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Gold dips on firmer dollar; US inflation data, Fed policy eyed

Gold prices edged lower on Wednesday, weighed down by a stronger dollar, as investors awaited key U.S. inflation data and the Federal Reserve s updated interest rate projections due later in the day. . -June 11, 2024 at 09:51 pm EDT - MarketScreener

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Seoul shares open higher on Wall Street gains

South Korean stocks opened slightly higher Tuesday, tracking overnight gains on Wall Street ahead of a US Fed meeting. The benchmark Korea Composite Stock Price Index added 9.99 points, or 0.37 percent, to 2,711.16 in the first 15 minutes of trading. The positive start follows overnight gains on Wall Street, with investors taking caution ahead of the US Federal Open Market Committee meeting slated for Tuesday and Wed.

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Seoul shares open sharply lower ahead of Fed meeting

Seoul shares open sharply lower ahead of Fed meeting
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Andrew Moffs Top Picks: May 30, 2024 - BNN Bloomberg

Andrew Moffs Top Picks: May 30, 2024 - BNN Bloomberg
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Seoul shares snap 4-day losing streak on bargain hunting

South Korean stocks jumped over 1 percent Monday to snap their four-day losing streak on bargain hunting amid dashed hopes for an early rate cut by the Federal Reserve. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index moved up 35.59 points, or 1.32 percent, to close at 2,722.99. Trade volume was moderate at 546 million shares worth 15.6 trillion won ($11.4 billion), with .

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