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Key Events In EMEA Next Week Of March 11
Article By:
ING Economics
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Saturday, March 9, 2024 1:45 AM EDT
Next week will be relatively quiet in the EMEA region. Following strong global deflationary trends, a high reference base and a price war between large retailers, we expect Poland's CPI to fall to 3.3% YoY in February.
FX Daily: Time For The Euro To Move Lower, Notably Against The Yen
Article By:
ING Economics
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Thursday, March 7, 2024 5:13 AM EDT
The dollar is a little softer after Fed Chair Powell re-iterated that rate cuts were still on the agenda for this year and data showed that imbalances in the labour market were continuing to correct.
Mapped: Breaking Down The $3 Trillion African Economy By Country
Article By:
Jeff Desjardins
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Wednesday, March 6, 2024 1:49 PM EDT
Home to 1.4 billion people, the nations of the African continent are widely diverse; not just in culture and language, but also in economic output.
Key Events In EMEA For The Week Of Feb. 26
Article By:
ING Economics
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Friday, February 23, 2024 8:42 AM EDT
The focus of next week will be Poland's fourth quarter GDP flash estimate for 2023, which we expect to come in at 1.0% YoY.
Crude Oil Tests Higher On Friday, WTI Explores Territory North Of $78.00
Article By:
FXStreet
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Sunday, February 18, 2024 7:20 AM EDT
Crude Oil markets are betting on seasonal demand increases to offset supply builds. Headlines from the Middle East continue to put a floor under barrel bids. A split in demand growth projections has Crude Oil markets facing diverging outlooks.
WTI Crude Oil Weekly Forecast: Speculative Values Remain Near Mid-Term Highs
Article By:
Daily Forex
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Sunday, February 18, 2024 7:01 AM EDT
WTI Crude Oil went into the weekend slightly below the highs it achieved during the week of trading, this as the commodity showed durable support and the ability to reverse upwards.
Key Events In EMEA For The Week Of Feb. 19
Article By:
ING Economics
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Friday, February 16, 2024 7:25 AM EDT
In the coming week, Poland will see a number of data releases, with retail sales being the highlight.
Market Briefing For Thursday, February 15
Article By:
Gene Inger
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Thursday, February 15, 2024 3:29 AM EDT
Then S&P regrouped to rally more, with a Close nailed 5000, hourly support became resistance and we'll surmount that on Thursday 'if' there's no shock before the opening related to the Russian response to what it perceives as NATO provoking it.
Zimbabwe Considers Gold To Back Its Currency
Video By:
Chris Marcus
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Wednesday, February 14, 2024 5:55 PM EDT
While some segments of the financial markets look at gold and silver as pet rocks or doorstoppers, it’s interesting that as nations around the globe continue to run into currency troubles, they keep turning to gold and silver.
The Commodities Feed: Oil Trades Softer
Article By:
ING Economics
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Monday, February 12, 2024 7:27 AM EDT
Crude oil has been softer amid some optimism around the Israel-Hamas conflict. Speculators trimmed their net longs last week as supply risks in the Middle East have eased for now.
Egyptians Turning To Silver To Hedge Against Inflation
Article By:
Stefan Gleason
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Friday, February 9, 2024 2:36 PM EDT
With gold prices skyrocketing in their local currency, Egyptians are turning to silver to protect their savings and wealth from skyrocketing price inflation.
In this article: EGPT
Key Events In EMEA For The Week Of Feb. 12
Article By:
ING Economics
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Friday, February 9, 2024 10:10 AM EDT
In Poland, GDP and CPI releases will be the highlight of next week. Meanwhile, we expect to see headline inflation in the Czech Republic heading closer to the central bank's target.