Down from session highs of 1.5240
Talk out there that the pound will not be benefitting from month-end flows and could be under pressure particularly vs commodity currencies
Stop-loss selling seen on GBPUSD below 1.5195. Low so far 1.5204. currently 1.5210
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Crude oil dips below $100 as Iran talks near completion. Traders eye geopolitical shifts impacting energy valuations.
Slate Path Capital dumps GitLab ($174M exit), shares down 57.7% YTD. TXN & ON now top holdings.
Rail traffic up 4.2% y/y! Grain & petroleum lead gains, while coal dips. Strong volume signals robust industrial activity.
Ram's 777-HP V8 muscle trucks launch amid high gas prices. High risk, high reward play?
KGEI boosts production 15% with low op costs ($7.33/BOE), but revenue dips 3% on lower oil prices.
NVDA eyes 78.6% revenue growth pre-earnings. Peers show mixed results; NVDA trades at a discount to its $275 target.
Fed eyes longer hold or hikes on sticky inflation. Elevated asset valuations pose correction risks.
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