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Economics
Russia Cuts 2026 GDP Growth Forecast to 0.4%
Russia cut its economic growth forecast for 2026 to 0.4% from 1.3% previously, and lowered its 2027 forecast to 1.4%…
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Economics
UK Retail Sales Fall for 1st Time Since 2024
UK retail sales decreased by 3.4% year-on-year on a like-for-like basis in April 2026, sharply missing expectations for a 0.8%…
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Economics
Irish Construction Shrinks the Most in 5 Months
The AIB Ireland Construction PMI dropped to 47.1 in April 2026 from March’s 10-month high of 53.2, marking the first…
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Markets
US Futures Steady Ahead of CPI Report
US stock futures held steady on Tuesday as investors prepared for April’s consumer inflation report, which may offer fresh insight…
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Banks
China: Reflation momentum delays PBoC cuts – ING
ING’s Lynn Song notes that stronger China Consumer Price Index (CPI) and Producer Price Index (PPI) data in April, alongside…
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Banks
Chinese Yuan: Strengthens into US–China summit – Societe Generale
Societe Generale analysts observe USD/CNY trading below 6.80, with the Chinese Yuan at its strongest level since February 2023 ahead…
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Forex
Sterling slips from peak as US CPI and UK GDP loom
US April CPI on Tuesday is forecast at 0.6% MoM and 3.7% YoY, with a hotter print likely to weigh…
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Metals
Gold drifts higher to near $4,750 ahead of US CPI inflation release
Gold price edges higher to near $4,750 in Tuesday’s early Asian session. Traders will closely watch the US April CPI…
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Economics
BoJ Summary of Opinions: Member says bank may need to tackle risk of rising price deviations
The Bank of Japan (BoJ) published the Summary of Opinions from the April monetary policy meeting, with the key findings…
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Forex
Eur softens below 1.1800 on US-Iran ceasefire risks, traders await US CPI data
EUR/USD weakens to around 1.1775 in Tuesday’s early Asian session. Trump said the US-Iran ceasefire was on ‘massive life support.’…
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