Gold Steady After Biggest Weekly Drop Since June on Fed Liftoff

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Gold was stable on Monday after its biggest weekly drop since June as investors weighed monetary policy tightening in the U.S. against the impact of Russia’s war in Ukraine. The metal fell 3.4% last week as the Federal Reserve raised interest rates for the first time since 2018. Several officials urged a faster pace of policy tightening to curb the hottest inflation in 40 years. The Fed will need to…

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What Is ApeCoin and who is the mastermind behind it?

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Out of all the limelight-stealing NFTs, the Bored Ape Yacht Club (BAYC) and related collections are probably the most prominent. They featured bored-looking apes that could be customised down to the tiniest detail based on the buyer’s taste. These seemingly-ordinary looking artworks attracted extraordinary attention. Some of them even sold for hundreds of thousands of dollars with a customer list including the likes of Justin Bieber, Eminem, Jimmy Fallon and…

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Fed’s balance-sheet reduction is next big challenge for markets

The markets have gained despite war, disease, rate hikes and recession fears thrown at them. This piece seeks to analyse what’s going right for the markets and what may challenge them, going forward. First the positives: Indian indices have gained for the second straight week. Foreign investors, after being massive sellers through March, bought a handy $370 million of shares on Friday. Their return to India is in step with…

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Want to do your won business ?

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Business Success Tips

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of…

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World Trends in Business

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of…

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