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Ever wonder why the price of your morning coffee seems to change every other week? Or why does filling up your gas tank feel like gambling? You’re not alone. Behind those fluctuating prices is a complex world of commodities trading, where folks are constantly trying to predict the future of raw materials like oil, gold, and wheat. And their secret weapon? Economic data. The Economic Weather Report: More Than Just Numbers Think of economic data as the global economy’s weather forecast. GDP growth, inflation rates, interest rates – these aren’t just dry statistics; they’re clues to what’s coming. Traders pore
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