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Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data-analytics company Palantir released its second-quarter earnings, beating Wall Street’s expectations for revenue and giving upbeat guidance for the current quarter. Shares of the company were up more than 5% premarket. Here’s how
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Dollar drops notably in early US session after consumer inflation data. Headline CPI was steady while core CPI slowed a little. At least, inflation hasn’t been worsening from Fed’s “transitory rhetoric”. US stock futures also jump, probably on reduced concerns over monetary tightening. New Zealand and Australian Dollars are currently the strongest, followed by Swiss
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USD/JPY pauses the gain after testing monthly highs near 110.80. US Dollar Index skids below 93.00 upon disappointing CPI data. The yen gains on its safe-haven appeal despite the concerns of the Delta variant. After testing the recent highs on Wednesday, USD/JPY retreats in the Asian session on Thursday.  A pullback correction in the US
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NEW DELHI: Guar gum prices on Wednesday fell Rs 13 to Rs 7,529 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for August delivery fell by Rs 13, or 0.17 per cent, to Rs 7,529
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Dollar’s rally continues in Asian session today, in particular against Euro, Swiss Franc and Yen. Though, cautious comments from Fed Evans is not giving any particular boost elsewhere. Commodity currencies are still resilient, as supported by overall optimistic sentiment, with DOW closing at new record high. Main focus will now turn to US consumer inflation
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US CPI Overview Wednesday’s US economic docket highlights the release of the critical US consumer inflation figures for July, scheduled later during the early North American session at 12:30 GMT. The headline CPI is expected to decelerate to 0.5% during the reported month from the 0.9% increase recorded in June. The yearly rate is also
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