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Tag Archives: Weakening

The gold price is weakening due to decent US employment data

Editor's Note: Get caught up in Minutes with our quick overview of key news and experts today Opinions that moved the precious metal and financial markets. Sign up here! (Kitco News) – Gold and silver prices fell moderately at the start of US trading on Friday after the market reported a generally positive US employment report – even though key …

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Stocks are weakening on growing concerns about economic growth

Asian stocks dropped a fourth day on Thursday as weaker US manufacturing and hiring data unsettled the global economy. Interested in stock exchange? Add stock market as an interest to stay up to date on the latest news, videos and analysis from ABC News. The Tokyo Nikkei 225 fell unusually high by 2% and market benchmarks in Hong Kong, Sydney …

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Yuan case: Why is China's currency weakening?

Image Rights Getty Images China's currency has fallen to its lowest level in more than a decade, causing the US to call Beijing a currency manipulator. The US move came on Monday after the currency fell below 7 yuan against the US dollar for the first time since 2008. Beijing has previously tried to prevent the currency from slipping below …

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Tropical rainstorm Barry weakening, silently threatening heavy rain, flooding

July 15, 2019 Share: Soon after making landfall along the central Louisiana coast as a Category 1 hurricane on Saturday, Barry weakened to a tropical storm. The much-anticipated storm is weakened by a tropical depression. As of Monday morning, the storm remains a depression as it slowly meanders across northwestern Arkansas. Monday evening Barry broke down to a tropical rainstorm. …

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AMD earnings: In a weakening chip sector, AMD brings rare optimism

Advanced Micro Devices Inc. is about to get its turn to show if it is affected by problems in the chip market, or if it is to capitalize on the weakness and siphon off market share from larger rival Intel Corp. [19659002] AMD                                                                                                                                                                                                                       AMD, + 0.80% This is …

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China exports: 21% plunge in exports shows weakening global economy

Chinese exports plunged 21% in February from a year earlier, according to Chinese government data released Friday. It has been the weakest monthly performance since February 2016 and far worse than economists had predicted. US $ 250 trillion of Chinese products are taking a toll. "US tariffs have become more meaningful drag on exports," Julian Evans-Pritchard, a China economist at …

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Alibaba Profit: China's weakening effect on spending on electronic commerce is a key factor

Given the uncertainty of investors regarding the economic situation in China and the impact of trading volatility, Alibaba Group Holding Ltd. on Wednesday give their opinion on the country's consumer spending. Chinese e-commerce giant is expected to release third-quarter results ahead of Wednesday's market opening. The company's holiday season results will show whether it has suffered from a general slowdown …

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Asian markets are falling as China reports a weakening in exports

In Asia, equities were lower on Monday, extending Wall Street's recent losses as China reported a slowdown in exports. The Hang Seng Index of Hong Kong HSI, -1.61% lost 1.4%, while the Shanghai Composite SHCOMP, -0.70% fell 0.6%. The Kospi SEU, -0.73% fell 0.7% in South Korea and the Australian S & P ASX 200 XJO, -0.02% gave 0.3%. The …

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Richter stops Trump's weakening of Obamacare's contraceptive mandate

However, the injunction only applies to the coalition of 13 Democratic States and the District of Columbia in which the lawsuit was filed. In his ruling, Judge Haywood Gilliam, Jr. said states are "potentially threatening" public health and public finances from the implementation of the final clauses. He points out that states must be faced with increased costs for preventing …

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Hurricane Willa is weakening in Mexico after thousands have been evacuated

MEXICO CITY – Hurricane Willa weakened on Wednesday to tropical depression after taking land in western Mexico several hours after the evacuation of thousands of coastal residents. Early Wednesday the storm, whose winds reached 120 miles per hour, has lost much of its power, according to the United States National Hurricane Center. The center said the storm was to go …

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