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Top News In Chinese Stimulus Today - Breaking & Trending Today

Oil edges higher, on track for weekly gain on strong economic growth

Brent crude futures were up 53 cents, or 0.7%, at $82.93 a barrel by 1:48 p.m. ET (1848 GMT), and touched $83.57, their highest price since November. ....

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Former Interior Secretary Says Inflation Reduction Act Makes America 'More Vulnerable To China'

Republican Rep. Ryan Zinke of Montana said Tuesday the U.S. was “more vulnerable to China” because of the Inflation Reduction Act's push for electric vehicles. ....

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Exclusive -- Zinke Slams Biden Energy Policies: 'Fairy Dust and Hope'

Zinke slammed the Biden administration's energy policies as driving up inflation, worsening supply chain issues, and putting national security at risk. ....

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DAX and FTSE Benefit from Chinese Stimulus and Upbeat Data Releases

The indices benefitted from improving market sentiment on the back of Chinese stimulus. Downside pressure remains in play with the Jackson Hole Symposium lying in wait. ....

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Weak demand puts pressure on steel prices

Indian steel mills cut the price of hot rolled coil for August 22 to ₹58,500 per tonne, which is a reduction of ₹3,500 per tonne m-o-m, and cold rolled coil to ₹66,000 per tonne, a reduction of ₹2,500 per tonne m-o-m, to align more closely with trade channel prices, suggested Nomura Research data ....

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