Dollar on rates-watch as traders wait on loans data

May 8, 2023

The dollar is stagnant after last week’s drop when the Federal Reserve hinted at the end of the U.S. rate increase cycle. The focus is now on U.S. inflation and bank lending data. Sterling is hovering just below an 11-month high and will be monitored ahead of the Bank of England rate increase on Thursday

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Accenture beats third-quarter revenue estimates

Accenture beat Wall Street estimates for third-quarter revenue on Friday, driven by growing demand for the consulting giant’s AI-driven services from enterprise customers.

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Macro indicators, retail participation aligning for a multi-decade bull run: Madhu Kela

Market veteran Madhu Kela advises investors to focus on bottom-up ideas and segregate research from execution. He is bullish on India’s long-term prospects, citing favorable

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