Eleanor

S&P 500 Hits Record High Amid Mixed Global Economic Signals

Quick look S&P 500 rallies to a fresh high, with the tech sector leading gains. Nvidia shares surge, erasing recent losses and highlighting the chipmaker’s strong performance. Mixed economic data: South Korea’s unemployment rate falls, while India’s inflation slightly decreases but remains above expectations. U.S. stock futures show minimal changes ahead of the trading session. …

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Market Weekly: USD Up with Inflation Data & Rate Cut Talks

Quick look The U.S. dollar advanced following higher-than-expected inflation figures, reducing hopes for a June rate cut by the Federal Reserve. The USD Index (DXY) surpassed the 103.00 mark, with investors eyeing the Fed’s easing cycle to begin in summer. Notable currency movements included a drop in EUR/USD to the 1.0900 area and GBP/USD challenging …

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Anyone can program with the help of AI

Midjourney Bans Stability AI Staff Over Data Scraping Row

Quick look Midjourney indefinitely bans Stability AI employees after detecting botnet-like activity, suspected of data scraping. The conflict has sparked discussions on the ethics of data scraping among AI companies. Stability AI CEO Emad Mostaque asserts the scraping was unintentional and related to a personal project, denying the need for Midjourney’s data. Both companies have …

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Five essential farm commodities saw double-digit growth in March exports

Mastering Financial Sense: Live Well Within Your Budget

Quick look Financial responsibility centres on spending less than you earn. Credit cards should facilitate convenience, not supplement income. Avoiding interest, a crucial step saves more than the item’s original cost. Distinguishing between necessities and luxuries aids in wise spending. Saving, investing wisely, and maintaining an emergency fund are key pillars. Personal budgeting and resisting …

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Sugar

Global Sugar Market Dynamics: A Comprehensive Analysis

Quick look May NY World Sugar #11 and London ICE white sugar saw fluctuations, with recent closings indicating market volatility. A significant rally in sugar prices was observed, attributed to short-covering and various supportive factors. Brazil’s surging sugar production contrasts with reduced output in India and Thailand, influencing global supply dynamics. The International Sugar Organization …

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