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ECB’s Nagel: I will keep options open for July and September decisions
European Central Bank (ECB) Governing Council Member and President of the Deutsche Bundesbank, Joachim Nagel, said during the European trading session on Wednesday that the monetary policy path is still on the upside, citing upside inflation risks.
Fxstreet
Wed, Jul 1
Japan’s Mimura says past Japanese Yen intervention demonstrated effect
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said that intervention to prop up the yen two months ago was successful, and some US authorities voiced support, Bloomberg reported on Wednesday.Fxstreet
Wed, Jul 1
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US Stocks Tumble as Nasdaq Drops Over 4%; Micron Plunges Over 12% on Fears Slowing AI Data Center Expansion Will Dent Infrastructure Demand
Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%
US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test
Micron Stock Price Forecast: Plunges 25% in a Month to Lose $800 Mark, Faces Over 30% Further Downside
Oil Price Forecast: Brent Falls Below $100 to Two-Month Low as Democratic Win Sparks Truce Hopes, Risks Retesting $80
