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By BITA. Tracks the performance of U.S.-traded securities from companies involved in the effort to increase consumers' quality of life. BITA
By BITA. Tracks the performance of U.S.-traded securities from companies involved in the effort to increase consumers' quality of life. BITA
| Spread | 7.3 | Spread (%) | 0.75% |
|---|---|---|---|
| Overnight funding - Buy | -0.0283% | Overnight funding - Sell | 0.0009% |
| Initial margin | 3.33% | Maintenance margin | 1.67% |
| Leverage | 1:30 | Expires daily | No |
| Name | Sell | Sell button / Change | Buy | Change | ||
|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | {{item.BuyPrice}} | Buy | {{item.ChangePercentText}} | Trade |
The PMI can be an important economic indicator to traders and investors alike as it reflects the economic trajectory of businesses from the manufacturing and services sectors.
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The U.S. dollar fell 0.6% following Wednesday’s release of the March CPI report and FOMC minutes. The combination of the data led to growing expectations that the Fed could cut rates later in the year.
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Former Goldman Sachs chief economist, Jim O'Neil, has been calling for countries to challenge the US dollar. Brazil and China agreed to trade in their own currencies in a move seen as a step towards rivaling US global economic dominance.
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