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Author Archives: Insta Forex

UK Shop Prices Fall Further On Promotions: BRC

UK shop prices declined at a faster pace in February as weak demand forced further promotion, data from the British Retail Consortium showed on Wednesday. The BRC-Nielsen shop price index declined 0.6 percent versus a 0.3 percent fall in January. ...

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Austria Manufacturing PMI At 12-month High

Austria’s manufacturing sector expanded in February, marking the best performance in a year, survey results from IHS Markit showed on Wednesday. The headline UniCredit Bank Austria manufacturing Purchasing Managers’ Index rose to 50.2 in February from 49.2 in January. This ...

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Gold Prices Rise After US Warning On Spread Of Virus

Gold prices rose on Wednesday amid worries that the coronavirus could spread rapidly across the world and become a pandemic. Spot gold climbed 0.85 percent to $1,649.08, after having fallen as much as 1.9 percent in the previous session. U.S. ...

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Oil Prices Extend Losses For Fourth Day

Oil prices fell over 1 percent on Wednesday to extend losses for a fourth straight session as the threat of a global coronavirus pandemic grew. Benchmark Brent crude fell 1.45 percent to $53.48 a barrel as negative headlines surrounding the ...

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