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Grayscale has filed to launch a lower-fee Bitcoin ETF

Grayscale has filed to launch a lower-fee Bitcoin ETF

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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S&P closes at a new record

S&P closes at a new record

The S&P index is closing at a new record level the whole record level reached last Friday was at 5157.35. Though there was no problem in closing will be available 5175.25.The NASDAQ index ticked just above its high record closing level at 16274.94. The high price...

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Economic calendar in Asia 13 March 2024 – nearly empty

Economic calendar in Asia 13 March 2024 – nearly empty

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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The light US economic calendar will continue on Wednesday

The light US economic calendar will continue on Wednesday

If it feels quiet, that's because the Fed is in the blackout window ahead of the March 20 FOMC decision. That's shaping up to be an important one, not because of a potential rate move, but because the new dot plot could show less than 75 basis points in easing.Until...

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US dollar softens as the Nasdaq stretches gain to 1.4%

US dollar softens as the Nasdaq stretches gain to 1.4%

It's a feeding frenzy in the Nasdaq today despite a worrisome US inflation report and rising Treasury yields. All the elements are in place for equity market selling but we're getting the opposite. Chipmakers and some other high-flying stocks are leading the way...

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US EIA now sees stronger oil production growth in 2024

US EIA now sees stronger oil production growth in 2024

Everyone in the oil market wants discipline in US shale but at $78/barrel there is still plenty of money to be made that is keeping the taps running.The EIA now sees US crude production up 260k bpd in 2024 compared to a rise of 170k bpd in the previous forecast. That...

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US treasury to sell $39 billion of 10 year notes at 1 PM ET

US treasury to sell $39 billion of 10 year notes at 1 PM ET

The U.S. Treasury will sell $30 billion of 10-year notes at 1 PM ET. Yesterday, the sale of 3-year year notes was a success with the high-yield coming in below the WI level at the time of the auction (a negative tail). Moreover, the treasury will complete the coupon...

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