Gladys
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Thai Stock Market May Halt Its Slide On Friday
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it's due for support on Friday. The global forecast is upbeat on an improving outlook for i
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Gold ticks higher on geopolitical risk and positive outlook for demand
Gold price rises slightly as geopolitical risks heighten and Chinese trade data rebounds. The World Gold Council publishes its monthly report, highlighting Asian demand and central bank buying. Gold pulls back from resistance and returns to trading within a developing range. Gold price (XAU/USD) is
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SPDR Energy Select Sector ( $XLE) Found Buyers at the Blue Box Area as Expected.
Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Energy Select Sector ($XLE). The rally from 1.18.2024 low at $78.98 unfolded as 5 waves impulse. We expected the pullback to unfold in 3 swings and find buyers again. We will explain th
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Sensex, Nifty To Follow Global Peers Higher After Weak US Data
Indian shares look set to open higher on Monday amid improved global sentiment as weak U.S. data raised hopes that the Federal Reserve could start cutting interest rates soon. Kotak Mahindra Bank shares could be in focus after the private sector bank reported an 18 percent increase in Q4 net profit
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Australian Dollar extends gains due to improved risk appetite
The Australian Dollar rises on risk-on sentiment after softer US jobs data released on Friday. The Australian Dollar received strength from the hawkish sentiment surrounding the RBA. The Nonfarm Payrolls report indicated fewer jobs added than anticipated in April, marking a notable deceleration from
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French Industrial Output Falls Unexpectedly
France's industrial production declined unexpectedly in March after rebounding in the previous month, data from the statistical office INSEE showed on Friday. Industrial output dropped 0.3 percent on a monthly basis, reversing a 0.2 percent rise in the previous month. Meanwhile, economists had expec
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Pull-up Update