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Market picture The cryptocurrency market shed a further 0.7% of its capitalisation in 24 hours to $2.26 trillion, coinciding with a strengthening of the dollar and a short-term fixation in gold as markets reacted to Powell’s hints that the Fed would prefer 25-point rather than 50-point cuts. The confident momentum in equity indices suggests that […]

The post Crypto’s Step Back for Acceleration appeared first on Action Forex.

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27/03/2024

NZ First Impressions: Budget Policy Statement Review

The Government’s first Budget Policy Statement confirms that Budget 2024 will unveil a markedly weaker fiscal outlook and a further increase in the government’s borrowing requirement. Today the new coalition Government released its first Budget Policy Statement (BPS). As expected, the BPS set out the Government’s priorities, an update on the economic outlook and its […]
01/08/2024

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