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Gold prices have tanked during the Monday morning Asian trading session, compounding losses accumulated over the past week.On August 9, the price of gold quickly fell to its lowest level since March as a flash crash drove prices below $1,700/oz.According to Tradingview, the price of the precious yellow metal plunged
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Bitcoin prices rose aggressively heading into the European session Monday, breaking above $58,000 as traders pinned their hopes on another all-time high milestone ahead. The benchmark cryptocurrency was changing hands for $58,146 at 10:18 UTC, up 4.25 percent from its intraday open. A record expiry of $6 billion worth of options
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Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com - News and Op-Eds for The Next Generation The Dow Jones Industrial Average opened at more than six-month highs, as Fed intervention spurs another rally in equities. Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com - News
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As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before.WTI May futures (CL1). Source: TradingViewThe June WTI contract with a May 19 expiry
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An unlikely alliance between Syria and Libya could usher a new paradigm in the Middle East against Turkey’s wishes. Once again, oil prices hang in the balance. Gulf Arab producers are having a hard time keeping oil prices from falling now that Russia has reportedly backed away from production
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