Economics
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Economic Calendar – Good Friday Holiday Impacts Markets
With global markets largely closed for the holiday, reaction to economic data will likely be delayed until markets reopen next…
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Netflix Shares Gain 4% on Strong Q1 2025 Earnings Report
Netflix (NFLX.US) reported first-quarter results that beat expectations on both revenue and earnings per share. The results show that despite economic…
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EUR/USD declines as ECB cuts interest rates, guides grim outlook
EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…
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EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts
Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is…
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EUR/USD Undecided After U.S. Macro Data
12:30 PM GMT, United States – Philadelphia Fed Report for April: Manufacturing Index: actual -26.4; forecast 2.2; previous 12.5; Employment: actual 0.2; previous 19.7; Business…
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ECB Cuts Rates by 25bp
ECB Main Refinancing Rate: Current: 2.40% Forecast: 2.65% Previous: 2.90% ECB Deposit Rate: Current: 2.25% Forecast: 2.25% Previous: 2.50% ECB…
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Economic Calendar – All Eyes on The European Central Bank
On Thursday, macroeconomics comes back into the limelight. After the unexpectedly high drop in energy prices in Germany, the session in…
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German PPI Goes Negative Unexpectedly
06:00 AM GMT, Germany – Inflation Data for March: Yearly German PPI: actual -0.2% YoY; forecast 0.4% YoY; previous 0.7% YoY; Monthly German PPI:…
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Bank of Canada Holds Rate Unchanged
Bank of Canada maintained interest rates at 2.75% level, in line with expectations. Bank of Canada Rate Decision – Key…
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U.S. Retail Sales in line With Expectations
US Retail Sales MoM: 1.4% (Forecast 1.4%, Previous 0.2%) US Core Retail Sales MoM: 0.5% (Forecast 0.4%, Previous 0.3%) US30…
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