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Do we have a new Crypto Rush? The cryptocurrency market has revived its bullish sentiments after about 4months of price decline as analyst predicted doom in the crypto world. Well, today there is much of a relief for some investors that still held on. We will be taking a tour on some Cryptocurrencies and their […]

by Adegbotolu Kehinde Erastus
3 years ago
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Gold continued to rise, hovering around 1.5% on Friday, close to $1780 per ounce. After the release of the strong US employment report, the sell-off earlier this month has pushed gold to below $1,700 per ounce. CFTC data shows that during the reporting week on August 10, COMEX gold‘s speculative net long position decreased by […]

by Lulama Msungwa
3 years ago
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● Markets are busy in the week ahead● The economic calendar features a variety of key events such as the central bank, CPI, and retail sales data● The Kiwi will be eyeing the RBNZ monetary statement● Technical outlook Week ahead Monday; Another surge in COVID-19? The markets are set to be quite off to start […]

by Lulama Msungwa
3 years ago
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After experiencing massive gains at the first half of the year due to high demand coming from China, prices of oil have continued to slide due to the uncertainty surrounding Covid-19. Reports indicate that the resurgence of Covid-19 infections has slowed down demand on the black gold. China which is the second-largest consumer of oil […]

by Adegbotolu Kehinde Erastus
3 years ago
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The official cash rate report by the RBNZ (Reserve Bank of New Zealand) will be an event to watch out for on this week’s economic calendar. The forecast has it already that there is likely to be a rate hike by 25basis point to 0.50% from 0.25%. As we have it, the New Zealand economy […]

by Adegbotolu Kehinde Erastus
3 years ago
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