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Ibovepsa Crumbles Amid Election Fears
On Friday afternoon, the Ibovespa index sharply fell by over 3%, dipping below the 160,000 threshold. This dramatic decline marked a swift reversal from the record peaks observed earlier, driven...
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Week Ahead - Dec 8th
Next week, the Federal Reserve is poised to make its final monetary policy decision for the year, capturing global market attention. Accompanying this decision, members of the Federal Open Market...
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U.S. Baker Hughes Oil Rig Count Increases to 413, Signaling Production Boost
In a notable shift, the U.S. Baker Hughes Oil Rig Count rose to 413, marking a significant increase from the previous count of 407. This update, released on December...
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Brazilian Real Tumbles Amid Election Rumors
The Brazilian real declined beyond 5.38 per US dollar, following a surge towards the highs anticipated in May 2024. This downturn occurred due to a sudden change in the 2026...
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UK Stocks Close in the Red
London's FTSE 100 relinquished its early gains, closing down approximately 0.5% at 9,669 on Friday, its lowest point in over a week, and lagged behind its European counterparts. The index...
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European Stocks Close Week Higher
European stock markets edged upwards, securing a second consecutive week of gains, as investors continued to evaluate the monetary policy outlook for the coming year, the returns on burgeoning...
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Silver Nears Record Highs
Silver has rebounded above $58, approaching record highs, after a profit-taking decline was quickly reversed. This turnaround was prompted by new data that strengthened confidence in an imminent Federal Reserve...
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Baltic Dry Index Falls for 2nd Day
The Baltic Exchange's dry bulk index, an indicator that monitors the rates for vessels transporting dry commodities, experienced a decline for the second consecutive day on Friday, decreasing by 3.1%...
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Mexican Peso Rises to July 2024 Highs
In a notable development, the Mexican peso has appreciated to approximately 18.16 per US dollar, marking its highest value since July 2024. This rise stems from growing expectations...
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US Dollar Index Holds Near 1-Month Low
The dollar index lingered below 99 on Friday, matching a one-month low, as anticipation of further rate cuts by the Federal Reserve contrasted with stances from other central banks. Market...