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Asian currencies experienced minimal movement on Wednesday due to uncertainty surrounding key factors such as U.S. inflation data and potential intervention by the Japanese government in currency markets. The anticipation of upcoming consumer price index inflation data for March has kept traders cautious, as it is expected to reflect sticky inflation trends. This, in turn,
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The dollar has seen a slight increase as traders eagerly await the U.S. consumer price inflation report for March. This report, scheduled to be released at 1230 GMT, will provide important insights into the Federal Reserve’s policy outlook. The recent strong jobs report has raised questions about potential rate cuts by the Fed this year,
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The Sui Basecamp conference recently opened its doors in Paris, bringing together developers and entrepreneurs from around the globe to celebrate Paris Blockchain Week. This two-day event features speakers across various industry verticals, showcasing the latest advancements in web3 technology. Attendees have the opportunity to learn about cryptography from leading technologists, participate in fireside chats
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China’s economic recovery is heavily dependent on the revival of home prices, according to Richard Koo, chief economist at Nomura Research Institute. The need to instill confidence in the market to stimulate both business and consumer borrowing is a pressing issue. With home prices experiencing a decline, there is a growing concern that China may
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