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The market is supposed to see quieted start today as the GIFT Clever shows a level opening for the more extensive record, with a deficiency of 14.50 focuses subsequent to opening the meeting at 19,543.50. On July 13, the Sensex was up 164.99 focuses or 0.25 percent at 65,558.89, and the Clever was up 29.50...
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Extra offers 2023: Thangamayil Gems shares are one of the multibagger stocks that Indian financial exchange has delivered in ongoing year. The little cap stock has areas of strength for given in post-Coronavirus bounce back. In most recent three years, this little cap gems stock has ascended from around ₹225 to ₹1655 each levels, conveying...
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stock market
Extra offers 2023: Thangamayil Gems shares are one of the multibagger stocks that Indian financial exchange has delivered in ongoing year. The little cap stock has areas of strength for given in post-Coronavirus bounce back. In most recent three years, this little cap gems stock has ascended from around ₹225 to ₹1655 each levels, conveying...
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Crude oil is bumping up against the top end of the recent range going into Friday’s session as robust US data lifted the outlook for economic activity in the world’s largest economy. Stockpiles of crude reported by the US Energy Information Agency (IEA) revealed a drop of 1.508 million barrels for the week ended June...
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CANADIAN DOLLAR FUNDAMENTAL BACKDROP The Canadian dollar has enjoyed marginal gains against the USD over the first half of 2023 but recent weakness has brought the pair to a key inflection point. The greenback has gained favor after a more hawkish rhetoric from the Federal Reserve which was reiterated in yesterday’s FOMC minutes. The majority...
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AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP As we enter the second half of 2023, the Australian dollar is trading at a key inflection point against the US dollar after yesterday’s Independence Day celebrations in the US. The morning kicked off in Asian trade with two important economic releases including both the Australian PMI and Chinese Caixa PMI’s....
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The Australian Dollar took a hit after the RBA paused in its tightening of monetary policy following a 25 basis point lift last month to leave the cash rate at 4.10%. The ASX 200 got a boost on the news. The move appeared to have the echo of a similar stance by the US Federal...
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The Euro started a new week with falls against the United States Dollar, retracing some of Friday’s strong rebound, as economic data from Eurozone economies continue to disappoint. Monday has already seen the release of many Purchasing Managers Index numbers, from Europe and elsewhere. These closely-watched indicators offer a timely steer on economic direction. Europe’s...
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China/Hong Kong equity indices were steady amid hopes of a broader stimulus after data showed manufacturing activity in China rose slightly while non-manufacturing activity softened in June. China NBS Manufacturing PMI advanced to 49.0 in June, in line with expectations, compared with 48.8 last month. China’s NBS Non-Manufacturing PMI slipped to 53.2 in June from...
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US DATA, HAWKISH ECB POLICYMAKERS, ECB FORUM EUR/USD enjoyed a decent rally yesterday despite the return of US Dollar strength in the US session following positive US data. However, this was largely offset by ongoing hawkish commentary from European Central Bank (ECB) policymakers at the ECB Forum in Sentra, Portugal. Currency Strength Chart: Strongest –...
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