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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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GBP/USD slips as weak US payrolls revision keeps Fed cut bets intact GBP/USD retreats during the North American session after the latest Nonfarm Payrolls revision, which was worse than expected. At the time of writing, the pair trades at 1.3542 after hitting a daily high of 1.3590, down 0.01%. Read More… Pound Sterling gains further against US Dollar ahead of US NFP revision The Pound Sterling (GBP) extends its winning streak for the third trading day against the US Dollar (USD) on Tuesday. The GBP/USD pair posts a fresh three-week high around 1.3580 during the European trading session as the US Dollar slumps ahead of…

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When you hear the phrase “Gold Rush,” your mind probably jumps straight to California in 1849. But the story of gold in America began much earlier, and much farther east. In fact, the first major gold rush in U.S. history took place in the rolling hills of northern Georgia in 1829. This little-known but deeply significant event set the stage for America’s fascination with gold and shaped the foundation of the modern gold industry. The Discovery That Sparked It All In 1828, gold was discovered in Lumpkin County, Georgia, near what would become the town of Dahlonega. By the following…

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