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Gold demand raises as economic data fall
Worries about China Tensions scared the markets. On Monday, the focus of the economic data was on PMI numbers. Purchasing Manager Index from the most developed economies published. Data shows that the economic slowdown now seems more accurate. U...
PYPL Earnings Preview - Q2 2022
The international market pressure on earnings outlookPayPal Holdings, Inc. (PYPL) is to release its earnings report for the second quarter ending Jun 2022 on Tuesday, 2 August. According to Zacks Investment Research, based on 15 analysts' forecasts,...
Bitcoin uptrend confirmed – retracing into current range
Bitcoin closed up four out of seven sessions last week and confirmed the upward bias with a new fractal low and fractal high! Bitcoin price is above $23,000 currently. A glance at the daily chart reveals Bitcoin has reversed its climbing after testin...
Asian data increase the concerns!
European mix data questioned the previous week's growth.After US GDP numbers show technical recession in the US, it is the Asian turn to raise the concerns. According to the data published on the first day of August, factory activities in South Korea...
Can we trust the EU GDP surprise?
Growth where was not expected!After disappointing US GDP numbers, today's EU GDP surprised the market participants with 0.7% raise in the second quarter. Thanks to the growth in Spain, France, and Italy, the Eurozone gross domestic product...
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