold ETF flows will be a critical driver for higher gold prices into 2025.After a prolonged period of…
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Factbox-Kursk nuclear plant is one of Russia’s top atomic power stations
MOSCOW (Reuters) - President Vladimir Putin accused Ukraine on Thursday of trying to strike Russia's Kursk nuclear power station in an…
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Reactions to China’s anti-subsidy probe on EU dairy imports
BEIJING/LONDON (Reuters) - China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc's…
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Oil prices settle higher, but brace for hefty weekly losses
Investing.com-- Oil prices settled higher Thursday, helped by an unexpected draw in U.S. inventories, but remained on course for hefty…
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Pressure on crude could pose a short-term buying opportunity: Citi
Investing.com -- Oil prices have declined slightly in recent weeks, with near $75 per barrel. Citi Research in a note dated Wednesday…
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Gold positioning does not look stretched despite record highs: UBS
Investing.com -- In August 2024, prices reached record highs, surpassing $2,500. Despite this, UBS analysts believe the gold market is not…
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