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ForexForexLive

China services PMI slows to 50.8 in October as price cuts meet rising costs

The data adds to the picture of a Chinese economy still growing but struggling with weak pricing power, which helps explain why authorities are leaning on targeted support such as this week’s expanded buyback lending. Falling selling prices alongside rising costs point to margin pressure for listed service companies, which may limit any equity bounce from the support measures. Firms specifically…

ForexForexLive

It's no longer early, this election is looking like a disaster for Republicans

It's no longer early as US votes roll in. There is a highly statistically significant number of districts reporting now and some of them reporting completely. The numbers are showing a 10-35 point swing towards Democrats. If even the bottom of that holds, it's a huge swing towards Democrats. For illustration, betting odds now have Democrats winning the Texas Governorship and Senate seat, with…

CommodityOilPrice.com

Pentagon Eyes Unprecedented 75-Year Deal to End China's Rare Earth Stranglehold

The U.S. Army wants first dibs on American-produced heavy rare earths, and REalloys (NASDAQ: ALOY) has just signed a landmark nonbinding term sheet that could put it at the top of the military's supply chain list. And the terms are extraordinary. The term sheet proposes a potential 75-year operating lease on approximately 200 acres at Tooele Army Depot in Utah, where REalloys would build and…

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