Forex News
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Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass. While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may ...
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Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. The announcement from the 59-year-old French Gates comes three years after her divorce from the 68-year-old Microsoft co-founder. Under the ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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On Wednesday (May 15), Bank of Japan views on monetary policy and Japanese government talk about interventions may impact buyer demand for the USD/JPY. The USD/JPY advanced for the sixth time in seven sessions on Tuesday (May 14), raising the risk of a government intervention. A weaker Japanese Yen could raise import costs and impact household spending. ...
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The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale plan: • Local governments would buy "millions" of unsold homes says the report.
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Key statistics: • The seasonally adjusted WPI rose 0.8% this quarter and 4.1% over the year. • The private sector rose 0.8% and the public sector rose 0.5%, seasonally adjusted for the quarter. • The largest industry contributors to quarterly wage growth were Professional, scientific and technical services (0.7%), Education and training (0.8%), and ...
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On Wednesday (May 15), Bank of Japan views on monetary policy and Japanese government talk about interventions may impact buyer demand for the USD/JPY. The USD/JPY advanced for ...
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Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking ...
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The information and communication technology (ICT) sector grew by an average of 6.3% between 2013 and 2023, about three times faster than the total economy across the 27 OECD ...
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The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale ...
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Key statistics: • The seasonally adjusted WPI rose 0.8% this quarter and 4.1% over the year. • The private sector rose 0.8% and the public sector rose 0.5%, seasonally adjusted ...
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In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the euro area and the EU, compared with the previous quarter, according to a flash estimate ...
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USDJPY recouped more than half of its sharp losses that occurred at the start of the month thanks to the bounce off the 50-day simple moving average (SMA) near 151.84. But the bulls seem to be struggling to jump back into the broken bullish channel, which is currently capping upside movements near 156.60. Given the pair’s rise above the 20-day SMA and ...
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Sr. Strategist James Stanley shares charts and highlights the themes and scenarios he's watching across macro markets.
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Pan-European market infrastructure Euronext today published its financial results for the first quarter of 2024. FX trading revenue was up 12.7% at €7.1 million in Q1 2024, supported by growing volumes, slightly offset by a negative volumes mix impact. On a like-for-like basis at constant currencies, FX trading revenue was up 14.1% compared to Q1 2023. ...