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U.K. Inflation Falls to 2.3%, Lowest in 3 Years
New York Times· 5 days agoThe decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target. Britain’s inflation rate slowed last month to...
Markets Take Profits Ahead of Long Weekend
Zacks via Yahoo Finance· 3 days agoIn any case, heading north from the 50 breakeven point is good for the Manufacturing sector as well. We know this space has faced...November of last...
Here’s Why Americans Are Confused and Angry About the Economy
US News & World Report· 7 days agoHere is what Federal Reserve Chairman Jerome Powell said last week in the Netherlands regarding the higher-than-expected inflation seen in the first few months of 2024: “It may be that (high ...
Gold gains today, still ends week down over 3%
The Forex Market· 2 days agoGold price stabilized on Friday after registering back-to-back days of losses, climbing some 0.23%.
Morning bid: Fed fears overwhelm AI theme, gold recoils
Reuters via Yahoo Finance· 3 days agoIn an extraordinary turnabout in just five months, financial markets now fully price just one...
Calmer Markets Ahead of the Weekend
The Forex Market· 3 days agoOverview: The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI, which reached its best level...
Euro area and US PMIs surprise to the upside
The Forex Market· 3 days agoThe flash release showed consumers' inflation expectations ticking notably higher, but the recent decline in retail gasoline prices could mean that...
The days of wine and roses? – NVDA bucks the trend and rises by 9.3%
The Forex Market· 3 days agoStocks and Bonds get Whacked as reality becomes real. Happy Memorial Day Weekend – Thank you to all...
Gold Price Forecast: XAU/USD eyes $2,310 support, as rising wedge remains in play
The Forex Market· 3 days agoThe US Dollar and US Treasury bond yields consolidate weekly gains amid a dour mood. Gold price...
FX daily: Post-CPI trading may lead to fragile Yen
The Forex Market· 7 days agoThere’s a good chance we have entered a calm period in markets, one that separates the US CPI and PCE releases and that could see the dollar stabilise...