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The Canadian Dollar gains traction against the US Dollar, with USD/CAD slipping below 1.3850.University of Michigan survey signals weaker consumer sentiment and expectations.BoC under pressure to ease, with economists forecasting a 25 bp rate cut on September 17 amid fragile domestic conditions.The Canadian Dollar (CAD) strengthens modestly against the US Dollar (USD) on Friday, with USD/CAD hovering around 1.3840 during the American session. The pair is on track to record its second consecutive weekly gain, as the Greenback steadies following Thursday’s Consumer Price Index (CPI)-induced decline.Fresh data from the University of Michigan underscored a cooling in household confidence. The University…

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Gold consolidates near $3,650, holding in a narrow range after this week’s record high near $3,675.Safe-haven demand remains strong, driven by global trade tension and geopolitical risk.Markets have fully priced in a 25 bps cut at the Fed’s September 17 meeting, a +90% probability says CME Fedwatch Tool.Gold (XAU/USD) is trading with a positive tone on Friday, consolidating near $3,650 mark after rebounding from Thursday’s pullback. The precious metal remains stuck in a narrow range after notching an all-time high near $3,675 earlier this week.Despite the sideways price action, Gold is on course for a fourth straight weekly gain, supported…

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WTI falls nearly 2% to trade around $62.20, erasing early-week gains.OPEC+ output rises by 509,000 bpd in August, total production hits 42.4 million bpd.IEA warns of 2.5 million bpd global surplus in H2 2025; trims demand forecast to 740,000 bpd.West Texas Intermediate (WTI) Crude Oil comes under renewed selling pressure on Wednesday, paring most of the gains registered earlier this week, as investors respond to back-to-back bearish signals from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) monthly reports.At the time of writing, WTI trades around $62.20 per barrel, down nearly 2.0% on the…

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EUR/USD edges higher as the US Dollar weakens after soft PPI data.US PPI fell 0.1% MoM in August, reinforcing bets on a Fed rate cut next week.Focus shifts to Thursday’s U.S. CPI and ECB policy decision for fresh direction.The Euro (EUR) is edging modestly higher against the US Dollar (USD) on Wednesday, as the Greenback lost momentum after weaker-than-expected US Producer Price Index (PPI) figures added to market bets that the Federal Reserve (Fed) will deliver a rate cut next week.At the time of writing, the EUR/USD pair is trading around 1.1710 after briefly touching its highest level since July…

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | ReutersWith the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend.The Morningstar PitchBook US Modern Market 100 Index, or the Modern Market 100, is the first to combine public and private equity exposure in one index, the investment research company announced Wednesday. The benchmark is meant to capture the performance of 100 of the largest U.S. companies, broken down to 90 public firms…

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