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On Monday, May 13, 2024, the U.S. dollar recorded a slight dip, reflective of market caution ahead of key economic updates.
Closing down 0.13%, the spot dollar settled at R$5.150 for buying and R$5.151 for selling. The slight decline also saw the nearest futures contract for the dollar fall by 0.30% to 5,159 points.
This cautious trading atmosphere
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Read more: U.S. Dollar Dips as Markets Anticipate Key Economic Updates
Write comment (95 Comments)On May 13, 2024, the oil market witnessed a substantial rebound, with rates climbing due to increased need from the world's leading customers, the United States and China.This uptick eliminated the $1 per barrel reduction observed in the previous session.West Texas Intermediate (WTI) futures rose by 1.1% to $79.12 a barrel, while Brent crude saw a
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Read more: Surge in Oil Prices: Global Demand Dynamics
Write comment (91 Comments)In April 2024, Angola experienced a sharp rise in inflation, reaching a seven-year peak of 28.02%. This boost marks the 12th consecutive month of upward movement, as reported by the National Institute of Statistics (INE). The jump represents a significant rise of 17.61 portion points compared to the very same duration the previous year. It is nearing
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Read more: Rising Inflation in Angola Reaches Seven-Year High
Write comment (99 Comments)The Venezuelan Armed Forces recently demonstrated their abilities in the 'ArpÃa I-2024' drill at Fuerte Guaraguao del Guri, BolÃvar.This operation showcased team effort in between the Army and Military Aviation, emphasizing their combined strength.The Army's 993 Special Forces Battalion and Military Aviation's Mi-17V-5 helicopter collaborated in this
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Read more: Venezuela Flexes Military Might in ArpÃa I-2024 Exercise
Write comment (91 Comments)In Brazil's air travel market, Azul notched a record Ebitda margin in early 2024, highlighting its robust performance.Despite increasing financial obligation, the airline accomplished a 37% Ebitda growth, revealing strong financial management.This achievement improved Azul's stock to R$ 11.28 ($2.19) by Monday afternoon. Aiming for its 2024 monetary goals, Azul needs 22% y
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Read more: [Brazil] - Azul's Strategic Flight: Navigating Through Financial Turbulence
Write comment (94 Comments)As the worldwide economy maneuvers through changing markets, cotton, precious metals, and oil reveal considerable trends.This week, these sectors underscore their functions in shaping our financial landscape.Louis Dreyfus Co. and Singapore's Olam Agri Holdings Ltd. strongly complete for control over Namoi Cotton Ltd.Their competition has actually pushed Namoi's s
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Read more: Forming Global Markets: Cotton, Metals, and Oil This Week
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