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Why A Rate-Cutting ECB Won’t Be Too Worried About The Euro
Video By:
ING Economics
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Wednesday, May 15, 2024 1:02 PM EDT
Markets expect the European Central Bank to start cutting interest rates next month.
In this video: EZU
GBP/USD Analysis: Uptrend Remains Cautious
Article By:
Mahmoud Abdallah
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Wednesday, May 15, 2024 10:58 AM EDT
According to Forex market trading, the pound sterling briefly dipped before recovering to around $1.25 as traders digested recent labor data and monetary policy expectations.
GBP/USD Price Analysis: Dollar Softens Post PPI, Eyes On CPI
Article By:
Yohay Elam
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Wednesday, May 15, 2024 9:30 AM EDT
The US released hotter-than-expected Producer Price Index (PPI) figures. Investors expect only 44 basis points of Fed rate cuts in 2024. British wages minus bonuses grew by 6.0% in the first quarter of 2024.
Eurozone Industrial Production Increases In March
Article By:
ING Economics
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Wednesday, May 15, 2024 7:38 AM EDT
The 0.6% month-on-month increase was strongly driven by a jump in the notoriously volatile Irish production figure. Production seems to be tentatively bottoming out at the moment, with a modest recovery expected in the second half of the year.
Rise In Part-Time Work Threatens Already Sluggish Productivity Growth In Germany
Article By:
Carsten Brzeski
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Wednesday, May 15, 2024 6:45 AM EDT
A strong German labor market has helped to avert a more severe economic slump in recent years.
In this article: EWG
Dutch GDP Growth Contracts, But Underlying Developments Seem Positive
Article By:
ING Economics
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Wednesday, May 15, 2024 6:40 AM EDT
The Dutch economy contracted by 0.1 % in the first quarter of 2024 thanks to increased inventories, contracting exports and a negative statistical discrepancy. While this seems worse than expected most expenditures performed better than we’d thought.
Ranked: The Top 6 Economies By Share Of Global GDP (1980-2024)
Article By:
Jeff Desjardins
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Wednesday, May 15, 2024 5:05 AM EDT
The world’s top six economies by their share of global GDP from 1980 to 2024.
Rates Spark: All Eyes On US CPI
Article By:
ING Economics
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Wednesday, May 15, 2024 4:31 AM EDT
Markets remain highly sensitive to anything inflation related, as highlighted by the strong reaction to Tuesday’s US PPI. A key test for the bullish undertone is CPI, where we think an in-line reading might not be enough to spur on bond bulls.
The Commodities Feed: US CPI Release
Article By:
ING Economics
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Wednesday, May 15, 2024 3:24 AM EDT
Oil prices have strengthened in early morning trading due to a larger-than-expected US stock draw. However, the US CPI release today will be key for price direction.
In this article: BNO
FTSE - Upbeat Wage Data Offset By Mixed Corporate Updates
Article By:
Patrick Munnelly
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Tuesday, May 14, 2024 3:00 PM EDT
On Tuesday, the London stock market saw an increase, with the personal goods sector leading the way, as employment market data revealed stronger-than-expected wage growth.
In this article: EWU
Footsie Is Trading In 5th Wave
Article By:
Gregor Horvat
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Tuesday, May 14, 2024 11:44 AM EDT
Footsie is trading In 5th wave which can be final leg of an impulse from technical point of view and from Elliott wave perspective.
Poland’s External Current Account Was In Surplus In March
Article By:
ING Economics
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Tuesday, May 14, 2024 10:51 AM EDT
Poland continues to show current account surpluses while external trade turnover has dropped significantly.
In this article: EPOL
EUR/USD Outlook: Euro Steadies Ahead Of US PPI Data
Article By:
Yohay Elam
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Tuesday, May 14, 2024 9:15 AM EDT
Business activity in the Euro Area expanded at a faster rate than that in the US in April. The euro has lost nearly 2.5% of its value against the dollar this year. Investors are awaiting the US PPI report.