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Forex news

Eur fell against the currencies under pressure weakened euro zone economy

  Doubts cast the euro zone's economic strength on the common currency on Wednesday, which hit 7.5226 yuan overseas, the lowest level since June 21. The euro also fell to $ 1.11808 for the first time in a month and a half and approached the lowest level. In more than 14 months. Investors made a profit of 8% in earnings of Credit Suisse, the first major European bank to report…

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Commodities news

Gold prices settle at four-month low

Gold prices recorded some correction higher than their four-month lows on pressure from US equity gains and dollar strength. Traders also closely followed recent developments on the China-US trade front, where the two sides are said to conclude a potential trade deal. US officials will head to Beijing next Tuesday for a new round of talks, the White House said. The White House said it would be followed by more…

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Stocks and Indices news

Wall Street divergence amid corporate earnings announcement

Wall Street opened mixed on Wednesday amid quarterly reports from Boeing, Caterpillar, Nasdaq. Investors are awaiting earnings reports from Tesla, Facebook, Visa, Microsoft and PayPal at the end of the trading day. Earlier in the day, stock futures rebounded, but they lost some momentum after US President Donald Trump announced he would send armed forces to the southern border of the United States with Mexico. Trump will send armed soldiers…

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