U.S. Dollar Climbs After PPI Data

The U.S. dollar advanced against its most major counterparts in the New York session on Friday, after producer prices came in unchanged in September. Data from the Labor Department showed that the producer price index came in flat in September after rising by 0.2 percent in August. Economists had expected producer prices to inch up...

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Moscow Mulls ‘Creating Russian Crypto Exchanges’

Under Russian law, crypto exchanges have no legal status and are not regulated by any Russian governmental body. 🇷🇺 President Vladimir Putin appointed his aide and former bodyguard Alexei Dyumin to oversee Russia’s military response to the Ukrainian surprise attack in the Kursk region, a federal lawmaker said More updates here https://t.co/StoxlqNtYK pic. .com/u2IklmNKlb —...

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Asian Shares Mixed After US, China Data

Asian shares turned in a mixed performance on Friday after the release of key U.S. and Chinese economic data. A key U.S. inflation metric closely watched by the Federal Reserve increased at the slowest rate in nearly three years, fueling hopes for a Fed rate cut in June. China reported mixed data, increasing pressure on...

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TSX Ends Moderately Higher

The Canadian market ended on a firm note on Thursday, bouncing back after snapping a five-session winning streak a day earlier, as data showing a bigger than expected increase in U.S. jobless claims raised expectations the Federal Reserve will cut interest rates in September. Materials shares rallied sharply. Stocks from communications, energy, utilities, real estate...

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Ripple Strengthens Partnership with National Bank of Georgia to Digitize Local Economy

Ripple, a major cryptocurrency firm, is strengthening its collaboration with the Republic of Georgia by exploring ways to digitize the local economy in partnership with the National Bank of Georgia (NBG). Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy. National Bank of Georgia...

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