Pakistan’s proposed power prices to lift inflation, help industry, analysts say

Pakistan’s proposed power prices to lift inflation, help industry, analysts say
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Pakistan’s proposed power prices to lift inflation, help industry, analysts say
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Monday, Sep 9, 2024 Tuesday, Sep 10, 2024 Wednesday, Sep 11, 2024 Thursday, Sep 12, 2024 Friday, Sep 13, 2024 The post Summary 9/9 – 9/13 appeared first on Action Forex. Source link
Japan’s manufacturing sector remained in contractionary territory in April, with the final PMI reading at 48.7, up slightly from March’s 48.4. While the deterioration in business conditions marked the tenth consecutive month of decline, it remained modest. However, underlying components revealed more concerning trends, with sharper drops in new orders and exports, highlighting persistent demand-side…
Altcoins are rallying, with Ripple reclaiming its position as a top cryptocurrency by market capitalization, up to 3rd. Bitcoin’s price remains range-bound, as investors appear to be diversifying into altcoins. Bitcoin exchange reserves have plummeted, indicating a potential supply squeeze and increased demand. The sustainability of the altcoin rally depends on Bitcoin holding its ground…
Fed Governor Christopher Waller expressed optimism about the US inflation outlook during an interview with CNBC, signaling that rate cuts may be on the table sooner than previously anticipated. Waller highlighted the positive inflation data released yesterday, describing it as “very good.” He suggested that, if this trend continues, “it’s reasonable to think rate cuts…
So here we go again. The big question everyone’s throwing around right now is is the government shutdown over or are we just stuck in reruns? Not yet, and Washington’s turning into a pressure cooker. The federal government is in chaos, the Senate Democrats and Senate Republicans are at each other’s throats, and regular folks…
By RoboForex Analytical Department The USD/JPY pair climbed to a nine-month high on Friday, approaching the key 154.00 level. The yen concluded October with losses of approximately 4%, marking a highly unsuccessful month. The currency’s decline was exacerbated by domestic political shifts, following the election of Sanae Takaichi as Prime Minister. Takaichi is a known…