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🔥🔥🔥 PAKISTAN & INDIA agrees on ceasefire. Finally both countries agrees to deescalate further war. Its good news, War brings poverty for common people. let the peace prevail. #Pakistan #India
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🔥🔥🔥American Cardinal Robert Prevost Named Pope Leo XIV #VATICANCITY – In a historic moment for the Catholic Church, Cardinal Robert Prevost of the #US has been elected #Pope. He will be known as Pope Leo XIV. #BreakingNews #Vatican #PopeLeoXIV #NewPope #RobertPrevost
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🔥🔥 Two Important Days 🔥🔥 Two Important US reports. CPI (Consumer Price Index) and NFP (Non-Farm Payrolls) are two key economic indicators in the United States that significantly influence financial markets. 1️⃣. CPI (Consumer Price Index) 🩸What is it❓ CPI measures the average change over time in the prices paid by urban consumers for a basket of goods and services—essentially, it’s a primary gauge of inflation. 🩸Who publishes it❓ The U.S. Bureau of Labor Statistics (BLS). 🩸When is it published❓ Monthly, typically around the 10th to 15th of each month, covering data from the previous month. 🩸Market Impact: A higher-than-expected CPI suggests rising inflation, which may lead the Federal Reserve to raise interest rates, often strengthening the USD and pushing stocks lower. A lower CPI can lead to expectations of rate cuts or easing, often weakening the USD and boosting equities. 2️⃣. NFP (Non-Farm Payrolls) 🩸What is it❓ NFP tracks the number of jobs added or lost in the U.S. economy, excluding farm workers, government employees, and private household workers. It's a key employment indicator. 🩸Who publishes it❓ Also by the U.S. Bureau of Labor Statistics (BLS), as part of the monthly Employment Situation Report. 🩸When is it published❓ On the first Friday of every month, covering employment data from the previous month. 🩸Market Impact: Strong NFP numbers signal a healthy economy, potentially prompting rate hikes, strengthening the USD, and sometimes hurting stocks due to rate fears. Weak NFP data can do the opposite: boosting stocks (rate cut hopes) and weakening the dollar.
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#StablecoinPayments Dutch banking giant ING is preparing to launch a Euro-backed stablecoin, marking a bold step into the digital currency space. The move comes as the EU’s MiCA regulation creates a clear framework for stablecoin issuance, prompting major European banks to explore new roles in crypto finance. According to CoinDesk, ING is forming a consortium with other banks to develop this stablecoin. Though details are still under wraps and regulatory approval is pending, the groundwork is already in motion. This isn’t the first time a major European bank has entered the space. Société Générale’s SG FORGE launched its own Euro stablecoin earlier on the Stellar blockchain. With MiCA pushing out unregulated competitors like Tether, banks now have room to innovate securely. The EU’s official Digital Euro is still in limbo, awaiting political consensus. Until then, banks like ING are moving to fill the gap with private alternatives that meet MiCA’s strict compliance requirements. Meanwhile, in the U.S., lawmakers are advancing the STABLE Act to tighten oversight on stablecoin issuance. Global finance is converging around new rules — and banks are racing to catch up.
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🔥🔥 Check Your Reward Hub #RamadanWithBinance activity participation rewards recieved $ICP $MANTA
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