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Pressure returns with stronger Dollar – ING

ING strategist Frantisek Taborsky notes that a stronger Dollar and lower Oil have led markets to outprice most rate hikes in Poland and the Czech Republic, adding pressure on regional FX. With Polish inflation expected to fall to 2.9% and Turkey’s annual inflation seen easing to 31.9%, he anticipates rates…

XAG/USD remains below .00 on renewed Hormuz tensions

XAG/USD depreciates after two days of gains, trading around $58.80 per troy ounce during the Asian hours on Monday. The price of the white metal falls as fresh military clashes between the United States (US) and Iran in the Strait of Hormuz drove oil higher, sparking renewed fears of inflation. Investors remain highly sensitive to evolving headlines out of the Middle East as they assess the stability of the region and its broader impact on…

Business

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Report estimates FDA reform could unlock trillions in economic value

Cutting just one year from the Food and Drug Administration’s drug review process could create more than $10 trillion in economic value while getting lifesaving medicines to patients faster, according to a new report calling for major FDA reforms. The report, The Multi-Trillion Dollar Opportunity in Reforming the FDA, published…

Markets

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Investing

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