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Gold prices dipped as U.S.-Vietnam trade de-escalation boosted market sentiment. Investors are keenly awaiting the U.S. payroll data for insights into the Federal Reserve's future policy decisions. The U.S. will impose a lower tariff on Vietnamese goods, while negotiations with India face hurdles over agricultural exports. U.S. private payrolls saw an unexpected decline, heightening anticipation for the non-farm payrolls report.
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The president has repeatedly criticised Jerome Powell for not cutting rates but has sent mixed signals about removing him from the role.
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Indian startups are increasingly eyeing local stock exchanges for their listings, driven by robust valuation multiples in the public markets and growing maturity of the domestic startup ecosystem, analyst and investment bankers pointed out. Smaller companies are opting for the IPO route not only to raise capital, but also to provide exit to their investors.
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