Forex News
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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Christie’s showed tremendous resilience through an up-and-down pair of evening sales held back-to-back in New York on Tuesday night (14 May). Although one major disappointment cast a long shadow over the final figures, some reasons for optimism and pride were nevertheless visible throughout the night. First was a dedicated auction of 26 works from the ...
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The past year’s steady decline in nominal wage growth now appears in danger of stalling. Given ongoing uncertainty in Ukraine and the Middle East, this seems an opportune moment to revisit the conventional wisdom about the relationship between inflation and wages: if an unexpected increase in energy costs drives up the cost of living, will workers demand ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio remained at 64.0%. • underemployment rate remained at 6.6%. • monthly hours worked increased to 1,955 million. In seasonally adjusted terms, in April 2024: • unemployment rate ...
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Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching back to last summer. Gross domestic product contracted at an annualized pace of 2% in the three months through March, the Cabinet Office said Thursday. Economists had forecast a ...
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Euro area financial stability conditions have improved as recession risks decline, but markets remain exposed to possible adverse macro-financial and geopolitical surprises Tight financial conditions are testing the resilience of vulnerable euro area households, firms and governments, while downturn in property market presses real estate firms Euro area ...
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Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many ...
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Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio ...
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Euro area financial stability conditions have improved as recession risks decline, but markets remain exposed to possible adverse macro-financial and geopolitical surprises Tight ...
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The GDP data released earlier today showed anything but a recovery, modest or otherwise: • Japan's annualised Q1 GDP -2.0% q/q (vs -1.5% expected)But, let's give Minister Shindo ...
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AUDUSD posted a strong bullish day on Wednesday, showing some more upside pressure today, towards a fresh four-month high, exiting from the consolidation area of 0.6390-0.6635. A rally higher until the next resistance level of 0.6730 could endorse a bullish retracement in the market. Technically, the 20- and the 50-day simple moving averages (SMAs) posted a ...
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The Australian Dollar surged more than 1% against the US Dollar on Wednesday after data showed that consumer inflation moderated in April, with the underlying Consumer Price Index (CPI) edging lower for the first time in six months. As Thursday’s Asian session begins, the AUD/USD trades at 0.6695, virtually unchanged. Inflation in the US began to show signs ...
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The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...